1521 Edgewater Dr Mount Dora, FL 32757
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About this home
Resort-Style Living in The Country Club of Mount Dora - this Stunning Golf Course Home offers Exceptional Entertaining Spaces, Two Primary Suites, and a Spectacular Pool Retreat -Perfectly situated on a unique lot offering both golf course frontage and exceptional privacy for your lanai and pool area, thanks to lush greenspace directly behind the home. This property delivers an unparalleled setting for relaxation and entertaining, just minutes from charming downtown Mount Dora and only 40 minutes from Orlando. Step inside through the spacious foyer, where you are greeted by elegant formal dining and living areas. The living room features expansive views of the impressive pool, creating a serene backdrop and a perfect showcase for your favorite furnishings. The dining room, enhanced with beautiful chair railing, provides an inviting space for memorable gatherings with family and friends. At the heart of the home, the kitchen is designed for both culinary creativity and social engagement, boasting double ovens, a large cooktop, a center island, and abundant workspace. Open to both the breakfast area and family room, this light-filled space ensures you’re always part of the conversation, whether hosting a crowd or enjoying an intimate meal. The family room offers panoramic views of the golf course, while the breakfast nook overlooks the sparkling pool—everyday moments are elevated by the scenic surroundings. A dedicated study with double French doors is conveniently located off the foyer, ideal for a home office, reading retreat, or quiet work space. The study was originally designed as the third bedroom and could easily be converted back. Nearby, a full pool bath adds comfort and accessibility, especially for guests enjoying the outdoor amenities. The thoughtfully designed split plan offers two expansive primary suites, each positioned for maximum privacy. The main suite features a generous walk-in closet, spacious linen storage, dual vanities, a private water closet, and a luxurious garden tub with separate shower. The secondary suite also includes a large walk-in closet, roomy vanity, and a tub/shower combination—perfect for guests or multi-generational living. Practicality meets style in the well-appointed laundry room, complete with upper and lower cabinetry and a utility sink to make household tasks a breeze. Step outside to discover a true resort-style escape. The 30’ x 10’ pool with a stunning waterfall is the centerpiece of the 30’ x 36’ lanai, complemented by an additional 1,692 square feet of screened space for outdoor dining or lounging. There is ample room between the waterfall and rear screen enclosure for extra seating, ensuring every gathering is a memorable experience. Additional highlights include Plantation Shutters throughout, a roof replaced just 3 years ago, 7-year-old HVAC, and hurricane shutters for the entire rear of the home—providing peace of mind and lasting value. Enjoy the unique lifestyle of The Country Club of Mount Dora, with easy access to vibrant local shops, dining, the Atlantic Coast beaches just an hour away, and world-renowned Orlando theme parks nearby. This exceptional home invites you to relax, rejuvenate, and entertain with ease. Experience the perfect blend of comfort, elegance, and Florida living—schedule your private tour today!
Source: STELLAR #O6339213
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FAQs
Roam is your trusted partner for affordable home ownership. We help manage the assumption process from start to finish, enabling homebuyers to easily purchase their next home with a low-interest rate mortgage attached.
To qualify, you must meet the current FHA, VA, or USDA loan requirements depending on the type of loan you are assuming. This typically means a minimum credit score of 580, although most lenders prefer 620-640. Your debt-to-income ratio should be under the 50% max under FHA guidelines. Additional information such as employment history, explanations of income for each applicant, and asset verification for a down payment may be needed to process the loan.
An assumable mortgage is a type of home loan that allows a homebuyer to take over the existing mortgage terms from the seller, with no cost to the seller. Many government-backed loans, such as FHA and VA loans, are eligible for assumption, and millions of these mortgages are available.
When interest rates on mortgages are high, assuming a mortgage with a rate as low as 2% allows buyers to save up to thousands monthly compared to buying a home with a traditional mortgage at today’s average rates of 7%. A low-rate assumable mortgage could be the key to finding your dream home at an affordable price.
Roam has compiled available listings with low-rate assumable mortgages for you to browse. To get started, enter the city, state, zip code, or school district you’re interested in purchasing in. Utilize the search filters to narrow down your search. Click “Save search” to save your search preferences and activate listing notifications—we’ll email you as soon as new listings match your criteria.
Once you’ve found your dream home and ready to make an offer, schedule a call with a Roam Advisor directly from the listing. Your Roam Advisor will guide you through each step of the process, while also working directly with your agent, the servicer, and the seller to ensure you close on time.
When assuming the existing mortgage as part of a home purchase, the buyer has to cover the seller’s equity in the home. The seller’s equity is the purchase price minus the remaining mortgage balance. This amount must be covered in full through an all-cash down payment or by taking out a second mortgage.