One or more photo(s) has been virtually staged. Get behind the gate of the highly sought-after Waterside community in Winter Garden. This extraordinary waterfront estate offers a rare blend of refined luxury, thoughtful design, and true lakefront living on Johns Lake. Built just six years ago and meticulously enhanced, this five-bedroom residence is primarily single-story, with the added flexibility of a private upstairs retreat featuring a spacious loft, full bedroom, and bathroom—ideal for guests, multi-generational living, or a quiet home office escape. From the moment you enter, the home makes a statement. Real, solid wood flooring flows throughout, adding warmth and authenticity that cannot be replicated with engineered alternatives. The expansive living areas were extended to create an open and inviting layout, perfectly suited for both everyday comfort and grand-scale entertaining. Dramatic waterfall-edge countertops anchor the kitchen and gathering spaces, blending modern elegance with timeless craftsmanship. The heart of the home extends seamlessly outdoors. An expansive, screened-in lanai overlooks the water, creating a true indoor-outdoor lifestyle. The electric, automatic screening system allows you to adjust the space effortlessly, making it enjoyable year-round. The outdoor kitchen is exceptional, designed for serious cooking and entertaining. It includes a Coyote gas grill, a Recteq pellet grill, a power burner, two outdoor refrigerators, a full-size sink, and a dedicated television—everything needed to host unforgettable evenings with friends and family. Beyond the lanai, the backyard opens to a large, fenced lawn that gently leads to your private dock on Johns Lake. The dock is fully equipped with a boat lift, as well as water and electricity, making lake access effortless and spontaneous. Whether you enjoy boating, fishing, or sunset cruises, this setting delivers the ultimate waterfront lifestyle. The saltwater infinity-edge pool is a showpiece, stretching an impressive 50 feet and designed to visually merge with the lake beyond. Heated by gas, the pool is ideal for both leisurely afternoons and evening swims, offering breathtaking views and a true resort-style experience in your own backyard. Inside, the home continues to impress with high-end features that elevate daily living. A tankless water heater ensures endless hot water, while a central vacuum system adds convenience and ease. The floor plan is both functional and elegant, offering five generously sized bedrooms and well-appointed bathrooms, all thoughtfully positioned to maximize privacy and flow. The property is further enhanced by lush landscaping and an abundance of fruit-bearing trees, including bananas, cherries, kumquats, and papayas, along with a beautifully maintained rose garden. These natural charms create a garden-like atmosphere that complements the lakefront setting. Located in gated Waterside, one of Winter Garden’s most desirable communities, this home offers privacy, exclusivity, and direct access to one of Central Florida’s most beautiful lakes, while remaining close to top-rated schools, dining, shopping, and major roadways. This is more than a house—it is a lifestyle defined by water, space, craftsmanship, and unforgettable outdoor living. Opportunities like this on Johns Lake are rare, and this residence stands apart in both design and execution.
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.
