430 Pheasant WAY, Sarasota, FL, 34236 | $4,197,000

Under Construction. Located in the high-demand waterfront community of Bird Key, this brand new elite home of luxury will impress with excellence in craftsmanship and eye-catching amenities at every turn. The award-winning team at Allegra Homes introduces the handsome two-story 3, 426 sq. ft. “Sorento” that exudes sophistication from concept to creation. A significant ambiance of beauty and charm invites exploration through an enticing foyer entry that opens to stunning interiors and amazing architectural details enhanced by natural light throughout. There are a variety of interesting nuances sure to please in this 4-bedroom, 4. 5 bath home with bonus and media rooms. The magnificent great room features a 22-ft. beamed recessed ceiling and entertainment wall with fireplace, and is open to a dining room with built-in buffet and wine fridge and an outstanding island kitchen with premium appliances and all the culinary items needed for delightful meal preparation. The covered poolside dining/living area with top-of-the-line outdoor kitchen is perfect for memory-making moments with family and friends. In addition to the outdoor living area, the pool screen encloses the heated pool and spa to create a beautiful oasis to be treasured and enjoyed. Open up one wall in the bonus room and you have additional indoor/outdoor space for entertaining. There’s an adjacent pool bath for convenience. The enormous first-floor owner’s suite is separate from the rest of the house and offers the ultimate personal retreat with double walk-in closets and a glam bath with designer style free-standing tub, frameless glass shower, dual sinks and private water closet. A lovely guest ensuite is also located on the first floor. Upstairs are 2 bedrooms, 2 baths and a generous media room. The gorgeous winding staircase is enhanced with metal railing adding a touch of refinement and artistic style. Additional features include an elevator shaft; natural gas cooktop, grill, water heater and pool heater; epoxy finished 2-car garage; professional landscaping and irrigation well; impact windows and doors; paver drive/walk and much more. Membership in the Bird Key Yacht Club offers a marina, dock rental privileges, casual and formal dining, clay tennis courts, and a deck for watching the boats traveling through New Pass. This exclusive guard-gated enclave boasts 510 homes in one of the most prestigious residential areas on Florida’s West Coast and is within minutes to Lido Key beaches, world-class St. Armands Circle, and exciting downtown scene. Live in the home of your dreams in a coveted central location where every convenience is easily within reach. Simply the best of the best!

Features

  • Rooms: 15
  • Bedrooms: 4
  • Baths: 4 full / 1 half
  • Laundry: Inside, Laundry Room
  • Style: Custom
  • Year Built: 2025
  • Garage: 2-car Driveway, Garage Door Opener
  • Heating: Central, Electric, Zoned
  • Cooling: Central Air, Zoned
  • Approx Sq. Feet: 3,461
  • Acreage: 0.27
  • Est. Taxes: $11,650
  • HOA Fee: $700 Annually
  • Lot Desc: Flood Insurance Required, FloodZone, Sidewalk
  • View: Garden, Pool
  • Elem. School: Southside Elementary
  • Middle School: Brookside Middle
  • High School: Sarasota High
  • Pool: Gunite, Heated, In Ground, Lighting, Pool Alarm, Salt Water
  • Pet Policy: Yes
  • Appliances: Built-In Oven, Cooktop, Dishwasher, Disposal, Microwave, Range Hood, Refrigerator, Tankless Water Heater, Wine Refrigerator
  • MLS#: A4596114
  • Days on Market: 281 days
  • Website: https://www.raveis.com
    /eprop/A4596114/430pheasantway_sarasota_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 11/2/2024 4:23:55 AM)
Listing courtesy of Greco Real Estate   Phone: 941-685-0449

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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

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
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Our Insurance Division:

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430 Pheasant WAY, Sarasota, FL, 34236

$4,197,000

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 $3,357,600 $3,357,600 $3,357,600
Term 360 months 360 months 180 months
Initial Interest Rate** 6.625% 6.750% 6.500%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.343% 6.864% 6.725%
Monthly Tax Payment $971 $971 $971
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $21,499 $21,777 $29,248
Total Monthly Payment $22,595 $22,873 $30,344

* 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.