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Under contract-accepting backup offers. Arthur Rutenberg-designed custom residence nestled on an extraordinarily private homesite in guard-gated Magnolia Plantation. No neighbors on 2 sides make for a tranquil setting at this exceptional one-level 4 bedroom, 3 bath property. Showcasing an expansive outdoor living experience, highlighted by a 664-square-foot wraparound lanai complete with a built-in summer kitchen, entertaining friends and family is a breeze. Seamless indoor-outdoor living is achieved with two walls of sliding glass doors that fully retract at a 90-degree angle, opening the home to the inviting lanai. The custom-designed pool is perfect for both lap swimming and leisure, featuring an extended length and a beach-style entry ideal for relaxing and sunbathing. The spacious owner’s suite is a private retreat, boasting a 12-foot tray ceiling, walk-in closet, surround sound wiring, and direct access to the lanai and pool. An adjoining exercise room or home office is conveniently located off the luxurious bath area. At the heart of the home lies a beautifully appointed custom kitchen, complete with rich cabinetry, a center island, granite countertops, updated stainless steel appliances, and a generous walk-in pantry. Additional highlights include a living room fireplace, elegant etched glass entry doors, and architectural details such as varied ceiling heights, columns, and arched passageways. Impeccably maintained and presented, this home reflects pride of ownership throughout with recent updates including replaced HVAC(2022/2023), water heaters(both 2023), water softener(2023), and much more. Adjacent to the natural beauty of the Wekiva Forest, Magnolia Plantation offers a serene, private setting far removed from the pace of city life. Residents enjoy a host of amenities, including tennis courts, two parks with covered pavilions, a sports field, and frequent community events that bring neighbors together. Known for its generous homesites and wide, tree-lined streets, this community provides a sense of space and tranquility while remaining conveniently close to shopping, dining, top-rated schools, and more—without the congestion of the I-4 corridor. This property may be under audio/visual surveillance.
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Our Executive Mortgage Banker:
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$1,019,000
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
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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 | $815,200 | $815,200 | $815,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.125% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.132% | 6.259% | 6.183% |
| Monthly Tax Payment | $645 | $645 | $645 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $4,822 | $4,953 | $6,879 |
| Total Monthly Payment | $5,592 | $5,723 | $7,649 |
* 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.