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LAKEFRONT - DELAND - Lake Byron is calling! Picture yourself waking up every morning to private lake views stretching across the water—and then picture doing it from five bedrooms in a home you built exactly the way you imagine it. This solid masonry block home in Magnolia Shores sits on over 100 feet of private lake frontage on one of DeLand's most coveted bodies of water. At 2, 752 square feet on a single level, there is room to design every corner. Original hardwood floors are throughout the house with some carpeted rooms. With lake views from virtually every room in the house, the canvas could not be more compelling. Three full bathrooms mean guests won't ever have to wait their turn. The screened in brick porch alone is worth the visit—288 square feet of waterfront entertaining space just waiting to be brought back to life. The backyard is peaceful and ready for those summer parties ahead. The roof was replaced in 2014, the HVAC in 2017, and a new water softener was installed in 2024. It includes a private well, two septic systems, and a wood-burning fireplace. The home is inviting and takes you back in time. Sold strictly as-is. Cash or conventional financing only. Schedule your showing and start dreaming. **MLS Info is intended to be correct but is not guaranteed and all information must be verified by buyers. **
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Our Executive Mortgage Banker:
Our Insurance Division:
$398,500
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 | $318,800 | $318,800 | $318,800 |
| 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 | $267 | $267 | $267 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,909 | $1,989 | $2,626 |
| Total Monthly Payment | $2,251 | $2,331 | $2,968 |
* 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.