Located 10 minutes from Eglin AFB and 18 from Hurlburt Field, this 3-bedroom, 2.5-bath home in Crosswinds Landing is the largest move-in-ready detached home currently available in the neighborhood -- and priced below every comparable that has sold here in the past year. Here's what changed: a prior buyer canceled after an inspection report. The sellers addressed every single item on that report -- and then kept going. Roof new (2022). Gas HVAC. New hot water heater (June 2026). Brand new carpet in the master bedroom and entire second floor. Epoxy-coated garage floor. Backyard tree removal flooded the kitchen with natural light and opened the yard to something you have to see in person to appreciate. 2,130 square feet. Master on the first floor. Cathedral and vaulted ceilings. Skylights. Gas fireplace. Fenced backyard. Attached garage. Quiet cul-de-sac. The layout works -- open where it should be, private where it matters. VA, FHA, and Conventional financing accepted. For a VA buyer, the numbers work -- little to no money down, a payment that competes with rent, and equity that's yours from day one. The work is done. The price reflects it. This one is ready. The Full Story on 1405 Ariel Lane Some homes sit on the market because they're overpriced. Some because they need work. This one sat because a buyer got cold feet after an inspection report. The sellers responded by fixing everything on that list -- and then investing further. What you're looking at today is a home that has been more thoroughly prepared for its next owner than most new listings ever are. What Has Been Done -- The Full Investment Timeline Roof replaced (2022) -- composite shingle, full replacement, not a patch job. Gas HVAC system -- well-maintained, gas throughout the property including fireplace and water connections. Brand new hot water heater -- installed June 2026. Not a concern for any buyer or inspector. All inspection report items addressed -- every line item from the prior buyer's report was remediated. A summary is available upon request. Brand new carpet -- master bedroom and the entire second floor. Fresh underfoot, nothing to negotiate. Epoxy-coated garage floor -- fully finished, clean, and a standout feature that buyers notice immediately. Large backyard tree removed -- this is the most recent and most visible change. The kitchen now receives significantly more natural light than photos currently reflect, and the backyard reads substantially larger in person. This is a home you need to walk through. Location -- Built for Military Families Crosswinds Landing sits in one of the most consistently in-demand corridors in the Fort Walton Beach market -- and for good reason. The commute math is simple: 10 minutes to Eglin AFB's main gate, 18 minutes to Hurlburt Field, 20 minutes to the EOD School. For active duty or recently separated military, this address eliminates the commute problem entirely. The neighborhood itself is established, well-maintained, and owner-occupied. HOA dues are $200 per year -- essentially nominal. Schools are zoned for Longwood Elementary, Pryor Middle, and Choctawhatchee High School. And the Emerald Coast beaches are less than 20 minutes away. The Home -- Layout and Features At 2,130 square feet, this is the largest detached home currently available in Crosswinds Landing. The floor plan is designed for how families actually live: master suite on the first floor with double vanity and garden tub, two additional bedrooms upstairs, open main living area with cathedral and vaulted ceilings, skylights, and a gas fireplace that anchors the room. The fenced backyard on a quiet cul-de-sac lot gives you privacy without maintenance burden. The attached two-car garage -- with its new epoxy floor -- is finished and functional from day one. Gas hookups throughout mean lower utility costs and real cooking capability. The Value Case -- By the Numbers Comparable detached homes in Crosswinds have sold over the past year at $210-$235 per square foot. At $399,999 on 2,130 square feet, this home is priced at $188 per square foot -- meaningfully below every sold comp in the neighborhood. The closest active competitor, a 3-bedroom home on Mariah Way with 765 fewer square feet, recently went pending at $375,000. For a VA buyer using full entitlement, little to no down payment is required. At current rates, the monthly payment on this home competes directly with what quality rentals in this corridor are commanding -- with the critical difference that every payment builds equity in an asset you own. If you've been searching this corridor and keep running into competition, multiple offers, or homes that need work -- this is the one that's available, prepared, and priced to move. Schedule a showing through Shannon Clark at 850-543-5728. Come see what the photos haven't caught up to yet.
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.
