122 MACON Road, Palatka, FL, 32177 | $1,600,000

Coming Soon listing, no showings. Truly magnificent multi dwelling property located in Palatka ''Raven'sRetreat'' is nestled next to the St. John's River at Brown's Landing for quick access to boating & water-sports and on a dead-end street with minimum traffic. A beautiful split rail custom built white wood fence was installed across the front of the property with 2 decorative gates featuring the tree of life are operated by remote electric Ghost openers. There is also white privacy fencing from the front to the back of the house as well as around the pool area. This truly 1-of-a kind estate consists of 4 separate dwellings, screened lanais, paver brick sidewalks, palm tree lined driveway, heated salt swimming pool with spa & luminars built by the reputable Batts Pool Company of Jacksonville. The property features 2 artesian wells w/ water treatment, including water softeners. Tankless gas water heaters, 3 engineered septic systems, 3 Generac 250-amp generators, 3 buried 250-gallon propane tanks. See Supplement! The main house is newly constructed by a great local custom builder, Ideal Homes. It includes 3 bedrooms 3 baths and was built with insulated cement blocks covered by full bricks and lots of insulation. Immaculate upgrades throughout including crown molding and 7 "base boards even in the garage! All on one level, high ceiling, loads of natural light, gorgeous oversize wood-look tile throughout. Plantation shutters, quartz countertops and stainless appliances. The extra-large garage features 4 custom built storage/closet/pantry that allows for extra storage, the floor has been finished with Shark Coating flooring. The North dwelling at 120 Macon Rd is a 2-bedroom 2 bath mobile home recently remodeled, excluding the kitchen, but it is very clean and well organized. Upgrades include a new roof, siding, windows, flooring, bathrooms, AC with new duck work, painted inside and out as well as a 2-car insulated garage. There is a studio/office that can be used as an efficiency, pool house or grounds keeper home equipped with full bath, bedroom, kitchen, living area and a screened lanai with fans and lighting with a paver brick sidewalk to the lanai/pool area. Last but not least is a 2-bedroom 1 bath home, kitchen with wood-look tile throughout. The screen lanai is great to watch the wild turkeys and deers walking around at night. The lanai's floor is also finish with Shark Coating flooring. There is a lighted carport & separate laundry room. The home has a separate driveway entrance and has been occupied by a very nice, quiet and great single tenant for over 2 years and she would love to stay in her quiet retreat for as long as she can with family living nearby. The owners have meticulously maintained this property, no expenses were spared throughout. . Plenty of green grass, crêpe myrtles, bottle brush, bamboo, split leaf philodendron adorn the grounds. A family could literally live off the grid. There are two large RV garage bays including RVhookups to septic, 50-amp power and water inside and outside the garages. There is 1 separate workshop & a 250-gallon air compressor for air tools. All garages and lanais are insulated. You really need to see this unique property to appreciate everything it has to offer!!!

Features

  • Amenities: Fishing
  • Bedrooms: 3
  • Baths: 3 full
  • Laundry: Electric Dryer Hookup, In Unit, Sink, Washer Hookup
  • Style: Cottage, Multi Generational, Ranch, Traditional, Villa
  • Year Built: 2022
  • Garage: 6-car
  • Heating: Central, Electric, Heat Pump, Hot Water
  • Cooling: Central Air, Multi Units
  • Approx Sq. Feet: 2,033
  • Acreage: 5.01
  • Est. Taxes: $15,849
  • Lot Desc: Agricultural, Cleared, Dead End Street, Farm, Few Trees, Sprinklers In Front, Sprinklers In Rear
  • View: Pool, Trees/Woods, Other
  • Elem. School: Moseley
  • Middle School: Miller Intermediate
  • High School: Palatka
  • Pool: In Ground, Fenced, Gas Heat, Heated, Pool Sweep, Salt Water, Screen Enclosure, Waterfall
  • Appliances: Other, Dishwasher, Disposal, Dryer, Electric Oven, Gas Cooktop, Gas Oven, Gas Water Heater, Ice Maker, Instant Hot Water, Microwave, Plumbed For Ice Maker, Refrigerator, Tankless Water Heater, Washer, Washer/Dryer Stacked, Water Softener Owned, Wine Cooler
  • MLS#: 2153530
  • Website: https://www.raveis.com
    /eprop/2153530/122maconroad_palatka_fl?source=qrflyer
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Listing courtesy of COLDWELL BANKER VANGUARD REALTY

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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122 MACON Road, Palatka, FL, 32177

$1,600,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $1,280,000 $1,280,000 $1,280,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.875% 6.125% 6.000%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.277% 6.223% 6.183%
Monthly Tax Payment $1,321 $1,321 $1,321
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $7,572 $7,777 $10,801
Total Monthly Payment $9,018 $9,223 $12,247

* 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.