Nestled on a private cul de sac of just eleven homes in the gated community of Lake Crescent Reserve, this exceptional estate in the highly sought-after Town of Windermere offers a rare blend of luxury, functionality, and versatility. Situated on over an acre with lake access to the Butler Chain, this stunning pool home provides two distinct living options: a 4, 018-square-foot residence with two master bedrooms or a nearly 3, 000-square-foot main home with an additional 1, 100-square-foot private in-law suite, making it ideal for multigenerational living. A standout feature of this residence is the expansive 1, 100-square-foot in-law suite, designed for both comfort and independence. It boasts a private entrance, full kitchen, spacious living room, large walk-in closet, and a dedicated air-conditioned zone. Sliding glass doors open directly to the enclosed pool area, seamlessly blending privacy with accessibility to the main home. With over $300, 000 in upgrades, this home has been enhanced with thoughtful improvements and premium finishes. The lifetime metal roof, backed by a 50-year guarantee, is designed to resemble shake roofing while offering top-tier durability. Structural enhancements a redesigned welcoming entrance, and a garage pad designed for enclosure, constructed with footers, allowing for an effortless conversion into a fourth bay if desired. Inside, carefully selected materials create a warm and inviting ambiance. Porcelain tile extends through the family room, kitchen, and laundry, while mahogany flooring enriches the living room, hallway, and dining area. The bedrooms feature engineered hardwood or vinyl flooring, and the loft offers additional potential with pre-installed plumbing for a future wet bar or bathroom. The kitchen was fully renovated in 2017, designed for both elegance and everyday functionality, while the guest bathroom was remodeled just two years ago. The home is equipped with three separate HVAC zones, ensuring year-round comfort. Two water heater systems efficiently serve different areas of the home, and outdoor kitchen plumbing is available in two locations, perfect for those who enjoy entertaining by the pool. Stepping outside, the backyard has been transformed into a private oasis. The pool deck was resurfaced, resealed, and rescreened within the last year, and a newly added fire pit provides a cozy gathering space. This residence offers exclusive access to Lake Butler and Windermere’s charming amenities, including tennis courts, a town hall, recreational spaces, and access to multiple lakes. Just a short walk to the Windermere Recreation Center, offering non-motorized boat access to Lake Crescent, tennis courts, a playground, waterfront activities, and picnic pavilions. Located in a tranquil setting with two cul-de-sacs, this small gated HOA community ensures a peaceful and private lifestyle. With extensive upgrades, a flexible layout, and a prime location, this home is truly a rare find in Windermere.
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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 | $1,276,000 | $1,276,000 | $1,276,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.125% | 6.500% | 6.375% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.848% | 6.613% | 6.560% |
Monthly Tax Payment | $726 | $726 | $726 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $7,753 | $8,065 | $11,028 |
Total Monthly Payment | $8,604 | $8,916 | $11,879 |
* 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.