203 Prestwick Dr New Smyrna Beach, FL 32168
Your savings
About this home
LAKEVIEW GOLF COURSE HOME! Elegant coastal living in this Unique 3-bedroom, 2.5-bath home located on "The Island" in Sugar Mill Country Club Gated Golf Community. Perfectly positioned on a .46 acre Wooded Corner lot, this Custom Designed 3,041 sq ft Concrete Block/Stucco home offers breathtaking views of the Lake and Blue 9 Fairway. As you step inside, you will love the Brazilian Teak hardwood floors, and a layout designed to blend convenience with comfort. You are also immediately drawn to the Spectacular View of the Lake, Golf Course and stunning natural beauty of your back yard. The light bright living Room with built-in bookshelves provides so much space and so many options to arrange this area for your family needs. The built-in office provides a quiet space to work. The Dining Room with a beautiful Oval Window, can accommodate a Large Table, Buffet and China Cab for family & guests The large Chef's Kitchen with dining area, has newer SS appliances, lots of cabinet & counter space & is ideally situated for everyday living. The Spacious Primary Suite offers its own retreat with Two Walk-In Closets, an additional sink/vanity area plus a Luxurious En-Suite Bath. Two additional Large Bedrooms provide room for family or guests. One of the many highlights of the home is the Florida Room with 3 sides of Sliding doors (with screens). As a screen room or glass enclosed room, the full panoramic view of the Lake and Golf Course is breathtaking. Morning coffee time here comes with entertainment and visits from the many shore birds who also live in this Audubon-Certified Sanctuary of Sugar Mill Country Club. Step outside for the magnificent lake and golf course view from your nearly 900 sq ft Patio. The mature landscaping features lush trees and exotic plantings, creating a sense of peace and privacy rarely found. The sunsets here are spectacular! Additional features include a 760 sq ft side-load 2+ car garage with room for vehicles, golf cart, and storage. Updates to the home include: Brazilian Teak floors throughout (except baths & kitchen), a 3.5-ton Heil HVAC and Roof in 2014, Trane 2.5-ton HVAC in 2022, Tankless gas water heater in 2025 and 2nd gas water heater in 2020. GE stainless steel Refrigerator, Gas Range and Dishwasher installed in 2021. Sugar Mill Country Club residents and members enjoy access to 3 Private Championship Golf Courses, Tennis and Pickleball Courts, a Clubhouse with Three Dining Options, Fitness Center, Pool and a Welcoming, Vibrant Community. This home combines Timeless Craftsmanship with a Serene Setting—don’t miss this GREAT opportunity to own a Rare piece of Paradise on Prestwick Drive. **Schedule your showing today!
Source: STELLAR #O6294795
Loan details
Neighborhood
45-day close guarantee
Close stress-free in 45 days, handled start to finish by Roam.
Roam Price Match
If you find a better price on any home, we’ll match it.
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.
Roam is committed to and abides by the Fair Housing Act and Equal Opportunity Act.