This is your chance to own a piece of paradise on the crystal clear, spring fed waters of The Rainbow River! This Cul-de-sac home has OVER 150+ FEET OF RIVER FRONTAGE! At the river's bank, there is a composite dock that provides direct access to swimming, kayaking, boating, paddleboarding and a peaceful place to enjoy the waterfront ambiance right outside your back door. Whether you are a nature lover or water enthusiast, this property is surely to be a perfect fit! This spacious 2800 SF home features 2 bedrooms, 2 full bathrooms, a two car garage and two fully enclosed screened in porches! Upon entering this home, you will fall in love with the open floor plan which has plenty of windows allowing natural light into every space. The entire home has large, wood-inspired tiles throughout offering a seamless look as you enter every room. The updated kitchen has an abundance of soft-close hickory cabinets and the large island serves as a centerpiece, which is perfect for meal prep, entertaining or casual dining. Grab a book, sit against the rustic Cracker-style wall and enjoy the heat from the wood burning fireplace, while enjoying the priceless views. Roof 2020, Windows 2020, Fence 2021 The Rainbow River is renowned for its exceptionally clear water, primarily fed by the first-magnitude spring, Rainbow Springs, which releases millions of gallons daily. The river maintains a constant 72-degree Fahrenheit temperature & is home to a diverse ecosystem of aquatic plants & wildlife. Dunnellon offers opportunities for kayaking, tubing, snorkeling, and fishing. Boats are welcome, with a no-wake regulation for all 7 miles of the river. The river flows into the Withlacoochee River, & the confluence is near Dunnellon's City River Park. Enjoy local festivals in the historic downtown area of Dunnellon. Don't miss out on this unique opportunity to embrace the tranquil Old Florida lifestyle. Plus you are 20 minutes to the Ocala Equestrian Center, 30 minutes to Crystal River and 1 hour to Gainesville.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,400,000
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 | $1,120,000 | $1,120,000 | $1,120,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.750% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.282% | 6.851% | 6.790% |
Monthly Tax Payment | $647 | $647 | $647 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $7,171 | $7,264 | $9,834 |
Total Monthly Payment | $7,943 | $8,036 | $10,606 |
* 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.