2085 Lynnwood Ct, Dunedin, FL 34698
7 beds · 4 baths · 4,630 sqft
Get a free consultation call with an expert in the mortgage assumption process.
Luxury Multigenerational Home in Dunedin, Florida – A Private Oasis on ¾ Acre Backing Onto Conservation Land Welcome to an extraordinary opportunity to own a truly unique luxury home in the highly sought-after town of Dunedin, Florida. Nestled on ¾ of an acre and backing onto a serene conservation area, this stunning multigenerational residence offers a rare blend of privacy, spaciousness, and modern elegance. Currently designed to accommodate an extended family, the home is thoughtfully divided into three distinct living spaces: West Wing: A beautifully updated 3-bedroom, 2-bathroom home featuring an open-concept kitchen and living area. The luxury primary suite boasts a sauna, walk-in shower, and separate soaking tub. The second bathroom is fully wheelchair accessible and adjoins a full-size laundry room. The gourmet kitchen is equipped with solid wood cabinetry, quartz countertops, and a breakfast bar. Expansive windows offer breathtaking views of the pool and conservation area, while wood plank-style tile flooring runs throughout most of this space. East Wing: A versatile 3-bedroom, 1-bathroom layout (one bedroom does not have a built-in closet), with an open-plan kitchen, dining, and living area. This space features a wood-burning fireplace, a private laundry room, and access to the oversized three-car garage. Private In-Law Suite: A fully self-contained apartment with a private entrance, featuring a kitchen/living area, bedroom, bathroom with walk-in shower, and laundry room. The bedroom offers tranquil views of the pool and conservation land. Outdoor Paradise – A True Florida Retreat Step outside to discover an expansive tropical oasis designed for relaxation and entertainment. The screened-in lanai features a swimming pool with a fountain, an outdoor kitchen, multiple lounging areas, and a TV zone. Beyond the lanai, the sprawling backyard boasts a fire pit and ample space for outdoor gatherings—all set against the backdrop of Florida’s natural beauty with no rear neighbors. With substantial parking space, this property easily accommodates multiple vehicles, boats, and RVs. Prime Location – Experience the Best of Dunedin This remarkable home is just 10–15 minutes from Downtown Dunedin, one of Florida’s most vibrant and walkable downtown areas, known for its charming boutiques, restaurants, and lively bar scene. A 15–20 minute drive brings you to the breathtaking beaches of Honeymoon Island State Park, making this the ideal location for those who love coastal living. Meticulously updated and renovated over the past five years, this is truly three homes in one, designed for both privacy and togetherness. Don’t miss the chance to experience this one-of-a-kind Dunedin estate. Schedule your private tour today! (check out the 3D virtual tour and floorplan for full property dimensions.
Source: STELLAR #TB8362135
Learn about how it works
Why Roam
Gap financing to lower your down payment
Unlock down payments as low as 5% – only with Roam
5x the likelihood your offer is accepted
If a purchase takes longer than 45 days, we’ll cover the seller’s mortgage until you close
Close faster and stress-free
We close 2x faster because of our deep experience and lender relationships
Rates and payments are estimates based on public records.
Source: Public records
All values shown are estimated costs / mo.
Source: Public records
Source: STELLAR #TB8362135
To qualify, you must meet the current FHA or VA 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%. 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.
FHA (Federal Housing Administration) loans
FHA loans require the buyer to assume the mortgage as a primary residence.
VA (Veteran's Affairs) loans
You don't have to be a veteran to assume a VA loan. However, not all veterans are willing to let a non veteran assume their mortgage. Roam confirms the seller's willingness prior to you making an offer.
Investors
You may be able to assume a VA mortgage as an investor without it being your primary residence.
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.
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.
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 620, 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.
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.