Welcome to this beautiful equestrian property, situated on 17 sprawling acres in the Meadowood Farms community. Equally close to HITS and WEC, this property offers convenient access to some of the finest equestrian facilities in the world. The 3-bedroom, 2-bath home is situated on 7 lush acres and boasts 2282 square feet under air. Enjoy stunning views of the pastures from the large screened in pool and patio area, complete with a fireplace and oversized kitchen with ample cabinet storage. The property features a 13-stall barn with 6 cross-fenced paddocks, offering ample space for all of your equine companions. Three RV hookups with a separate meter provide added convenience for guests or additional income opportunities. The property also features two driveway entrances, one to the house and one to the barn area, adding to the property's functionality. The back 10 acres provides endless possibilities for development, such as an additional barn, guest house, or arena. The property is also suitable for trail rides, adding to the versatility and functionality of this stunning property. The house has been fully updated to include a new roof, new air conditioner, updated pool and lanai, new fences and paddocks, and a new barn, meter, and electric panel. Custom-built stalls measuring 12x12 offer the ultimate in equine comfort and convenience. This property has been successfully rented for all three winter and summer WEC/HITS circuits, with documented rental income. With too many features to list, this property is truly a must-see for anyone looking for the ultimate in equestrian living. Don't miss out on this rare opportunity to own your own equestrian paradise in Meadowood Farms!
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.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$2,000,000
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 | $1,600,000 | $1,600,000 | $1,600,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.750% | 6.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.406% | 6.864% | 7.058% |
Monthly Tax Payment | $316 | $316 | $316 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $10,378 | $10,378 | $14,159 |
Total Monthly Payment | $10,819 | $10,819 | $14,600 |
* 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.