Under contract-accepting backup offers. Newly built 4-bedroom, 3. 5-bathroom pool home offers luxurious living with modern amenities and exceptional design. Nestled in a serene Riverside Terrace neighborhood, this home is perfect for those seeking a blend of comfort, style, and the convenience of a central location so close to the Manatee River but NOT in a flood zone. Step inside and be greeted by an open-concept floor plan that seamlessly integrates the living, dining, and kitchen areas, creating an inviting space for entertaining and family gatherings. You will love how the outside space is brought in by the triple pocketing slider doors and custom roll-away screen! Catch every breeze of the Manatee river. The kitchen is a chef's delight, featuring state-of-the-art stainless-steel appliances, granite countertops, custom cabinetry and even space for a small bistro table. Retreat to the master suite, a true oasis of relaxation, complete with a spa-like en-suite bathroom featuring dual vanities, and a massive custom walk-in shower. Three additional generously sized bedrooms provide ample space for family, guests, or a dual home office.
Outdoor living is a highlight of this property. It's why the entire 56 ft rear lanai is completely under roof. There is nothing more magical than listening to an afternoon shower with a good book on that lanai. The private backyard paradise, featuring custom landscape, lighting, firepit and a pristine saltwater pool/hot-tub (state of the art of course. . . accessed through an app on your phone). The pool area is perfect for lounging, swimming, and entertaining, with plenty of space for outdoor dining and relaxation. The saltwater system ensures a more enjoyable swimming experience with less maintenance. Don't forget the convenience of the pool bath on that massive lanai.
Additional features of this exceptional home include a spacious two-car garage, energy-efficient systems, and high-quality finishes throughout. Located close to top-rated schools, shopping, dining, recreational facilities and the Warner's Bayou Boat Ramp (59th Street). This home offers the best of modern living in a prime location. Also, enjoy the freedom of no HOA or CDD fees. Schedule a private tour today!
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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 | $663,200 | $663,200 | $663,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.250% | 6.250% | 6.000% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.371% | 6.372% | 6.182% |
Monthly Tax Payment | $848 | $848 | $848 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,083 | $4,083 | $5,596 |
Total Monthly Payment | $5,023 | $5,023 | $6,536 |
* 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.