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Situated on a spectacular . 75-acre premium waterfront homesite within the gated Preserve at Bay Hill Estates in Palm Beach Gardens, this GL Homes-built Magnolia model offers an exceptional combination of scale, privacy, and timeless design. With a dramatic 145-foot driveway, courtyard-style entry, and expansive open floor plan, this residence delivers an elegant yet comfortable lifestyle in one of Palm Beach Gardens' most sought-after estate communities. Offering 3 bedrooms, 3. 5 baths, a spacious club room, and a full three-car garage, the home is enhanced by upgraded tile flooring throughout and thoughtfully designed living spaces filled with natural light. The oversized kitchen is ideal for both everyday living and entertaining, featuring extended upgraded cabinetry, enhanced kitchen lighting, granite countertops and backsplash, and a double oven configuration designed for functionality and ease. The spacious primary suite offers tranquil lake views and a luxurious bath with dual marble-topped vanities, Roman tub, and an oversized walk-in closet. The large club room, accessed through elegant French doors from the courtyard, provides flexible living space ideal for a media room, office, fitness studio, or guest retreat. Recent improvements add additional value and peace of mind, including a new main A/C system (2026), new Frigidaire side-by-side refrigerator/freezer (2024), new garbage disposal, updated toilet mechanisms, new smoke detectors with 10-year batteries, and a new sprinkler system. Set behind 24-hour gated security, Preserve at Bay Hill Estates is known for its oversized estate lots, peaceful setting, and convenient location near world-class golf, shopping, dining, beaches, and all that Palm Beach Gardens has to offer.
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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 | $1,276,000 | $1,276,000 | $1,276,000 |
| 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 | $52 | $52 | $52 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $7,650 | $7,857 | $10,768 |
| Total Monthly Payment | $7,827 | $8,034 | $10,945 |
* 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.