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Welcome to this beautifully updated pool home located within the highly sought-after gated community of Bear Island. Offering over 2, 100 square feet of living space, this single-story residence combines timeless architecture with Palm Beach-inspired design. Vaulted ceilings, abundant natural light, impact glass throughout, and a desirable split-bedroom floor plan create a comfortable yet sophisticated living experience. The home features designer bathrooms, custom accent walls, French doors, and thoughtfully curated finishes throughout. Outside, your private tropical retreat awaits with a sparkling pool, expansive patio, covered lanai, and lush landscaping, creating the perfect setting for entertaining or relaxing year-round. Bear Island is one of West Palm Beach's most unique and desirable gated communities, known for its mature tree-lined streets, beautifully maintained homes, and peaceful atmosphere. Nestled alongside the renowned Bear Lakes Country Club, the community offers scenic golf course surroundings and a resort-like ambiance. For those who enjoy the country club lifestyle, golf memberships are available at Bear Lakes Country Club; however, membership is entirely optional, allowing residents to enjoy the beauty and benefits of the setting without any mandatory club obligations. Just outside the gates, residents also enjoy membership in the Villages of Palm Beach Lakes POA, which offers an impressive array of amenities including multiple swimming pools, pickleball and tennis courts, racquetball, volleyball, playgrounds, parks, picnic areas, recreational facilities, and walking and jogging trails. Together, Bear Island and the Villages POA provide an exceptional blend of privacy, recreation, and lifestyle. Ideally located in the heart of West Palm Beach, Bear Island offers quick access to everything Palm Beach County has to offer. Just minutes from I-95, residents enjoy easy access to Palm Beach International Airport, downtown West Palm Beach, CityPlace, the emerging NORA District, Palm Beach Island, world-class dining, shopping, entertainment, and pristine beaches. Nearby hospitals, schools, golf courses, and cultural attractions make this location as convenient as it is desirable. Whether you're seeking a primary residence or a seasonal retreat, this exceptional home offers the perfect blend of luxury, lifestyle, and location.
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RVP, Mortgage Banker
William Raveis Mortgage, LLC
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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 | $703,200 | $703,200 | $703,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.750% | 6.000% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.251% | 6.086% | 6.183% |
| Monthly Tax Payment | $605 | $605 | $605 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $4,104 | $4,216 | $5,934 |
| Total Monthly Payment | $4,801 | $4,913 | $6,631 |
* 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.