Looking for your future homestead? Welcome to your spacious 5-acre, agricultural(AG)-zoned, parcel, located in east Charlotte off SR-74 (Bermont Road) in the Golden Ranches Subdivision! This parcel is an absolute perfect location to enjoy the east county life of privacy and quietude and to build your dream home. But this is not just vacant land! The current owners have cleared a good portion of the property, created a shell driveway, and recently added a large 30x48 pole barn, a NORWESCO 2500 Water Holding Tank, a 200 amp electrical panel, and 20 ft shipping container. There is also a 40 ft, 2020, 5th wheel camper being stored on site that is currently for sale (inquire for more details).
The property includes private marl road access…roads are not county maintained, but maintained by owners. The land elevation is between 50-60 ft. The general area consists of small farms, groves, ranchettes & undeveloped parcels owned by mostly out-of-state or county property owners. There are no deed restrictions. Citrus groves are to the west and north, outside of the subdivision. South and east are large ranches with vast pastures and scattered woodlands. A recent survey and an environmental impact study from 2022 are available upon request.
The only limitations of this land are prescribed by the AG zoning which permits all uses under the description including low-density residential (1 home per parcel), conservation, agriculture, recreation & other uses consistent therewith. It is the purpose of the agricultural districts to provide areas for the establishment and/or continuation of agricultural operations with residential uses being permitted only at very low densities and to accommodate those individuals who understand and desire to live in an agricultural environment of quiet privacy.
Golden Ranches is only 25 minutes to all the new shopping and restaurants that famous Babcock Ranch has to offer, plus A-rated schools. Come check out this hidden gem and create your own garden, build your dream home on a private homestead, or just store your toys!
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$184,900
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $147,920 | $147,920 | $147,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $984 | $983 | $1,268 |
Total Monthly Payment | $1,059 | $1,058 | $1,343 |
* 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.