218 Wgto Tower ROAD, Lake Alfred, FL, 33850 | $499,000

Must see to believe all that this charming, updated, three bedroom, 2 1/2 bathroom, attached garage, pool home on a sprawling +/- acre lot zoned for horses. As you enter the house, you are welcomed by a cozy screened in front porch. Enjoy the view of a tranquil lake as you sip your morning coffee. From there, walk through the front door into the spacious Great Room featuring new luxury vinyl tile which continues throughout the home. The wood-burning fireplace with cedar wood mantle and masonry rock wall is a favorite spot for friends and family to gather. Vaulted ceilings adorned with decorative natural wood plank trusses and whitewashed plank walls, are among the additional stunning details in the Great Room. To the left of the Great Room sits a beautifully renovated Kitchen featuring quartz counters, stainless steel appliances, ceramic tile backsplash, and an oversized walk-in pantry. Off to the right of the Great Room is the hallway leading you to the Primary En Suite Bedroom and two Secondary Bedrooms with a shared bath. The highlights of the large Primary Bedroom are the crystal “fandelier”, (a chandelier with disguised ceiling fan), a well appointed walk in closet, and sliding glass doors that lead to the pool and lanai area. The Primary Bathroom has a large, glass enclosed, ceramic tile, walk-in shower plus an oversized vanity with sink and ample storage space. The Secondary Bedrooms each have a picture window with scenic views of the park like front yard. They share a large Bathroom with a shower/tub combo. A separate Laundry Room is located just off the Great Room. As you exit the living space through the sliding glass doors you’ll walk out onto the pool deck. The fully screened outdoor pool oasis and the lanai area with retention wall offers plenty of space for large parties or a quiet spot for solo relaxation as you soak up the sun. Conveniently, the pool has its own bathroom to keep wet swimmers from entering the home. Beyond the pool area, you will find the fenced backyard. The yard features a stable and storage shed. The gem of this property, however, is the unique, insulated, air conditioned, 2250 ft. ² workshop. This space has a wood framed mezzanine, steel support beams, plumbing hook up, garage door, and concrete flooring. The owners have converted the workshop into a recreation area with a basketball court as well as an additional party/entertainment space. This property also includes a whole house plus workshop generator, Kinetco Water Filtration System to optimize the quality well water. Looking for low cost living? Since there are no city utilities to pay and no HOA look no further, this is the home for you! This property could also be utilized as an investment property, or your very own compound to live, work, and play! The property is close to I4 and conveniently located near OIA, golfing and Central Florida attractions. Call to schedule your private showing. Mortgage is assumable.

Features

  • Rooms: 6
  • Bedrooms: 3
  • Baths: 2 full / 1 half
  • Lot Size: 110 x 400
  • Laundry: Inside
  • Style: Ranch
  • Year Built: 1984
  • Garage: 2-car Garage Door Opener
  • Heating: Central
  • Cooling: Central Air
  • Approx Sq. Feet: 2,090
  • Acreage: 0.99
  • Lot Size: 110 x 400
  • Est. Taxes: $5,016
  • View: Water
  • Pool: In Ground, Outside Bath Access, Screen Enclosure
  • Appliances: Built-In Oven, Cooktop, Dishwasher, Disposal, Microwave, Range Hood, Water Filtration System
  • MLS#: O6231398
  • Days on Market: 22 days
  • Website: https://www.raveis.com
    /prop/O6231398/218wgtotowerroad_lakealfred_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 11/22/2024 11:47:07 AM)
Listing courtesy of BETTER HOMES AND GARDENS R E   Phone: 904-853-6386

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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218 Wgto Tower ROAD, Lake Alfred, FL, 33850

$499,000

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

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $399,200 $399,200 $399,200
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 7.477% 7.159% 6.296%
Monthly Tax Payment $418 $418 $418
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $2,656 $2,653 $3,367
Total Monthly Payment $3,149 $3,146 $3,860

* 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.