Here we have gem of modern luxury crafted by the renowned Arthur Rutenberg Homes. Nestled in the coveted community of Lakehouse Cove within the popular Waterside community of Lakewood Ranch, this custom-built home offers the perfect blend of elegance and comfort. Upon entering, the discerning eye will immediately appreciate the high-quality finishes and contemporary design that define this home. The open floor plan creates an inviting space for entertainment, highlighted by high ceilings, tray ceilings, and energy-efficient LED lighting. The ambiance is further enhanced by the fireplace, modern ceiling fans, and stylish pendant lighting. The kitchen is perfect for the cook of the family, featuring a gas cooktop, premium appliances including a wine refrigerator and warming drawer. A built-in dry bar with lighted cabinets is perfect for displaying your fine glassware. The dining area overlooks the fabulous outdoor space with corner sliders that open allowing in and out living during most months of the year. This home has a formal dining room and this space can be enclosed for a front office/den. The split bedroom layout ensures privacy for both homeowners and guests, with the primary bedroom exuding luxury and offering direct access to the pool deck. The primary bathroom boasts dual vanities, a private water closet with washlet, a spacious shower, and is pre-plumbed for a tub. All bedrooms have access to a bath, including the bonus room that is currently being used as a 2-person office. Add a closet and have a 4th bedroom. Entering the home from the 3-car side entry garage, there are built-ins giving some extra storage and the laundry room with a window that has a motorized blind, a wet sink and a hanging rod. Beyond the interior, the outdoor living space is a true oasis, complete with a gas heated saltwater pool, full-sized spa, and a sun shelf for leisurely relaxation in the water. The outdoor kitchen, equipped with a Fire Magic grill, sink, and TV, sets the stage for unforgettable al fresco dining experiences. The backdrop is very private with a tropical water and green scape view. And, for your peace of mind, the windows and doors are hurricane rated plus there is a whole house auto transfer generator. The yard care, irrigation water and amenities are maintained by the HOA. Lakehouse Cove presents an array of amenities, most with incredible views of a large lake with spectacular sunsets, and offers a community pool, spa, event lawn, pickleball courts, bocce ball, fitness facilities, doggies park, playground and a social room. Residents also have access to the boathouse for kayak storage and can enjoy the convenience of a water taxi service to the Waterside shops and dining, when in service.
This remarkable home, located in Sarasota and part of Lakewood Ranch, named the #1 multi-gen master-planned community for six consecutive years, this home offers the perfect combination of luxury, comfort, and a vibrant community lifestyle. Easy access to the University Town Center, Waterside Village and Center Pointe for a plethora of shopping, dining and outdoor activities. The location on the southside of University Parkway also allows for a convenient drive to downtown Sarasota and the beach. Do not miss this opportunity when searching for a high quality home with today’s modern features and easy access to grocery, shopping, dining and outdoor activities. See the video for a closer look. Full feature sheet available.
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,832,000 | $1,832,000 | $1,832,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.750% | 6.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.406% | 6.864% | 7.058% |
Monthly Tax Payment | $1,003 | $1,003 | $1,003 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $11,882 | $11,882 | $16,212 |
Total Monthly Payment | $13,010 | $13,010 | $17,340 |
* 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.