Tucked away on more than 35 breathtaking acres in the heart of Oak Hill, this one-of-a-kind country estate offers the perfect blend of privacy, modern comfort, and endless opportunity. Whether you've been dreaming of a family compound, equestrian property, weekend retreat, or simply room to breathe, this is the kind of property that rarely becomes available. A private, approximately three-quarter-mile driveway welcomes you home, creating a peaceful setting surrounded by nature where you'll feel miles away from everything—while still being just a short drive to New Smyrna Beach, boating, shopping, and everyday conveniences. The beautifully updated 4-bedroom, 3-bathroom home has been thoughtfully renovated while maintaining its timeless country charm. Inside you'll find multiple living spaces designed for gathering with family and friends, including a spacious loft, a cozy family room with a wood-burning stove, and a formal living room centered around a classic fireplace. Every space feels warm, inviting, and ready to make memories. Step outside and enjoy the Florida lifestyle from the expansive covered front and back porches, where peaceful mornings and stunning sunsets become part of your daily routine. The true showstopper is the land. With approximately 27 cleared and usable acres, stocked ponds, a winding creek, and wide-open space in every direction, the possibilities are endless. Bring your horses, ATVs, boats, RVs, or simply enjoy the privacy and beauty that comes with owning a property of this size. As larger acreage becomes increasingly difficult to find in Central Florida, this estate also represents an incredible long-term investment opportunity. Additional features include a detached guest house that's perfect for extended family, guests, a home office, or future rental potential, along with a 36' x 24' barn with covered extensions totaling approximately 36' x 54', providing plenty of room for equipment, hobbies, animals, or storage. The property also includes a future homesite with electricity already in place, making it ideal for creating a true multi-generational family compound. If you've been searching for a property that offers space, privacy, freedom, and endless possibilities without sacrificing convenience, this is it. Opportunities like this don't come around often. Schedule your private showing today and experience everything this incredible Oak Hill estate has to offer.
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.
