So, you're looking for a place where you can get away from it all, but not be too far from shopping & city life. You would love to have a place for your horses, chickens & goats, but you also wanted water views (Intracoastal Waterway/Clapboard Creek). Why choose when you can have it all. Welcome to Pilgrim Ridge Farm. This 10 acre sanctuary located on Black Hammock Island offers approximately 3, 900 square ft of living area on property, including 4 bedrooms, 5. 5 baths. Multiple living structures with the current custom main home overlooking marsh is 2468 sf w/ 2 master suites built in 2016. The interior design is cypress, cedar & pine that was collected & milled for the home. Cottage, built in 2020, with one bedroom one bath at 720 sf. Platted for second cottage with underground utilities in place. The property also includes two barns & chicken coop. The Pole Barn has approx 800 sf of livable area including kitchenette, bathroom & living area. The Mule Barn was built in 2022. Property is two parcels being sold together. This parcel is 5. 31 acres and the adjoining vacant land parcel is 4. 93 acres MLS#2056007. This parcel has been cleared and improved for additional structure. Major infrastructure upgrades have been made to the entire property, including its own on site, power Generac generator, that supplies emergency power to all major structures on property. An on property, electric transformer which was designed to allow further building expansion for additional dwelling. Property has also had extensive telecommunications & security systems added underground as well as an electric security entrance gate. Water is supplied by an artesian well that is over 350 deep to property that includes a complete filtration system. Commercial irrigation system. Power connection for RV. Enjoy the beauty of the island, knowing that major parks, including. Seven Creeks Recreation, District, Pumpkin Hill Creek Preserve State Park are just a stones throw away. From boating, biking, hiking, horseback riding, kayaking, and the list goes on, you have it all right at your fingertips. Come see why for over 6000 years people have occupied this island, including the Timucua Tribe. Come be part of the rich history that makes this land, so unique and special.
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,300,000
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 | $1,840,000 | $1,840,000 | $1,840,000 |
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% | 6.864% | 6.810% |
Monthly Tax Payment | $815 | $815 | $815 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $11,782 | $11,934 | $16,155 |
Total Monthly Payment | $12,722 | $12,874 | $17,095 |
* 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.