Under contract-accepting backup offers. Prepare to be captivated by this once-in-a-lifetime opportunity to own a breathtaking 3-acre gated estate on Lake Keystone, Odessa's most desirable ski lake. One of only nine properties on the lake boasting 3+ acres and a west-facing view, this home offers a front-row seat to stunning sunsets every evening. As you enter through the private gate and down the winding driveway, you’re welcomed by immaculate landscaping illuminated by landscape lights, leading you to the grand entrance of this architectural masterpiece. The meticulously maintained grounds are secured with fencing and tall hedges for added privacy. The brick-clad, two-story estate exudes elegance. A circular driveway leads to a magnificent fountain and a five-car garage, air-conditioned by two mini-split systems—ideal for car enthusiasts or those seeking a year-round workspace. An exterior RV pad with a 50 AMP plug (2022) adds functionality to the exterior. Inside, you're greeted with panoramic views of Lake Keystone. The formal living room features a soaring 22-foot fireplace and pocket sliders opening onto the 1, 127 sq. ft. screened lanai, blending indoor and outdoor living. The serene lanai features a koi pond (2023), outdoor kitchen with a new grill (2022), and seating areas to enjoy the lake views. The heart of the home is the kitchen, remodeled in 2024 with Taj Mahal quartzite countertops and freshly painted cabinetry. The adjoining bar area and island are perfect for hosting. This estate offers two owner suites. The first-floor suite, located off the formal living room, features a wood-burning fireplace and direct lanai access. The en-suite bath offers dual vanities, a soaking tub, walk-in shower, and two walk-in closets. Upstairs, the second owner's suite enjoys a private balcony overlooking the lake—a perfect spot for morning coffee or evening sunsets. This suite also offers two walk-in closets, a double vanity, and a walk-in shower. Upstairs features two additional guest bedrooms, each with its own en-suite full bathroom. A fifth bedroom downstairs serves as a versatile space, ideal for an office or additional guest room. The property has undergone $700, 000+ in renovations, including a new heated saltwater pool and spa (2023) with a unique jet filtration system. Pocket sliders from the second living room lead directly to this outdoor oasis, complete with a new pool deck. The dock includes three boat slips. One is occupied by a pontoon boat and another by two jet skis with a remote-controlled cover. The dock is fully equipped with new electrical wiring, a speaker system, and its own Wi-Fi router, perfect for lakeside relaxation. The home is outfitted with state-of-the-art technology, including the Control4 Smart Home system for managing lighting, audio, security, and climate via phone. With 16 security cameras, hurricane impact windows, and a 36KW generator powered by four 200-gallon propane tanks, this estate is both secure and stunning. Thoughtfully curated and meticulously maintained, the home includes over 55 improvements, such as a new roof on the house, shed, and dock (2022), three new AC units (2022), and new electrical panels with surge protection. Rarely does an estate of this caliber, combining modern luxury, technological innovation, and natural beauty on a 3+ acre lot directly on Lake Keystone, become available. Make this unique waterfront haven yours, and experience life on Lake Keystone as it's meant to be. Not in a Flood Zone!
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Our Executive Mortgage Banker:
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$4,190,000
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 | $3,352,000 | $3,352,000 | $3,352,000 |
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 | 7.333% | 6.876% | 6.936% |
Monthly Tax Payment | $3,343 | $3,343 | $3,343 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $21,741 | $21,741 | $29,662 |
Total Monthly Payment | $25,209 | $25,209 | $33,130 |
* 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.