Sarasota West of Trail contemporary home in Oyster Bay Landings, the only gated community in highly desirable Oyster Bay Estates. This secluded neighborhood has only 12 residences with deeded boat docks along a hidden cove on Roberts Bay. Exquisite expression of contemporary style infused with a spirit of serenity and delight. Tall pitched ceilings, oversize sunlit windows, open living spaces, over-garage loft suite with private entry, and private pool courtyard check all the boxes for a formidable forever home. This courtyard pool home provides peaceful privacy inside and out. Every detail was carefully selected and expertly installed such as high ceilings, 8-foot solid-core doors, engineered wood floors, solid-wood cabinets, custom millwork, linear air-conditioning vents, two-step crown molding, dual walk-in closets with custom organization and high-end stainless steel appliances. For convenience and energy efficiency, the home is fitted with impact glass, two tankless gas water heaters, outdoor security camera and three-zone air-conditioning system. Offering 4, 030 square feet of living space, the main living space features an open floor plan with cathedral ceiling and cove lighting. A full wall of glass opens to the pool courtyard on the west side, and clerestory windows on the east let in glorious morning light. The open living space flows into a private courtyard oasis with heated pool and spa, covered lanai and outdoor kitchen. The fabulous kitchen has solid wood cabinetry with soft-close mechanism, an oversized eat-in island, and Wolf, Sub-Zero and Asko appliances. The primary bedroom suite features oversized dual walk-in closets with an array of custom organization details. One includes a dressing mirror, hardware with crystal insets, jewelry cabinet with lock, two locked drawers and in-closet washer and dryer. The other has gentlemen’s accessories cabinets. Both have mirrored finishing countertops and automatic LED cabinet lighting. Two additional bedrooms and baths are down the hall from the primary suite. A 23-by-18-foot bonus loft with en-suite bath and private entrance is over the two-car garage. The fantastic West of Trail location is centrally within distance of The Field Club, one mile from Publix, two miles from Sarasota Memorial Hospital, three miles from downtown Sarasota and five miles from Siesta Key Beach. See this warm and welcoming residence that is on-trend and timeless.
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William Raveis Mortgage, LLC
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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 | $3,116,000 | $3,116,000 | $3,116,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.125% | 6.250% | 6.000% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.371% | 6.348% | 6.182% |
Monthly Tax Payment | $2,580 | $2,580 | $2,580 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $18,933 | $19,186 | $26,295 |
Total Monthly Payment | $21,638 | $21,891 | $29,000 |
* 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.