MID-CENTURY INSPIRED WATERFRONT BEAUTY AWAITS YOU! Welcome home to a thoughtfully and lovingly crafted mid-century inspired vibe. This impressive property sits back on a cul de sac lot framed by mature trees and opens out to a tranquil lake setting complete with an entertainers dream back yard. The space offers a heated salt water pool/spa, a turf putting green, aluminum fencing with private landscaping, as well as, an Arcadia louvered system, custom lighting and ceiling fans perfect for entertaining day or night. There is also a lakeside fire pit. This 4/2 beauty has fully upgraded bathrooms, custom teak kitchen cabinets and bar, italian porcelain tile floors, a custom feature wall and electric fire place. Dual AC's and water heater only 4 years old, IMPACT glass and doors throughout LAKEFRONT LIVING IN WOODS WALK 2 | LAKE WORTH, FL 33467 I've been selling homes in west Lake Worth since before Discovery Key Elementary existed. Woods Walk was one of the first subdivisions I learned inside and out - which lots back to the lake, which ones back to the canal, where the school bus stops, where neighbors walk their dogs along the canal path to the west. Cypress Wood Court is the quiet cul-de-sac at the back of Woods Walk 2, tucked away from the main boulevard. The lakefront lots here almost never turn over. When one does, it's usually a family ready to move on to their next chapter. The owners here aren't leaving because they want to. They upsized - found a place that fit their growing family - but this house holds years of memories for them. They didn't want to rent it out. They wanted another family to love it the way they did. That tells you something about the house. THE BACKYARD THEY BUILT The owners didn't just add a pool. They created an outdoor room. There's an Arcadia louvered patio system overhead - you can open it up on clear nights or close it when the afternoon storms roll through. Custom lighting and ceiling fans make it usable year-round. The pool is heated saltwater with a spa. There's a turf putting green along the side (no mowing, no fertilizing, always ready). And at the back of the property, right at the lake's edge, they built a fire pit. That's where you'll end up most evenings - watching the sun drop behind the trees on the far shore, maybe a fishing line in the water. Here's something the out-of-state buyers don't think about: screened pool enclosures stay cold. The screen blocks the sun, traps the cool air, and that pool water sits in the low 60s and 70s half the year. If you've got that Florida-sensitive blood like the rest of us - where anything below 75 feels like the Arctic - a screened pool is a six-month pool. This one's open-air AND heated. Sun warms it during the day, heater keeps it comfortable year-round. You'll actually use this pool in January. Most lakefront pool homes around here have a standard screened enclosure. This one lets you feel like you're on the lake, not just looking at it through a screen. And you won't freeze getting in. THE HOUSE ITSELF Four bedrooms, two baths, a little over 2,200 square feet. Built in 1988, so it's got real CBS block construction - the stuff that laughs at hurricanes. The owners renovated with a mid-century modern feel. Custom teak cabinets in the kitchen (not the white shakers everyone installs now), Italian porcelain tile throughout, a feature wall in the great room with a modern electric fireplace. It's a split floor plan - primary suite on one side, secondary bedrooms on the other. Families like that setup. Volume ceilings make the main living area feel bigger than the square footage suggests. The stuff you can't see matters too. Dual AC systems, both about four years old. If one goes down in August, the other carries the load while you get it fixed. Water heater's the same age. And every window and door is impact glass - no shutters to dig out of the garage when a storm's coming. Your insurance company will notice. THE NEIGHBORHOOD Woods Walk flies under the radar compared to the gated communities a few miles west. No guard gate, no country club fees, no $400/month HOA. Here it's $75 a month and that covers the common areas, the basketball courts, the tennis courts, the playground, and the walking paths around the lakes. This is golf cart country. Hop in the cart, cruise over to Publix for groceries. Date night? Bonefish Grill is right around the corner. Saturday morning? Brooklyn Bagel for a fresh one to start your day. You get the Wellington lifestyle without the Wellington tax bill. The families here tend to stay. You'll see the same kids at the bus stop for years. Discovery Key Elementary is less than a mile away - your kids can bike there. Emerald Cove Middle is just as close. Both are 7-rated schools. For high school, it's Dr. Joaquin Garcia, which is newer but still finding its footing. A lot of families around here look at magnets or private options for those years. This isn't a neighborhood of investors and renters. It's people who bought because they wanted a good house on a quiet street near good schools, and then never had a reason to leave. GETTING AROUND Five minutes to the Turnpike. That's the headline for anyone commuting. North to Palm Beach Gardens, south to Boca - either direction is easy. Wellington's ten minutes west. Downtown Lake Worth Beach - the restaurants, the galleries, the Thursday night scene - is fifteen minutes east. PBI airport is twenty. You're not in the middle of nowhere. You're just not in the middle of everything either. That's the appeal. WHO SHOULD BUY THIS HOUSE If you want lakefront without Wellington prices, this is where you look. If you've got kids and you want them in good schools without paying private tuition, this works. If you're tired of screened-in pool cages and want to actually sit outside and feel the breeze off the water - and swim year-round without freezing - this is built for that. It's not new construction. It's a 1988 home that's been cared for and updated where it counts. The bones are solid. The systems are current. The backyard is something most people only dream about building. And if it matters to you - the family selling this home hopes whoever buys it will love it as much as they did. That's not marketing. That's just the truth. THE NUMBERS $715,000. That's where lakefront pool homes in west Lake Worth and Wellington trade - anywhere from $650K to $850K depending on the lot and the updates. This one's priced for what the owners invested in that backyard. You won't find another Arcadia louvered system, saltwater pool, putting green, and lakeside fire pit combo in this price range. I've looked. Taxes run about $4,157 a year. HOA is $75 a month. VA, FHA, and conventional financing all work here - no investor-only restrictions. The Zestimate says $607K. We know you are going to look but Zestimates don't walk the backyard. The truth is algorithms use averages and nothing about this home is average. The interior updates, the impact windows on every opening, the cul-de-sac lot tucked against the cypress hammock, the lake views overlooking another cypress hammock on the far shore, the backyard paradise - none of this was done to with every thinking about selling. It wa done with love and it was done to stay forever. You can search for months and not find another one like this. Showings start February 5th. If you can, come in the late afternoon. That's when the western sun hits the lake and you'll understand why the owners built that fire pit exactly where they did. Woods Walk 2 | Lake Worth, FL 33467 4 Bedrooms | 2 Bathrooms | 2,218 SF Lakefront | Saltwater Pool/Spa | Impact Glass | Cul-de-Sac $715,000
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.