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Paradise awaits!! Don't miss the opportunity to own this one of a kind hi and dry 1. 86 acre property , tucked away on a private gated dead end street with only 5 other homes and deeded private 5 acre park with boat ramp access to Lake Monroe and St. John's River! Located in the gorgeous community of Stone Island, this property has a main residence and guest residence perfect for extended family and guests! The main house is a 3 bed 2 bath log cabin with 30' ceilings and huge master upstairs! Timeless brick and wood floors throughout. Large open kitchen for family gatherings and entertaining. Recent upgrades by current owner include new plumbing, custom bathroom with beautiful hand carved rock work facade , new vanity, new flat roof on porches, new coating on metal roof, paint interior/exterior, tankless hot water heater and much more! On the rest of the property you will find beautiful century old manicured oak trees and bamboo! There is a 2000 sq ft custom metal building with a custom bar/saloon and bathroom to entertain guests! Building has completely insulated walls and ceilings with custom hand burnt siding which took hundreds of hours to complete! Building can also accommodate multiple vehicles or boats for storage. This is truly a man cave on another level! There is also an adjacent pole barn/work shop with an added bathroom. All of this leads down a private milled pathway to a deeded 5 acre park and boat ramp leading to lake Monroe and St. Johns River! Make an appointment to see this one of a kind property today!
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Our Executive Mortgage Banker:
Our Insurance Division:
$874,900
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 | $699,920 | $699,920 | $699,920 |
| 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 | 6.263% | 6.121% | 6.203% |
| Monthly Tax Payment | $754 | $754 | $754 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $4,085 | $4,196 | $5,906 |
| Total Monthly Payment | $4,931 | $5,042 | $6,752 |
* 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.