One or more photo(s) has been virtually staged. Experience serene living in this expansive home nestled on a tranquil lake and preserve lot within Riverwalk Ridge, in the heart of Lakewood Ranch. Boasting Lee Wetherington’s renowned craftsmanship, this home spans 2, 992 sq. ft. , offering 4 bedrooms, 3 full baths, a study, and an expansive 3-car garage.
Enter to soaring ceilings, neutral tones, and abundant natural light. The chef’s kitchen, adorned with newer stainless steel appliances, Corian countertops, pull-out shelves, and a tiled backsplash, invites culinary exploration. Entertain effortlessly in the formal living room and dining area. Seamlessly blend indoor and outdoor living in the family room with sliders that open to panoramic views of majestic oaks and the outdoor oasis. The expansive covered lanai, complete with a seating area, an outdoor kitchen, and a sparkling pool, beckons relaxation and social gatherings alike.
Retreat to the primary suite, featuring a tray ceiling and a spa-style bathroom with an oversized shower and two large walk-in closets. Guests will relish the comfort of the large secondary bedrooms and two guest baths.
A generously proportioned study and laundry room round out the living space. Additional features include new interior paint, crown molding, tray ceilings, a pass-through to the dining room, and a built-in workstation.
Riverwalk Ridge boasts some of the lowest HOA fees in the area and is centrally located in the original part of Lakewood Ranch. Enjoy close proximity to shopping, dining, entertainment, A-rated schools, healthcare, nature, and recreational options. Explore world-class beaches and nearby attractions such as Lakewood Ranch Main Street, Lakewood Ranch Waterside, and Sarasota’s vibrant cultural scene.
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$985,000
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Phone: 888.699.8876
Contact@raveis.com
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 | $788,000 | $788,000 | $788,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.625% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.620% | 6.735% | 6.806% |
Monthly Tax Payment | $645 | $645 | $645 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $5,111 | $5,046 | $6,919 |
Total Monthly Payment | $5,848 | $5,783 | $7,656 |
* 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.