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6406 Watercrest WAY, #402, Lakewood Ranch, FL, 34202 | $619,900
PRICE IMPROVEMENT -- UPGRADED RENOVATIONS IN EXPANSIVE WATERCREST PENTHOUSE.
ENJOY SPECTACULAR VIEWS AND RESORT-STYLE LIVING IN WATERFRONT CONDO ON 163 ACRE LAKE UIHLEIN IN THE “HEART OF LAKEWOOD RANCH” … LOCATED IN #1 MASTERPLANNED COMMUNITY IN AMERICA.
Nothing in Lakewood Ranch compares to Watercrest and this perfect location. This 3 Bedroom 2 Bath spacious unit boasts BREATHTAKING and Spectacular views of Lake Uihlein and Lakewood Ranch Golf course, located so both Sunrise and Sunsets may be enjoyed. This stunning open concept home features: Spacious Kitchen complete with granite countertops, UPDATED cabinets, garbage disposal, coffered ceilings with crown moldings, LED lighting and stainless-steel appliances, built-in unit with wine refrigerator on lanai, redone walk-in organized closets in the primary bedroom. The large primary ensuite bath with double vanities and second bath has been completely renovated and updated in May 2024 with Quartz countertops and European-style cabinets. This lakefront 4th floor condo is a rare find in the gated upscale community of Watercrest. Meticulously maintained condo features luxury vinyl floors through the main living areas. Oversized 2-car enclosed garage opening into the elevator lobby. **The Clubhouse is currently being redecorated and the pool is being remarcited. This is not a cost to the new buyers. It has already been paid for out of reserve funds. Close distance to Lakewood Ranch Main Street dining venues, shopping, movies, events, music every first Friday of the month. Lakewood Ranch Publix, Walgreen’s and Medical Center are very close. Watercrest is a highly sought after private and gated community where only residents have access to amenities including a Clubhouse, resort-style heated pool, Fitness center, all for their convenience. This condo is a top floor unit with 3 spacious Bedrooms, 2 Bathrooms, indoor garage, no see-um screened lanai with spectacular views of the lake. As an added bonus, the Watercrest Clubhouse has just recently been very tastefully re decorated. UTC Mall (Newest Mall in America) and entrance to I-75 nearby. Centrally located near Sarasota/Bradenton cultural activities. Don’t miss this special Condo in a lakefront community. All Disclosures, FAQ attached.
Watercrest Condo has no known assessments which is a big plus and the proposed budget reflects an only 3. 7 increase for 2025. Watercrest is very secure financially. Please verify all measurements. Please submit offers on FR/FB with Proof of Funds with Pre-approval letter. Furnishings under separate contract. Please view Feature Sheet
Features
- Elevator: Y
- Heating: Central
- Cooling: Central Air
- Levels: 4
- Amenities: Clubhouse, Elevator(s), Fitness Center, Gated, Lobby Key Required, Pool, Security, Vehicle Restrictions
- Rooms: 8
- Bedrooms: 3
- Baths: 2 full
- Laundry: Electric Dryer Hookup, Inside, Laundry Room, Same Floor As Condo Unit, Washer Hookup
- Complex: WATERCREST PH 3
- Year Built: 2005
- Common Charge: $3,823 Quarterly
- Approx Sq. Feet: 1,916
- Est. Taxes: $4,424
- View: Water
- Pet Policy: Breed Restrictions
- Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Range, Refrigerator, Washer, Wine Refrigerator
- MLS#: A4610408
- Days on Market: 206 days
- Website: https://www.raveis.com
/prop/A4610408/6406watercrestway_lakewoodranch_fl?source=qrflyer
Listing courtesy of COLDWELL BANKER REALTY Phone: 941-907-1033
William Raveis Family of Services
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888.699.8876
Contact@raveis.com
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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 16953
917.838.7300
Melissa.Cohn@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance
860.690.5052
Robert.Reade@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
6406 Watercrest WAY, #402, Lakewood Ranch, FL, 34202
$619,900
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Melissa Cohn
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
|
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $495,920 | $495,920 | $495,920 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 7.125% | 6.990% | 5.990% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 7.456% | 7.171% | 6.276% |
| Monthly Tax Payment | $369 | $369 | $369 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,341 | $3,296 | $4,182 |
| Total Monthly Payment | $3,802 | $3,757 | $4,643 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
FL Mortgage Lender MLD1388