Seller will entertain offers from $1,275,000 to $1,299,000. Welcome to this exceptional estate home nestled in the highly sought-after Bella Vista Estates. Situated on a beautifully landscaped, fully fenced lot, this impressive residence offers the perfect blend of luxury, comfort, and everyday functionality. Step through the grand entry into an elegant interior highlighted by soaring ceilings, abundant natural light, timeless architectural details, formal living and dining rooms, and a dramatic double-sided fireplace shared between the living and family rooms. The beautifully appointed kitchen features granite countertops, extensive cabinetry, a center island, stainless steel appliances, and opens seamlessly to the family room, creating the ideal space for everyday living and entertaining. Designed for flexibility, the thoughtfully designed floor plan features a spacious primary suite, a secondary ensuite bedroom, an additional bedroom served by a third full bathroom, a dedicated executive office with custom built-in cabinetry, and a separate laundry room. The primary suite is a true retreat with vaulted ceilings, oversized picture windows, a cozy double-sided fireplace, an enormous walk-in closet, and a beautifully appointed bathroom featuring dual vanities, a soaking tub, and a separate shower. Step outside to your own private backyard retreat where expansive views provide the perfect backdrop for entertaining. Enjoy the Trex view deck, built-in BBQ, impressive stone outdoor fireplace, relaxing spa with tranquil water feature, extensive paver patios, and a dedicated outdoor living area with a built-in media wall, perfect for enjoying the game or relaxing with family and friends. Beyond the entertaining areas, the property offers generous usable yard space ideal for gatherings, lawn games, horseshoes, or simply enjoying the peaceful surroundings. A dedicated garden area, mature landscaping, and an incredible collection of producing fruit trees—including Haas avocado, apple, apricot, peach, nectarine, plum, grapefruit, lemon, and tangerine—make this outdoor setting truly special. Additional highlights include owned 24-panel solar, an instant hot water system, newer A/C condenser, epoxy garage flooring, built-in garage workbench and storage, a three-car garage, RV parking, a circular driveway, and a Tuff Shed for additional storage. Located in the desirable Bella Vista Estates, a community of approximately 60 homes with no HOA, this remarkable property offers an exceptional opportunity to enjoy luxury living with outstanding indoor and outdoor spaces.
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.
