Welcome to this Custom Built lakefront property overlooking Lake Mamie. Built by Dreggors Construction for the builder himself - there are upgrades galore!! This exquisite home offers an unparalleled blend of luxury, comfort, and practicality, set on a picturesque spacious lakefront lot. The property features a stunning gunite pool and jacuzzi, completely surrounded by aluminum fencing for safety and privacy. Sliders lead to the LARGE enclosed screened-in back porch with handcrafted Saltillo tiled flooring, which offers the perfect spot for relaxation and entertaining. With a separate outside entry, there is an additional heated/cooled flex space area with windows on all sides ideal for an office or craft room, providing panoramic views of the lake. A weather deck dock with a ladder and a storage box for fishing gear/floats, etc. enhances the outdoor living experience. Solid construction designed by the builder Richard Dreggors includes brick and concrete siding adding to its aesthetic appeal and durability. With 3 bedrooms, 3 bathrooms, and 2 flex rooms this residence provides ample space and flexibility for any lifestyle. Flex rooms could easily be transformed to additional bedrooms if needed. The home boasts 2510 heated square feet, featuring 9-foot ceilings throughout, enhancing the spacious and airy ambiance. Crown molding adorns the entire home, plantation blinds and hardwood floors in all main areas, including the primary bedroom. The additional bedrooms are carpeted, while the bathrooms feature elegant tile. A chef's dream, the kitchen includes custom wood cabinets, quartz countertops, a stylish backsplash, and KitchenAid appliances (all electric, replaced in 2017). Enjoy cozy evenings by the propane powered fireplace, adding warmth and charm to the living space. Equipped with a Trane HVAC system (replaced 2019), a hot water heater (2020), and a well with a softener system, ensuring both comfort and efficiency. Roof replaced in 2016. A spacious 3-car garage with two attic storage areas accessible via drop-down ladders offers ample storage space. This magnificent home at 806 Bay Tree Circle is a true gem, offering a blend of luxurious features, practical amenities, and stunning lakefront views. Whether you are looking to relax by the pool, entertain guests, or enjoy the tranquility of lakefront living, this property provides it all. Don't miss the opportunity to own this piece of paradise in DeLand!
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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 | $639,920 | $639,920 | $639,920 |
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 | 7.841% | 7.159% | 6.518% |
Monthly Tax Payment | $511 | $511 | $511 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,257 | $4,253 | $5,487 |
Total Monthly Payment | $4,860 | $4,856 | $6,090 |
* 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.