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BIG LAKE VIEWS in Lakewood Ranch ideal for Primary or Florida Second home! Live the Dream in this magnificent Magnolia Plan on at 5429 Mystic Water Cove, a luxury Villa with magical lake views on a large water-front lot in Lorraine Lakes, Lakewood Ranch. Discover the perfect blend of elegance and comfort in this beautifully designed 3-bedroom, 2-bathroom villa, located in the highly sought-after Lorraine Lakes community of Lakewood Ranch. Offering breathtaking long lake views, this home is a true retreat. The spacious primary suite features an ensuite bath with a stylish tile shower, creating a private sanctuary with stunning waterfront scenery. The secondary bedroom is generously sized, while the third bedroom offers flexibility as a home office, guest room, or additional living space. The modern kitchen is a chef’s dream, boasting granite countertops, a gas stove, and sleek stainless-steel appliances, complemented by the convenience of a tankless water heater. The open-concept layout seamlessly connects the kitchen, dining, and living areas, making it perfect for entertaining. Step outside to your extended paver-screened lanai, where you can unwind and take in the peaceful lake views, enhanced by a built-in privacy wall. Additional highlights include a 2-car garage, inside laundry room, and a charming brick paver driveway. As a resident, enjoy resort-style amenities, including two swimming pools, a kiddie pool, a clubhouse, and courts for volleyball, bocce ball, tennis, basketball, and pickleball. This villa is the perfect blend of luxury, convenience, and vibrant community living. Don’t miss this incredible opportunity—schedule your private showing today! Some photos have been virtually staged.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
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To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$415,999
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 | $332,799 | $332,799 | $332,799 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.125% | 6.490% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.424% | 6.640% | 5.972% |
| Monthly Tax Payment | $495 | $495 | $495 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $2,022 | $2,101 | $2,764 |
| Total Monthly Payment | $2,592 | $2,671 | $3,334 |
* 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.