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Under contract-accepting backup offers. This stunning Lancaster Park pool home, built in 2005, features the fantastic floor plan that you love in newer construction - an open layout, tall ceilings, ample storage, and much more! Upon entry, you are greeted by beautiful crown molding, hardwood floors, and plenty of natural light. The open floor plan includes a spacious family room adjacent to a gorgeous kitchen and casual dining area. The kitchen boasts a stunning butler’s pantry and a large walk-in pantry. Additional features include an induction cooktop, range hood, and a large quartz island. The family room and kitchen overlook the covered back patio and pool, perfect for outdoor entertaining! Downstairs, you’ll also find a convenient guest bathroom, a formal dining room, and the primary bedroom. The primary bedroom features two walk-in closets and a beautiful en suite bathroom with dual sinks, a vanity, toilet closet, and a glass-enclosed walk-in shower. Upstairs, there is a large bonus area that can be used as two separate spaces. Currently, it’s set up as an office and a large playroom with a pool table, which also functions as a ping pong table and is included for your enjoyment! Additionally, there is a large laundry room and ample storage space. The three upstairs bedrooms are generously sized with great closet space. One bedroom features a private en suite bathroom, while the other two share a bathroom with dual sinks. The current owners built this home as their forever home and added numerous high-quality features, including concrete block construction on both the first and second stories, double-pane windows, and fully paid-off solar panels, resulting in an OUC bill (includes water and electric) of only $1700 annually. There’s also a brand new roof (2024). The carport includes an electric vehicle charger, and there is an oversized detached garage with divided doors for two cars, additional storage, and overhead space. Lancaster Park is a highly coveted community, known for its picturesque streets and vibrant neighborhood social events, making it a unique and special place to call home. For outdoor enthusiasts, Lake Lancaster is just down the street, offering fantastic opportunities for fishing, kayaking, and paddleboarding. This home is zoned for the highly desirable Blankner K-8 and Boone High School, both within walking distance. You’ll also be delighted by the proximity to the Dr. Phillips Performing Arts Center, downtown Orlando, Thornton Park, Orlando Health/Arnold Palmer, SODO, Delaney Park, Lake Davis, and the Hourglass District, all just a bike ride away. Don't miss this rare opportunity to live in one of the most sought-after neighborhoods in downtown Orlando!
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$1,360,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,088,000 | $1,088,000 | $1,088,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.875% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.838% | 6.989% | 6.850% |
Monthly Tax Payment | $581 | $581 | $581 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $7,330 | $7,147 | $9,553 |
Total Monthly Payment | $8,036 | $7,853 | $10,259 |
* 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.