Nestled on a cul-de-sac in the highly desirable Laurel Island Plantation golf community, this beautifully maintained home offers exceptional curb appeal, thoughtful updates, and resort-style outdoor living. Conveniently located just 13 minutes from Kings Bay Naval Submarine Base, 28 miles from Jacksonville International Airport, 26 miles from Amelia Island, 45 minutes from Jekyll Island, and only 2.5 miles from Publix, shopping, and dining. The stately stucco exterior is complemented by a courtyard-entry garage, lush St. Augustine lawn, palm trees, azaleas, crepe myrtles, and thoughtfully designed landscaping that provides both beauty and privacy. A winding walkway leads to the backyard, where you'll find a screened, heated inground pool with a waterfall feature, covered lanai, open deck overlooking the community pond, and multiple spaces designed for relaxing or entertaining. Inside, a welcoming foyer is filled with natural light from a decorative front door with an arched transom window. Dramatic archways lead to the formal dining room featuring a cathedral ceiling and crown molding. Double French doors open to a dedicated office that can also serve as a fourth bedroom. Italian porcelain tile designed to resemble wide-plank hand-scraped wood flows throughout much of the home, including the foyer, dining room, office, living room, kitchen, breakfast nook, primary suite, guest hallway, laundry room, and guest bath. Crown molding enhances the foyer, living room, office, kitchen, and breakfast nook. The spacious living room centers around a gas fireplace with decorative tile surround and custom built-in cabinetry accented with dentil molding. French doors provide direct access to the lanai, seamlessly blending indoor and outdoor living. The centrally located kitchen features Cambria quartz countertops, an arabesque tile backsplash, raised-panel wood cabinetry with convenient pull-out shelving, a corner pantry, breakfast bar, and stainless steel appliances, including a double-oven range. The split-bedroom floor plan offers privacy, with two guest bedrooms located on the opposite side of the home. They share a full bath with a double-sink vanity and tub/shower combination. The nearby laundry room includes cabinetry, a utility sink, and hanging space for added convenience. Privately situated on its own wing, the primary suite is accessed through a small foyer and features French doors opening to the lanai with peaceful views of the pool, landscaped backyard, deck, and pond. A double-step tray ceiling adds architectural interest. The ensuite bath includes dual vanities with a dedicated makeup area, a large jetted soaking tub, tiled shower, private water closet, linen closet, and a spacious walk-in closet with abundant shelving, hanging space, and a window for natural light. The oversized courtyard-entry garage offers the footprint of a three-car garage while featuring a two-car overhead door, providing exceptional storage and workspace. Additional features include epoxy-coated flooring, built-in storage cabinets, pull-down attic stairs with floored attic storage extending the length of the garage, and a whole-house water softener. A new roof will be installed prior to closing, offering added peace of mind for the new owner. Laurel Island Plantation offers low HOA dues with access to a community pool, tennis courts, playground, wide sidewalks, and the Davis Love III-designed golf course. The neighborhood clubhouse features a full-service restaurant and bar, completing the resort-style lifestyle this exceptional home provides.
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.
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.
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.
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.
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.
When assuming the existing mortgage as part of a home purchase, the buyer has to cover the seller’s equity in the home. The seller’s equity is the purchase price minus the remaining mortgage balance. This amount must be covered in full through an all-cash down payment or by taking out a second mortgage.
Yes. Non-veterans can assume a VA loan, provided they meet the lender’s VA criteria. When a qualified buyer assumes a VA mortgage from a veteran or active-duty service member, the seller’s VA loan entitlement remains tied to the assumed loan until the buyer pays off or refinances the loan. This process restores the veteran seller’s entitlement, enabling them to use their VA benefit for a future home purchase.
Yes. All FHA loans are assumable by law as long as the buyer meets the FHA’s credit, income, and qualification requirements and obtain lender approval before assuming the loan (per FHA regulations effected December 15, 1989). Roam makes this process simple for buyers.
Generally, conventional loans are not assumable. In rare cases, a conventional loan may be assumable with lender approval. Use our search tool to find homes with assumable low-rate loans, or reach out to us if you’d like to confirm a specific home’s assumability.
