5127 Kestral Park PLACE, Sarasota, FL, 34231 | $1,650,000

Welcome to this one-of-a-kind single family home located in the “West of the Trail” gated neighborhood of The Landings. Only one owner for this house with lot selected for it's southern exposure, house was built and designed by a real estate professional for his own family use, it is still in the family and has been well maintained over the years. Designed for entertaining with over 3, 600 sq ft, including 4 bedrooms and an office (5th bedroom). You will first notice the spacious feeling from the 10 ft ceilings throughout the home and even higher with the vaulted ceilings of the kitchen and family room. This home is all on one level- no step down. It is not your typical Landings home. For outdoor enjoyment there is an expansive lanai with considerable covered space and gas heated pool and spa. A traditional home with an elegant foyer and center hall with options to enter the formal living room with a wall of cabinetry and shelving to highlight your collections. Another turn and you are in the dining room with plenty of space for your holiday table and guests. The primary bedroom wing features a 14x20 bedroom with sliders that open to the lanai and pool. The ensuite and closet area connect to the office/den. All rooms with high ceilings, new luxury vinyl flooring and carpet in the bedrooms, crown molding and new baseboards throughout, a pleasing color palette and plenty of light flows through this property. Down the hall and you are in the family living area – a spacious kitchen with prep island, breakfast bar, and a casual eating area overlooking the lanai. Connecting to the kitchen is the family room with wood burning fireplace, wet bar and a wall of sliders which pocket when open to create a wonderful indoor/outdoor opportunity. The guest bedroom wing with three additional bedrooms is far away from the main bedroom wing of the house. One guest bedroom with ensuite and the pool bath is used by the other two. The two car garage is oversized- room for a golf cart and a bonus air-conditioned room off the garage- great for crafts or extra storage. Freshly painted on the exterior, newer HVAC, in the x500 flood zone. The Landings has a nature Trail leading to a fishing pier/gazebo with storage area for kayaks. A special neighborhood with its proximity to the revitalized Landings Shopping Center, Siesta Key, and downtown Sarasota. The community's well-maintained streets and scenic surroundings provide a picturesque setting for daily walks or bike rides or a walk down the nature trail to the Intracoastal Waterway. Membership to the Landings Racquet Club is optional.

Features

  • Rooms: 11
  • Bedrooms: 4
  • Baths: 3 full / 1 half
  • Laundry: Laundry Room
  • Year Built: 1988
  • Garage: 2-car
  • Heating: Electric
  • Cooling: Central Air
  • Approx Sq. Feet: 3,698
  • Acreage: 0.45
  • Est. Taxes: $12,170
  • HOA Fee: $2,050 Annually
  • Elem. School: Phillippi Shores Elementary
  • Middle School: Brookside Middle
  • High School: Riverview High
  • Pool: Heated, In Ground, Pool Sweep, Screen Enclosure
  • Pet Policy: Yes
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • MLS#: A4611497
  • Days on Market: 31 days
  • Website: https://www.raveis.com
    /eprop/A4611497/5127kestralparkplace_sarasota_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 7/2/2024 8:47:08 PM)
Listing courtesy of MICHAEL SAUNDERS & COMPANY   Phone: 941-349-3444

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

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5127 Kestral Park PLACE, Sarasota, FL, 34231

$1,650,000

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 Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $1,320,000 $1,320,000 $1,320,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.125% 7.000% 6.875%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.838% 7.141% 7.082%
Monthly Tax Payment $1,014 $1,014 $1,014
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $8,893 $8,782 $11,772
Total Monthly Payment $10,032 $9,921 $12,911

* 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.