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Escape the HOA’s and CDD’s! Nestled on over an acre in a peaceful Wesley Chapel neighborhood, this unique property offers endless potential for multigenerational living, rental income, or a private homestead retreat. the property features 2, 835 square feet of living space with two homes one built in 1995 1, 620 sq feet and one built in 2000 with 1215 sq feet. The most expensive repairs have been made. Both homes got new roofs in 2021, New A/C units on both homes in 2019, the front home has newer windows 2021 & large door replaced. The land has flexible-use opportunities. Zoned Agricultural, Homes are located in Flood Zone X other zones are front and back of property.
Surrounded by mature trees and open space, the home provides a rare blend of privacy and rural charm while remaining conveniently close to shopping, dining, schools, and major roadways. The Agricultural Residential zoning allows for a spacious lifestyle with room for recreational vehicles, workshops, gardening, pets, livestock, or hobby farming. A lot of the neighbors have farm animals. Zoning allows mobile home or single family homes. Only deed restriction known of is no more than 2 homes allowed per acre of land.
The property’s expansive grounds and low-density neighborhood create a serene setting ideal for those seeking country living with modern accessibility. Whether you envision updating the existing residence, creating an income-producing property, or enjoying the freedom of wide-open space, this Wesley Chapel gem presents a unique opportunity in one of Pasco County’s rapidly growing areas. You can walk to Wesley Chapel School Complex or the Wesley Chapel Community park on Boyette. Close to Epperson Lagoon and easy access to I-75.
Main home features A wonderful 4 bedroom, 2 bath open layout, Fenced back yard, paved driveway, A beautiful gazebo that is in like new condition, And a 10X 12 Shed that is in new condition inside the fenced part of the yard. All Bedrooms are nice sized with walk in closets.
2nd home has 3 bedrooms, 2 baths, All bedrooms have walk in closets, indoor utility room, Fireplace and large storage building. It is the home that needs more work.
Taxes are higher on this property then neighboring homes due to PACE loans.
The insides of the homes will need extensive remodeling for that reason we are looking for Cash offers only!! If you are super handy these may be the homes for you. Schedule your private showing today before they are gone! Both homes have virtual walkthroughs attached in MLS
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $240,000 | $240,000 | $240,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.990% | 6.490% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.370% | 6.603% | 5.952% |
| Monthly Tax Payment | $414 | $414 | $414 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,437 | $1,515 | $1,993 |
| Total Monthly Payment | $1,926 | $2,004 | $2,482 |
* 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.