tomo logo

$849,900

Beds
3
Baths
3.5
sq ft
3,290

502 Ridge Lake Rd, Crestview, FL 32536

502 Ridge Lake Rd

Crestview, FL 32536

  • 103 days on market
Seller is offering to pay all closing costs for this lovely updated home on approximately FIVE ACRES of LAKEFRONT property in central Crestview. Possible 4th bedroom with closet and half bath is located in the basement. It has a separate entrance and is presently used as a home office. This would make a nice guest suite or mother-in-law quarters. Two patio areas and a large (20x40) SPARKLING IN GROUND POOL with new liner. Triple car detached garage has an entire floor above it accessible by a regular staircase for tons of storage. Don't let the year built fool you. This home has been constantly updated since it was constructed. The plan features a formal living room (presently used as a study) and a formal dining room, a den with fireplace off the kitchen, and a large family room with tongue and groove cathedral ceiling featuring another beautiful stone fireplace. Unlike most of the fireplaces that are made up of metal inserts and installed in homes in recent years, both of these fireplaces are of solid masonry construction. The gas logs that are installed in them can be removed and you can build a ROARING real wood fire if you want to. The kitchen in this home features beautiful wood cabinetry with quartz counter tops, commercial Wolf dual fuel gas range with six burners, two ovens, and a grill, a commercial exhaust fan, Sub-Zero refrigerator, and Kitchenaid dishwasher with third rack. There is a large walk-in pantry and bay windowed breakfast room with fabulous water views. Ample sized secondary pantry/storage room off of the large family room. The master suite has a big walk-in closet off the master bath and a smaller one in the bedroom. An expansive back porch overlooks the pool and lakes and is breezy and comfortable. A new dimensional shingle roof was installed in 2021. Approximately five acres of lakefront are offered in the sale. The house and land is surrounded on the back and one side by large lakes. They are fully stocked and lots of bream, bass, croppie, and catfish are just waiting for you to catch them! There is a dock for you to fish from or you can canoe, paddle, or kayak around any of the lakes. This property is one of the most beautiful pieces in Crestview. Besides having gorgeous lake and sunset views, the property has some plum, pear, and fig trees that all produce plentiful fruit. There is a large area behind the garage where the sellers have grown an abundant vegetable garden many times. Besides the approximately five acres offered with the house there is an additional beautiful lakefront lot on the east side of the house that the sellers will sell separately, offering it first to the buyers of the house. There is a little playhouse on the property that was fun for lots of children over the years. It needs some work and is being offered in "as is" condition. Also, there is an in ground sprinkler system that is fed by a five HP pump in the lake and it covers the entire property. The system is also being offered "as is". There is a basketball court near the pool that has held many a spirited game! This property is located in the COUNTY so NO CITY TAXES!!! This is a unique, one of a kind property that very rarely comes along. You would absolutely love living here.

Details

Property type

Single Family Residence

Est. home value

$721,789

Lot size

5.00 acres

Price per sq ft

$259

Year built

1974

Price History

09/10/2024
EmeraldCoast

EmeraldCoast #958861

Listed
$849,900
+14.87%
09/09/2022
EmeraldCoast

EmeraldCoast #899493

Sold
$739,900

Schools & Community

Elementary school: 

Bob Sikes

Middle school: 

Davidson

High school: 

Crestview

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

Ameris Bank

Loan start date

September 2022

Original loan amount

$647,200

Est. remaining balance

$627,032

Interest rate

5.54%

Loan type

New Conventional, 30 year

Seller

Joseph R K Davis

Lender

Ccb Community Bank

Loan start date

October 2010

Original loan amount

$50,000

Est. remaining balance

Not provided

Interest rate

3.56%

Loan type

Credit Line (Revolving)

Seller

Marvin E Davis and Toni F Davis

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?

Similar Homes Nearby

EmeraldCoast
$849,900
3 bd
|
2.5 ba
|
2,543 sq ft
|
House

5740 Highway 85 N, Crestview, FL 32536

EmeraldCoast
$879,000
4 bd
|
2.5 ba
|
3,004 sq ft
|
House

5972 Linene Dr, Crestview, FL 32536

Price drop
EmeraldCoast
$829,900
4 bd
|
4.5 ba
|
4,458 sq ft
|
House

2735 Lake Silver Rd, Crestview, FL 32536

Status: Active

Tomo last checked: 12/22/2024 at 9:00 PM

Listing updated: 11/14/2024 at 12:17 PM

Listed by: Toni Davis, Toni F Davis, Toni Davis, Toni Davis, Toni F Davis, ERA American Real Estate Phone #: (850) 651-2454

MLS: EmeraldCoast #958861

EmeraldCoast logo

Recently listed in Crestview

$349,900|4 bd|3.0 ba|House
$430,000|3 bd|2.5 ba|House
$387,900|4 bd|2.0 ba|House
$389,000|5 bd|2.5 ba|House
$549,900|5 bd|2.0 ba|House
$265,000|3 bd|2.0 ba|House