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Welcome to 101 Hickory Hill Drive an elegant Mediterranean estate home, nestled on a premier one acre plus lot in the highly coveted North River section within the prestigious golf community of Palencia. This custom built home, which has been substantially upgraded & updated by the current owners, seamlessly blends European architectural elegance with modern luxury. Encompassed by pristine natural surroundings and scenic lake views, this residence offers an unparalleled sanctuary designed for both grand scale entertaining and sophisticated daily living. The sweeping circular driveway leads guests to an impressive Porte-Cochere, and a 3-car attached garage. Spanning 4865 sq ft & concrete block construction the meticulously planned living space features 4 bedrooms and 4. 5 baths and a generously sized office. The heart of the home revolves around a massive sun-filled open concept great room designed to capture views of the pool deck through sweeping glass windows. The adjoining gourmet kitchen is thoughtfully detailed with custom cabinetry, granite countertops, a large food prep and breakfast area, high-end stainless- steel appliances including two ovens, a gas cooktop and sub- zero refrigerator. The sprawling primary wing, with direct access to the lanai and pool, features a large sitting area, 2 large walk-in closets, a spa-like en-suite bath complete with a deep soaking tub and separate walk-in shower. The secondary bedrooms are equally impressive, offering substantial closet space and access to beautifully appointed bathrooms. The beautifully crafted wrought iron staircase takes you to a generous bonus room with a large balcony and unobstructed views of the backyard and lake beyond. The Palencia lifestyle allows owners to enjoy extensive walking trails though acres of preserve, a state-of-the-art fitness center, 10 lighted clay tennis courts and 6 pickle ball courts, and 3 swimming pools. The scenic boardwalk, which is in close proximity to this home, takes you through moss draped Oaks out to the Intracoastal waterway. The Palencia grounds also include an Arthur Hills designed golf course, and a club house available by private membership. Don't allow yourself to miss this one.
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,075,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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| Loan Amount | $1,660,000 | $1,660,000 | $1,660,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.000% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.300% | 6.110% | 6.097% |
| Monthly Tax Payment | $1,486 | $1,486 | $1,486 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $9,820 | $9,953 | $13,896 |
| Total Monthly Payment | $11,431 | $11,564 | $15,507 |
* 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.