159 Colony Point DRIVE, Punta Gorda, FL, 33950 | $1,175,900

Experience luxury living in this brand-new waterfront masterpiece crafted by DM Dean Inc. , located on Vivante Lake providing the ultimate oasis of privacy. Situated near downtown's vibrant life, Fisherman’s Village, and the Punta Gorda Airport, this stunning residence offers both convenience and elegance. This exquisite residence boasts a durable metal roof and impressive 14-foot ceilings in the Great Room, creating a sense of spaciousness and grandeur. The home features 10-foot non-impact zero-degree sliders in the Great Room, seamlessly blending indoor and outdoor living, with an electric roll-down shutter on the lanai for added convenience. Impact windows throughout ensure peace of mind, while the kitchen dazzles with under-cabinet lighting, a walk-in pantry, and luxurious finishes. The Master Suite is a true retreat, offering a large walk-in closet with custom wood shelving and an electric fireplace, perfect for cozy evenings. Practicality meets style in the laundry room, complete with upper and lower cabinets and a sink. Outdoor living is elevated with a summer kitchen on the lanai, ideal for entertaining, and a heated pool with a spa and sun shelf, providing the ultimate in relaxation. A seawall lines the waterfront, ensuring your slice of paradise is secure. This home is the epitome of coastal elegance, offering the best of Florida living on the water. Don’t miss the opportunity to make this exquisite property your own!

Features

  • Rooms: 8
  • Bedrooms: 3
  • Baths: 3 full
  • Laundry: Inside
  • Year Built: 2024
  • Garage: 3-car Covered
  • Heating: Central
  • Cooling: Central Air
  • Approx Sq. Feet: 2,224
  • Acreage: 0.22
  • Est. Taxes: $3,478
  • Elem. School: Sallie Jones Elementary
  • Middle School: Port Charlotte Middle
  • High School: Charlotte High
  • Pool: Heated, In Ground, Lighting, Screen Enclosure
  • Pet Policy: Yes
  • Appliances: Dishwasher, Disposal, Microwave, Refrigerator
  • MLS#: D6137795
  • Days on Market: 24 days
  • Website: https://www.raveis.com
    /eprop/D6137795/159colonypointdrive_puntagorda_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 9/21/2024 10:47:11 AM)
Listing courtesy of Sun Realty   Phone: 877-649-1990

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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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159 Colony Point DRIVE, Punta Gorda, FL, 33950

$1,175,900

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 $940,720 $940,720 $940,720
Term 360 months 360 months 180 months
Initial Interest Rate** 6.125% 6.125% 6.000%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.443% 6.258% 6.201%
Monthly Tax Payment $290 $290 $290
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $5,716 $5,716 $7,938
Total Monthly Payment $6,131 $6,131 $8,353

* 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.