Quite simply… this is the dream! Hands down fabulous with all the wonderful you have been looking for! Built by renowned FHR Premier builder John C. Fowke and tucked behind the gates of one of FishHawk Ranch’s most exclusive villages. The lot has a long driveway for days of outside enjoyment on your private cul-de-sac. Living will be so easy in this home, and the exceptional schools will be just a minute away! Can’t imagine that there is a better village, better street, better cul-de-sac, and I know this is the best house! This is a truly extraordinary custom estate showcasing exceptional craftsmanship and extensive modern updates, including a true 6-bedroom layout. Positioned on a sprawling pie-shaped homesite, the home captivates with its striking elevation, tile roof, grand columns, turret accents, side-entry garage, and private gated courtyard entry. Fresh exterior paint (2024), redesigned landscaping, and elegant landscape lighting (2025) complete the impressive exterior. Rich travertine flooring, extensive custom millwork, crown molding, oversized baseboards, soaring ceilings, and fresh interior paint create an elegant interior. Updated flooring in the main living areas (2024) and hardwood flooring in the primary suite (2022) further enhance the home’s desirability. The executive office features floor-to-ceiling custom built-ins, while the formal living room showcases a dramatic coffered ceiling, stone fireplace, elegant architectural details, and sweeping views of the lanai and pool. A temperature-controlled wine cellar designed to accommodate hundreds of bottles is a rare luxury feature. The 2023 renovated kitchen serves as the centerpiece of the home with updated cabinetry, designer backsplash, luxury countertops, custom wood hood vent, Sub-Zero refrigerator, and premium Miele appliances including a built-in coffee maker (2025), microwave (2024), and dishwasher (2025). An oversized seamless mitered window overlooks the resort-style lanai and pool. The adjoining family room features two sets of pocket sliders, creating seamless indoor-outdoor living. Privately situated on its own wing, the owner’s retreat includes a sitting area with lanai access, dual custom walk-in closets, and a spa-inspired bath with dual vanities, jetted soaking tub, and oversized walk-in shower with triple shower heads. Updated designer lighting adds a modern finishing touch. The thoughtfully designed four-way split floorplan provides privacy for family and guests alike, while the upstairs bonus room, complete with a wet bar, creates the perfect entertaining space. Outside, the oversized screened and pavered lanai features a sparkling pool and heated spa complemented by dramatic rock features, rich wood ceilings, stacked stone accents, an outdoor kitchen, and a stunning gas fireplace. Additional updates include custom window treatments and framing (2025), updated ceiling fans (2025), shiplap feature walls and painted cabinetry (2022), designer lighting updates in the entry, dining room, and primary suite, MyQ smart garage technology, and a permitted 220 electric vehicle hookup (2024). Located in FishHawk Ranch and zoned for top-rated schools, including Bevis Elementary, Randall Middle, and Newsome High School, residents enjoy resort-style amenities, parks, trails, and convenient access to Downtown Tampa, beaches, and Orlando attractions. A rare opportunity to own one of FishHawk Ranch’s most exceptional custom homes.
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.
