|
Seller is offering this home before cosmetic renovations begin on 6/1/2026. The home will be removed from market and will be relisted at a later date.
Welcome to one of Ortega Forest's most special opportunities.
Nestled on a beautifully private, park-like 0. 65-acre lot, this 2, 928 sf home delivers the kind of space, serenity, and flexibility that's nearly impossible to find in Jacksonville today. Price includes completed foundation work and a sewer connection conversion from the existing septic system. This property is priced well below its full potential.
With comparable renovated homes in Ortega Forest supporting values at $250 per square foot for the main living space, and the 748 sf detached ADU adding further value at $125 per square foot, a fully renovated finished property would support a value well above $800, 000. This is the rare opportunity where the numbers make sense before cosmetic renovations even begin. Built in 1954 and full of timeless character, the interior features gorgeous red oak hardwood floors throughout much of the home, custom cabinetry in the kitchen, and a spacious Florida room that opens to breathtaking private backyard views. Three guest bedrooms share a classic hall bath, while the owner's suite offers a renovated bathroom and a generous walk-in closet. Towering trees, a lush park-like setting, and room for a future pool round out a property with as much outdoor appeal as indoor potential.
Then there's the bonus that sets this property truly apart: a 748 square foot detached building at the rear of the lot, already equipped with electricity and water. Add a bathroom and it becomes a private apartment, home office, art studio, workout facility, or income-producing rental suite -- a rare added dimension that most properties in this price range simply can't offer.
Ortega Forest is known for its tree-lined streets, peaceful atmosphere, and strong sense of community, and this property sits right in the heart of it all. John Stockton Elementary is steps away, downtown Jacksonville is 10 minutes out, and the restaurants and shops of Avondale and Riverside are right around the corner.
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:
$494,900
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $395,920 | $395,920 | $395,920 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.990% | 6.375% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.370% | 6.524% | 5.866% |
| Monthly Tax Payment | $536 | $536 | $536 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $2,371 | $2,470 | $3,261 |
| Total Monthly Payment | $2,982 | $3,081 | $3,872 |
* 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.