"Slice of Paradise" Rare and exclusive opportunity to own a Lake Delancy lakefront home and property featuring 293 feet of lake frontage and 8. 66 acres. This property has only been owned by two families since 1953. It is surrounded by the Ocala National Forest (over 440, 000 acres of nationally protected forest). There are two parcels included in the sale, 18894 NE 240 Avenue Road includes 2. 91 acres with gated access including 1 bedroom, 1 bathroom cabin with 368 sf. , former bait store with private boat ramp, dock and 4 park model homes currently paying lot lease payments (ramp and lease details below). The second parcel, 18890 NE 240 Avenue Road, is 5. 75 acres with the primary residence. It’s reached through a separate gated entrance leading to this stunning custom built 3 bedroom, 3 bathroom home with 2, 449 sq. ft. of air-conditioned space. Upon arriving at the property you will drive down a winding path through the woods. First, on the right side is a beautiful pond and shooting range. Second, is a 30'x36' metal building workshop (2 roll up doors, insulated, 110 & 220V power and concrete covered pad in front). As you continue down the drive through the scrub oaks and park-like feel you may encounter a deer(or two), turkey, squirrels, hawks, owls, and more. Third, arriving at home you will pull into the 14'x30' concrete block carport with a storage room. Upon entering the home you will see some of the best craftsmanship and attention to detail in every aspect of the home(additional details below). 10' ceilings and crown molding carry throughout the home with a soaring vaulted ceiling in the great room. The open floor plan includes lake views from the kitchen, great room and Florida room with two sets of 28'x8' sliding glass doors (one set between great room and Florida room and another set leading from Florida room outside). The kitchen is custom with maple cabinetry, quartz countertops, all stainless appliances (double ovens, side by side refrigerator, separate ice maker, vented glass cooktop). The great room is 27'x16' w/ dining area, open space to watch TV or just relax and enjoy lake views. The Florida room is 27'x13' with a lot of natural light, hanging daybed and separate sitting area. The primary bedroom is spacious in size with a large picture window to view the lake, bathroom w/ glass shower surround, tiled shower/floors, his and her vanities and privacy commode. Bedroom 2(13. 3'x13. 1') is an on suite with a private bathroom(glass enclosed shower, tiled floors and quartz top vanity). Bedroom 3(15'x13') with 3rd bathroom around the corner includes a glass enclosed shower, tiled floors and quartz top vanity. Below are additional details on the home and property.
CMU construction
Nichiha siding
Standing seam metal roof
Engineered hardwood floors (except where there is tile)
PGT windows
2 HVAC units
Water softener
Landscaping with irrigation around the home
Generac Generator with a 500G LP tank (2021)
Two wells–Main house and remainder of buildings
The land lease properties on site generate $12, 600 a year in income. The boat ramp on site is the only real access to the lake, and the ramp fee generates roughly $800 annually. Lake Delancy is approximately 830 acres located near Salt Springs. Only a small fraction of the lake’s shoreline is private with residences, as the majority of shoreline is part of the Ocala National Forest. Great fishing year round. Close to miles and miles of OHV, horseback and hiking trails.
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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 | $919,200 | $919,200 | $919,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.750% | 6.500% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.343% | 6.876% | 6.725% |
Monthly Tax Payment | $762 | $762 | $762 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $5,886 | $5,962 | $8,007 |
Total Monthly Payment | $6,773 | $6,849 | $8,894 |
* 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.