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Under contract-accepting backup offers. Historic District Lakefront Gem in Lake Helen. Step back in time with this designated historic district home built in 1914, beautifully situated on nearly one acre of pristine lakefront property on Lake Helen. Once occupied by the author of “Lake Helen, The Gem of Florida, ” this residence blends timeless character with thoughtful modern updates. This beautiful lake front property could be used as a Bed & Breakfast, AIRBNB, or your students housing while attending Stetson University. Inside, you’ll find 4 spacious bedrooms and 2. 5 bathrooms, featuring restored heart pine floors (2016) and oversized wavy glass windows that flood the home with natural light. Sixteen new windows (2023), two new HVAC units Air Handlers and Condensers (2024), and a brand-new roof (2024) provide peace of mind for years to come. Enjoy the charm of the wrap-around porch, with the lake side screened in for serene lakefront views—perfect for morning coffee or evening relaxation. Launch your canoe, paddleboard, or small sailboat right from your backyard and take in the beauty of this peaceful setting. With its unique history, character, and location, this home is truly a rare find—just 23 miles to Daytona Beach, 35 miles to Orlando, and only 7. 3 miles to Stetson University in Deland. Other improvements since current ownership: Driveway installed, laundry room moved inside, updates to kitchen including quartz countertops & primary bathroom, new stove, dishwasher, washer & dryer, fresh paint inside & out, sealed shed to add air conditioning, new closet doors, concrete added to basement housing new water heater and HVAC air handlers, new landscaping, SEPTIC TANK DRAIN FIELD HAS BEEN REPLACED. Don't miss this fabulous property.
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$499,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $399,200 | $399,200 | $399,200 |
| 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 | $669 | $669 | $669 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $2,391 | $2,490 | $3,288 |
| Total Monthly Payment | $3,135 | $3,234 | $4,032 |
* 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.