Experience the best of Florida living in this stunning custom-built WATERFRONT home located in the exclusive, gated lakefront community of Water Ridge. Built in 2020, this meticulously maintained residence sits on a spacious ¼-acre lot, offering 2, 287 square feet of heated living space, 4 bedrooms, 2 full bathrooms, and an oversized garage. Tucked away at the end of a private loop with no neighboring homes, the curb appeal of this coastal-style gem is evident the moment you arrive. The beautifully landscaped front yard features stone accents & a pavered driveway that seamlessly leads to the covered front porch. Step through the elegant double glass doors into an interior that exudes style and comfort. The home features wood-look luxury vinyl plank flooring throughout the main living areas & bedrooms, along with decorative wood trim, crown molding, plantation shutters, & an abundance of natural light from large windows & sliders. The open-concept great room is a showstopper, featuring a tray ceiling & a set of triple sliders that open to the expansive pavered, covered, & screened back porch. This outdoor living space is perfect for relaxing and soaking in the breathtaking caddy corner water views of Lake Medora, surrounded by Florida's natural beauty. The gourmet kitchen is a chef's dream, overlooking the great room and showcasing a huge granite topped island with pendant lighting, white shaker cabinets with crown molding, stainless steel appliances, a tiled backsplash, & a generously sized pantry with wood shelving. The adjacent dining room is set right off the kitchen…perfect for family gatherings. The primary suite is a luxurious retreat, complete with a tray ceiling, crown molding, direct access to the back porch, and a spa-like en suite bathroom. The bathroom features a large quartz-topped double vanity, staggered tile floors, a soaking tub surrounded by tile, and a walk-in tiled shower with a glass enclosure. The expansive walk-in closet offers ample storage with additional shelving. A bedroom adjacent to the primary suite can serve as an office or den, while two additional guest bedrooms are located on the opposite side of the home. These bedrooms are spacious and share a full bathroom with a tiled tub/shower combination and a quartz-topped vanity. The mudroom, with its custom-built bench and coat rack, adds convenience and style, while the laundry room offers extra cabinets, a wash sink, and a folding countertop, leading to the oversized 2-car garage with a taller garage door—perfect for larger vehicles. This home is equipped with a well for irrigation, keeping the landscape lush and saving on water costs. Designed for both luxury and practicality, this home is a perfect sanctuary for families seeking refined living in Water Ridge. The community itself is unparalleled, offering resort-style amenities including three stunning lakes—Lake Van, Lake Alfred, and Lake Medora—three pools, a fitness center with sauna and showers, and tennis and pickleball courts. The clubhouse is perfect for social events, & residents enjoy exclusive access to private boat launches on both Lake Van and Lake Alfred, as well as on-site boat storage. Ideally located between Orlando & Tampa, Water Ridge offers easy access to major attractions such as Disney World (just 30 minutes away), Orlando International Airport (under an hour), making this the perfect home for those who desire both adventure and convenience.
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William Raveis Real Estate
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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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $519,920 | $519,920 | $519,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.875% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.551% | 7.042% | 6.160% |
Monthly Tax Payment | $0 | $0 | $0 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,459 | $3,416 | $4,385 |
Total Monthly Payment | $3,551 | $3,508 | $4,477 |
* 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.