One or more photo(s) has been virtually staged. Welcome to a stunning private estate on a picturesque lakefront property on Lake Crescent, in the sought-after town of Windermere. As you arrive, a long, private drive leads you to this tranquil retreat, featuring a circular driveway on just under 1. 5 acres of meticulously landscaped grounds, a gardener’s paradise with over 35 tropical fruit trees. Lake Crescent is renowned as one of the finest lakes in the area, offering a quieter atmosphere while providing plenty of opportunities for aquatic sports such as water skiing, leisurely boating, kayaking and paddle boarding. The property boasts a private dock, a covered deck and a boathouse with a lift, ideal for enjoying Florida's outdoor summer living. This beautifully crafted ranch-style home features original Brazilian cherry wood floors and a thoughtfully designed split floor plan. The spacious kitchen, complete with a large breakfast nook, overlooks the gorgeous lakefront, making it the ideal spot for morning coffee. A separate dining room and a Florida room provide ample space for entertaining guests. The luxurious primary bedroom and en suite occupy one side of the home, offering a serene retreat with enough space for a cozy sitting area, ideal for relaxation or quiet reading. The primary bath includes dual sinks and a vanity area. On the opposite side of the home, you’ll find three additional bedrooms that share two full baths, making it ideal for accommodating guests. This home is equipped with propane that powers the stove, hot water heater, dryer and generator. Notable updates include air-conditioning units from 2018 and 2020, a water heater from 2018, a roof from 2012 and a septic tank from 2017. The dual irrigation system, which uses well and lake water, ensures the lush landscaping remains pristine. The estate’s tropical fruit trees include varieties such as magnolia, mulberry, lychee, 35 mango trees, limes, lemons, ambia for medicinal, starfruit, Keitt mango, Valencia mangos, papaya, Kent mango and tangerines. This extraordinary property is one of a kind!
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$1,650,000
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 | $1,320,000 | $1,320,000 | $1,320,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.625% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.406% | 6.762% | 6.830% |
Monthly Tax Payment | $782 | $782 | $782 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $8,561 | $8,452 | $11,590 |
Total Monthly Payment | $9,468 | $9,359 | $12,497 |
* 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.