Lakeside Estate Below Appraised Value! This extraordinary 7-bedroom, 5-bathroom retreat on Junior Lake sits on 8. 4 acres with over 660 feet of pristine lakefront, offering a unique opportunity for multi-generational living, vacation rentals (VRBO, Airbnb), retreats, wedding venues, or private events.
Outdoor Living at Its Best:
The professionally landscaped grounds feature a $20k lighting package that showcases the stunning brick paver patios, an expansive TREX deck, a cozy firepit area, and a screened-in gazebo—perfect for lakeside gatherings. The private dock includes a lighted walkway, ceiling fans, outlets, and a swimming ladder for easy lake access.
Main House Highlights:
*3 bedrooms, 2 baths, plus 2 flexible rooms for office or guests
*Great room with wood-burning fireplace and breathtaking lake views
*Spacious master suite with walk-in closet and en-suite bath
*Generous kitchen with breakfast nook and pantry
*Attached double garage with ample parking Second House Features:
*3 bedrooms, 1 bath, and a sunroom/game room with stunning lakeside windows
*Large TREX deck for outdoor entertaining
*Recently renovated with a walk-in pantry
*Separate from the main house, connected only by a covered breezeway
Guest House:
*1 bedroom, 2 baths with an open-concept layout and lake views
*Screened porch and covered carport for added convenience
This property also offers investment potential, with the option to subdivide into 3-4 lakefront lots. Located in scenic Putnam County, you'll enjoy year-round access to boating, fishing, festivals, and state parks while being just minutes from Palatka, Gainesville, Ocala, and St. Augustine. Conveniently situated an hour from Jacksonville International Airport and two hours from Orlando.
This lakeside estate is perfect for creating unforgettable memories. Contact us today for a private tour!
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To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$898,900
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 | $719,120 | $719,120 | $719,120 |
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% | 6.851% | 6.704% |
Monthly Tax Payment | $360 | $360 | $360 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,605 | $4,664 | $6,264 |
Total Monthly Payment | $5,057 | $5,116 | $6,716 |
* 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.