16702 Otterchase LANE, Winter Garden, FL, 34787 | $1,225,000

Under contract-accepting backup offers. *INCLUDED Tesla solar is PAID in FULL! Properly named “Waterside”, this luxurious gated community was created to savor the shoreline along Johns Lake. Stunning resort style amenities are perched high above the waters edge to fully experience the natural beauty. A perfect escape to enjoy a swim & daily workout in the fitness center. Classic mediterranean architecture keeps the community cohesive w/ pristine lawns & an array of tasteful tile roofs. When constructing these homes, the truss systems are reinforced to accommodate the weight of the tile, more sturdy than a shingle roof. Quality and durability are important things to consider when purchasing a home in Florida’s tropical climate! Elegant & functional this residence has a thoughtful floor plan that will tick all the boxes! An expansive paver drive & walkway leads to a quaint courtyard entrance, a lovely spot to enjoy a glass of wine by moonlight! The home opens up to a foyer w/ high ceilings, lots of natural light & a coat closet! To the right, an office with double glass doors has a private courtyard view & to the left a conveniently located 1/2 bath for guests. A corridor then leads to a bedroom (currently used as an exercise room), full bath & additional storage closet! The main living space is huge with tons of windows overlooking the pool, spa & lanai! Finishes include hardwood floors, neutral paint scheme, crown moulding and custom lighting and fans. The primary suite also shares a backyard view along with a DREAM closet 14x12, soaking tub, walk-in shower and his & her sinks! There’s even a sit down makeup vanity w/ additional storage that matches the custom closet system! This gorgeous residence does not disappoint! The kitchen has a large island, walk-in pantry & quality appliances, including a gas range. Real wood cabinetry & granite counters span across into the nook. No need for a formal dining space! Sliding doors open onto the covered lanai w/ room for both outdoor dining & relaxing! The heated pool & spa have a salt system w/gas heater! The backyard is fenced and does have room for your pets to get outside for a bit! And yes, there is a bath just off the kitchen with a pretty shower, vanity & exterior door access. A sizeable laundry room w/ sink & storage sits just off the kitchen w/ an area for a desk or extra refrigerator. Another private bedroom suite, making that 3 on the main floor, has a private bath w/ shower. A drop zone, mudroom/hallway is just inside from the 3 car garage for backpacks & additional storage! The tiered staircase leads to a massive bonus room, bedroom & full bath! A great spot for a pool table or 2nd family room! Ample use of windows keeps this home cheerful w/ beautiful blue sky views in every direction! This quaint corner of Orange County offers an easy commute to all of central Florida’s attractions, downtown Orlando & the international airport. Just a few miles from a local favorite, Historic Downtown Winter Garden! Enjoy the weekly Farmer’s Market on Saturday mornings along with monthly and seasonal celebrations year round! The West Orange Bike Trail runs through the middle of town w/ a splash pad, posh restaurants, specialty boutiques, coffee shoppes & more! Enjoy the historic architecture with brick streets and a true hometown feel! Be sure to visit The City of Winter Garden’s website to find out “Where Good Things Grow”, a great the place to live, work & play for ALL ages!

Features

  • Amenities: Fitness Center, Gated, Park, Playground, Pool, Recreation Facilities
  • Rooms: 8
  • Bedrooms: 4
  • Baths: 4 full / 1 half
  • Laundry: Inside, Laundry Room
  • Style: Mediterranean
  • Year Built: 2019
  • Garage: 3-car Driveway, Garage Door Opener
  • Heating: Central
  • Cooling: Central Air, Humidity Control, Zoned
  • Approx Sq. Feet: 3,597
  • Acreage: 0.2
  • Est. Taxes: $10,167
  • HOA Fee: $158 Monthly
  • Lot Desc: Sidewalk
  • Pool: Auto Cleaner, Fiber Optic Lighting, Gunite, Heated, In Ground, Lighting, Salt Water, Self Cleaning, Tile
  • Pet Policy: Yes
  • Appliances: Built-In Oven, Convection Oven, Cooktop, Dishwasher, Gas Water Heater, Microwave, Refrigerator
  • MLS#: O6236132
  • Days on Market: 21 days
  • Website: https://www.raveis.com
    /eprop/O6236132/16702otterchaselane_wintergarden_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 9/22/2024 10:35:07 AM)
Listing courtesy of LAKEFIELD REALTY GROUP LLC   Phone: 407-383-6497

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NMLS Mortgage Loan Originator ID 16953

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16702 Otterchase LANE, Winter Garden, FL, 34787

$1,225,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

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 $980,000 $980,000 $980,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.125% 6.125% 6.000%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.443% 6.258% 6.201%
Monthly Tax Payment $847 $847 $847
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $5,955 $5,955 $8,270
Total Monthly Payment $6,927 $6,927 $9,242

* 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.