CUSTOM HOME IN BURNT STORE LAKES ON 1/2 ACRE PROPERTY W/**NEW TILE ROOF COMPLETED IN NOVEMBER 2024 - Brand New**.
The property is high and dry - no flooding or water issues due to recent storms and is ready to be moved into and loved. Own a piece of paradise here with this beautiful, 3 bed/2 bath, home in the growing, deed-restricted neighborhood of Burnt Store Lakes. Property is situated on an oversized lot that backs up to a nature preserve. Enjoy sitting on the lanai or in the backyard & watching as native wildlife including cranes, herons, egrets & even the occasional bald eagle interact with the adjacent, protected nature preserve. Inviting, arched entryway leads to the double door entry of the home. Step inside to discover a spacious, open floor plan w/over 2, 000 sqft of living space. The home boasts a great room, formal dining area, & large kitchen w/breakfast area. Architectural details include high ceilings, tile flooring laid on the diagonal throughout the home, decorative plant & display shelves, mirrored wall in dining area & arched transom windows at the front of the home. The kitchen has granite counters, raised panel cabinetry, stainless steel appliances & two closet pantries. A breakfast bar & adjacent breakfast area provide ample places to dine. The master suite offers walk-out access to the lanai, an oversized walk-in closet & en-suite master bath. Master bath features dual sinks, a walk-in tiled shower & additional walk-in closet. The split bedroom layout has large guest bedrooms - one w/an oversized walk-in closet. There's no shortage of storage space in this home. The guest bath has a combination tub/shower & large linen closet. Outside, the tiled & screened lanai overlook the fenced, backyard oasis. PLENTY OF ROOM TO ADD A POOL, IF DESIRED. Well-maintained, tropical landscaping surrounds the home including multiple species of palm trees & several fruit trees including fig, satsuma, sea grapes & grapefruit. Landscaping was updated in 2023 w/all new Floratam sod installed in front & backyard along w/numerous shrubs & trees. Dedicated well for irrigation has NEW pump in 2023. Updates include NEW 4 TON A/C (2024), NEW water heater (2022) & NEW washing machine (2023). Other amenities include whole-house Culligan RO water filtration + additional dedicated RO system in kitchen for drinking water. Home has complete hurricane protection w/newly added accordion shutters (2022) & electric roll-down screens on lanai (2022). Home has an attached split, 3-car garage. Third bay (15x30) was recently added to the home (2021) and features 3 custom storage cabinets. The original, two-car garage has retractable screen & epoxy coated flooring. Third bay offers direct, ramp access to backyard. Enjoy a serene setting while maintaining access to all the area amenities including golf, boating, fishing, biking & so much more. Great location w/quick & easy access to Punta Gorda, North Fort Myers & Cape Coral via I-75, US41 or the Burnt Store Rd corridor. Very close to Burnt Store Marina - eat at Cass Cay, the waterfront restaurant overlooking the marina & docks, or grab a quick bite at nearby Linkside Cafe. Burnt Store Lakes amenities include a community park on Spoonbill Lake w/playground & restrooms plus a canoe/kayak launch on Bear Branch Creek w/access to Charlotte Harbor.
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William Raveis Real Estate
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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 | $396,000 | $396,000 | $396,000 |
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 | $361 | $361 | $361 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,635 | $2,632 | $3,395 |
Total Monthly Payment | $3,071 | $3,068 | $3,831 |
* 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.