Lakefront Living at Its Best in Sugar Mill Lakes – Elegant & Upgraded! **New Roof being installed** Welcome to this stunning Neal-built lakefront home in the highly sought-after Sugar Mill Lakes community of Palmetto, Florida. This meticulously maintained residence, boasting a prime location with peaceful lake views, offers the perfect blend of elegance, comfort, and thoughtful upgrades throughout. Upon entering, you're greeted by an abundance of natural light that flows through the open floor plan. The home features an inviting den/office with beautiful French doors, perfect for remote work or a quiet reading nook. The split-bedroom layout offers privacy and space for all, making it ideal for families or guests. At the heart of the home is the chef’s kitchen, featuring granite countertops, sleek stainless steel appliances, custom cabinetry with crown molding, and elegant drop-down pendant lighting over the spacious island/breakfast bar. The diagonally laid tile throughout the main living areas adds a touch of sophistication, while the wooden blinds, ivory sills and upgraded fans in every room ensure comfort and style. Step outside to the extended and screened lanai, with a south facing view its the perfect shady retreat to enjoy the stunning lake views. Whether you’re hosting friends for a summer BBQ or enjoying your morning coffee, this space is designed for relaxation and year-round enjoyment. The home sits on a generous . 21 acre lot, providing plenty of outdoor space while maintaining privacy. The owner’s suite is a true retreat with serene views of the lake and an ensuite bathroom featuring dual ivory sinks, a spacious walk-in shower, and ample storage space. Additional attic storage areas in the two-car garage add to the home's practicality, while hurricane shutters offer peace of mind during storm season. Additional highlights include a whole-home water softener, multiple linen closets for extra storage, upgraded ivory window sills, and two beautiful mature magnolia trees that create a picturesque setting when in bloom. Plus, the home is not in a flood zone, adding even more appeal. Sugar Mill Lakes residents enjoy access to community amenities, including tennis courts, a playground, and a scenic picnic area by the ponds. With no CDD fee and a low HOA, this home provides both luxury and convenience. Location is everything, and this home delivers! Conveniently located near I-75 and I-275, you’re just a short drive from some of Florida’s best attractions. Whether commuting to St. Petersburg, Tampa, Bradenton, or Sarasota, your travels are stress-free. Award-winning beaches, including the pristine shores of Anna Maria Island, are only minutes away, perfect for leisurely weekends or quick getaways. Enjoy nearby shopping at the Ellenton Premium Outlet Mall or outdoor adventures along the scenic Manatee River. Local dining, shopping, and medical facilities are easily accessible, making this location not only serene but exceptionally convenient. Don’t miss your opportunity to own this well-appointed lakefront home in one of Palmetto’s most desirable communities. Schedule your private showing today and discover the peaceful lifestyle that awaits!
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William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $383,920 | $383,920 | $383,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.296% |
Monthly Tax Payment | $212 | $212 | $212 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,554 | $2,552 | $3,238 |
Total Monthly Payment | $2,841 | $2,839 | $3,525 |
* 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.