4929 Tennessee Lake Dr, Auburndale, FL 33823
4 beds · 4 baths · 3,386 sqft
LUXURY LAKEFRONT LIVING IN A GATED COMMUNITY – BRING YOUR BOAT! Discover the perfect blend of elegance and resort-style living in this gorgeous Toll Brothers-built home, nestled in an exclusive gated lakefront community conveniently located between Tampa and Orlando, just minutes from I-4. Enjoy direct access to Lake Juliana, a stunning 924-acre boating and fishing paradise, with a private community boat ramp for endless water activities. This energy-efficient masterpiece sits on an oversized lot with serene views of lush trees and the lake, offering a sophisticated Florida-style open-concept design with impeccable architectural details. RESORT-STYLE AMENITIES & PRIME LOCATION Indulge in world-class amenities overlooking the pristine 106-acre Lake Tennessee, including: ? Resort-style pool ? Private boat ramp for skiing, canoeing & fishing ? State-of-the-art fitness center & clubhouse ? Tennis & basketball courts ? Playground & walking trails ? Two fish-stocked lakes for the ultimate angler’s retreat ELEGANT & FUNCTIONAL DESIGN Step into a grand two-story foyer showcasing a stunning wood & iron staircase. This thoughtfully designed 4-bedroom, 3.5-bath home offers an exceptional floor plan perfect for Florida living. ? Spacious 3-car garage with 2/1 split for added convenience ? Private home office with its own exterior entry door – ideal for remote work ? Grand first-floor master suite featuring tray ceilings, crown molding, and private French door access to the lanai ? Two separate walk-in closets & spa-like ensuite bath Upstairs, you’ll find: ? Three additional bedrooms, including one with a private ensuite bath ? Open loft area plus a full-sized bonus/family room LUXURIOUS FINISHES & MODERN CONVENIENCES ? Central vacuum system for effortless maintenance ? Brick-paved, screened lanai with French door access from both the family room & master suite ? Full-size pool bath with shower for easy outdoor living ? Tile roof & irrigation system for a beautifully maintained landscape PRIME LOCATION ? Brand-new Publix shopping center just around the corner ? Top-rated Berkley schools nearby This home offers the perfect balance of luxury, comfort, and outdoor adventure—a rare opportunity to enjoy lakefront living at its finest! Schedule your private tour today!
Source: STELLAR #L4951311
Financials
Source: STELLAR #L4951311
Source: Public records
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%. 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.
Other resourcesWhat 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.