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Absolutely charming direct oceanfront home perched on a high dune with breathtaking panoramas of the Atlantic. This property must be seen in person to be appreciated; it is arguably the very best value for oceanfront living in Volusia County and is not expected to last at this price. The owners took a sturdy yet adorable 1947 built classic beach cottage and spent a fortune renovating and updating every inch without compromising the charm of the original era. This home could not be duplicated anywhere near the asking price with new impact windows, electrical, plumbing, a Hardie Plank exterior, and a complete interior renovation with top-of-the-line appointments. Step inside to be greeted by forever horizon views and gain perspective on the rare towering elevation of this particular lot (one of the highest).
The wide open great-room is the ultimate waterfront gathering area, featuring two gracious picture windows that bring the outdoors in. The coastal contemporary kitchen with custom cabinetry and lovely quartz tops subtly merges with the light filled dining and lounging areas of the great room where a door centered on the east wall opens onto the waterfront patio and private walkway to the beach. The room count includes 4 bedrooms, 2 beautiful bathrooms, and two separate dens, making it ideal for hosting a large family or a crowd of weekend guests. An indoor laundry area off the kitchen makes cleaning up convenient. A private outdoor beach shower is priceless after a dip in the ocean. Vertical seawall is in place for peace of mind. The photos look great, but you have to see this home in person to feel the integrity of the structure and take in the views. While this property was assigned a Port Orange address by the postal service, it is not within the city limits of Port Orange, but rather a more desirable unincorporated section of Volusia County known as Wilbur-by-the-Sea. Residents and seasonal visitors in Historic Wilbur by the Sea form a unique community that embraces beach life and the eclectic architecture of the bungalows and cottages dotting the rolling dunes from the ocean to the Intracoastal. There, the beloved Wilbur Boat House has been restored and now serves as a beautiful waterfront reception hall. The town of Ponce Inlet lies about 100 feet south of the home, which offers wonderful parks, waterfront restaurants, and marinas to explore. The hard packed sand here, once famous for auto racing is ideal for riding a beach cruiser for miles. While driving on the beach is still permitted in some local areas it is not permitted on this section ensuring the only traffic will be shorebirds, turtles and beachgoers.
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William Raveis Mortgage, LLC
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Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $1,352,000 | $1,352,000 | $1,352,000 |
| 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 | 6.350% | 6.361% | 6.223% |
| Monthly Tax Payment | $1,237 | $1,237 | $1,237 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $8,106 | $8,325 | $11,409 |
| Total Monthly Payment | $9,468 | $9,687 | $12,771 |
* 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.