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2401 State Road 557, Lake Alfred, FL, 33850 | $865,000
Welcome to your Hidden Oasis! Nestled between the vibrant metropolises of Tampa and Orlando. This exquisite lakefront retreat offers an unparalleled sanctuary for those seeking a harmonious blend of luxury and tranquility. Set upon a sprawling 3. 53-acre expanse, this meticulously updated property boasts a gated entrance, ensuring privacy and exclusivity for its discerning residents.
The main residence is a 3 bedroom 2 bathroom fully renovated inside and out, a testament to refined living, is complemented by two separate cottages, each boasting its own bathroom, kitchen, and laundry facilities. These additional dwellings not only provide versatile accommodation options but also present a lucrative rental opportunity, a third residence on the property is a 1440sq ft 3 bedroom 2bath manufactured home, generating a monthly income.
For the environmentally conscious, this property is a veritable eco-paradise. A robust 500-gallon propane generator stands ready to ensure uninterrupted comfort during unexpected outages. The property's commitment to sustainability extends to its water systems, featuring a recently installed well pump, reverse osmosis filtration, water softener, and a state-of-the-art Kinetico alkaline water system.
Outdoor enthusiasts will revel in the luxurious screened gazebo, perfect for alfresco dining or quiet contemplation while surrounded by nature's beauty. The dock allows for easy Lake access for water activities. The addition of a charming chicken coop adds a touch of rustic charm and the potential for farm-fresh eggs each morning.
Conveniently located minutes from Interstate 4, this property offers easy access to the region's attractions, including the world-renowned theme parks and pristine beaches. Whether you're seeking a permanent residence, a vacation home, or an investment opportunity, this lakefront haven promises a lifestyle of unparalleled comfort and sophistication. Embrace the Florida dream in this meticulously curated oasis, where luxury meets nature in perfect harmony.
Features
- Rooms: 9
- Bedrooms: 6
- Baths: 4 full
- Lot Size: 200 x 380
- Laundry: Inside
- Year Built: 1947
- Garage: Covered, Driveway, Open, Oversized
- Heating: Central, Heat Pump
- Cooling: Central Air
- Approx Sq. Feet: 3,696
- Acreage: 3.53
- Lot Size: 200 x 380
- Est. Taxes: $4,059
- Lot Desc: Conservation Area, In County, Level, Oversized Lot, Private, Street One Way
- View: Water
- Elem. School: Lake Alfred Elem
- Middle School: Lake Alfred-Addair Middle
- High School: Auburndale High School
- Appliances: Convection Oven, Dishwasher, Electric Water Heater, Kitchen Reverse Osmosis System, Microwave, Refrigerator, Water Filtration System, Water Purifier, Water Softener
- MLS#: L4946167
- Days on Market: 59 days
- Website: https://www.raveis.com
/prop/L4946167/2401stateroad557_lakealfred_fl?source=qrflyer
Listing courtesy of LA ROSA REALTY PRESTIGE Phone: 863-940-4850
William Raveis Family of Services
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Customer Service
888.699.8876
Contact@raveis.com
Our family of companies offer our clients a new level of full-service real estate. We shall:
- Market your home to realize a quick sale at the best possible price
- Place up to 20+ photos of your home on our website, raveis.com, which receives over 1 billion hits per year
- Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
- Showcase your home on raveis.com with a larger and more prominent format
- Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology
To learn more about our credentials, visit raveis.com today.
Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 16953
917.838.7300
Melissa.Cohn@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance
860.690.5052
Robert.Reade@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
2401 State Road 557, Lake Alfred, FL, 33850
$865,000
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Melissa Cohn
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $692,000 | $692,000 | $692,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.000% | 6.000% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 7.389% | 6.132% | 6.096% |
| Monthly Tax Payment | $338 | $338 | $338 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $4,149 | $4,149 | $5,793 |
| Total Monthly Payment | $4,579 | $4,579 | $6,223 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
FL Mortgage Lender MLD1388