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Perfectly positioned on a tree-lined cul-de-sac street, this custom-built home is situated on a private . 70 acre lot. Complete with a pool, a separate casita, and a four-car garage, this home is a rare find in Palencia. Designed for year-round outdoor living and entertaining, with a screen enclosure, covered seating, a summer kitchen, and a heated saltwater pool and spa with fire features and ambient lighting. Steps from the pool is a guest casita with two separate entrances. Inside finds a living room, kitchenette, guest bedroom, built-in bunkbeds, a full bath, and laundry, making this space ideal for any family. Inside the main house, you'll find an open floor plan flooded with natural light. The spacious family room showcases a soaring 20-foot ceiling, a collapsing slider door, second-story transom windows, and a floor-to-ceiling fireplace. (Cont) The chef's kitchen boasts quartz countertops, a 10' island breakfast bar, a six burner gas range w/ double ovens & an eat-in breakfast nook with a built-in sideboard. This well-thought-out floor plan includes a downstairs primary suite and a study with a two-story open ceiling, a built-in desk & cabinet towers for additional storage. An eye-catching cable staircase leads to 3 additional bedrooms, each with en-suite baths & walk-in closets. Barn doors open to an upstairs flex space, ideal for a playroom or an extra office. Up one more level finds a space perfect for a studio or reading nook with built-in bench seating and windows on each surrounding wall. Luxury finishes run throughout, including designer lighting, decorative paneling, 8-foot doors, built-in cabinetry, smooth walls and ceilings, cased doors & windows, textured wallpaper and plantation shutters to name a few. Surrounded by natural landscape and towering oaks, this spacious lot affords ample privacy on a quiet street with only nine homes. Located in the sought-after gated community of Palencia, residents enjoy a fitness center, three community pools, lighted clay tennis courts, pickleball courts, sports fields, fitness trails, and a boardwalk leading to the Intracoastal. There's an A-rated Elementary school in the neighborhood and a championship Arthur Hills-designed golf course. This community is the perfect place to call home.
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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 | $1,439,200 | $1,439,200 | $1,439,200 |
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% | 6.540% |
Monthly Tax Payment | $1,500 | $1,500 | $1,500 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $8,745 | $9,215 | $12,438 |
Total Monthly Payment | $10,370 | $10,840 | $14,063 |
* 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.