Spacious Year-Round Retreat with Panoramic Candlewood Lake Views in Candlewood Knolls This Candlewood Knolls home, with panoramic views of Candlewood Lake and a proven seasonal repeat renter history, is an ideal investment opportunity for those looking to generate rental income while enjoying a year-round retreat. The beautifully updated interior features a spacious, open layout perfect for both living and entertaining, with vaulted ceilings, exposed beams, and a cozy wood stove in the living room. The main level includes two bedrooms, each with an ensuite bath, and a deck off the kitchen perfect for alfresco dining with breathtaking Candlewood Lake views. Recent updates include a refinished deck and freshly painted exterior, creating crisp curb appeal. The backyard is a blank canvas, ready for the new owners to create their own fall oasis-complete with an additional Candlewood Lake view from the rear. The lower level features a family room, an additional bedroom with Candlewood Lake views, a bathroom, and a laundry area. With a newly graded driveway offering ample parking, and the option to connect to the community water system, this home is move-in ready. The Candlewood Knolls community includes three beaches, boat docks, tennis, pickle ball, basketball courts and golf cart-friendly streets. Residents enjoy a variety of events, from picnics and clambakes to bocce and golf outings. Embrace the tranquil lifestyle in this stunning Candlewood Lake retreat! Recent updates include freshly paved driveway August 2024, Refinished Deck with New Cable Railing October 2024. Freshly painted Exterior October 2024. Freshly Paved Driveway August 2024. A brand new well pump July 2024. The driveway was graded to add additional parking spots, accommodating 3+ vehicles. A Brand new Split AC Summer 2023. There is also an option to connect to the community water system.
Type | Description | Dimensions | Level |
---|---|---|---|
Bedroom 1 | Remodeled,Bay/Bow Window,Tub w/Shower | 12.0 x 13.0 | Main |
Bedroom 2 | Remodeled | 14.0 x 16.0 | Lower |
Dining Room | Sliders,Tile Floor | 12.0 x 12.0 | Main |
Living Room | 9 ft+ Ceilings,Beams,Wood Stove | 19.0 x 24.0 | Main |
Primary Bedroom | Remodeled,Balcony/Deck,Tub w/Shower,Sliders | 14.0 x 14.0 | Main |
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NMLS Mortgage Loan Originator ID 81725
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $520,000 | $520,000 | $520,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.655% | 7.146% | 6.412% |
Monthly Tax Payment | $895 | $895 | $895 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,547 | $3,456 | $4,423 |
Total Monthly Payment | $4,534 | $4,443 | $5,410 |
* 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.