One or more photo(s) has been virtually staged. This rare estate size mid-century modern split level home on 5 wooded acres seamlessly blends minimalist elegance with natural surroundings offering a peaceful private retreat. The main house is approx. 7, 000 sqft of expansive living space with 5 bedrooms/5 baths that includes 4 en suites, each over 500 sqft. The front doors open to the 2d level living room with a view through the center of the home to the pool and backyard blurring the lines between indoor and outdoor living, reminiscent of the Sarasota School of Modern Architect embracing natural elements with old Florida charm. The back of the house has over 50 feet of ceiling to floor glass doors and windows filling the house with light. The 1st and 3rd levels open directly onto the large pool deck. The 1st level kitchen/dining room is approx 840 sqft and opens to the 810 sqft family room with a large wet bar with space for another full refrigerator. Centering the room is a travertine fireplace that warms the heart of the home in the winter. The en suite bedroom on the 1st level can also be used as a home gym. The 3rd level has 2 en suite bedrooms, including the primary, both with access to the balcony that stretches the length of the house, a great spot to enjoy morning coffee while watching the sun rise or for the band, choir, or music ensemble to entertain at your outdoor parties. There is also a built in office on the 3rd level that can easily be converted to a master dressing room or nursery. The 2d level faces the front of the house and has 2 more bedrooms, one an en suite and the other has a bathroom just outside its door to be shared with guests. An additional storage room and large laundry room are also on the 2d level. All of the bedrooms are large enough for king beds, sitting/study areas, with lots of storage. Each of the levels has a living room and library. The large front circular driveway can easily park 20 cars; has a basketball area; and an attached 3 car garage with a covered breezeway to enter the main house kitchen. The property is wrapped in trees offering privacy in a park like setting teeming with Florida wildlife and has several fruit trees and a large pond. Behind the main house is a separate, detached, 1 bedroom/1 bath cottage, approx. 1, 000 sqft, with a fireplace/pizza oven and 30ft of glass doors. Further back is a separate detached workshop/storage building that can be converted to a barn. Horses are welcomed! Located in coveted Timberland Ranchettes, a neighborhood of 13 homes just 3 miles east of 75 and only 10 miles to Siesta Key, across from Skye Ranch. This exceptional property is ready for you to add your personal touches and create your own retreat.
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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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,800,000 | $1,800,000 | $1,800,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.625% | 6.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.545% | 6.748% | 6.932% |
Monthly Tax Payment | $806 | $806 | $806 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $11,675 | $11,526 | $15,928 |
Total Monthly Payment | $12,606 | $12,457 | $16,859 |
* 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.