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Under contract-accepting backup offers. RANCH FOR SALE!. . OVER 20-Rolling Acres of fertile, pristine land! 3 Miles east of the Blk Horse Ranch tucked behind Hwy 42, across the Ocala National Forest and only 10 Miles to Hwy 19—a direct route to Eustis, Mt. Dora, and Clermont. The Ranch backs up to Marion Sand Quarry’s 86 Acres with a buffer of old Oaks and tall Pines. The Ranch presents an opportunity to make a home-business dream a reality! Entering the private gated-property drive to the hilltop for the main house—an inviting cabin-like home with fireplace. This 3/2 home that looks out onto the pastures. Across the property’s paved road is the annex: an adorable mid-century bungalow guesthouse. Perfect for equestrian enthusiasts and/or a tranquil Airbnb income producing property in the Heart of Horse Country. The Main House is wall-to-floor natural woods from the living room to a small bar off of the kitchen, and is surrounded by a screened-in porch. Walking the property, you come to an outdoor fire pit and a screen-in outdoor full-functioning BBQ with a bar and TV—perfect for viewing national sport events! Continue strolling the property, and you experience various fruit trees from Orange, Peach, Loquat, Pear, Fig, Plum, and Pecan, to the fragrance of Gardenias, Roses, Azaleas, Plumbago, and Crepe Myrtles. The path leads to a 5-stall horse barn, full 50 amp hook-up for RV with dumping station, and a 2-car garage. From there, the stroll leads to the Florida Keys’ Tiki Bar that faces a 27x27 pool & hot tub! This property is a MUST SEE! If you seek the dream to work from home and run your own equestrian business or be a Vacation Hot Spot in the Heart of Horse Country, then seize the opportunity and make it happen today! The entire property is surrounded by 3 electrical fenced-in paddocks that have been used for horses and cattle due to its pristine grass! Too many extras to list!. . THIS IS A MUST SEE!
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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 | $540,800 | $540,800 | $540,800 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.500% | 7.000% | 6.000% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.058% | 7.176% | 6.298% |
Monthly Tax Payment | $227 | $227 | $227 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,418 | $3,598 | $4,564 |
Total Monthly Payment | $3,737 | $3,917 | $4,883 |
* 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.