325 Magnolia STREET, Windermere, FL, 34786 | $3,148,000

Your future home on the Butler Chain of Lakes beckons! Nestled in the heart of the Town of Windermere on Lake Down, this expansive 3975 sq ft 4 bedroom 3 bathroom residence is a testament to the desirable Windermere Lifestyle. As you step inside the foyer, the scenic view of Lake Down greets you. The large formal dining room provides a pleasurable dining experience with lake views. Beyond the dining room, you move into the expansive lakefront family room with three full glass French doors with side panels providing expansive lake views, and includes a wet bar for easy entertaining. The kitchen boasts a natural gas cooktop, paneled refrigerator, a new smart convection microwave and a breakfast bar. The master suite has a sitting room with views of the lake, as does the 2nd bedroom. Gather with friends and family in the theater room to enjoy sports, movies and games in luxury. Step outside of the theater room to a secluded paved patio that can be used to enjoy outdoor dining and company around a fire during the winter months. Enjoy relaxing in the pool on a hot summer's day or take your boat out and enjoy the lifestyle lake living provides. You will treasure the ease of enjoying lake life having direct access to Lake Down via your own private dock and access to the prestigious Windermere Chain of Lakes. The Town of Windermere has much to offer with a park and tennis courts within a few blocks of your home. Join your neighbors for morning or evening walks or bicycle rides along the dirt roads where old oaks overhang your every step, along the sidewalks or in the parks. You'll appreciate the convenience of the breakfast and lunch cafe, coffee shop, hometown craft brewery and more - all less than a mile away, so you choose to take a walk or take your golf cart. The Town of Windermere offers Friday Farmer's Market, Monthly Food Truck night and special events throughout the year. Photos show Professional Staging by Max Home Design, home is currently unstaged.

Features

  • Rooms: 8
  • Bedrooms: 4
  • Baths: 3 full
  • Laundry: Inside
  • Year Built: 1954
  • Garage: 2-car
  • Heating: Central
  • Cooling: Central Air
  • Approx Sq. Feet: 3,975
  • Acreage: 2.97
  • Est. Taxes: $23,635
  • Elem. School: Windermere Elem
  • Middle School: Gotha Middle
  • High School: Olympia High
  • Pool: In Ground
  • Appliances: Bar Fridge, Built-In Oven, Cooktop, Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Range Hood, Refrigerator, Washer
  • MLS#: O6182702
  • Days on Market: 52 days
  • Website: https://www.raveis.com
    /eprop/O6182702/325magnoliastreet_windermere_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 6/6/2024 11:47:11 AM)
Listing courtesy of SUZI KARR REALTY   Phone: 407-876-3688

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NMLS Mortgage Loan Originator ID 16953

917.838.7300

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325 Magnolia STREET, Windermere, FL, 34786

$3,148,000

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 $2,518,400 $2,518,400 $2,518,400
Term 360 months 360 months 180 months
Initial Interest Rate** 7.000% 6.875% 6.625%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.786% 7.002% 6.850%
Monthly Tax Payment $1,970 $1,970 $1,970
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $16,755 $16,544 $22,111
Total Monthly Payment $18,850 $18,639 $24,206

* 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.