830 Bayridge Ln, Port Orange, FL 32127
5 beds · 5 baths · 3,724 sqft
Under contract-accepting backup offers. Welcome to this stunning 5-bedroom, 4.5-bath estate home that redefines luxury living. With over 3,700 square feet of beautifully designed space, a 3-car garage, separate offie and a spacious detached workshop/garage, this home offers everything you need to live comfortably and stylishly. Start your day in the grand master suite, where the large windows fill the room with natural light. The ensuite bathroom is your personal spa, complete with a soaking tub and a separate walk-in shower. The walk-in closet provides ample space for all your wardrobe essentials, helping you keep your mornings organized and stress-free. The heart of the home is the large eat-in kitchen, perfect for both casual meals and gourmet cooking. High-end appliances, custom cabinetry, and ample counter space make meal prep a pleasure. Just steps away, the formal dining room sets the stage for memorable dinners with family and friends. The cozy living room, featuring a warm fireplace, is ideal for relaxing evenings or lively gatherings. If you work from home, the private office with its own exterior entry provides a quiet, dedicated space to focus and be productive. The first floor also includes a second ensuite bedroom, ideal for guests or extended family, ensuring everyone has their own comfortable space. Upstairs, two spacious bedrooms each feature private balconies, perfect for enjoying a morning coffee or unwinding after a long day. A third bedroom adds even more space for family or guests. Throughout the home, travertine tile and waterproof cork floors add both elegance and durability. Step outside to your personal oasis—a resort-style pool and hot tub set on 1.34 acres of lush land. This expansive outdoor area is perfect for hosting barbecues, pool parties, or simply enjoying the beautiful Florida weather in peace. Located in Port Orange, this home offers privacy while being just minutes from I-4, I-95, the Port Orange Pavilion, shopping, medical facilities, and top-rated schools. And with the beach just 20 minutes away, you’ll enjoy the best of both convenience and coastal living. This home isn’t just a place to live—it’s a place to truly thrive.
Source: STELLAR #o6231178
Source: STELLAR #o6231178
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: #o6231178