**Grand Victorian Estate on 10 Private Acres | Guest House | Resort-Style Grounds** Tucked behind a picturesque tree-lined driveway, this extraordinary Victorian estate spans approximately 10 private acres, offering a rare blend of timeless charm and modern upgrades. A dramatic grand foyer with a sweeping spiral staircase sets the tone for the home’s architectural elegance and warmth. Remodeled in 2022, the residence preserves its historic character with crown molding, original Victorian hardware, vintage fixtures, and imported European details, including a 1700s built-in cabinet and original foyer wainscoting. The gourmet kitchen is designed for entertaining and everyday living, featuring stone countertops, farmhouse sink, chandeliers, premium appliances, glass-front Sub-Zero refrigerator, Viking ice maker, and a spacious butler’s pantry. A standout downstairs study includes floor-to-ceiling custom bookcases with rolling ladder, fireplace, and a custom bar crafted from reclaimed century-old materials. Multiple living spaces with three fireplaces provide comfort and scenic views throughout. The primary suite offers extensive cedar built-ins, abundant storage, and a spa-style bath with oversized Jacuzzi tub. Fresh interior paint gives the home a crisp, move-in-ready feel. Outdoor living feels like a private resort, with a wraparound porch, screened-in porch, outdoor fireplace, Jacuzzi area, landscaped grounds with artificial turf, fenced play area, and multiple seating areas with mountain views. The separate Guest House includes a full kitchen, wood flooring, handicap-accessible shower, and large laundry room—ideal for guests, extended family, or rental income. Guest House has an upstairs private bedroom and bathroom with a separate private retreat area. A must see! Additional features include dual Lennox HVAC systems with new ducting, new roof (2026), Generac backup generator, fire sprinkler system, new well pump (2025), whole-house water softener, RV parking, attic storage, multiple sheds, and handicap-accessible ramp. Previously used as a filming location for TV, music videos, and films, the property also offers potential income opportunities. This is a rare opportunity to own a private estate that combines character, functionality, and resort-style living. It's a Dream Come True!
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.
