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Welcome to this beautifully updated 3-bedroom, 2-bath lakefront home, on rare corner lot, nestled within the quiet, gated community of Hammock Reserve. The open concept living/great room showcases custom built-ins and flows seamlessly into the dining and kitchen areas, creating an ideal space for both everyday living and entertaining. The beautifully renovated kitchen is a dream, boasting sleek white cabinetry, a large pantry, GE Profile stainless appliances, Kohler fixtures, quartz countertops with waterfall edge and coordinating backsplash. The home features neutral tile throughout the living areas, complemented by wood flooring in all the bedrooms. A desirable split-bedroom floor plan offers maximum privacy. The spacious primary suite is a true retreat, featuring a luxurious modern ensuite bathroom, plenty of closet space and access to the patio. Additional highlights include a brand-new tile roof (with 7-year warranty), new gutters, fresh interior and exterior paint, a new tankless hot water heater, central vacuum system, Tesla charging outlet, epoxy garage floor, new landscaping with rock beds, and a large laundry room complete with cabinetry and a utility sink. Enjoy relaxing lake views from your private, fenced backyard with large metal gazebo - perfect for entertaining or unwinding outdoors. The front entry door is impact-rated, and the remainder of the home is equipped with hurricane impact panels for storm protection. The community pool is conveniently located just across the street, making it easy to enjoy Florida living year-round. Hammock Reserve is a quiet, well-maintained gated community of just 273 homes featuring a community pool, playground, and scenic jogging path. The location is unbeatable—walking distance to schools and shopping, and just minutes from Downtown Delray Beach, renowned dining, entertainment, and pristine beaches. Don't miss this opportunity to own an updated lakefront home in one of Delray Beach's most sought-after gated communities!
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Our Executive Mortgage Banker:
Our Insurance Division:
$785,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $628,000 | $628,000 | $628,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.375% | 6.625% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.524% | 6.776% | 6.078% |
| Monthly Tax Payment | $417 | $417 | $417 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,918 | $4,021 | $5,257 |
| Total Monthly Payment | $4,427 | $4,530 | $5,766 |
* 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.