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*Lender partner offering credit toward closing costs or rate buydown incentive. Please contact listing agent for more information. * Welcome to this exceptional custom-built residence situated on over one acre in Lake Wales, offering a thoughtful blend of craftsmanship, functionality, and space. Designed with attention to detail, this home features high-end finishes throughout, including porcelain tile flooring, tray and vaulted ceilings, abundant natural light, and a durable metal roof. The open concept kitchen welcome you into the home with stainless steel gas appliances including stove and dual ovens. The spacious split-bedroom floor plan provides privacy and flexibility, with the primary suite occupying its own private wing of the home. A Jack-and-Jill bathroom connects two of the guest bedrooms, creating a practical layout for a variety of living arrangements. The well-appointed kitchen is equipped with gas appliances, including dual ovens, and opens seamlessly to the home’s generous living and dining spaces. Ideal for entertaining, the property offers both formal and casual dining areas along with ample indoor gathering space. Outside, the backyard has already been plumbed for a future outdoor kitchen, allowing you an opportunity to expand your outdoor living experience and further enjoy the large yard space. An outdoor shower is also in place and offers potential for completion as part of a custom spa or sauna retreat. Positioned on a desirable corner lot, this property combines privacy and accessibility while providing room to enjoy the outdoors. Optional HOA membership is available for approximately $150 annually and includes access to the community lake amenities. Opportunities to own a recently built custom home on acreage with this level of finish and functionality are limited. Schedule your private showing today and experience everything this Lake Wales property has to offer.
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Our Executive Mortgage Banker:
Our Insurance Division:
$650,000
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 | $520,000 | $520,000 | $520,000 |
| 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% | 6.512% | 5.866% |
| Monthly Tax Payment | $55 | $55 | $55 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,114 | $3,244 | $4,283 |
| Total Monthly Payment | $3,261 | $3,391 | $4,430 |
* 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.