SIGNIFICANT PRICE REDUCTION!! Discover unparalleled luxury in this meticulously, modern, custom new construction home. Nestled on over 7 acres with lake access and serene water views within a tranquil gated community in the heart of Groveland. This stunning estate features elaborate upgrades throughout, including a grand foyer with dual staircases and soaring ceilings, a gourmet kitchen with stone countertops, an oversized island, and a butler's/chef kitchen. Spacious eating area with access to the covered patio, leading up to your private gym room with panoramic views, and full bathroom that can used as a pool bath as well. This home was designed with a private office with French doors and a desired guest bedroom, and full bathroom. The first-floor deluxe primary suite includes a lavishly designed bathroom with numerous aesthetic features, including, lushing waterfall grand shower, modern garden bath, and extended high vanities with endless counterspace. Ascend the grand staircase to a custom-built designer closet, a large loft, and the three spacious bedrooms each with en suite bathrooms and walk-in closets, all overlooking the grand open layout of the living room and kitchen. Along with this luxurious home, there's an additional single-family home with a separate entrance offers over 1, 300 square feet of living space with a full kitchen, living area, three bedrooms, 2. 5 bathrooms, 2-car garage, and a wrap around back patio, ideal for an in-law suite. Outdoor features an extensive driveway, over 5 luscious green, pasteurized, flat and clear acres, and serene water views. Experience the perfect blend of exquisite modern, luxurious estate, and agricultural lifestyle, designed to fulfill your dream home desires! SELLER IS OFFERING $25, 000 SELLER'S CREDIT FOR BUYER TO BUILD THEIR CUSTOM POOL!
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,999,900
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 | $1,599,920 | $1,599,920 | $1,599,920 |
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 | $236 | $236 | $236 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $10,377 | $10,377 | $14,158 |
Total Monthly Payment | $10,738 | $10,738 | $14,519 |
* 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.