6935 Cumberland TERRACE, University Park, FL, 34201 | $1,295,000

The house has been entirely renovated from top to bottom, featuring a new roof, a solar system, all new mechanicals, and a fully upgraded interior with custom, high-quality finishes. Additionally, the property boasts new landscaping, an iron fence, and more.
Experience the epitome of luxury living in this breathtaking . 7-acre estate in Henley, a gated, maintenance-free community with cable included. This exquisitely crafted residence is designed for the most discerning tastes.

The gourmet kitchen is a chef's dream, featuring a new top-of-the-line appliance package, including an eight-burner Wolf natural gas range, Sub-Zero refrigerator, Bosch dishwasher, Sharp drawer microwave, and stainless apron farm sink, all set in custom cabinetry with a generous island perfect for entertaining. The formal dining room exudes elegance, while the cozy living room boasts a see-through fireplace.

The entertainment room is unparalleled, complete with a bar, dishwasher, ice maker, wine cooler, refrigerator, and keg beer system. The office is ideal for the work-from-home professional. The master suite features a spacious bedroom, sitting area, spa-like bathroom, and walk-in closet.

Enjoy views of the outdoor area with mature, updated landscaping and ample seating for poolside dining from any room in the home. This luxurious property blends the benefits of new construction with the charm of an established neighborhood. Additional features include a Sonos sound system throughout, new roof, two HVAC systems, updated pool equipment, granite countertops, Wi-Fi system, water filter, and more.

The University Park is nestled within its mature landscapes and expansive natural splendor, as the premier master-planned community in the Sarasota area. Beyond its secure and staffed entrance lies an award-winning, resident-owned enclave, boasting an array of remarkable amenities. Among these are 27 holes of four-star rated golf, eleven illuminated Har-Tru tennis courts, a state-of-the-art fitness center, croquet facilities, and an extensive network of tree-lined avenues, perfect for leisurely strolls or invigorating bike rides. University Park is conveniently located just a short drive from the University Town Center, known for its upscale shopping and dining choices. It's also just a few minutes away from downtown Sarasota and the stunning white sandy beaches.

Features

  • Amenities: Cable TV, Clubhouse, Fence Restrictions, Fitness Center, Gated, Golf Course, Maintenance, Pickleball Court(s), Playground, Pool, Recreation Facilities, Tennis Court(s), Vehicle Restrictions
  • Rooms: 9
  • Bedrooms: 4
  • Baths: 2 full
  • Laundry: Gas Dryer Hookup, Inside, Laundry Room
  • Style: Colonial
  • Year Built: 1999
  • Garage: 2-car Circular Driveway, Driveway, Garage Door Opener, Garage Faces Side
  • Heating: Central, Electric, Heat Pump, Solar
  • Cooling: Central Air, Zoned
  • Approx Sq. Feet: 3,210
  • Acreage: 0.71
  • Est. Taxes: $10,163
  • HOA Fee: $1,976 Quarterly
  • Lot Desc: Corner Lot, In County, Near Golf Course, Near Public Transit, Street Dead-End, Unincorporated
  • View: Garden, Pool, Trees/Woods
  • Elem. School: William H. Bashaw Elementary
  • Middle School: Braden River Middle
  • High School: Braden River High
  • Pool: Gunite, Heated, In Ground, Lighting, Salt Water
  • Pet Policy: Cats OK, Dogs OK
  • Appliances: Bar Fridge, Built-In Oven, Convection Oven, Cooktop, Dishwasher, Disposal, Dryer, Gas Water Heater, Ice Maker, Microwave, Range Hood, Refrigerator, Tankless Water Heater, Washer, Wine Refrigerator
  • MLS#: A4616613
  • Days on Market: 119 days
  • Website: https://www.raveis.com
    /eprop/A4616613/6935cumberlandterrace_universitypark_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 11/21/2024 4:17:08 PM)
Listing courtesy of KW SUNCOAST   Phone: 941-792-2000

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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

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6935 Cumberland TERRACE, University Park, FL, 34201

$1,295,000

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 $1,036,000 $1,036,000 $1,036,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.625% 6.750% 6.625%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.282% 6.864% 6.810%
Monthly Tax Payment $847 $847 $847
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $6,634 $6,719 $9,096
Total Monthly Payment $7,606 $7,691 $10,068

* 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.