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2024 Summerville Model | 3 Bed + Den | 3 Bath | 3-Car Garage | Pool & Spa | Oversized Lot. Beautifully upgraded and move-in ready, this newly built Summerville model in Lorraine Lakes at Lakewood Ranch is perfectly positioned on an oversized, fenced corner lot on a quiet cul-de-sac. This popular single-level floor plan features 3 bedrooms, 3 full baths, a den, and a 3-car garage, centered around a spacious open-concept great room, kitchen, and dining area—ideal for everyday living and entertaining. Upgrades include wood ceiling beams, a custom wood feature wall with a 100" electric fireplace, plank tile flooring throughout, barn doors on the den and laundry room, quartz countertops, tile backsplash, stainless steel appliances, single-bowl sink, touchless kitchen faucet, and designer hardware and lighting. The spacious primary suite offers serene water views, two custom built-in walk-in closets, and a spa-style bath with dual vanities and a large walk-in shower. Step outside to your private backyard oasis featuring a heated pool, spa, outdoor shower, covered lanai with seating and dining area, retractable awning, and an expanded paver patio beyond the screened enclosure—ideal for entertaining or relaxing. Full builder warranty through August 2025. Resort-style amenities at Lorraine Lakes include gated entry, lawn care, high-speed internet and
cable, resort and lap pools, splash zone, clubhouse with tiki bar and restaurant, state-of-the-art fitness center, indoor basketball and volleyball courts, arcade, tennis and pickleball courts, putting green, and more. Located in Lakewood Ranch, a #1 multi-generational community in the U. S. , you'll enjoy top-rated schools, shopping, dining, golf, parks, and events just minutes away. This home offers the perfect blend of luxury, convenience, and vibrant community living. Furniture package pricing available upon request. Outdoor tiki bar and drapery do not convey. Flexible closing date with option for short-term seller rent-back ideal for buyers desiring a summer move in date.
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Our Executive Mortgage Banker:
Our Insurance Division:
$850,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $680,000 | $680,000 | $680,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.250% | 6.625% | 6.500% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.911% | 6.764% | 6.726% |
Monthly Tax Payment | $259 | $259 | $259 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,187 | $4,354 | $5,924 |
Total Monthly Payment | $4,538 | $4,705 | $6,275 |
* 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.