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Price Reduction PLUS $10, 000 Cash Credit at Closing! Discover this stunning 5-bedroom, 3-bathroom Biltmore Estate home offering 3, 110 square feet of custom living space. Nestled on an oversized, deep conservation lot in a quiet cul-de-sac, this property is located near the sought-after Palms Resort Amenities Center, providing a perfect blend of privacy, luxury, and convenience. A gated front courtyard and screened entry lead to double leaded glass doors, welcoming you into this exceptional home. A chef’s dream, the gourmet kitchen features double ovens, a cooktop with pot filler, a tile backsplash, under-cabinet lighting, a breakfast bar, and a custom lighted butler’s pantry connecting to the dining room. The breakfast nook has great views of the conservation area. The living room and Florida room both feature sliders to the lanai. The Florida room is highlighted by a custom electric fireplace with stonework, creating a cozy and inviting atmosphere. Hidden behind a custom bookshelf door, the 5th bedroom doubles as a private office or den, offering unique functionality. The master bedroom includes a sitting area, tray ceiling with lighted crown molding, and two walk-in closets with custom shelving. The spa-inspired en-suite bathroom boasts a custom lighted soaking tub and a custom rain system shower. A fully equipped in-law suite features a custom built-in Murphy bed and an en-suite bathroom with a custom rain system shower, providing guests or family with comfort and privacy. Bedrooms 3 and 4 share a Jack and Jill bathroom with double sinks, perfect for family living. A new 600 sq. ft. covered and screened lanai (2023) offers breathtaking sunset views and includes an optional hot tub. The 2-car garage features custom storage racks and pull-down attic access for extra storage space. New upgrades include upgraded landscaping (2022), a new roof (2023), HVAC system (2021), alarm system (2022), and professional interior painting (2022). This meticulously maintained home offers timeless elegance, modern convenience, and breathtaking views. All this in one of the top 55+ communities in America. Solivita offers residents access to state of the art amenities and work out facilities, dance and aerobics studios, 14 heated swimming pools, 2 heated spas, tennis courts, pickleball courts, softball, shuffleboard, bocce ball, billiards room, art gallery, 3 restaurants and 2 championship 18-hole golf courses. Additionally, enjoy the convenience of having Poinciana Lakes Plaza, a major new shopping center, open directly across from the Solivita Main Gate. This vibrant plaza will feature a diverse selection of stores and services, including a Sprouts grocery store, TJ Maxx, Ross, Burlington, Rack Room Shoes, 5 Below, Ulta, Outback, First Watch, Petco, Five Guys, Popeyes, Urgent Care, a dentist, TD Bank, Wells Fargo Bank, Hair Cuttery, Walgreens, McDonalds and even more to come. Schedule your private tour today and see why this exquisite property is the perfect place to call home!
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Our Executive Mortgage Banker:
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$644,900
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $515,920 | $515,920 | $515,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.375% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.995% | 7.050% | 6.132% |
Monthly Tax Payment | $578 | $578 | $578 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,219 | $3,389 | $4,319 |
Total Monthly Payment | $3,889 | $4,059 | $4,989 |
* 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.