A Timeless Mediterranean Estate. An Italian-inspired masterpiece in Poway. Welcome to a rare and remarkable Mediterranean estate, custom-built from the ground up with artisan materials and finishes sourced directly from Italy. Set on over an acre of pristine land with no HOA and no Mello-Roos, this five-bedroom, four-and-a-half-bath residence is located within the prestigious Poway Unified School District and offers an unparalleled balance of elegance, privacy, and modern comfort. From the moment you arrive, the home reveals a level of craftsmanship seldom found, featuring exquisite Italian marble inlay flooring, grand architectural columns, graceful arches, and curated designer lighting that create an atmosphere of refined luxury and timeless sophistication. At the heart of the home, the magnificent great room showcases soaring vaulted ceilings, exposed beams, skylights, and a dramatic double-sided stone fireplace that seamlessly connects the living and dining spaces. Floor-to-ceiling windows and a private balcony frame sweeping canyon views, filling the home with natural light and serenity. The chef’s kitchen is both stunning and functional, appointed with granite countertops, premium Thermador appliances, an expansive island, wine storage, glass-front display cabinetry, and abundant custom storage. Oversized sliding doors open to elegant outdoor dining and entertaining areas, creating a seamless indoor-outdoor lifestyle. Designed for today’s discerning homeowner, the residence includes a private office and library with custom built-ins, along with multiple flexible works workspaces ideal for remote work and virtual meetings. A state-of-the-art three-stage air purification system, whole-home distributed audio, and integrated home theater speakers ensure comfort, wellness, and entertainment throughout. The luxurious primary suite serves as a private sanctuary with a secluded balcony, direct access to the sparkling in-ground pool and spa, and a picture window capturing breathtaking canyon vistas. Each additional bedroom is generously appointed, offering comfort and privacy for family and guests alike. Outdoors, the resort-style grounds provide a tranquil escape ideal for relaxation and entertaining, enhanced by lush landscaping, serene views, and thoughtfully designed gathering spaces. The experience is elevated by a custom imported Italian pizza oven and a fully built-in outdoor kitchen featuring a 42-inch Lynx grill and refrigeration, perfect for alfresco gatherings. Low-maintenance stone-paved gardens surround the home, while the fully irrigated hillside offers a unique opportunity for a private vineyard. This high-performance estate is as efficient as it is elegant, featuring 9KW SunPower solar panels and an oversized 3.5-car garage with a workbench and 220V power for electric vehicles. Its premier location offers the perfect balance of seclusion and convenience, situated within walking distance of Creek Road Ranch horse boarding and close to local dining and neighborhood essentials. This extraordinary estate presents a rare opportunity to own a bespoke Italian-inspired residence in one of Poway’s most desirable settings, where timeless architecture meets contemporary luxury living.
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.
