This unique stunning 5/5, 6600 square feet of living space, true lakefront, pool home offers a luxurious and convenient lifestyle with a host of desirable features. The two-story home has the majority of living on the first floor and the second floor is a basement level. It is situated in a unique cul-de-sac neighborhood, one entrance and one exit neighborhood, providing a sense of exclusivity and privacy. Boasting a 120 foot frontage of lakefront on highly desirable Lake Arietta, the property offering breathtaking views and the added benefit of a private dock with a boat lift. The house is thoughtfully designed with a split bedroom plan, ensuring privacy and comfort. The living spaces include both a Living Room and a Family Room area, providing versatile options for relaxation and entertainment. Off the Family Room and eat in kitchen area is a large deck with a TV to entertain and also enjoy the lake, especially gorgeous sunsets. The property features an electric heated pool, making it an ideal place for year-round enjoyment and relaxation, and an amazing entertaining area. One of the standout features is the presence of two full kitchens, allowing for a high level of convenience and functionality. The unique setup provides the possibility of creating a mother-in-law suite with its own entry and kitchen located off the pool area, adding flexibility to the living arrangements. For those who enjoy outdoor activities, the property is perfect for bringing your toys, as there is no homeowners association (HOA) restricting your use of the space. Additionally, the central location near I-4, Polk Parkway, Hwy 33, and positioned between Tampa and Orlando, offers easy access to major highways and attractions. Professionally decorated, this home exudes upscale living, combining elegance with practical features. Whether you're relaxing by the pool, enjoying the lake views, or entertaining guests, this property promises a lifestyle of comfort and luxury. It truly encapsulates the best of both indoor and outdoor living, making it a dream home for those seeking a unique and upscale living experience in Polk County.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,499,900
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,199,920 | $1,199,920 | $1,199,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.625% | 6.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.321% | 6.750% | 7.038% |
Monthly Tax Payment | $391 | $391 | $391 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $7,783 | $7,683 | $10,618 |
Total Monthly Payment | $8,299 | $8,199 | $11,134 |
* 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.