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Welcome home to Lake Yale Estates—a charming community nestled along the scenic shores of Lake Yale! Whether you're searching for a year-round retreat or a cozy winter getaway, this turnkey 3-bedroom, 2-bath home is the perfect find. Everything in the home stays! Sitting on a desirable double lot with a newer roof and offering just over 1, 400 sq. ft. of living space, all that’s missing is you (and maybe your toothbrush)! As you arrive, you'll be welcomed by a picturesque canopy of oak trees, leading you to the spacious double carport. Step inside, and you’re greeted by a warm and inviting family room, complete with laminate wood flooring and a thoughtfully designed split floor plan. The primary suite, just off the family room, features a walk-in closet and a private bathroom with dual vanities and a walk-in shower—a perfect retreat at the end of the day. A set of French doors leads from the family room into the galley-style kitchen, a dream for entertaining with its pantry, ample counter space, and picturesque window overlooking the outdoors. The kitchen flows seamlessly into the dining and living areas, both filled with natural light thanks to abundant windows and the same beautiful laminate flooring. You'll also find bedrooms 2 and 3, along with a convenient guest bathroom featuring a tub/shower combo. Love the outdoors? Imagine sipping your morning coffee on the screened-in patio with soaring vaulted ceilings, enjoying the peaceful surroundings. Need extra storage? You’re covered with a shed under the carport and an additional detached shed/workshop. AND HERE'S A BONUS—this double lot offers exciting income potential! Consider selling the extra lot down the line or building a second home to use as a rental—ideal for generating additional revenue or hosting extended family. Beyond your doorstep, Lake Yale Estates offers resort-style amenities, including monthly planned activities, a heated swimming pool, community center, shuffleboard courts, a fishing pier, RV/boat storage, a fire pit overlooking a sandy beach, and direct lake access! This golf cart-friendly community even includes lawn maintenance in your monthly HOA fee.
And let’s talk location—you’re just 20 minutes or less from Downtown Mount Dora, Tavares, and Eustis, offering endless options for shopping, dining, and entertainment. Don’t miss this opportunity to own a piece of paradise with added investment potential! Call today to schedule your private showing before it’s gone!
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Our Executive Mortgage Banker:
Our Insurance Division:
$235,000
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 | $188,000 | $188,000 | $188,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.990% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.172% | 7.154% | 6.172% |
Monthly Tax Payment | $228 | $228 | $228 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,204 | $1,250 | $1,574 |
Total Monthly Payment | $1,507 | $1,553 | $1,877 |
* 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.