1612 LAKE RESERVE DRIVE, Deland, FL, 32724 | $667,000

Welcome to The Reserve at Victoria and this custom Paytas-built Kensington model. This community is one of the few where the outside maintenance is included in the HOA fee, giving you more time to enjoy the resort-style pool and pickleball courts! This home is the only one in the community that has the added four-foot slab extension at construction, $27, 000 option, which makes the garage and interior rooms larger than the model. During construction propane lines with a 250-gallon tank were installed to offer a gas kitchen range/laundry dryer/tankless water heater and outdoor grill. The three-car garage is almost 800 square feet with a gorgeous epoxy floor finish and attic storage access. Real wood floors span the entire home except the baths. In the kitchen no costs were spared with Cafe appliances and Level 4 quartz counters and backsplash. A pass-through wine bar with a wine refrigerator was added to give more storage for beverages. A custom entertainment wall was built in the living room with an electric fireplace. Real wood beams and custom floating shelving were added in the kitchen and living area. The outdoor space is where the entertainment comes alive with a beautiful custom summer kitchen which features a Blaze gas grill with granite top and stone exterior. The raised turf patio has 24-by-24-inch pavers with plenty of room for outdoor furniture and cornhole play. Make your appointment today to see this exceptional home!

Features

  • Rooms: 6
  • Bedrooms: 3
  • Baths: 3 full
  • Laundry: Gas Dryer Hookup, Inside, Laundry Room
  • Style: Traditional
  • Year Built: 2023
  • Garage: 3-car Driveway, Garage Door Opener, Garage Faces Side, Oversized
  • Heating: Central, Electric
  • Cooling: Central Air
  • Approx Sq. Feet: 2,486
  • Acreage: 0.21
  • Est. Taxes: $5,786
  • HOA Fee: $246 Monthly
  • Lot Desc: City Lot, Landscaped
  • View: Water
  • Pet Policy: Cats OK, Dogs OK
  • Appliances: Bar Fridge, Convection Oven, Dishwasher, Dryer, Gas Water Heater, Microwave, Range, Range Hood, Refrigerator, Tankless Water Heater, Washer, Water Softener, Wine Refrigerator
  • MLS#: O6294743
  • Days on Market: 36 days
  • Website: https://www.raveis.com
    /prop/O6294743/1612lakereservedrive_deland_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 5/7/2025 5:37:02 AM)
Listing courtesy of PREMIER SOTHEBYS INT'L REALTY   Phone: 407-333-1900

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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1612 LAKE RESERVE DRIVE, Deland, FL, 32724

$667,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

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 $533,600 $533,600 $533,600
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 7.007% 7.063% 6.132%
Monthly Tax Payment $482 $482 $482
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,329 $3,505 $4,467
Total Monthly Payment $3,903 $4,079 $5,041

* 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.