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Experience refined Florida living in The Preserve of Bay Hill Estates. This exceptional 5-bedroom, 6. 5-bath estate sits on an expansive pie-shaped corner lot with beautiful lake views. Designed for both everyday comfort and effortless entertaining, this home offers spacious living areas, abundant natural light, and a thoughtfully designed floor plan. The luxurious primary suite provides a private retreat with a relaxation area, private balcony, spacious en-suite & custom walk-in closet. Step outside to your own backyard oasis featuring a resort-style heated & salt chlorinated pool and spa, enjoy 2 relaxing sun shelves, multiple water fountains & ambient pool lighting. The generous open and covered patio space with electronic screens, and tranquil lake views are perfect for entertaining. Inside you will appreciate the soaring 22 foot ceilings and windows as you enter through the front double door entry. In the west wing on the main level, you will find an optional in-law suite. These rooms are currently used as a gym featuring a built-in refreshment center and access to the pool area along with a separate large room currently used as a bedroom. On the East Wing main level you will find a spacious bedroom with ensuite, an additional guest half-bath, the formal dining room, spacious eat-in kitchen, large family room, a full pool bath, the laundry center with ample counter tops and cabinet storage and a 3-car garage. On the second level you will be impressed by the large loft area, perfect for game or movie night! You will also find the Primary bedroom with ensuite. There are 2 additional bedrooms on this level along with 2 additional bathrooms plus a multi-purpose room that can be used as a playroom, library or office; it is currently used as a 6th bedroom. This home has many special features including hurricane windows throughout and beautiful custom window treatments consisting of decorative shutters and elegant drapery. Outside you will find a decorative circular drive, mature landscaping and a large back yard with lush Coconut Palms and Mango trees with plenty of green space overlooking the tranquil lake. The back yard is completely fenced. The extra large pool is a rare find (50' x 16') and the patio has several designated areas for entertaining including a lounging area with outdoor tv and dining area that are protected with motorized retractable screens. The impressive curb appeal completes this remarkable property. Offering the perfect blend of sophistication, comfort, and indoor-outdoor living, this exceptional residence is offered furnished (optional) and ready to welcome you home. Located in a PGA golf course community with optional, non mandatory PGA National memberships available.
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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 | $1,676,000 | $1,676,000 | $1,676,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.000% | 6.250% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.338% | 6.361% | 6.183% |
| Monthly Tax Payment | $2,041 | $2,041 | $2,041 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $10,048 | $10,319 | $14,143 |
| Total Monthly Payment | $12,214 | $12,485 | $16,309 |
* 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.