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241 Cedar Park CIRCLE, Siesta Key, FL, 34242 | $10,995,000
Under contract-accepting backup offers. A True Island Estate…This picture perfect home is located in The Exclusive Cocoanut Bayou neighborhood. An intimate community with estate sized parcels, deep water docks, canopy lined streets and even a gated private beach. This home was redesigned by Clifford Schultz and could be featured in House Beautiful. The gated parcel is almost 2/3 of an acre, complete with mature tropical landscaping. The home features an oversized Chicago brick motor court with a 3 car side entry garage. The custom wood detailing throughout includes mahogany entry doors, crown moldings, cased impact windows, shiplap ceilings, wainscoting, custom built-ins and more. A gourmet kitchen with Campbell Custom Cabinetry featuring a butler’s pantry, a beverage station, Wolf appliances and an entertaining island complete with additional seating. The main house has a foyer gallery wall, soaring ceilings, picture perfect views, a Holiday sized living room, a coveted great room, a morning room, a private office, as well as a spectacular Owner’s suite…. all located on the first living level. The owner’s suite has a large sitting area, a spa inspired bathroom and 2 walk-in closets. The second floor has a hobby room, 3 ensuites and a flex room. The guest house above the garage has a kitchenette, a great room and an ensuite with private entrance in close proximity to the main home. The outdoor veranda is complete with kitchen, dining and living areas. The mesmerizing views of the Bayou are ever changing, a kaleidoscope of nature … you will see dolphin, manatee, area fish and seabirds, mangroves and much more. A resort style pool with travertine pavers, a separate spa, a large garden, and 2 boat docks complete this waterfront lifestyle. Cocoanut Bayou is minutes to Siesta village for shopping, dining and Siesta’s world-famous beach. You are close to downtown Sarasota which is known for its cultural significance. The opera, orchestra, ballet, symphony, performing arts center, art galleries are all at your disposal. Shop, dine or just enjoy the city that embraces it all. Sarasota County really has something for everyone. Selby Botanical Gardens, Mote Marine Aquarium, several nature parks, bike trails, water sports, Polo, sport venues, multiple Universities and the list goes on. Don’t wait to discover this unique opportunity … It will not last long.
Features
- Rooms: 10
- Bedrooms: 5
- Baths: 5 full / 3 half
- Laundry: Laundry Room
- Style: Key West
- Year Built: 1998
- Garage: 3-car Garage Faces Side, Guest, Off Street
- Heating: Central
- Cooling: Central Air
- Approx Sq. Feet: 6,838
- Acreage: 0.64
- Est. Taxes: $77,257
- Lot Desc: Flood Insurance Required, FloodZone, Oversized Lot, Street Dead-End
- View: Water
- Elem. School: Southside Elementary
- Middle School: Brookside Middle
- High School: Sarasota High
- Pool: Gunite, Heated, In Ground, Lighting, Outside Bath Access
- Pet Policy: Yes
- Appliances: Bar Fridge, Built-In Oven, Cooktop, Dishwasher, Disposal, Dryer, Ice Maker, Microwave, Range, Range Hood, Refrigerator, Tankless Water Heater, Washer, Water Filtration System, Wine Refrigerator
- MLS#: A4621775
- Days on Market: 1 day
- Website: https://www.raveis.com
/eprop/A4621775/241cedarparkcircle_siestakey_fl?source=qrflyer
Listing courtesy of COLDWELL BANKER REALTY Phone: 941-366-8070
William Raveis Family of Services
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Customer Service
888.699.8876
Contact@raveis.com
Our family of companies offer our clients a new level of full-service real estate. We shall:
- Market your home to realize a quick sale at the best possible price
- Place up to 20+ photos of your home on our website, raveis.com, which receives over 1 billion hits per year
- Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
- Showcase your home on raveis.com with a larger and more prominent format
- Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology
To learn more about our credentials, visit raveis.com today.
Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 16953
917.838.7300
Melissa.Cohn@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Evelio MirandaInsurance Sales Director, William Raveis Insurance
561.704.7334
Evelio.Miranda@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
241 Cedar Park CIRCLE, Siesta Key, FL, 34242
$10,995,000
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 | $8,796,000 | $8,796,000 | $8,796,000 |
| 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% | 6.246% | 6.201% |
| Monthly Tax Payment | $6,438 | $6,438 | $6,438 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $53,445 | $53,445 | $74,226 |
| Total Monthly Payment | $60,008 | $60,008 | $80,789 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
FL Mortgage Lender MLD1388