Escape to Your Own Private Oasis in Gated Magnolia Ridge!
Unwind in paradise in this stunning single-family home, where luxury meets convenience with a separate in-law suite, sparkling pool, and lush oversized lot. Imagine mornings with coffee beside your tiki-inspired lanai, or hold your own party with a built in bar feeling like you've been whisked away to Margaritaville!
Step inside and be greeted by an open concept haven with gleaming tile floors, a fireplace crackling for cozy nights, and an gourmet kitchen boasting granite countertops and stainless steel appliances. Hosting is a breeze with the seamless flow into the lanai, where tropical vibes and sparkling poolside fun await.
Need space for family or guests? The attached 985 S. F. studio in-law suite offers the perfect blend of independence and togetherness, complete with its own one-car garage. The inside makes you feel like you are in your own cabin with brick covered walls and finished wood-slat ceiling. And rest assured, your future is bright with a brand new roof and solar panels.
Magnolia Ridge provides the ultimate peace of mind with its gated security entrance. But when you're ready for adventure, this prime location puts you close to everything you need. Historic Downtown Ocala is only 10 minutes away. Grab a latte at the local cafe, eat a terrific lunch or evening meal at one of the many boutique restaurants, or tee off at the 3 nearby golf course.
Don't miss your chance to own a piece of paradise! Call today to schedule your private showing and start living your best life in this dream home.
Bonus highlights:
Oversized lot with fantastic landscaping and fountain in front
Brick paver landscaped walls and walkways
2-car garage in main home, 1-car garage in in-law suite
Contact us today for a showing!
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Our Executive Mortgage Banker:
Our Insurance Division:
$799,900
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 | $639,920 | $639,920 | $639,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 7.125% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.932% | 7.282% | 6.498% |
Monthly Tax Payment | $442 | $442 | $442 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,365 | $4,311 | $5,487 |
Total Monthly Payment | $4,899 | $4,845 | $6,021 |
* 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.