Pilot Cleared for Takeoff! Lake Reedy is FAA Approved—Bring Your Sea Plane! Enjoy breathtaking sunsets from this custom-built home on the serene shores of Lake Reedy. This stunning 3-bedroom, 2. 5-bath residence offers a blend of modern luxury and timeless charm. With 10-foot ceilings and 8-foot doors throughout, the spacious open layout feels bright and inviting. Both the front and back screened-in porches provide ideal spots to relax and soak in the views. The home is equipped with a whole-house generator powered by a 500-gallon buried propane tank, ensuring peace of mind and comfort year-round. The kitchen is a chef’s dream, featuring top-of-the-line wood cabinets, granite countertops and backsplash, and Bosch appliances. Designed for energy efficiency, the home features closed-cell insulation for a high R-value and a split A/C system, offering optimal climate control. Water needs are met by a 600-foot deep, 4-inch aquifer well. Unique touches like antique fixtures and custom-made furniture add a touch of elegance, and the home is sold partially furnished with these one-of-a-kind pieces. The Dock was built to last with Trex composite decking! It measures 90' long x 5' wide with a 10'x20' deck at end. There is also a 30’ x 20’ pole barn/workshop! This gem offers luxurious living with gorgeous sunsets and high-quality construction—don’t miss the chance to make it yours! Trust us, you will fall in love with this home!
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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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $503,200 | $503,200 | $503,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.655% | 7.146% | 6.276% |
Monthly Tax Payment | $329 | $329 | $329 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,433 | $3,344 | $4,244 |
Total Monthly Payment | $3,854 | $3,765 | $4,665 |
* 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.