Under contract-accepting backup offers. Welcome to your dream home! This stunning lakefront custom family residence is nestled in the serene, guard-gated community of Magnolia Pointe, featuring a separate gated entrance exclusively for the lakefront estates. With 140 feet of pristine lake frontage on the spring-fed Johns Lake, this Victorian-style masterpiece offers 6 bedrooms, 4 full baths, and 2 half baths, spanning an impressive 6, 830 SqFt under air. Every night, enjoy a clear view of Disney fireworks from your pool or balconies. Johns Lake is perfect for bass fishing, boating, and water sports. This home underwent a complete renovation in 2019, featuring a new gourmet kitchen with top-of-the-line Thermador appliances, a Uline ice maker, and a bar fridge. Luxurious porcelain tile and engineered hardwood flooring were installed throughout. All bathrooms have been exquisitely remodeled, and the home showcases elegant wainscoting and crown molding. Additional upgrades include new windows, pathway stairs, a fire pit, a resurfaced dock with a 7500# lift, and a new two-story screen enclosure. The pool area boasts new Pentair equipment with gas and electric heaters, and new pavers on the back patio as well as a pool refinish. The outdoor kitchen is a chef's dream, complete with a Lynx pizza oven and Summerlin grill. Interior enhancements feature a sliding glass wall, a resurfaced fireplace, new lighting fixtures and fans, California closets throughout, and a redesigned staircase with hardwood and wrought iron. Plantation shutters adorn the windows, and a custom home office with built-ins, new cabinets, and a redesigned laundry room and pantry add functionality and style. A charming wrap-around porch expanded brick paver driveway, and a 3-car garage greet you upon arrival. The glass front door floods the home with natural light, welcoming you into a grand foyer with wood stairs and risers. The formal dining space, perfect for hosting, seats 10 comfortably. The luxury chef’s kitchen, equipped with top-of-the-line appliances, vent hood, pot filler, farmhouse sink, ice maker, and bar fridge, offers ample storage with high-end cabinets, a huge island, and an enormous fridge. An IT nook with matching counters and cabinets adds convenience. The connected in-law apartment, equipped with Frigidaire Pro appliances, provides an ideal space for extended family or guests. The informal dining area offers picturesque views of the lake, while the expansive family room features vaulted ceilings and sliding glass doors that open to the pool, lanai and outdoor kitchen. The first-floor playroom is ideal for children or as a home gym. The second floor boasts a large private master suite with a sitting area, a screened balcony overlooking the lake, and a spa-like master bath with a spacious shower, double and single vanity sinks, a garden tub, and a custom California closet. Three additional bedrooms, two full baths, a home gym, and a media room/den that can be used as an extra bedroom complete this floor, making it perfect for a growing family. Don't miss the opportunity to own this exquisite lakefront property. Community amenities include tennis courts, a shaded playground, basketball courts, a gazebo, a dock, a boat launch, and a beach. Located near major roadways, shopping, dining, and more, this is a rare opportunity you don’t want to miss. Contact us today to schedule a private tour and make this dream home yours!
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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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,839,200 | $1,839,200 | $1,839,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.375% | 6.375% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.387% | 6.498% | 6.413% |
Monthly Tax Payment | $1,401 | $1,401 | $1,401 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $11,474 | $11,474 | $15,770 |
Total Monthly Payment | $13,000 | $13,000 | $17,296 |
* 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.