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Under Construction. Discover 166 Hammock Preserve Loop, a stunning new construction custom home by AR Homes located in the highly sought-after community of Oakland Park in Winter Garden, FL. With over 40 years of experience crafting luxury residences, AR Homes proudly presents the Carrabelle model—a masterpiece that blends sophisticated design with exceptional craftsmanship. This two-story home spans 3, 186 sq ft and features an open-concept layout with 4 spacious bedrooms and 4 full bathrooms, including a magnificent primary suite on the second floor that offers a generous walk-in closet, a spa-inspired en-suite with dual vanities, and an oversized shower. The first-floor flex room and dedicated guest suite add even more versatility, while the covered lanai, cabana, and open-air courtyard with a fireplace create the perfect setting for outdoor entertaining. With dramatic ceiling details, a gourmet kitchen equipped with high-end appliances, expansive living and dining spaces, and designer finishes throughout, this property stands as a prime example of luxury custom homes in the Oakland Park area. Additionally, an optional in-law or guest suite above the garage provides extra flexibility. Nestled in a picturesque community with tree-lined streets, scenic walking trails, and vibrant events like holiday celebrations, yoga in the park, and Bike and Dine gatherings, and conveniently located near downtown Winter Garden, top-rated schools, boutique shopping, and fine dining, this home offers an unparalleled lifestyle and investment opportunity. A unique leaseback option is available, or the home can be purchased outright, and AR Homes continues to develop premier lots and exclusive projects throughout Central Florida. Please note that the photos provided are of the Carrabelle design from another completed build and are used solely for demonstration purposes; contact us today for more details and customization options.
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To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$1,675,000
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 | $1,340,000 | $1,340,000 | $1,340,000 |
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 | 6.861% | 6.637% | 6.540% |
Monthly Tax Payment | $348 | $348 | $348 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $8,142 | $8,470 | $11,581 |
Total Monthly Payment | $8,615 | $8,943 | $12,054 |
* 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.