This home has proven its strength and durability through the challenges of the 2024 hurricane season. During Hurricane Helene, while many coastal properties and barrier island homes experienced significant flooding, the storm surge never even reached the pool of this home. Additionally, in the face of Hurricane Milton's record-breaking winds, this home emerged unscathed, with zero damage. These storms truly tested the resilience of properties in our area, and this exceptional home has passed with flying colors, showcasing its ability to weather the strongest of nature’s elements.
Crowning the esteemed West-of-Trail neighborhood of San Remo Estates, this grand 7, 960 sq ft waterfront property, carefully positioned to capture only breathtaking views, epitomizes luxury waterfront living. Sprawling bay and inter-coastal views, only panoramic, and rarely available here. This estate is not just a home; it is a resort in its own right, offering a lifestyle of unparalleled opulence and ultimate convenience.
Commanding a prime location, close to downtown and Siesta Key, parcels of this magnitude are exceptionally rare, making this offering extraordinarily special. With its significant water frontage curving to create a protected boat basin, this property ensures a blend of privacy, security, and waterfront access that is difficult to match.
The residence exudes an elegant blend of stunning modern mediterranean design, open floor plan, two expansive master suites, along with three additional guest suites, thoughtfully designed to offer tranquil separate retreats for privacy and relaxation. A sophisticated Smart Home System with extensive audio and video zones is an expected and well-deserved addition, along with a gourmet kitchen with top-tier Viking appliances, a luxurious 1, 000-bottle wine room, and a pantry.
Outdoor living is at an elite level, with multiple large terraces, including an Alfresco kitchen and a unique swim-up bar, an entertainer's paradise. The expansive patio overlooks the crystal-clear bay with a sunset orientation, perfect for evening gatherings. Additional luxury amenities include an impressive 827 Sq ft pool with two spas, a rooftop deck for panoramic views, and a waterfront basketball court, offering endless fun and opportunities to create lasting memories.
For the automobile enthusiast or those who value expansive spaces, this estate also serves as a collector’s dream with ample secure parking.
This property is a true estate in every sense of the word, offering not just a home, but a lifetime of luxury and memories. Available for the discerning buyer seeking the ultimate in privacy, luxury, and location, this property is a rare gem in Sarasota’s prestigious real estate market. ***The main house's heated area is 6, 710 square feet. With the new garage, there's an extra 1, 250 square feet. Total heated area is 7, 960 square feet. ***
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William Raveis Mortgage, LLC
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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 | $10,000,000 | $10,000,000 | $10,000,000 |
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% | 6.876% | 6.725% |
Monthly Tax Payment | $4,936 | $4,936 | $4,936 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $64,031 | $64,860 | $87,111 |
Total Monthly Payment | $69,092 | $69,921 | $92,172 |
* 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.