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Escape to an oasis of tranquility and nature in this enchanting picturesque high and dry oak hammock preserve country home. A must see! This Real North Carolina Pine Log home is nestled off a quiet road in the heart of New Smyrna Beach on 6+ pristine acres, with a 3 car concrete block garage (under A/C), a 1 bedroom 1 bath IN-LAW SUITE, sauna, 50 AMP RV hookup and an additional 2 car carport next to the main house. Home is wired for generator and NO HOA! Bring your boats, trucks, business equipment & toys, there's plenty of room! Home is situated on fenced 3+ high & dry acres under irrigation by well (no flooding) & the other 3+ acres is wooded & not fenced. Home has electronic gate, paved driveway done in 2022, both A/C's replaced in 2023 & 2024. In the main house there are 2 large bedrooms downstairs, 1 upstairs with loft, 2 bathrooms, central vac system, fireplace and a bonus room. Kitchen has GE Profile stainless steel appliances with a gas stove. The IN-LAW SUITE has 1 bedroom and 1 bath. Enjoy outdoor living on the front or back porch, make a pizza in the outdoor pizza oven, take a stroll through the many winding paths around the property with a lot of unique, quirky things to see. Or take a swim in the refreshing salt water pool (2020) which is perfect for entertaining with a 23' x 60' travertine deck & features no-see-ums screens (heater & screens installed in 2022) and is surrounded by plenty of space for gardening, outdoor activities, horses and potential expansion. Property is zoned RA and can be subdivided. Conveniently located in the heart of New Smyrna Beach and minutes to shopping, restaurants and the beach while still enjoying the tranquility of country living.
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Our Executive Mortgage Banker:
Our Insurance Division:
$950,000
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 | $760,000 | $760,000 | $760,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.125% | 6.625% | 6.375% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.861% | 6.727% | 6.560% |
Monthly Tax Payment | $564 | $564 | $564 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,618 | $4,866 | $6,568 |
Total Monthly Payment | $5,274 | $5,522 | $7,224 |
* 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.