Under contract-accepting backup offers. Rare, 'Olde Florida' rustic architectural Retreat on the Butler Chain of Lakes in SW Orlando. Located on the southern end of Lake Tibet Butler with NO HOA, you'll find this one-of-a-kind Chalet-like, Custom home that has been lovingly cared for and includes many extras! Enter the long, private, paved drive, past the tennis court, a detached large shed, and a detached 2-car garage, to the circular drive at the Main house. Like something you'd see in the mountains in the Carolinas, this charming 2-story home has large trees, a cozy covered front porch with rocking chairs, and 'hardy-board' siding wrapping the home. You'll admire the beautiful hardwood interior from the floors to the ceilings to kitchen cabinets, and more! HUGE rooms, soaring ceilings, and tons of Natural light. The main floor has two bedrooms and an office/3rd bedroom, a spacious open kitchen with a large island, beautiful stone counters, and an oversized, adjoining Dining room. The family room lets you relax with its large fireplace and built-ins and enjoy the waterfront views. Also on the main floor is a large laundry room AND storage/hobby room. The Primary bedroom is up a winding wooden staircase and greets you to BREATHTAKING lakefront views, vaulted ceiling & custom closet! Enjoy the best of "Florida Living" in the enormous open pool surrounded with pavers, concrete seawall, and more than 100 ft of your own sandy Beach - cleared! Head to the lake and the long dock, covered boat house with lift, and sitting area where you can watch the sunset on the lake! This property is both unique and a real scarcity in Orlando!
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,999,999
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 | $2,399,999 | $2,399,999 | $2,399,999 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.625% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.282% | 6.762% | 6.036% |
Monthly Tax Payment | $531 | $531 | $531 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $15,367 | $15,367 | $21,072 |
Total Monthly Payment | $16,023 | $16,023 | $21,728 |
* 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.