Coastal point of view with inland peace of mind! Iconic waterfront sunsets await without the drama of living too close to the ocean. Positioned 15 miles east from the nearest beach, boasts a private estate on Ward Lake to build your Florida dream home. Battle tested through the most challenging hurricane season this area has seen in well over a century, this property did not suffer any significant flooding or wind damage. And while this history is no guarantee against future storm risks, it does provide valuable insight. Bordering a fresh water lake in Manatee County, the property does not experience tides. Furthermore, a dam separates Ward Lake from the brackish water of the Braden River, making it more resistant to storm surge. Nevertheless, Ward Lake still remains boatable with fishing, sightseeing, and entertainment/dining options available. This exquisite property presents a unique opportunity to acquire two parcels seamlessly combined into one expansive 3. 34-acre estate. The water frontage 2. 17 acre parcel is listed separately (MLS: A4603303) should you only want to purchase the vacant parcel. Embodying the essence of Florida charm and modern luxury, this offering includes a cottage exuding its character and amenities. On over an acre of lush land, Hidden Cove Cottage stands as a turnkey masterpiece, meticulously furnished and renovated while maintaining its original heart of pine wood frame and classic metal roof. This three-bedroom, two-bath home seamlessly blends historic craftsmanship with modern comforts. The open floor plan showcases updated baths, bamboo flooring, a screened-in deck and a fire pit. Revel in panoramic water views and unmatched privacy within the secured perimeter, encompassing over an acre of protected property shielded by an 8-foot concrete privacy wall and security gate. Whether hosting family and friends or considering it as a rental property, this cottage enhances the estate’s appeal with its natural integration and proximity to recreational amenities. Operating as a successful short-term rental, it presents an excellent investment opportunity for discerning homebuyers. Beyond its private gates, this estate provides a lifestyle of leisure and adventure. With over 225 feet of shoreline along Ward Lake, residents can indulge in boating excursions or simply unwind amid the tranquil waters and verdant landscapes. Golf enthusiasts will appreciate the nearby courses, while a convenient boat ramp offers easy access to the expansive 1, 000-acre reservoir and river system, ideal for exploring the natural wonders of the region. Strategically just a mile from Interstate 75, the estate ensures effortless access to urban conveniences while preserving a secluded oasis. Shopping, dining and entertainment options are minutes away, allowing for a balance of tranquility and convenience. This distinguished property on Ward Lake encapsulates the epitome of waterfront living in Florida, combining unparalleled privacy, historical allure and contemporary comforts. Whether seeking a private sanctuary or an investment opportunity, seize the chance to own a piece of Florida’s natural beauty and timeless charm. For inquiries or to schedule a private viewing, contact me today to explore this exceptional waterfront estate. Live the life you’ve always dreamed of, where every day unfolds amid the beauty of Ward Lake and the allure of the Sunshine State. Let's Talk. . . .
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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 | $1,112,000 | $1,112,000 | $1,112,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.625% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.620% | 6.735% | 6.806% |
Monthly Tax Payment | $219 | $219 | $219 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $7,212 | $7,120 | $9,763 |
Total Monthly Payment | $7,556 | $7,464 | $10,107 |
* 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.