|
Unique opportunity to build a custom waterfront home on Lake Dora and the Harris Chain of Lakes, located just 2. 3 miles from downtown Mount Dora and its year-round festivals, dining, shopping, and waterfront activities. This 1. 19-acre homesite offers approximately 148 feet of shoreline frontage and features open-water views across Lake Dora toward the Mount Dora skyline.
The property is already prepared for construction with a new dock (2025), covered boat slip, solar-powered pontoon boat hoist, newly installed well, and cleared building site following prior home removal. A lake-fed irrigation pump is also installed, providing convenient landscape watering capability.
An existing 1, 200 sq ft garage/workshop remains in place and includes 400-amp electrical service to support construction of a future residence. The workshop is fully insulated and equipped with an air compressor line, offering immediate functionality during the building process and long-term flexibility.
The parcel extends on both sides of Lakeshore Drive while remaining one continuous legal homesite, providing flexibility in planning and use. Direct boating access is available throughout the Harris Chain of Lakes, with convenient navigation to Mount Dora, Tavares, waterfront dining, and surrounding shoreline destinations.
A boundary survey completed at the time of the prior home purchase is available; however, the previous residence has since been removed and the survey has not been updated following demolition.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$1,200,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
|
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $960,000 | $960,000 | $960,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.000% | 6.250% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.362% | 6.385% | 6.223% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $5,756 | $5,911 | $8,101 |
| Total Monthly Payment | $5,881 | $6,036 | $8,226 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.