6665 Merryvale Ln, Port Orange, FL 32128
5 beds · 5 baths · 3,737 sqft
Welcome to your move-in-ready, luxury estate pool home in the highly sought-after gated community of Covendale in Waters Edge. This home is designed for both luxury and comfort, starting with the beautifully renovated kitchen—a chef’s dream with quartz countertops, a marble backsplash, brand-new stainless steel appliances, and a custom range hood. The open layout seamlessly connects the kitchen to the living and dining areas, making it perfect for entertaining. The primary suite is its own private retreat, offering two spacious walk-in closets and a spa-like en-suite bathroom with a walk-in shower and Jacuzzi tub—perfect for unwinding at the end of the day. Thoughtfully designed with comfort in mind, the first floor also includes a dedicated office, formal dining area, and a convenient laundry room. Upstairs, the home continues to impress with two oversized bonus rooms, each with their own private baths and access to a covered patio overlooking the lake. It’s an ideal setup for extended family, guests, or even a media room or game space. But the real showstopper? The outdoor oasis. Step outside to a heated pool and spa, summer kitchen, and a spacious pool deck, all with tranquil lake views. Whether you’re hosting a weekend barbecue or enjoying a quiet morning by the water, this backyard is built for Florida living at its best. With a brand-new roof, three new A/C systems, fresh interior and exterior paint, and a recently resurfaced pool, this home has been thoughtfully maintained and is completely move-in ready. Located in the exclusive gated community of Covendale at Waters Edge, you'll enjoy the perfect balance of privacy and convenience-- just minutes from top-rated schools, shopping, dining, and the beach. Don't miss the chance to make this incredible home yours--schedule your private tour today!
Source: STELLAR #NS1084166
Send questions to support@withroam.com
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
Source: STELLAR #NS1084166
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. When you apply for the loan, you must attest that the home will be your primary residence for 12 months to be approved for an FHA assumption. Most lenders will ask that you move in within 60 days.
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 “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.
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 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.