1016 Summit View Ln, Alpharetta, GA 30004
6 beds · 7 baths · 6,597 sqft sqft
**Exquisite Luxury in Prestigious Country Club Community** Welcome to an unparalleled living experience in one of the most sought-after country club communities in North Atlanta. This incredible home masterfully blends sophistication with modern elegance and an entertainer's dream. Offering 6 gorgeous bedrooms, including a luxurious primary suite and a second en-suite on the main floor, each bedroom boasts beautifully appointed bathrooms, along with a stunning half-bath also on the main floor. Step into the heart of this stunning home where an open-concept family room, featuring 10-foot-high ceilings and gourmet kitchen create the perfect space for both intimate gatherings and grand celebrations. The kitchen is a culinary masterpiece, featuring top-of-the-line appliances, sleek countertops, and custom cabinetry. The family room offers a large inviting covered porch for a stunning view down to the pool and grand back yard. A large separate dining, elegant club room and a newly renovated laundry and coffee/butler's pantry are just some of the gorgeous spaces to enjoy on the main floor. Beyond the interiors, the outdoor space is a true retreat. Immerse yourself in the serenity of the custom-designed pool and hot tub, complemented by a charming pool cabana. The cabana's stack stone fireplace invites cozy evenings and sophisticated outdoor entertaining. With a level back yard and premium privacy, it is truly an entertainer's oasis. The terrace level is a haven of leisure and luxury, showcasing an expansive theater room ideal for cinematic experiences, a gorgeous gym for your fitness regimen, a craft room that could easily convert to any flex space your heart desires, and additional bedroom or office. Finally, step into the modern luxury of a gorgeous newly added secondary kitchen with an expansive wine cabinet and a bar that is perfect for crafting cocktails and creating unforgettable moments. The new floor-to-ceiling Panorama slider doors seamlessly connect these spaces to the pool area, ensuring effortless indoor-outdoor living and entertaining. This residence is not just a home; it is an embodiment of refined luxury and timeless elegance, promising an extraordinary lifestyle in a prestigious community. The Manor amenities include gated/guarded 24/7 access, a clubhouse with a restaurant, bar, indoor and outdoor swimming pools, indoor/outdoor tennis courts, and a gym. A private golf course designed by Tom Watson is available via membership. This home will not last, so don't miss your chance to make this gorgeous home yours!
Source: GAMLS #10397337
Interest rate and monthly payment estimated based on public records.
Source: GAMLS #10397337
Source: Public records
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
Whether you have an agent or you’re just starting your search, reach out to us and we’ll help set up a home tour.
Roam works with you, your agent, and the listing agent to prepare a mortgage assumption agreement and finalize all details.
Roam coordinates all parts of the transaction and keeps all parties up to date to provide a seamless 45-day close.
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.
What is Roam?
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.
What is an assumable mortgage?
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.
Why is an assumable mortgage valuable?
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.
How can you find assumable mortgage listings?
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 “Get Notified” 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.
How do I qualify for an assumable mortgage?
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.
MLS ID: #10397337
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.