17850 Coralwood LANE, Groveland, FL, 34736 | $839,500

PRICE REDUCTION!!! Your dream property is set on 1. 96 acres, perfectly poised with convenience and luxury. This exquisite corner lot home is ideally located, ensuring that schools and shopping destinations are a mere 10-minute journey away. Featuring no HOA, it provides freedom and fewer restrictions. The home is a true sanctuary with a beautifully landscaped garden, complete with a tranquil koi fish pond and an awe-inspiring lake view. Indulge in the bounty of nature with producing tropical trees, including lush mangoes, right in your backyard! The property boasts a paved circular driveway that accommodates 8-12 cars and features a resilient tile roof. Entertainment and leisure are redefined here with two external kitchens; one adjacent to the pool area for al fresco dining and another cleverly integrated within the garage for private gatherings. The massive pool deck, covered with a lifetime floor material, is fully screened and extends into a spacious area designed for parties. Comfort meets style inside the home with crown molding, elegant tracing ceilings, and a cozy fireplace setting a refined tone. The master bedroom suite includes his and her closets, an additional linen closet, and a direct rear door to the pool, combining convenience with luxury. An additional bathroom also provides direct access to the pool area, ideal for guest use during pool parties. The gourmet kitchen serves as the heart of this home, where culinary dreams come alive. With modern amenities and elegant finishes, it is perfect for both the occasional cook and the seasoned chef. Additional features like an automatic generator ensure uninterrupted comfort and convenience, making this home not just a residence but a retreat. BUT that is not all! Experience the pinnacle of personalization with the expansive second-floor bonus space, elegantly designed to serve as an additional bedroom, a stunning home office, your very own lavish glam-room/closet, or whatever your heart desires. Discover the epitome of suburban elegance, where every detail is meticulously designed for your pleasure.

Features

  • Rooms: 13
  • Bedrooms: 6
  • Baths: 3 full
  • Laundry: Inside, Laundry Room
  • Year Built: 2001
  • Garage: 2-car Circular Driveway
  • Heating: Electric
  • Cooling: Central Air
  • Approx Sq. Feet: 3,838
  • Acreage: 1.96
  • Est. Taxes: $4,413
  • Pool: Deck, In Ground, Other, Screen Enclosure
  • Pet Policy: Yes
  • Appliances: Built-In Oven, Cooktop, Dishwasher, Microwave
  • MLS#: S5102895
  • Days on Market: 175 days
  • Website: https://www.raveis.com
    /prop/S5102895/17850coralwoodlane_groveland_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 11/18/2024 11:02:51 PM)
Listing courtesy of PROFESSIONAL REAL ESTATE TEAM   Phone: 407-483-4964

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
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Our Insurance Division:

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17850 Coralwood LANE, Groveland, FL, 34736

$839,500

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 $671,600 $671,600 $671,600
Term 360 months 360 months 180 months
Initial Interest Rate** 6.750% 6.750% 6.625%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.321% 6.876% 6.850%
Monthly Tax Payment $368 $368 $368
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $4,356 $4,356 $5,897
Total Monthly Payment $4,816 $4,816 $6,357

* 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.