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Extremely Rare Opportunity. There are only 29 waterfront homesites in existence along Lake Disston Drive, and just a handful remain undeveloped. This nearly 2-acre homesite has approximately 100 feet of shoreline on pristine Lake Disston, with a desirable point-lot setting that provides exceptional water views and added privacy.
The 1, 844-acre lake is not only one of the largest lakes in this part of Florida but is so pristine that the Florida Department of Environmental Protection designated it an “Outstanding Florida Waterway” due to its remarkable water quality and the abundance of old-growth cypress forest stretching more than six miles around the lake. A fabulous ski lake with very little boat traffic, Lake Disston also has outstanding fishing with healthy populations of largemouth bass, shellcracker, and crappie. It also supports nesting Ospreys, Bald Eagles, and Sandhill Cranes, along with a major rookery along the northern shore that teems with hundreds of wood storks, ibises, and egrets. Public boat ramp access is located less than a minute down the road, making it easy to enjoy. The property features paved road frontage for convenient year-round access, and the sellers have a recent boundary survey available for review, helping simplify the building process.
This peaceful Old Florida setting is tucked into the far southwest corner of Flagler County, just 30 minutes from Palm Coast and Ormond Beach and less than 20 minutes from Bunnell. Opportunities to own one of the few remaining waterfront homesites on Lake Disston are becoming increasingly rare. This may truly be a once-in-a-lifetime opportunity to build your dream lakefront estate.
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Our Executive Mortgage Banker:
Our Insurance Division:
$249,000
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 | $199,200 | $199,200 | $199,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.990% | 6.490% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.370% | 6.615% | 5.866% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,193 | $1,258 | $1,641 |
| Total Monthly Payment | $1,268 | $1,333 | $1,716 |
* 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.