Welcome to your private retreat-an exceptional 3-bedroom, 2.5-bath estate nestled on 13.7 acres at the end of a quiet, dead-end street. From the moment you enter through the gated driveway, you'll appreciate the perfect blend of privacy, comfort, and timeless craftsmanship this four-sided brick home offers. Designed for both everyday living and unforgettable entertaining, the outdoor space is truly a showstopper. Enjoy warm summer days by the impressive 20 x 40 in-ground heated pool, complete with a diving board, fountains, and sun ledge, or host gatherings on the expansive brick patio that overlooks your serene backyard oasis. You will especially enjoy the backyard oasis when you're using your brick oven. Inside, the home welcomes you with a thoughtfully designed layout. The foyer is flanked by a formal dining room and a dedicated office with full glass doors and a barrel vaulted ceiling finished in beautiful wood. As you head towards the kitchen, you'll find a bar with a Subzero Wine cooler with cooling drawers, and it serves as the perfect coffee bar. It's right next to the sitting area that can double as a breakfast room. A versatile keeping room (ideal as a secondary dining space or sitting area) connects seamlessly between the kitchen and the screened-in porch. It has 2 wonderful skylights with solar-powered, built-in blinds and provides the perfect spot to relax with your morning coffee or unwind in the evening while taking in peaceful views of the property. The kitchen itself features travertine floors, a large island, beautiful custom cabinetry, granite countertops, and a cozy ambiance enhanced by a triple-sided fireplace, perfect for cooler months. On the other side of the three-sided fireplace, the vaulted ceiling in the living room has two skylights that have built-in solar-powered blinds. The living room boasts a wall of windows that fills the space with natural light and offers picturesque views of the backyard and patio. The main level also includes a convenient Jack-and-Jill bathroom connecting the office (or optional fourth bedroom/library/craft room) to a secondary main-level bedroom. The oversized primary suite is a true sanctuary, featuring a private flex space ideal for a yoga studio or home office, along with a spacious walk-in closet showcasing stunning new hickory wood floors. The ensuite bath is equally impressive, complete with a luxurious stone shower with dual shower heads, a soaking tub overlooking the private landscape, and double vanities all set on beautiful travertine floors. There's a private door off the master suite to take you straight onto the back patio. You will find double-pane aluminum clad casement windows along with solid core doors throughout the house. Upstairs, you'll find a charming loft that overlooks the living room, along with a generously-sized third bedroom featuring a walk-in closet and a cozy window seat with built-in storage. It's the perfect spot for reading or relaxing. There's also a 3-car attached garage with plenty of space. You will love the wooded privacy on the property and you'll even discover a wonderful fire pit as well as plenty of land that can be used for ATV trails, hunting, etc. Additional highlights include an encapsulated crawl space, private well and septic system, and a 36 x 60 detached shop with three overhead roll-up doors. Two of the overhead rollup doors are 12 x 12 so you can pull your RV, tractor, or boat right into the shelter. Whether you need space for vehicles, recreational equipment, a workshop, or even a home gym, this versatile structure is ready to meet your needs. The crawlspace has full height in a portion of it and is fully encapsulated. It provides easy access to filters and all the mechanics of the home, plus additional storage. Let your imagination run wild! Your dream lifestyle awaits on this one-of-a-kind, incredible estate!
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.
