Embrace a once-in-a-lifetime opportunity at 2850 Sunstream Lane, one of the last and only large parcels of land available in one of the Tampa Bay area's best locations. This is not just a property; it's a canvas for your dreams. Nestled in a private, secluded lakefront location, these 6 acres offer an unparalleled opportunity for the construction of your dream home or present the perfect canvas for a thoughtful development project. The possibilities are endless, surrounded by the natural beauty of mature trees and the tranquility of Lake Chautauqua.
This property stands as a testament to rarity, being one of the final expansive lots in this coveted locale. The land, with a rich past as a flourishing orange grove, was part of a larger parcel that was thoughtfully subdivided into two premier subdivisions by the current owner. Now, in a momentous decision after generations in the family, the owner has chosen to release the last portion of this remarkable property, reserving the best for last.
This 6-acre parcel presents endless possibilities, offering the flexibility to be subdivided by a developer into a distinctive community or to serve as a canvas for building your new custom home overlooking the pristine Lake Chautauqua. Ideal for those needing to move swiftly, this property provides the unique option to construct a dream home on the water, adjacent to the existing residence.
Nestled in a secluded, private location, this property is a sanctuary awaiting your vision for a dream home or a developer's grand design. The updated mother-in-law suite adds versatility and comfort to the property, catering to both immediate needs and long-term plans.
Imagine waking up to serene lake views, surrounded by the tranquility of nature, all within easy reach of Clearwater's amenities, shopping, dining, and the Gulf Coast beaches. Top-rated schools and parks enhance the appeal of this exceptional property, making it an ideal haven for families, developers, or anyone seeking a unique slice of Pinellas County paradise.
Don't let this rare opportunity slip away! Schedule a showing today and unlock the potential that awaits at 2850 Sunstream Lane – where the best is truly saved for last!
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William Raveis Real Estate
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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 | $2,360,000 | $2,360,000 | $2,360,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.750% | 6.500% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.343% | 6.876% | 6.725% |
Monthly Tax Payment | $783 | $783 | $783 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $15,111 | $15,307 | $20,558 |
Total Monthly Payment | $16,018 | $16,214 | $21,465 |
* 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.