Experience elevated lakefront living in this stunning pool home located within the gated community of The Manors of Crystal Lakes in Lutz. Perfectly positioned on a beautifully landscaped lot overlooking Strawberry Lake and zoned for A-rated Steinbrenner High School, this exceptional 5-bedroom, 4-bath residence blends timeless elegance, modern updates, breathtaking western sunset views, and an ideal layout for both everyday living and entertaining. Enjoy true Florida lakefront living with the ability to launch jet skis, kayaks, paddleboards, and more on a 40-acre ski lake. From the moment you arrive, the side-load 3-car garage enhances the home’s impressive colonial-style curb appeal. Enter through grand double front doors into a dramatic foyer featuring a sweeping staircase, soaring ceilings, luxury vinyl plank flooring throughout the downstairs living areas, and formal living and dining spaces accented with crown molding. The impressive two-story family room is filled with natural light from upper accent windows and showcases a striking white brick fireplace and French doors leading to the lanai, creating a seamless indoor-outdoor flow. Open to the family room is the beautifully renovated gourmet kitchen designed with both style and functionality in mind. Highlights include bright white cabinetry, white subway tile backsplash, updated designer lighting, a large center island with seating, extensive pantry storage, and a farmhouse sink perfectly positioned beneath a picture window overlooking the pool and lake. Premium appliances include a GE Profile gas range with pot filler, custom vent hood, GE double ovens, Samsung refrigerator, and GE microwave. The breakfast nook is surrounded by floor-to-ceiling bay windows and offers direct access to the outdoor living space. The first floor also features a private guest bedroom with a walk-in closet, tranquil pool and lake views, and convenient access to a full pool bath with walk-in shower. Upstairs, a spacious loft with built-in shelving overlooks the main living area below, creating the perfect flex space for a media room, office, or play area. Three secondary bedrooms all feature walk-in closets. Bedroom two showcases a stylish brick accent wall with beautiful pool and lake views, while bedroom four includes its own ensuite bath with an updated tile shower. New luxury vinyl plank flooring was installed in the upstairs loft and hallway in 2026, and the upstairs laundry room adds everyday convenience. Privately situated on the opposite side of the second floor, the luxurious primary suite is a true retreat featuring its own fireplace, French doors opening to a private balcony, breathtaking western-facing sunset and lake views, oversized his-and-her walk-in closets, and a beautifully remodeled spa-inspired bath complete with porcelain tile, separate quartz vanities, and a large glass-enclosed shower with multiple shower heads. Step outside to your private outdoor oasis featuring a covered lanai, sparkling pool and jetted spa, fenced backyard, and stunning western sunset views across the lake. Additional highlights include a water softener, resurfaced pool (2018), fresh exterior paint (2026), NEW ROOF (2025), and dual AC systems replaced in 2026 and 2021. Conveniently located near Downtown Tampa, I-275, Dale Mabry, premier shopping and dining, hospitals, and top-rated schools, this extraordinary lakefront residence offers the perfect blend of luxury, comfort, and Florida lifestyle 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.
