Picasso Quick Move In

Starting From

$479,990+

Estimated Monthly Payment

$3,388

Own a home at South Lake Condos
Temporary Interest Rate Buydown Subsidy Available.
Year 1: Payment of $3,388, based on a 4.75% Interest Rate, 7.056% APR
Year 2: Payment of $3,680, based on a 5.75% Interest Rate
Year 3-30: Payment of $3,987, based on a 6.75% Interest Rate

Principal & Interest

$2,460

Property Tax

$674

Hazard Insurance

$42

Mortgage Insurance

$212

Total estimated monthly payment

$3,388

Financing example based on a FHA 30 year fixed loan product with a 2-1 buydown. Based on a sales price of $479,990, a loan amount of $471,590 and a 3.5% down payment. Principal and interest payment of $2,460/month with a rate of 4.75% for year one, $2,752/month with a rate of 5.75% for year two, $3,059/month with a rate of 6.75% for year three and an APR of 7.056%. Real estate taxes are estimated at $674 per month, mortgage insurance is estimated at $212 per month and hazard insurance is estimated at $42 per month for a total monthly payment of $3,388 for year one, $3,680 for year two and $3,987 for years 3-30. Interest rate is based on a 30 day rate lock. Rates and APR on loan programs may vary based on credit criteria, final amount of down payment and are subject to current market pricing. APR may vary depending on rate and final loan program. Certain restrictions may apply. Prices, offers and financing are subject to change without notice. Financing is available through NVR Mortgage Finance, Inc. NMLS ID# 1127.

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240.658.6402

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Located in South Lake Condos

3 Bedroom

2,481+ Sq.Ft.

2 Bathroom

1 Half Bath

1 Car Garage

Floor Plan

Interactive Floor Plan

Virtual Tour

Model Video

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Get in touch with us to learn more about building this home.

Contact Us

Get in touch with us to learn more about building this home.

About the Home

Perched atop the Matisse, this unique two-level home is designed to be both practical and stylish. The first floor features plenty of room and an open floorplan that lets light flow through the entire area. A design that is perfect for entertaining, the main level is open and flows throughout. The kitchen is a gourmet’s dream with huge work island and plentiful cabinets.

A powder room and coat closet are conveniently located just off the stairs. The kitchen opens to a large great room which expands over the entire rear of the home. Step through the great room to the stunning sky lanai giving you covered outdoor living space with an optional outdoor fireplace.

Upstairs is a truly magnificent Owner’s Suite featuring dual walk-in closets, sitting area, and a bath with an oversized shower, dual vanities and a compartmentalized water closet. You can choose to upgrade to a separate soaking tub and shower for a spa-like feel. Past a convenient linen closet and 2nd floor laundry are two generous bedrooms and a bath with a double bowl vanity. The Picasso comes standard with a one-car garage.

Peace of Mind Built In

A better-built home enhances your life. Our whole-home approach to performance and efficiency providing you the highest levels of comfort while lowering your monthly energy costs by up to 30%.

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61

HERS Score

SAVE up to $2,968 per year!

The lower the HERS Score the more energy efficient your home is. A standard new home has a rating of 100 but our BuiltSmart approach helps ensure your new Ryan Home is in the top of the class for energy efficiency and greater cost savings.

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Located in the

South Lake Condos Community

110 Summit Point Blvd
Bowie, MD 20716

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