2520 El Rancho DRIVE, Leesburg, FL, 34748 | $674,900

Welcome to your lakeside sanctuary! This exquisite 4-bedroom, 3. 5-bathroom home on nearly 2 acres is a rare gem offering the perfect combination of luxury, privacy, and natural beauty. With LOW PROPERTY TAXES, this is a prime opportunity to own a tranquil retreat with stunning lake views and modern comforts. The home welcomes you with a NEW ROOF and an open floor plan that effortlessly flows between the living, dining, and kitchen areas. The gourmet kitchen is a chef’s delight, featuring granite countertops, upgraded appliances, and ample cabinet space, all bathed in natural light from a large bay window. Two master suites, each with a private bathroom, provide the ultimate in comfort and convenience. The oversized master suite is a true retreat, boasting vaulted ceilings, a cozy fireplace, dual walk-in closets, and a luxurious bathroom with a garden tub—perfect for unwinding after a long day. Step outside and experience resort-style living with an in-ground pool, expansive patio, outdoor shower, and kitchen area, ideal for entertaining or soaking in the serene surroundings. The massive backyard gently slopes towards your private lakefront, offering the perfect setting for relaxation or water activities. For hobbyists or those in need of extra storage, the 1, 800 sqft workshop with RV storage opens the door to endless possibilities, whether it's for creative projects, a home business, or additional space for your toys. Enjoy the best of both worlds—peaceful lakeside living, yet less than 10 minutes from The Villages and central Leesburg, with easy access to shopping, dining, and medical services. Don’t miss out on this extraordinary property, a true lakeside retreat with unbeatable value!

Features

  • Rooms: 6
  • Bedrooms: 4
  • Baths: 3 full / 1 half
  • Laundry: Inside, Laundry Room
  • Year Built: 1959
  • Garage: 3-car Circular Driveway, Driveway, Garage Door Opener, Open
  • Heating: Central, Electric
  • Cooling: Central Air
  • Approx Sq. Feet: 3,175
  • Acreage: 1.8
  • Est. Taxes: $570
  • Elem. School: Leesburg Elementary
  • Middle School: Oak Park Middle
  • High School: Leesburg High
  • Pool: In Ground, Screen Enclosure
  • Pet Policy: Yes
  • Appliances: Dishwasher, Microwave, Range, Refrigerator
  • MLS#: O6251422
  • Days on Market: 2 days
  • Website: https://www.raveis.com
    /prop/O6251422/2520elranchodrive_leesburg_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 11/14/2024 11:32:08 AM)
Listing courtesy of MARK SPAIN REAL ESTATE   Phone: 855-299-7653

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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

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
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Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance

860.690.5052

Robert.Reade@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
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    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

2520 El Rancho DRIVE, Leesburg, FL, 34748

$674,900

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 Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $539,920 $539,920 $539,920
Term 360 months 360 months 180 months
Initial Interest Rate** 7.250% 6.990% 5.990%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.655% 7.146% 6.276%
Monthly Tax Payment $48 $48 $48
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,683 $3,588 $4,553
Total Monthly Payment $3,823 $3,728 $4,693

* 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.