This is the one you've been waiting for! * PANORAMIC LAKE VIEWS ON ALMOST 1 ACRE * RECENTLY REMODELED IN 2021 OFFERING A BLEND OF CLASSIC ELEGANCE & CONTEMPORARY DESIGN * 5 Bedrooms & 3. 5 Baths * 3948+/- sqft A/C * NEW ROOF 2020 * 3 UPGRADED A/C SYSTEMS * Step into the first floor living area where a formal living room welcomes you with a built-in bookshelf, bay window and serene views of the landscaped property. The beautifully remodeled kitchen, expanded to capture lake views, boasts custom cabinetry, under-counter lighting, quartz countertops, a wine refrigerator and a large center island. Adjacent to the kitchen, the family room has a stunning wall of windows showcasing lake views and seamlessly connects to the garage and carport area. The primary suite exudes sophistication, featuring a charming sitting area with a wood-burning fireplace, a voluminous walk-in closet, and a luxuriously redone bathroom with dual vanities, spa tub, and a glass walk-in shower. Your guests will enjoy privacy in the well-appointed guest suite with its own full bath and laundry closet. The expansive pool area was added during the remodel featuring a new paver deck, saltwater heated swimming pool and lush landscaping, invites you to indulge in leisure and relaxation. With a new roof, 3 upgraded HVAC systems and numerous enhancements at every turn, this residence is a testament to modern luxury and timeless appeal. Residents of Old Forest Lakes enjoy a wealth of amenities, just moments from world-renowned beaches, St. Armand’s Circle and downtown Sarasota * One look & you'll fall in love *
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.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,595,000
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 | $1,276,000 | $1,276,000 | $1,276,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.625% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.620% | 6.735% | 6.806% |
Monthly Tax Payment | $851 | $851 | $851 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $8,276 | $8,170 | $11,203 |
Total Monthly Payment | $9,252 | $9,146 | $12,179 |
* 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.