40610 Stout Oaks LANE, Lady Lake, FL, 32159 | $695,000

Welcome to Stout Oaks Ln, Lady Lake, FL, nestled just minutes away from the breathtaking Grand Oaks. This charming 3-bedroom, 2-bathroom home sits on 10 acres of beautifully cleared acreage, rolling hills, stout oak tree canopies, barns, sheds, a crop top (open) green house, fenced paddocks and ready for your equestrian, homesteading, and gardening dreams!

Come on in to discover a cozy living space that looks like it could have appeared in a recent edition of Southern Home Magazine, with vaulted ceilings and beautiful wood like floors that seamlessly transition into a spacious kitchen, perfect for creating delicious home-cooked meals that even Paula Dean would approve!! The Florida room provides a landscape view of the property and is a great bonus space for entertaining or simply soaking in the stunning views,
Each bedroom is nicely appointed with the master suite boasting private French doors that lead to your own outdoor sanctuary, complete with a massive screened enclosure allowing you to open up the home during Florida's cooler mornings and months! Step outside to find a covered porch, inviting hot tub, and screened-in pool/hot tub area—all set against a backdrop of lush greenery and towering oaks, creating a truly picturesque setting for family and friends. This is the ultimate RANCHET. If you want a hobby farm, you found it!! With a 3 stall barn, paddocks, a crop top green house and it's own designated irrigation well. Multiple tack shacks, and ample storage for equipment. The views are impressive, it's truly a dream property.
Located in the heart of Lady Lake, this stunning property offers the perfect balance of privacy and convenience. To be in a true private homestead only 10 minutes from town, is a wonderful bonus. Quick access to a supply run, Target, Publix and even Chick-fil'a & Starbucks! Shopping and dinning at your finger tips, Ocala's world renown equestrian centers, Florida's beaches on either side, . Living just minutes from Grand Oaks resort offers not only access to world-class equestrian events but also the opportunity to immerse yourself in the beauty and serenity of the surrounding landscape. This southern bell won't last long, book your property tour today.

Features

  • Rooms: 4
  • Bedrooms: 3
  • Baths: 2 full
  • Laundry: In Kitchen
  • Year Built: 1991
  • Heating: Central
  • Cooling: Central Air
  • Approx Sq. Feet: 1,512
  • Acreage: 9.24
  • Est. Taxes: $2,540
  • Pool: In Ground
  • Appliances: Dishwasher, Range, Refrigerator
  • MLS#: O6197854
  • Days on Market: 16 days
  • Website: https://www.raveis.com
    /prop/O6197854/40610stoutoakslane_ladylake_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 6/1/2024 4:05:33 AM)

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NMLS Mortgage Loan Originator ID 1875225

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40610 Stout Oaks LANE, Lady Lake, FL, 32159

$695,000

Jay Kelly

Sales Associate

William Raveis Real Estate

Phone: 860.550.0295

Jay.Kelly@raveis.com

Bobby Kazarian

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 401.585.3916

Bobby.Kazarian@raveis.com

NMLS Mortgage Loan Originator ID 1875225

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $556,000 $556,000 $556,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.375% 6.990% 6.250%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 8.011% 7.171% 6.538%
Monthly Tax Payment $212 $212 $212
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,840 $3,695 $4,767
Total Monthly Payment $4,144 $3,999 $5,071

* 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.