391 Alcove DRIVE, Groveland, FL, 34736 | $350,000

Stunning elegance and inside and out. Enter through the Guard Gate to the magnificent Magnolia House, our 57, 000 SF Club that is exclusive to the Homeowners in Trilogy! Enjoy the open green space and rolling hills. Nestled on the top of the hill, find this gorgeous Capri Model loaded with upgrades and tastefully designed and decorated. You will be impressed with the open-concept floor plan that makes this home live larger. The fabulous kitchen features gray cabinets, an upgraded backsplash, stainless steel appliances, and granite countertops throughout. The large island makes this a great space for entertaining. Wood-look tile adds elegance throughout the living areas. The great room and dining areas are loaded with windows allowing an abundance of light. The large primary suite is complemented by its own ensuite, including dual undermount sinks, make-up vanity, quartz countertops, a walk-in closet and shower, and a private water closet. Wander down the hall to the opposite side of the home to find the 2nd bedroom steps from the 2nd bath with a soaking tub. There is a den perfect for an office and additional sleeping space for guests. There is a side hard scaped courtyard AND a screened lanai in the rear, allowing you to incorporate your outdoors into your living space during the beautiful times of the year. A completely fenced back and side yard gives you so much privacy. HOA dues include Spectrum Cable (450 channels and 2 boxes), high-speed internet, security alarm, and monitoring, Mowing, edging, weeding and trimming, walking trail, and dog park. The Magnolia House is the hub of activities, and our own Restaurant and Bar offer Happier Hours, great food, and entertainment. There are over 50 active member-led clubs, friendly competition on the Sports Courts, Golf Simulator, and Pool Tables. Enjoy the indoor/outdoor heated pool with plenty of shade for sun protection. Fitness is a way of life featuring state-of-the-art fitness and wellness programs and a complete Athletic Center and fitness rooms offering an incredible variety of classes for those getting fit or staying fit. Club also includes an artisan studio, poker room, culinary kitchen, multi-purpose room, movement studio, tennis, pickleball, and bocce courts. More fun activities in the Event Center feature a huge entertainment venue with a stage and state of art sound and lighting systems. Enjoy Concerts, shows, parties, dance clubs, and more. One person on the deed must be 45. Over 18 may reside and Children under 18 may stay 60 night per year if under 18.

Features

  • Amenities: Basketball Court, Cable TV, Clubhouse, Fence Restrictions, Fitness Center, Gated, Maintenance, Optional Additional Fees, Park, Pickleball Court(s), Pool, Recreation Facilities, Spa/Hot Tub, Tennis Court(s), Trail(s), Vehicle Restrictions
  • Rooms: 7
  • Bedrooms: 2
  • Baths: 2 full
  • Laundry: Gas Dryer Hookup, Inside, Laundry Closet, Washer Hookup
  • Year Built: 2020
  • Garage: 2-car Driveway, Garage Door Opener
  • Heating: Natural Gas
  • Cooling: Central Air
  • Approx Sq. Feet: 1,568
  • Acreage: 0.12
  • Est. Taxes: $5,005
  • HOA Fee: $483 Monthly
  • Lot Desc: City Lot, In County, Landscaped, Sidewalk
  • Adult Communities: Yes
  • Pet Policy: Cats OK, Dogs OK, Number Limit, Yes
  • Appliances: Dishwasher, Disposal, Dryer, Exhaust Fan, Gas Water Heater, Microwave, Range, Refrigerator, Washer
  • MLS#: G5085706
  • Days on Market: 16 days
  • Website: https://www.raveis.com
    /prop/G5085706/391alcovedrive_groveland_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 9/20/2024 1:38:56 PM)
Listing courtesy of COMMUNITY ELITE REALTY   Phone: 407-496-7026

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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

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
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Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
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391 Alcove DRIVE, Groveland, FL, 34736

$350,000

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 $280,000 $280,000 $280,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.125% 6.125% 4.990%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.483% 6.273% 5.268%
Monthly Tax Payment $417 $417 $417
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $1,701 $1,701 $2,213
Total Monthly Payment $2,193 $2,193 $2,705

* 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.