438 Otter Creek DRIVE, Venice, FL, 34292 | $925,000

This well maintained 3203 sq. ft. pool home is a delightful haven that embodies the charm and warmth of its coastal surroundings located in the heart of Venice. This custom J&J built home is perfectly situated on a stunning lot that backs to Blackburn Canal and provides the utmost privacy. The home boasts four bedrooms, three baths, den, formal living room, formal dining room, café, great room, and oversized two car garage. Step inside and find an inviting bright and airy living space offering 12 ft. ceilings, crown molding throughout the main living area, and tile and wood flooring throughout the home. Updates include 2024 replacement of the great room window, 2023 pool cage, 2023 re-roof, 2021 AC, and 2015 AC. The open-concept floor plan seamlessly blends the living, dining, and kitchen areas, creating an ideal environment for both everyday living and entertaining. The formal living room embraces quad sliding glass doors that overlook the spacious lanai and pool. Located on the front of the home is a den with double entry doors for the most privacy. The kitchen is a chef’s delight, featuring modern appliances, wood cabinetry, solid surface countertops, ample counter space, island, breakfast bar, dual sinks, walk-in pantry, and plenty of storage. A breakfast bar and café provide a casual spot for meals, while the formal dining is perfect for hosting family gatherings or intimate dinners. The great room is open to the kitchen and includes aquarium and transom windows as well as a large triple pocketing sliding glass door that opens directly to the lanai allowing you to extend your living space outdoors. The primary suite is adorned by double entry doors that open to a large foyer and includes two walk-in closets, access to the lanai for those late night dips, and a private ensuite with dual sinks, large walk-in shower, garden tub, linen closet, and private water closet. Located on the opposite side of the home the second and third bedrooms, one with a Murphy bed and walk-in closet, while the other includes a full closet, and both share an adjacent full-sized bath. The fourth bedroom is located on the back of the home and includes a walk-in closet, built-in cabinetry and is next to the third full sized bath which doubles as a pool bath. The lanai offers a perfect spot for dining al fresco, entertaining family and friends, or simply relaxing with a book. Sawgrass is a gated established community with mature landscaping set upon 54 acres of lakes and preserves set amidst Waterford Golf course (golf membership optional) with low fees and NO CDD. Amenities include a clubhouse, large resort style heated pool, fitness facility, pickleball court, or tennis court. Located near 41, I75, new Sarasota Memorial Hospital, shopping, dining, medical, Cool It Today Atlanta Braves Spring Training Facility, and new downtown Wellen Park.

Features

  • Amenities: Clubhouse, Fitness Center, Gated, Pickleball Court(s), Pool, Recreation Facilities, Tennis Court(s)
  • Rooms: 11
  • Bedrooms: 4
  • Baths: 3 full
  • Laundry: Inside, Laundry Room
  • Style: Custom, Florida
  • Year Built: 2002
  • Garage: 2-car Driveway, Garage Door Opener, Garage Faces Side
  • Heating: Central, Electric
  • Cooling: Central Air
  • Approx Sq. Feet: 3,203
  • Acreage: 0.22
  • Est. Taxes: $5,250
  • HOA Fee: $1,738 Annually
  • Lot Desc: Cleared, City Lot, Landscaped, Level, Near Golf Course, Private, Sidewalk
  • View: Trees/Woods, Water
  • Elem. School: Garden Elementary
  • Middle School: Venice Area Middle
  • High School: Venice Senior High
  • Pool: Gunite, In Ground, Screen Enclosure
  • Pet Policy: Yes
  • Appliances: Dishwasher, Disposal, Electric Water Heater, Microwave, Range, Refrigerator
  • MLS#: N6134308
  • Days on Market: 1 day
  • Website: https://www.raveis.com
    /prop/N6134308/438ottercreekdrive_venice_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 10/1/2024 11:53:49 PM)
Listing courtesy of PREMIER SOTHEBYS INTL REALTY   Phone: 941-412-3323

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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438 Otter Creek DRIVE, Venice, FL, 34292

$925,000

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 $740,000 $740,000 $740,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.250% 6.250% 6.000%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.336% 6.348% 6.201%
Monthly Tax Payment $438 $438 $438
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $4,556 $4,556 $6,245
Total Monthly Payment $5,086 $5,086 $6,775

* 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.