Preston ROAD, Brooksville, FL, 34601 | $1,648,000

Surround yourself with peace and serenity in your very own nature park for healthy living. 40 acres (MOL) which feels much larger due to the undulating topography of lush vegetation, groomed trails, and lots/ homesites. The opportunities are endless for creating a family compound or dream development, private home, golf course, and much, much more! Imagine enjoying green space with a variety of over 15, 000 trees, including majestic live oaks, laurel oaks, cedar, pine, mulberry, loquat, crepe and wax myrtles, sweet gum, chinaberry trees just to name a few. This property is only 1 mile from The Croom forest and NOT IN A SUBDIVISION. The property is currently zoned for 8 to 9 homesites with over 100 feet of elevation changes that provide for stunning views. Shaded and groomed trails meander up and down around the canyon walls of a quarry with large landscape limestone boulders that provide directional points throughout the property.

Wandering through the meandering trails of breathtaking allure of the views created by multiple elevations, lies a hidden gem with timeless beauty. As you are greeted by new trails and natural rock formations that include a waterfall, the unique topography of this property offers privacy, serenity and tranquility. Additional property features include a grass horse riding arena, a 60, 000 gallon cistern to provide water for your 100' waterfall, and fencing around the majority of the property

At its highest elevation of 163 feet, you'll enjoy sharing it with a much varied wildlife including deer, owls, and gorgeous birds while having a panoramic view of the whole property. Uses for this property include, but are not limited to lots for 9 homes, an entertainment venue, golf course, private stables and/or barn, and more. It has been enjoyed for horseback riding , dirt bike riding, and foot races complete with an existing obstacle course, coupled with the shear enjoyment of the surroundings.

Uniquely part of Brooksville, this land reveals a historical limestone quarry. . . a sanctuary for wildlife. Complete with a well and new pump on one of the parcels(5. 7 acres) this land is accessible by 2 roads, one of which is private. Enter the property and you'll notice immediately it feels like you are in Georgia or North Carolina, with its multiple elevations and vegetation. If you are looking for land, with a private, breathtaking Florida location, look no further! The opportunities for private or public use are endless!

Features

  • Lot Size: Irregular
  • Lot Desc: Gentle Sloping, Rolling Slope, Wooded, Zoned for Horses
  • View: Trees/Woods
  • MLS#: U8207836
  • Days on Market: 193 days
  • Website: https://www.raveis.com
    /prop/U8207836/prestonroad_brooksville_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 6/9/2024 9:17:10 PM)
Listing courtesy of COASTAL PROPERTIES GROUP INTERNATIONAL   Phone: 727-493-1555

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NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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Preston ROAD, Brooksville, FL, 34601

$1,648,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

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 Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $1,318,400 $1,318,400 $1,318,400
Term 360 months 360 months 180 months
Initial Interest Rate** 7.000% 6.750% 6.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.786% 6.888% 6.976%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $8,771 $8,551 $11,667
Total Monthly Payment $8,896 $8,676 $11,792

* 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.