199 Pine St, Homosassa, FL 34446
4 beds · 3 baths · 2,367 sqft
Experience unparalleled privacy in this remarkable home nestled on a generous .28-acre lot in Sugarmill Woods, this stunning 4-bedroom, 3-bathroom home is a true gem offering both privacy and sophistication. Boasting an open expansive floor plan and a wealth of updates, this residence is ideal for those seeking modern comforts paired with natural beauty. As you approach, the beautiful landscaping and inviting entry set the tone for what awaits inside. Through the leaded glass door, you’ll be greeted by gleaming travertine floors that flow seamlessly throughout the home, including the expansive lanai, offering a cohesive and elegant look. The formal living and dining areas are bathed in natural light, offering the perfect space to entertain or relax. These areas open effortlessly into the spacious family room and chef’s kitchen, where culinary enthusiasts will appreciate the rich wood cabinetry, gleaming granite countertops, and two oversized pantries. The kitchen's sunny eat-in nook overlooks the tranquil, fenced backyard, making it the perfect spot to enjoy your morning coffee & the views of the surrounding nature, with no rear neighbors. The owner’s suite is a true retreat, featuring new laminate wood flooring, a walk-in closet, and a luxurious en-suite bathroom. The updated bathroom includes double vanities with granite countertops, a relaxing garden tub, and a large walk-in shower—all framed by elegant travertine flooring. Three generously sized guest bedrooms offer plenty of space, each with ample closet storage, and are served by two updated guest bathrooms and a spacious laundry room. Step outside to your private lanai, where the travertine flooring continues, creating a seamless flow between the indoor and outdoor living spaces. Whether you're hosting guests or enjoying peaceful moments alone, the natural, wooded views and abundant wildlife make the perfect backdrop for relaxation. This home comes with numerous recent updates, including a new HVAC system (2022), roof (2015), water heater (2023), washer/dryer (2024), irrigation system (2020), and brand-new kitchen appliances (2024), ensuring it’s move-in ready for its next owner. Located in the highly desirable Cypress Village of Sugarmill Woods, the affordable $9/month HOA fee offers access to a peaceful and well-maintained community. Just 20 minutes from the Homosassa River, local wildlife parks, and the Gulf, this home combines the best of Florida living with convenient access to shops, dining, and the Suncoast Parkway. Don’t miss out on this incredible opportunity—schedule your private showing today! **Located in a USDA-eligible zone, this home offers a rare opportunity for qualifying buyers to take advantage of 100% financing options.**
Source: STELLAR #tb8319404
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #tb8319404
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: #tb8319404
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.