301 Mill Pond Cv, Freeport, FL 32439
4 beds · 3 baths · 2,836 sqft
**Welcome to Your Dream Home in Hammock Bay's Buxton's Mill Community!**Nestled in the heart of the coveted Hammock Bay neighborhood, this stunning 4-bedroom, 3-bathroom home at 301 Mill Pond Cv offers the perfect blend of luxury, comfort, and community living.**Key Features:** **Spacious & Elegant Design:** Step inside to a bright and open floor plan with high ceilings and ample natural light, creating a warm and inviting atmosphere. The gourmet kitchen, complete with stone countertops, stainless steel appliances, and plenty of cabinet space, is a chef's delight. **Luxurious Master Suite:** Your private retreat awaits in the expansive master suite, featuring a spa-like bathroom with a soaking tub, double vanity, and a walk-in shower. The spacious walk-in closet offers plenty of storage space. **Whole House Generac Generator:** Enjoy peace of mind with a whole house Generac generator, ensuring uninterrupted power during any storm or outage. **Smart Home with Security System:** This home is equipped with smart home technology, including a state-of-the-art security system, providing you with enhanced convenience, control, and peace of mind. **Scenic Pond View:** Enjoy a tranquil view of the pond from the front of your home, adding a serene touch to your everyday life. **Expansive Lot:** Situated on over a 1/2 acre, this property boasts one of the largest lots in Buxton's Mill, providing ample space for outdoor activities, gardening, or future expansions. **Outdoor Oasis:** Enjoy Florida's beautiful weather in your large, fully fenced backyard perfect for entertaining, gardening, or simply unwinding. The covered patio provides a shaded area for relaxing with family and friends. **Unmatched Community Amenities:** Living in Hammock Bay means you'll have access to a wealth of amenities that cater to every lifestyle: **Resort-Style Pools:** Relax and unwind in the resort-style swimming pools, including a lap pool for exercise and a zero-entry pool for leisurely afternoons. **State-of-the-Art Fitness Center:** Stay active with a fully equipped fitness center offering a variety of exercise machines, weights, and group fitness classes. **Sports Complex:** Enjoy access to soccer fields, tennis courts, basketball courts, and even a disc golf course perfect for sports enthusiasts of all ages. **Scenic Trails:** Explore miles of scenic walking and biking trails, immersing yourself in the natural beauty of the community. **Canine Commons Dog Park:** A dedicated dog park where your furry friends can run and play off-leash in a safe environment. **Bay Club:** Host gatherings and enjoy breathtaking views of Choctawhatchee Bay from the exclusive bayfront clubhouse. **Community Clubhouse:** Engage with neighbors at the community clubhouse, which hosts a variety of social events throughout the year. **On-Site General Store:** Convenient shopping is just a short walk away at the on-site general store, perfect for picking up essentials. **Playground and Kids' Park:** A large playground area makes Hammock Bay an ideal community for families with young children. **The Green:** A central park that serves as the venue for community events, outdoor concerts, and movie nights. **Reflection Bay Lake:** A serene lake area within the community, offering a peaceful retreat and enhancing the natural beauty of your surroundings. **Prime Location:** Situated just a short drive from the pristine beaches of South Walton, shopping, dining, and excellent schools, this home offers the best of both convenience and tranquility. **Why You'll Love It:** Whether you're looking for a family home, a place to retire, or an investment opportunity, this property offers everything you need and more. With its prime location, stunning features, and access to unmatched community amenities, 301 Mill Pond Cv is not just a home it's a lifestyle. Own a piece of paradise in one of Freeport's most desirable communities!
Source: EMERALDCOAST #958328
Financials
Source: Public records
Source: EMERALDCOAST #958328
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.
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.
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.