Under contract-accepting backup offers. Nestled in the heart of the Island Estates boating community, this exquisite home was custom built in 2001 and features spacious living areas with an expansive lanai overlooking the pool, spa, and stunning waterfront views. Designed to surpass FEMA's Base Flood Elevation minimums, this home boasts quality construction and meticulous upkeep, ensuring an unrivaled standard of living. For boating enthusiasts, there is a 30-foot dock and boathouse with 10K lb lift capacity and easy access to the Intracoastal Waterway and Clearwater Pass. The floor plan includes a spacious entry foyer with formal dining area and large living room with soaring 21-ft ceilings, complemented by an alcove wet bar area and 1, 000-bottle wine storage room. Natural light infuses this area creating an environment for lively gatherings or tranquil moments of solitude. The generously sized kitchen has custom cabinetry, granite countertops, central island and breakfast bar, and is open to both the large breakfast room and the adjoining family room, all with views of the water. Additional first floor amenities include an en-suite bedroom, laundry room, powder room, butler's pantry, and a versatile artist's niche, perfect for use as an office, game room or reading nook. There is large format Italian porcelain tile throughout the main level which unifies the space and adds to the feeling of expansiveness. On the second floor the primary bedroom suite awaits, featuring a large sitting area, a balcony offering captivating water views, expansive his-and-hers walk-in closets, and a luxurious bath complete with dual sinks, walk-in shower, corner tub and private water closet. Accompanying this retreat are a third bedroom with a Jack and Jill bath, and an adjacent fourth bedroom currently serving as an office. Key features include a 25kw whole house GenerX generator, new tile roof in 2019, Blue Stone quartz resurfacing of the pool and spa in 2023, the addition of custom fence and railings surrounding the pool and lanai in 2022, replacement of the upstairs zone HVAC in 2023, exterior painting in 2020, replacement of wine storage room cooling system in 2021, new Rinnai gas-fired tankless water heater in 2023, and whole house upgrade of television/sound/internet systems in 2023/2024. Whether indulging in water sports, bicycling along the Pinellas Trail, or savoring breath-taking sunsets, this coveted Island Estates waterfront location caters to myriad lifestyles. More than just a home, this property represents an investment in a lifestyle characterized by tranquility, luxury, and convenience.
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,895,000
William Raveis Real Estate
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 | $2,316,000 | $2,316,000 | $2,316,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.750% | 6.500% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.343% | 6.876% | 6.725% |
Monthly Tax Payment | $1,402 | $1,402 | $1,402 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $14,830 | $15,022 | $20,175 |
Total Monthly Payment | $16,357 | $16,549 | $21,702 |
* 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.