For Sale

Description

Pot-Nets Bayside is a leased-land, marina community. Besides the marina, homeowners have access to all of Bayside’s community amenities (2 pools, baseball diamond, tennis courts, and more), as well as ALL of the amenities in ALL of the other Pot-Nets communities, such as the private beach and the Tiki Bar in Pot-Nets Seaside, multiple marinas, boat ramps, slip rentals, and even discounted greens fees at nearby Bay Woods. This home is located is just two doors from water. From the pavilion at the end of Sassafras Road, you can look across Lingo Creek to the Jack Nicklaus golf community of The Peninsula. And the popular Paradise Grill is just a quick golf cart ride away. This 1970 Schult was originally a 12’x62’ home with a 4’x12’ tip-out, but it has been improved by multiple additions, so it now has approximately 1,330 sq. ft. of living space. Next to the living room, you’ll find a family room addition. There is also the third bedroom addition on this side of the home, which has a doorway out to the rear screened porch. Off of the kitchen, there is a sunroom addition with a separate entrance. New roof in 2023. Central AC & ceiling fans. Oil forced air heat & baseboard heating. Attached shed. Furnished with a few exclusions. Leasehold Interest: Lot Rent of approx. $1018.42/mt. Homeowner also pays electric, water, sewer, fuel (LP gas & Oil), and trash/recycle. Tunnel Companies, L.P., the community owner, requires an Application from the Buyer, with acceptance based on the following criteria: 1.)income verification, 2.)credit bureau score, plus evaluation of debt-to-income ratio, and 3.)criminal background check. (Note: Family & friends may always visit, but rentals are NOT permitted.) Financing may be available to qualified borrowers from only a very, very few Lenders who specialize in installment/chattel loans for “pre-HUD” (built prior to June 15, 1976) mobile homes on leased land. Closing Costs will include a 3.75% DMV Doc Fee & Settlement Agent fee. Pot-Nets also has a closing fee to Buyers at their lease signing for a customized name plate for the house.