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Welcome to 5492 Penway Drive, an exceptional Baldwin Park residence where timeless design meets an extraordinary outdoor setting. Perfectly positioned on a premium lot, this sought-after David Weekley Emlay floor plan was thoughtfully situated to maximize green space, resulting in one of the area's most impressive and private backyard retreats. The newly reimagined landscape design enhances the home's curb appeal and creates a lush tropical oasis, complete with fresh sod, mature and newly planted trees, and vibrant foliage that provides both beauty and a sense of serenity rarely found in this community. Inside, refined architectural details and quality craftsmanship shine throughout. Plantation shutters, crown molding, rich hardwood flooring, and custom 8-foot solid wood doors elevate the home's sophisticated yet welcoming atmosphere. The open-concept layout is ideal for everyday living and effortless entertaining, while the chef-inspired kitchen features granite countertops, white shaker-style cabinetry, stainless steel appliances, and generous prep and gathering spaces at the heart of the home. Designed to embrace Florida living, the home offers dual balconies overlooking the tranquil community pond—one on each level—creating inviting spaces to enjoy peaceful mornings, sunset views, or simply unwind while taking in the picturesque surroundings. The expansive outdoor areas extend the living space even further, offering endless possibilities for entertaining, gardening, recreation, or future enhancements. Set within the highly desirable Baldwin Park community, residents enjoy access to scenic lakes, parks, walking and biking trails, community amenities, highly regarded schools, and the vibrant Village Center with its popular restaurants, boutiques, and neighborhood events. Just minutes from downtown Orlando, this remarkable property presents a rare opportunity to enjoy an elevated lifestyle in one of Central Florida's most coveted neighborhoods.
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Our Executive Mortgage Banker:
Our Insurance Division:
$905,000
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 | $724,000 | $724,000 | $724,000 |
| 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% | 6.121% | 6.183% |
| Monthly Tax Payment | $1,089 | $1,089 | $1,089 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $4,225 | $4,341 | $6,110 |
| Total Monthly Payment | $5,406 | $5,522 | $7,291 |
* 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.