Under contract-accepting backup offers. *** Price enhancement ***Discover the perfect canvas for your dream equestrian estate on this stunning 12. 5-acre lot of vacant land, ideally situated in the serene countryside of Lithia. This expansive property offers endless possibilities for horse enthusiasts, ranchers, and those seeking a tranquil retreat from the hustle and bustle of city life. At the heart of this exceptional property is a spacious 36x60 8-stall horse barn, thoughtfully designed to meet all your equestrian needs. The barn features eight well-appointed stalls, providing ample space and comfort for your horses. Additionally, you'll find a convenient tack room for all your riding gear and supplies, as well as an office space where you can manage your operations. For added convenience, the property includes an RV port, perfect for those who love to travel with their horses or host guests with RVs. Whether you're planning to build your dream home, create a top-notch equestrian facility, or simply enjoy the wide-open spaces, this property offers the ideal foundation. The lot is already setup with electric service and there is also a well for your water supply. The land itself is a picturesque blend of open fields and mature trees, providing a serene and private setting. With 12. 5 acres at your disposal, there's plenty of room for a dream home, riding arenas, pastures, gardens, and more. Imagine waking up to the sight of your horses grazing in the morning sun, with the peace and tranquility of country living. This property offers the best of both worlds – a peaceful rural setting with easy access to nearby amenities, schools, and major roadways. Whether you're an avid equestrian, a nature lover, or simply looking for a slice of paradise to call your own, this lot is a rare find.
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Our Executive Mortgage Banker:
Our Insurance Division:
$650,000
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 | $520,000 | $520,000 | $520,000 |
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 | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,460 | $3,456 | $4,385 |
Total Monthly Payment | $3,552 | $3,548 | $4,477 |
* 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.