Magnificent custom London Bay home with sweeping views, elegant architectural details, and gorgeous design features. Simply a must-see for those seeking the Founders Club lifestyle. Come home to a private sanctuary and incredible sunsets each evening set against the backdrop of the 16th fairway.
Situated on a prime homesite with over 1/2 an acre of land with stunning golf, preserve, and lake views. The exterior of this home is timeless and enhanced with mature landscaping and a semi-circle driveway. The handsome double door entry leads to a sunlit foyer and living room with soaring ceilings. The lovely single-story layout is open and offers connected main living spaces for gathering with seamless indoor and outdoor living. The well-appointed primary suite shares a wing with a private study. On the other side of the home, the spacious guest suites offer privacy and separate bathrooms. A showcase gourmet kitchen with solid wood cabinetry, double oven gas range with decorative hood, and ‘Taj ‘Mahal’ natural quartzite stone is perfect for a home chef and entertaining. A butler’s pantry offers additional storage with a sink and prep area. Superb construction quality including impact glass, solid core doors, genuine satin travertine flooring, exposed wood beams and much more. The outdoor living is spectacular with a luxurious colonnade screen enclosure, a deep covered lanai, beautiful pool and spa, and an extended sun deck off the guest suite. This home is priced far below reproduction cost and must be seen to be fully appreciated. The Founders Club is in non-flood zone X, minutes to Lakewood Ranch and downtown Sarasota, with easy access to farmers markets, shopping, fine dining, theater, and world class beaches. The prized Robert Trent Jones Jr. course is the only walkable course in the region, and members enjoy easy tee-times. Social and golf memberships optional. The community offers Har-Tru tennis courts and a clubhouse with fitness center and restaurant with veranda. Come tour this home and discover an exceptional residence and lifestyle.
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,775,000
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 | $2,220,000 | $2,220,000 | $2,220,000 |
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 | $1,282 | $1,282 | $1,282 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $13,489 | $13,489 | $18,734 |
Total Monthly Payment | $14,896 | $14,896 | $20,141 |
* 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.