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A rare opportunity to own a direct lakefront residence, ****beautifully furnished (furniture negotiable)***, with breathtaking long lake views on one of the largest lots in the community. Welcome to the highly coveted "Water’s Edge One" section of the prestigious "Water's Edge at Peppertree Pointe" marina development. This exceptional home features stunning panoramic lake views and offers the added benefit of exceptionally low HOA fees!
The beautiful open floor plan features 2 bedrooms, a separate den (originally designed as a 3rd bedroom - an easy conversion to a 3rd bedroom if needed), 2 baths, a 2-car garage, and a stunning outdoor lanai overlooking the lake. This layout provides the highly desirable "Florida lifestyle" of waterfront living, with close proximity to the private marina and nearby beaches.
The kitchen features beautiful countertops, stainless steel appliances, and a spacious pantry. The open living area flows effortlessly, captivating you with breathtaking lake views. The master suite provides a peaceful escape, offering a private lake view, an ensuite bathroom with a soaking tub, dual vanities, and a large walk-in closet. This home combines comfort and peace of mind, fresh exterior paint, a refreshed interior, and an abundance of natural light throughout. Roof was replaced 2013-2014 with red altusa clay by Crowther residential roofing. 5 year contractors warranty, 25 year material warranty. As part of the exclusive community of Water's Edge One, which consists of only 45 homes, this property enjoys close proximity to the south-facing community pool and tennis courts just across the street. No need for a private pool - simply step outside into your own private paradise and ENJOY! Relax overseeing the tranquil lake views, or take a 30-second walk to the community pool.
AMENITIES: Additional amenities include a private marina with DIRECT GULF ACCESS, with a few boat slips currently available for lease! Adjacent to the community pool, you’ll find tennis and pickleball courts, with a second community pool also nearby. During the season, enjoy the monthly Nautical Nights at the Marina—a wonderful opportunity to meet your new neighbors! This subdivision offers an active lifestyle, with a long fishing pier planned for completion by the end of 2025, providing the perfect spot to watch stunning sunsets right from the pier. A pristine private sand beach completes the "Florida lifestyle" experience.
LOCATION: Water's Edge is ideally situated off McGregor, close to the beaches, shopping, fine dining, entertainment, hospitals, and even the airport. This property is priced to sell, with consideration for any upgrades you may want to make. It is a rare opportunity to own an exceptional home at such a great price in one of Fort Myers' most sought-after communities.
AN OUTSTANDING INVESTMENT — especially given the low HOA and maintenance fees!
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Our Executive Mortgage Banker:
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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 | $439,200 | $439,200 | $439,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.500% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.058% | 7.063% | 6.132% |
Monthly Tax Payment | $208 | $208 | $208 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,776 | $2,885 | $3,677 |
Total Monthly Payment | $3,076 | $3,185 | $3,977 |
* 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.