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One of the very few unimproved waterfront point home sites remaining in The Old Edwards Reserve offering panoramic vistas. With over 450 feet of stabilized shoreline, this 1. 18-acre property offers expansive long-range lake views to the south with lake and mountain views to the north. Enjoy a full day of lakefront recreation and sunsets from your custom copper-roofed slip dock/sundeck, designed for both relaxation and adventure. Whether you're soaking in the tranquility of the water or diving into fun-filled activities, this property delivers an unparalleled waterfront experience. Creativity abounds with home design, as the property contour offers many options for building elevations and site lines. Custom Architectural Plans are available - The seller commissioned award-winning architect Scott Crichton, AIA, of Architecture 224, to design an exceptional custom home that maximizes the lot’s accessibility and views. These meticulously crafted plans have already received Architectural Review Committee (ARC) approval, streamlining the build process. The seller is willing to negotiate the inclusion of these plans or bring your own vision to life. Experience the finest in luxury lakefront living with exclusive access to these world class amenities: Jack Nicklaus Signature Golf Course & Practice Facility (Par-3 capabilities, 18-hole putting course, Range Bar & Caddy Corner BBQ), Full-Service Marina for boating & water sports, fully equipped Wellness Center, Tennis & Pickleball Courts, Resort-Style Pool & Cantina, Family Parks & Scenic Hiking Trails, Fine & Casual Dining at The Orchard House & Market Restaurant, Settlement Side Pool & The Village area. This is more than just a home site—it’s an opportunity to build your dream home in one of the most sought-after lakefront communities in the Southeast. Schedule a private tour today and start envisioning your lakefront masterpiece! $100, 000 Membership Fee due at closing.
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Our Executive Mortgage Banker:
$1,939,000
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 | $1,551,200 | $1,551,200 | $1,551,200 |
| 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% | 6.361% | 6.183% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $9,300 | $9,551 | $13,090 |
| Total Monthly Payment | $9,425 | $9,676 | $13,215 |
* 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.