Expansive Multi-Generational Florida Home in Rolling Acre Estates:
Discover the perfect blend of space, comfort, and versatility at 1132 Valley View Lane in the sought-after Rolling Acre Estates neighborhood of DeLand. This sprawling ranch-style home, set on just under a HALF-ACRE of land, offers an exceptional opportunity for multi-generational living, a home business, or rental income potential.
With a generous 3, 155 square feet of living space, this home features 5 bedrooms and 3 bathrooms, ensuring ample room for everyone. On one side of the house, you'll find 4 spacious bedrooms and 2 bathrooms, while the other side boasts a complete IN-LAW APARTMENT with its own bedroom, bathroom, kitchen area, and living/dining room combo. The apartment floor-plan is perfect for accommodating extended family, offering independence while still being connected to the main home.
This home is packed with features that enhance both comfort and functionality. Enjoy the warmth of a cozy fireplace, the durability of tile floors, and the convenience of updated bathrooms, including a handicap-accessible bathroom in the apartment. The screened patio offers a peaceful retreat for enjoying the outdoors, while the BRICK exterior adds timeless curb appeal.
Practicality meets convenience with a NEW ROOF, a powered workshop for your projects, rear yard fencing, and two rear entrances. The property also includes two wells and a rear covered carport with additional parking spaces, making it ideal for a variety of needs. Plus, with no HOA requirements, you have the freedom to make this property truly your own.
Located just minutes from DeLand’s award-winning downtown, this home offers the perfect balance of tranquility and accessibility. Whether you're heading to the ocean (just 35 minutes away) or commuting to Orlando (40 minutes away), DeLeon Springs State Park or Stetson University this location has you covered.
The seller is offering up to $5, 000 in concessions for the buyer, making this an even more attractive opportunity.
Floor-plan and 3D virtual tour available—come see this versatile home and envision the possibilities!
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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 | $388,000 | $388,000 | $388,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | $208 | $208 | $208 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,581 | $2,579 | $3,327 |
Total Monthly Payment | $2,864 | $2,862 | $3,610 |
* 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.