Welcome to a beautifully renovated retreat nestled on a . 46-acre corner lot overlooking the serene waters of Bear Lake. This home has been transformed into a spacious 4-bedroom, 2-bathroom sanctuary complete with an office and a dining room. An appraisal was conducted and confirms a value of $505K, avaialble upon request. Enjoy stunning, unobstructed views of Bear Lake facing the association's picnic area on the lake. Extensively renovated down to the studs, this home boasts the following BRAND-NEW FEATURES: Water Well, A/C handler, A/C unit, A/C ductwork, plumbing, electrical system, electrical box, tankless water heater, and a NEWER Roof (2023). This home was created and designed for the ultimate in family engagement and entertainment in mind. Featuring an open concept that leaves everything at your fingertips. The HUGE Island Kitchen sets the stage for a thoughtfully RENOVATED experience to enjoy your New Wine Fridge, New Oven, New Refrigerator, New Dishwasher, New Granite Composite Sink, All New Windows, All New Doors, All New Closet Doors, All New Exterior and ALL New Interior Paint. Upgrades Include: Quartz Countertop, Solid Wood Construction Shaker Cabinets with Soft Close Doors & Drawers throughout, Chef’s Kitchen, Dual Zone Climate Control Wine Fridge, Stainless Steel Appliances, Recessed LED Lighting throughout, Porcelain Tile in Bathrooms, & Luxury Vinyl Planks throughout the entire home. Enhancements include a new 4th bedroom, a new dining room, and a new office, providing ample room for work and relaxation. The immense potential this home provides, situated just one street away from multi-million dollar Bear Lake front properties, offers exceptional value at a fraction of the cost. The property also offers the flexibility to expand further by possibly adding a pool and/or mother-in-law suite onto the huge backyard. The possibilites are endless in this FUN LAKE HOUSE with the amazingly convenient distance of just a . 1 mile to the private Bear Lake boat ramp, accessible annually for $130, is perfect for water enthusiasts & Lake Life seekers! This meticulously renovated home combines modern comforts with prime lake life living, presenting a rare opportunity to own a piece of tranquility in sought-after Seminole County.
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Our Executive Mortgage Banker:
Our Insurance Division:
$499,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $399,200 | $399,200 | $399,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.551% | 7.159% | 6.276% |
Monthly Tax Payment | $98 | $98 | $98 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,656 | $2,653 | $3,367 |
Total Monthly Payment | $2,829 | $2,826 | $3,540 |
* 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.