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Welcome to your dream equestrian retreat nestled in the picturesque Grand Island community of Lake County. This stunning 5-acre property offers a serene lifestyle, perfect for horse enthusiasts and nature lovers alike. The spacious 4-bedroom, 2 ½ bath home features a split plan, a modern kitchen, a cozy, expansive family room with a wood-burning fireplace, creating a warm and inviting atmosphere. The home is complemented by an enclosed pool area and a convenient 2-car garage. Surrounded by mature oak and magnolia trees, the
property boasts a charming boardwalk that leads to well-appointed stables, a lush pasture, and a versatile workshop. The 1500 sq ft stable is equipped with 18' ceilings, fans, a concrete floor, and is fully matted, accommodating 8 stalls, including a designated washroom and tack room. Nearby, a small corral offers an ideal space for riding and training.
The property is meticulously fenced, featuring two gated access points for enhanced security. An agriculture-grade fence, approved by the Bureau of Land Management, encloses the upper paddock area, ensuring safety for untrained horses. Additionally, a 950 sq ft metal building provides ample space for a workshop, storage, or other purposes.
Unique to this property is a bomb shelter with 4-foot thick reinforced concrete walls, equipped with electricity, offering unparalleled safety and peace of mind.
Situated a few miles north of Eustis, between Lake Eustis and Lake Yale, this property is ideally located for exploring the great outdoors. Enjoy nearby Trout Lake Nature Trails, public boat ramps, and parks, or venture to downtown Mount Dora for its charming antique shops and vibrant festivals. With Ocala, known as the "Horse Capital of the World, " just an hour away, and convenient access to both the East and West Coast beaches, as well as Orlando attractions, this Central Florida gem offers the perfect balance of tranquility and adventure. Shopping, dining, and essential services are all within a comfortable 20-30 minute drive. Experience the ultimate equestrian lifestyle in this exceptional Grand Island property here in beautiful Lake County, Florida!!
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
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To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$699,000
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 | $559,200 | $559,200 | $559,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.625% | 6.490% | 5.490% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.695% | 6.649% | 5.764% |
Monthly Tax Payment | $553 | $553 | $553 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,219 | $3,531 | $4,566 |
Total Monthly Payment | $3,863 | $4,175 | $5,210 |
* 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.