|
3-Acre Private Oasis with In-Law Suite & New 2025 Roof – No HOA!
Rare find in Rainbow Lakes Estates! Situated on an expansive 3-acre lot, this unique property offers the ultimate combination of privacy, space, and multi-generational flexibility. Best of all, enjoy the benefits of a deed-restricted community with no HOA fees or restrictions. Bring your toys and your vision—this property is a blank canvas ready to become your ultimate dream estate.
The main residence is filled with character, featuring beautiful natural woodwork and an abundance of windows that flood the home with natural light. Upon entering, you are greeted by a functional entryway with a full wall of floor-to-ceiling cabinets. To the right, a cozy family room boasts a stunning, full-wall stone fireplace, seamlessly connected to the generously sized kitchen via a convenient breakfast bar. The kitchen is a delight, offering endless cupboard and counter space, along with a bright breakfast nook overlooking the sprawling backyard.
Just past the family room, the home opens up into a dramatic, vaulted formal living area. French doors lead out to a spacious, screened lanai—perfect for enjoying peaceful Florida evenings.
Flexible Living & In-Law Suite:
The bedroom wing features two spacious guest rooms sharing a completely remodeled guest bath, alongside a primary suite with its own newly updated ensuite bathroom. Skylights and solar tubes keep the hallways bright and airy. Off the kitchen, a massive bonus room awaits your touch—perfect for a game room, formal dining, den, or home office.
The crown jewel of this floor plan is the attached in-law apartment with private entrance. Complete with its own kitchen, living area, and a separate bedroom with a half bath (and immediate access to a full bath that can be closed off for total privacy), this space is perfect for multi-generational living, guests, or a private studio.
Garages & Mechanicals:
The oversized, deep garage with 3 stalls is a hobbyist's dream, featuring a wall of storage cabinets and plenty of room for vehicles and outdoor toys. Utility options abound with a dedicated laundry setup in the garage.
Peace of Mind & Updates:
• Roof: Brand New (Replaced in 2025) – Huge insurance savings!
• A/C: Main unit installed in 2018
• Water Heater: Newer unit installed
With a little bit of TLC and your personal design choices, this incredibly versatile property will easily become a true neighborhood showplace. Don't miss out on 3 acres of pure Florida freedom—schedule your private tour today!
Key Features Cheat Sheet for Showings:
• Acreage: 3 private, wooded acres in Rainbow Lakes Estates
• Layout: 3 BR / 3 and ½ BA Main House + Fully Equipped In-Law Suite
• Bathrooms: All 3 main house bathrooms have been beautifully remodeled
• Outdoor Living: Large screened lanai overlooking a massive, private backyard
• Storage: Floor-to-ceiling built-ins at entry, bonus room, and extensive garage cabinetry
• Location: Minutes from the pristine waters of Rainbow Springs State Park, offering world-class kayaking, swimming, and hiking.
All dimensions are approximate, See floor plan. Interested parties should verify measurements and information.
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.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$450,000
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
|
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $360,000 | $360,000 | $360,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.990% | 6.490% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.370% | 6.640% | 5.952% |
| Monthly Tax Payment | $260 | $260 | $260 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $2,156 | $2,273 | $2,989 |
| Total Monthly Payment | $2,491 | $2,608 | $3,324 |
* 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.