High and dry estate located in a no flood zone (x) area. Nestled in a highly sought-after equestrian community in Odessa, FL, this luxurious gated estate offers unparalleled privacy and elegance across 5 acres of pristine land. The expansive 7, 725-square-foot main residence features 6 bedrooms and 7 bathrooms, including a dedicated separate wing with 3 bedrooms and 3 bathrooms, perfect for a growing family. The home is complemented by a 1/1 mother-in-law suite and a separate 1/1 accessory dwelling unit (ADU), ideal for guests or extended family. With a grand porte-cochere entry, this estate exudes sophistication from the moment you arrive. Inside, enjoy luxury finishes like granite countertops, travertine marble floors, coffered ceilings, and intricate crown molding throughout. Entertain in style with a theater room, 3 fireplaces, and spacious living areas designed for both comfort and grandeur. The estate boasts 700 feet of serene lakefront, offering breathtaking views and endless recreational opportunities. This is truly a one-of-a-kind property in one of Odessa's most desirable communities. Updates include: Five new air conditioners, four new refrigerators, pool screen has been replaced, sauna, two water heaters, updated projection in movie room, and so much more!
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,900,000
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 | $2,320,000 | $2,320,000 | $2,320,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.750% | 6.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.321% | 6.826% | 6.936% |
Monthly Tax Payment | $2,913 | $2,913 | $2,913 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $15,047 | $15,047 | $20,530 |
Total Monthly Payment | $18,084 | $18,084 | $23,567 |
* 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.