Under contract-accepting backup offers. In the enchanting community of Magnolia Farms, a most prestigious gated community, stood a majestic, single-story abode constructed with the finest materials & an eye for detail. As you cross the threshold, you’re greeted by a grand entrance that whispers of royal gatherings & elegant soirées. The soaring ceilings & wood beam rafters draw your gaze upward, hinting at the magic that lies within. The formal living & dining rooms, each graced with a wall of French doors, invite the outdoors in, opening to an exquisite living area where dreams & reality merge. The gourmet kitchen is a culinary wonderland where any chef would feel at home. Imagine preparing feasts with your Thermador refrigerators, dual sinks, endless prep space, & a dedicated beverage station. The BTU boiler & gas stove stand ready to cook up delights, while convection ovens ensure perfection in every dish. A pantry large enough to lose yourself in, with built-in freezer drawers, offers storage aplenty. Quartz countertops sparkle under elegant cabinet lighting, casting a magical glow over your culinary adventures. Gather in the spacious breakfast nook every morning, where the sun's rays dance in the windows during family meals. Adjacent, the large family room beckons with its massive sliders, blending indoor & outdoor living. Whether lounging by the pool or enjoying a quiet moment on the private covered patio, you'll feel like royalty in your own realm. This home is as practical as it is beautiful, with two secondary bedrooms at the rear, connected by a Jack & Jill bathroom & a bonus room that opens directly to the pool for guests or extended family. The in-law suite is a sanctuary of its own, complete with a living room, kitchenette, bathroom, & direct pool access. At the front of the home, there are two more generous bedrooms, each boasting its own private baths, ensuring everyone has their own slice of paradise. The expansive master suite is a retreat within a retreat, offering his & her walk-in closets, a luxurious soaking tub, & direct access to the pool area. The outdoor space is an entertainer’s dream come true. Imagine hosting a tea party in the front courtyard or grilling up feasts in the brand-new outdoor kitchen by the pool. A stunning rock waterfall cascades into the pool, creating a serene backdrop for summer days. As night falls, gather around the fireplace or relax under the gazebo & watch the gas-powered fire bowls blaze in the night. Practical features abound in this fairy-tale home. A generator stands ready to power your dreams even when the power company cannot, while the built-in bug slayer mosquito system ensures nothing spoils your outdoor adventures. The outdoor audio system provides the perfect soundtrack, & gas fire bowls add a touch of drama to evening gatherings. The attic elevator makes storage a breeze, & the customizable exterior lighting sets the mood for every holiday or party. Stay fit in the air-conditioned gym in the fifth garage bay, while tech lovers marvel at the full network cabinet with a camera system & axis points. Every closet in the home has built-in systems, ensuring even your wardrobe lives in luxury. The garages offer an EZ storage slat system & overhead storage because even your chariots deserve a royal treatment. All of this splendor sits on an oversized lot adorned with fruit trees, offering a perfect blend of luxury, comfort, & paradise. Wait no longer and let your fairytale begin right here in this lap of luxury.
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$3,100,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $2,480,000 | $2,480,000 | $2,480,000 |
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 | 7.321% | 6.826% | 6.936% |
Monthly Tax Payment | $2,030 | $2,030 | $2,030 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $16,085 | $16,085 | $21,946 |
Total Monthly Payment | $18,240 | $18,240 | $24,101 |
* 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.