NEW CONSTRUCTION 2, 533 Heated sq. ft. lakefront contemporary home on the serene shores of Lake Medora built on a stem wall foundation. This new construction offers an ideal blend of modern luxury and thoughtful functionality. The open concept design seamlessly connects the great room, dinning and kitchen which is enhanced by a premium Stainless Steel GE PROFILE ® Smart Kitchen appliance package including French-Door, ENERGY STAR® 4 doors Refrigerator with Door In Door, built-in, touch-control electric cooktop and an IKTCH variable speed Hood enclosed in a decorative Charcoal Grey enclosure, pot filler over the cooktop, a set of wall Microwave and oven, 3 drawers Dish washer, large walk-in pantry with decorative glass door, Blanc white high-quality quartz COUNTERTOP and back splash, FOREVERMARK Shaker, Bi-color, solid wood countertops with SOFT CLOSE hinges, KOHLER grade 18 stainless steel under-mounted sink finished with a SEMI-PROFESSIONAL Dark finish KOHLER faucet with 2 functions, a kitchen island with a built in breakfast bar. Top of the line PGT Insulated windows are installed in all windows including the 3-panel, double-pane, insulated sliding doors that open to a screened rear lanai, prepped for an outdoor kitchen and overlooking a breathtaking sunset views over the lake finished with a 24X24 pavers installed on the floor.
The split-bedroom floor plan offers privacy and tranquility, especially with a master suite featuring an unobstructed lake view, an en-suite bathroom, and a spacious walk-in California closet for organized elegance.
Perfect for multi-generational living or remote work, the home includes an in-law suite with a separate entrance that can easily transform into a private office. Smart features abound, from the Cat 5 Ethernet/data cable for seamless connectivity to the energy-efficient AO Smith 80-gallon hybrid water heater and 16 SEER TRANE HVAC system with a HONEYWELL PRO SMART thermostat. Every detail has been considered, including Decorative vanity mirrors, premium tile flooring throughout, and an inside laundry room with washer and dryer hook-ups and cabinets for Extra storage. The two-car garage has sanded stucco walls, a Modern Faux Wood finish, R19 insulated CLOPAY garage door functioning with a LIFTMASTER garage door opener with WiFi connection, an electric vehicle charging station hook-up and a man Door. All bathrooms are equipped with Top of the line DELTA Dark finish durable faucets. All doors are 8 ft MASONITE solid core doors including a fiber-glass front door with decorative glass. HARBOR BREEZE Ceiling fans with remote control installed in all rooms, KWIKSET dark finish lever/ Hardware in all doors.
This exquisite home is nestled within the upscale gated community of Water Ridge, where residents enjoy an array of top-tier amenities a clubhouse with a spacious gathering room, hosting vibrant community events year-round. For outdoor enjoyment, residents have access to 3 sparkling community pools, lighted tennis courts, basketball courts, fitness center, sauna. Water enthusiasts can take advantage of 3 fishing piers and 2 community boat ramps to access 2 huge lakes for endless water activities. Water Ridge is golf cart-friendly, making it easy to explore the beautifully landscaped community. The community is 45 min away from Disney, 25 min from Legoland, 15 min from Publix and Suntrax, 20 min from Jack Brack seaplane base, in proximity to several colleges and universities.
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Our Executive Mortgage Banker:
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$750,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $600,000 | $600,000 | $600,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | $66 | $66 | $66 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,992 | $3,988 | $5,145 |
Total Monthly Payment | $4,150 | $4,146 | $5,303 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.