Stunning Mediterranean style home with 1. 6 acres on beautiful, spring-fed, seaplane accessible, skiable Lake Umatilla - a short commute to Orlando, Mount Dora, and the beaches. The home features 10-12 ft ceilings with crown molding and travertine-style porcelain tile throughout, laid in a hopscotch pattern with five-inch baseboards. Two roomy bedrooms share a hall bath with a roll-in-shower. The kitchen features rare turquoise granite countertops and has a breakfast bar, GE café appliances (refrigerator, gas range, dishwasher), a Samsun fume hood, solid wood cabinets with full depth soft-closing drawers, a work station sink, and a closet pantry. The kitchen overlooks the great room and screened lanai with panoramic lake views through 16 foot sliders. Additionally, there are two master ensuites facing the lake, each with a roll-in-shower and one with a soaking tub. Wide hallways and all one level make this home completely accessible by wheelchair, including the dock and boathouse via a concrete walk. Energy savings are assured by blown-foam insulation throughout the attic, including over the garage, a tankless on-demand propane hot water heater, double-pane low e windows, a 17 seer two-stage AC with dehumidifier and ceiling fans and LED lights throughout. A whole-house 22 kw Generac automatic generator guarantees safety and security in the event of a power outage. Propane is supplied from a 500 gallon underground tank (owned, not leased). A hunter irrigation system taking suction from the lake provides economic irrigation to approximately one acre and there is an extra 220V connection for a future second pump for the rest of the property. A 14' x 32' shed with two roll-up doors and a front porch, painted to match the house, provides additional storage and work space. There is a dock and covered boat house with lift for a pontoon boat. The front yard features curbed planting areas full of flowering plants and trees surrounded by lush St. Augustine sod. The screened lanai overlooks the lake and a serene backyard (also sodded and surrounded by a cast aluminum fence to keep pets and children safe and dry. The in-door laundry is equipped with a utility sink. The two arched front windows have custom draperies. There is also a private covered courtyard adjacent to the main master bedroom.
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Our Executive Mortgage Banker:
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$769,000
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 | $615,200 | $615,200 | $615,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.563% | 7.159% | 6.276% |
Monthly Tax Payment | $542 | $542 | $542 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,093 | $4,089 | $5,188 |
Total Monthly Payment | $4,727 | $4,723 | $5,822 |
* 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.