648 Banning Beach ROAD, Tavares, FL, 32778 | $895,000

Experience the charm of this beautifully updated lakefront home, boasting 100 feet of prime shoreline on Lake Eustis, complete with a covered boat dock in the back and canal frontage with a boathouse in the front. This unique and stunning property invites you to your own slice of paradise, where you can enjoy serene tranquility or become the go-to destination for family and friends, creating cherished memories on the water. Located on peaceful Banning Beach Road, this home welcomes you with charming canal frontage and a boathouse, followed by an expansive driveway, a two-car garage, and a spacious yard adorned with mature palms. The attractive exterior features a smooth stucco finish and slate tile roof, complemented by a screened front entry that warmly welcomes you inside.
The interior is bathed in natural light, with warm LVT wood flooring, crown molding, and neutral wall tones creating a comfortable and casually elegant atmosphere that invites relaxation on "Lake Time. " With ample space for entertaining or simply enjoying the roominess, this home offers versatile areas to suit your lifestyle. The front living room flows seamlessly into the spacious dining area, offering spectacular lake views. Adjacent to the designer kitchen, you'll find a cozy family room with a vaulted wood beam ceiling and stone fireplace. The kitchen itself is a chef's dream, featuring stunning Quartz countertops, ambient recessed lighting, subway tile backsplash, classic Shaker-style cabinetry, ample storage, a double-oven range, and a French door refrigerator. Nearby, a bonus or additional family room offers glorious lake vistas through its expansive windows, providing an ideal space for a playroom, art studio, fitness room, or home office. It also leads to the enclosed Florida room with slider windows all around, further extending to the screen-enclosed lanai, perfect for relaxation and entertainment. Inside, the owner's suite offers lake views and access to the family room/flex space, complete with a walk-in closet and a spa-worthy en suite featuring Quartz counters, an updated vanity, and an exquisite tiled shower with a rainfall showerhead and built-in bench. Two guest bedrooms with walk-in closets share an updated bathroom with a tub/shower. Ample storage is available throughout, including a two-car garage and two outdoor storage sheds. Relish sunset views over the coveted Lake Eustis from your private covered dock/boat slip, and explore the wonders of the Harris Chain of Lakes, all while basking in the natural beauty of your stunning waterfront home.

Features

  • Rooms: 11
  • Bedrooms: 3
  • Baths: 2 full
  • Lot Size: 100 x 135
  • Laundry: In Garage
  • Style: Ranch
  • Year Built: 1983
  • Garage: 2-car
  • Heating: Central, Electric, Heat Pump
  • Cooling: Central Air
  • Approx Sq. Feet: 2,243
  • Acreage: 0.31
  • Lot Size: 100 x 135
  • Est. Taxes: $5,313
  • Lot Desc: Level, Street Dead-End
  • View: Trees/Woods, Water
  • Elem. School: Tavares Elem
  • Middle School: Tavares Middle
  • High School: Tavares High
  • Appliances: Dishwasher, Disposal, Electric Water Heater, Microwave, Range, Refrigerator
  • MLS#: G5088204
  • Days on Market: 21 days
  • Website: https://www.raveis.com
    /prop/G5088204/648banningbeachroad_tavares_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 11/22/2024 7:17:09 PM)
Listing courtesy of ERA GRIZZARD REAL ESTATE   Phone: 352-735-4433

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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648 Banning Beach ROAD, Tavares, FL, 32778

$895,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

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 $716,000 $716,000 $716,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.625% 6.625% 6.625%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.282% 6.762% 6.036%
Monthly Tax Payment $443 $443 $443
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $4,585 $4,585 $6,286
Total Monthly Payment $5,120 $5,120 $6,821

* 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.