3038 SW Gator Trl, Arcadia, FL 34266
5 beds · 4 baths · 3,347 sqft
Nestled on a sprawling 5-acre corner lot in the highly sought-after Hidden Acres section of Arcadia, this stunning Jacobson-built home offers the perfect blend of luxury, privacy, and functionality. With 5 bedrooms, 4 bathrooms, and a generous 3,347 square feet of living space, this residence is designed for both relaxation and entertaining. As you pass through the gate and down the shaded, tree-lined driveway, you’ll be greeted by the inviting front porch, the perfect place to unwind while enjoying the tranquility of the surrounding nature. Upon entering, the foyer opens to a spacious living and dining room, complete with soaring ceilings, crown molding, ceiling medallions, and beautiful porcelain tile flooring throughout. These elegant touches set the tone for the rest of the home, blending style and comfort effortlessly. The chef's kitchen features an abundance of counter space, breakfast bar with pendant lighting, and raised-panel cabinetry. A center island provides additional prep space, and large walk-in pantry closet ensures you have room for all your culinary essentials. Top-of-the-line Whirlpool stainless steel appliances along with a Frigidaire Gallery 40 cu. ft. refrigerator make meal prep a breeze. The kitchen is open to the formal dining/ living and family room, creating an ideal flow for family gatherings and entertaining. The primary bedroom is nothing short of impressive with an attached sitting room and a massive custom walk-in closet. The en-suite bath has been beautifully upgraded, featuring a large walk-in shower with dual showerhead's, an extended dual sink vanity with plenty of counter space, a dedicated make-up sitting area, and an abundance of storage. Three additional guest bedrooms are generously sized and share two well-appointed bathrooms, both with tiled walk-in showers, offering privacy and comfort for family or guests. Attached In-Law Suite - For those needing additional living space, the attached in-law suite is a standout feature. Measuring approximately 720 square feet, this fully equipped space includes its own private entryway with a handicap-accessible ramp, making it ideal for multigenerational living. The suite boasts a full kitchen with granite countertops, stainless steel appliances, a large pantry, and an open living area. The spacious primary bedroom comes complete with a luxurious-attached bath featuring a Roman-style shower. The entire in-law suite is designed with accessibility in mind, ensuring comfort and independence for its residents. Step outside through the sliding glass doors to the massive 34x32 screened lanai, a perfect spot for entertaining or enjoying peaceful moments surrounded by nature. The property is fully fenced with five gates and features several additional buildings, including a workshop, lofted sheds, and four carports of varying sizes, providing plenty of storage for equipment, vehicles, or hobbies. This home is also equipped with 34 solar panels, significantly reducing energy costs, and an ADP security system for peace of mind. The large laundry room offers additional storage space, a utility sink, washer, dryer, and a folding station. Whether you're seeking a peaceful retreat, a family compound, or a property that offers ample space for hobbies and storage, this home in Hidden Acres provides the ideal setting to enjoy the best of Florida living. Come experience the serenity and convenience that await you at this exceptional property.
Source: STELLAR #c7500226
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #c7500226
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: #c7500226
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.