Arrive to the Resort Style Watercrest Condominium with beautiful landscape entrance leading through to breathtaking views of the 163 acres Lake Uihlein and the Legacy Golf Course. For the discerning buyer, the sought after Sanctuary Model is now available. Nestled along well-maintained grounds is the intimate and private 6 unit building where this home is located. Perfectly situated and a short distance to the fitness center, newly re marcited pool, and community club house has been refurbished and is beautiful. The private two and a half car garage leads directly to the secured lobby with access to the semi-private elevator to the 2nd floor. The private foyer and the double entry door opens to the immaculately maintained 2, 376 square feet home with amazing lake views. Large windows, sliders and sizable screened in terrace engulf the spacious great room, plus the elegant dining room that has built in cabinets. The kitchen with wood cabinetry, granite counters and floor to ceiling pantry also has large windows. Conveniently off the kitchen is the spacious laundry room with sink, cabinetry and storage closet. Just off the main foyer behind double door is the owner’s retreat with sliders to the terrace and lake views. Within this retreat, there are two customized walk-in closets, a spa like bath with double sink and vanities, oversized shower, garden tub and water closet. At the opposite end of this home are two guest suites with en-suite baths, both have access to the terrace and preserve views. One of the suites has custom built in desk system. Features include tray ceilings, new light fixtures, new ceiling fans, recessed LED lights, new Daikin AC unit, 2022 Electrolux washer and dryer, 2022 GE Cafe kitchen appliances, new garage floor that is 4 times stronger than Epoxy. Less than half a mile is the Lakewood Ranch Medical Center, I 75, and UTC Mall. Downtown Sarasota and beaches are a short drive away. Perfectly attuned to the Lakewood Ranch lifestyle, Watercrest Condominium is within short distance to Main Street, with a movie theater, shopping, dining, and community events for your enjoyment. Best of all, Watercrest is removed enough to also enjoy lakefront resort amenities in a sublime serene private setting.
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$849,000
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 | $679,200 | $679,200 | $679,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.625% | 6.500% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.209% | 6.750% | 6.745% |
Monthly Tax Payment | $731 | $731 | $731 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,349 | $4,349 | $5,917 |
Total Monthly Payment | $5,172 | $5,172 | $6,740 |
* 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.