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$799,000

Beds
3
Baths
3.0
sq ft
2,621

42295 Lake Timber Dr, Punta Gorda, FL 33982

42295 Lake Timber Dr

Punta Gorda, FL 33982

  • 68 days on market
    • Price drop $26,000↓
LOCATION, LIFESTYLE & LUXURY! This home is a Babcock Ranch Trifecta! LAKE TIMBER is an 80 acre lake and one of the few native, natural waterways in Babcock Ranch. This oversize homesite is almost a half acre and enjoys 157 feet on the water and is one of the largest lake lots in Babcock. The home built by STOCK Custom Homes is FLORIDA’S LEADING LUXURY BUILDER and they select prominent homesites to develop exceptional homes with amazing views. Get ready to enjoy timeless Florida character infused with a touch of modern luxury. This Stock Homes Siesta model floorplan offers 3 spacious bedrooms (two en-suite), a large den, 3 full bathrooms and a beautiful greatroom design. Almost every room has expansive views of the large lakefront setting. The incredible kitchen has abundant shaker style cabinets, Quartz countertops, tiled backsplash, under cabinet lighting, crown molding and soft close drawers, natural gas and the largest kitchen island you’ll ever enjoy!. The best surprise is the amazing walk in pantry sure to please every chef! The master suite is luxurious with a soaking tub, dual sinks and large walk in shower. Many extras: 8’ impact glass windows/doors, 2022 whole house generator, paver driveway and lanai and 3 car garage with epoxy floor finish. The side loading three car garage boasts 792 square feet, with room for your community golf cart. You will fall in love with the endless water views Lake Timber offers. Experience the ultimate lakeside lifestyle, where serene water views, gentle breezes and endless outdoor adventures—plus the daily delight of watching local wildlife, fowl, and fauna from your back lanai. There is plenty of room to add a swimming pool and outdoor entertainment area. The Lake Timber neighborhood is walking distance to Founders Square and all of the amazing Babcock Ranch amenities. Lake Timber, which is one of the two original neighborhoods in Babcock Ranch, feature larger lots with better views and more architectural diversity than other neighborhoods. Other Babcock neighborhoods outside of Lake Timber charge an association fee on top of the Babcock Ranch HOA. There is only ONE low association fees at Lake Timber of only $150 per month and includes fiber optic internet and access to the Lake Timber Lodge amenity center. Babcock Ranch is a solar-powered community with easy access to numerous amenities. Enjoy shopping (including grocery), dining, services (gym, dentist, etc.), festivals, farmer's markets, concerts, and more—all accessible by golf cart! The area features multiple playgrounds, parks, dog parks, and miles of kayaking, biking and walking paths. There's also a K-12 school with a new sports complex and football and baseball fields. A skate park and additional parks along nature trails are in development. Visit this beautiful, like-new home and experience this fantastic community today! Embrace the sunshine and make America’s first solar-powered town your new favorite place to call home.

Details

Property type

Single Family Residence

Est. home value

$970,358

Lot size

0.45 acres

Price per sq ft

$305

Year built

2018

Annual property taxes

$9,060.9

HOA

Yes

Price History

12/21/2024

FGCMLS #224078757

Price change
$799,000
-3.15%
12/06/2024

FGCMLS #224078757

Price change
$825,000
-2.94%
10/16/2024

FGCMLS #224078757

Listed
$850,000
+49.12%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool, Street Lights

Number of units in community: 

1

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Discover Bank

Loan start date

November 2023

Original loan amount

$275,000

Est. remaining balance

$268,288

Interest rate

7.49%

Loan type

New Conventional, 20 year

Seller

Rodney J Smith and Jaritza Smith

Lender

The Mortgage Warehouse

Loan start date

September 2019

Original loan amount

$270,000

Est. remaining balance

$190,546

Interest rate

3.05%

Loan type

New Conventional, 15 year

Seller

Rodney J Smith and Jaritza Smith

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 12/24/2024 at 1:20 PM

Listing updated: 12/23/2024 at 12:38 PM

Listed by: Paula Hellenbrand, Encore Realty Services Inc Phone #: (239) 542-4600

MLS: FGCMLS #224078757

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