Under contract-accepting backup offers. Once in a lifetime opportunity! Don’t miss this extremely rare opportunity to own nearly 4 acres in the heart of Lakewood Ranch’s highly desirable River Club. Custom built home in 1992 by local builder E M Kolb Construction featuring over 3200 square feet with 3 bedrooms, 3 baths, den/office, formal living and dining areas, a spacious eat-in kitchen and a family room featuring a gas fireplace and scenic views. The pocket sliders make for a seamless transition out onto the covered and screened lanai, a great space to take in the nature that surrounds you while taking a dip in the pool or heated spa. The oversized 4-car garage boasts an impressive work bench, a charging station for your electric vehicle, 2 storage closets and plenty of room for your cars, trucks, toys and more! Convenient whole house central vac. Custom Leaf Filter Gutters. Tucked privately off the long private drive, this property borders muti-acreage neighboring properties and 34 acres of wild Florida splendor in Manatee County’s public natural conservatory park Johnson Preserve on the Braden River. Experience Florida flora and fauna in your own backyard. Private lagoon, with access to the Braden River, walking trails, lush mature landscape. The possibilities are endless! Tired of seeing sterile design with no character? Looking to making it your own? This current open concept, split floor plan with 11-foot+ ceilings provides the perfect layout for your own amazing remodel. Panoramic views of your personal forest from nearly every room in the house. NEW ROOF (2023), NEW A/C (2020). Moments from downtown Lakewood Ranch, Waterside, shopping, award-winning beaches, Sarasota and so much more! Call for a private showing today.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,150,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
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 | $920,000 | $920,000 | $920,000 |
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 | 7.321% | 6.826% | 6.936% |
Monthly Tax Payment | $554 | $554 | $554 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $5,967 | $5,967 | $8,141 |
Total Monthly Payment | $6,646 | $6,646 | $8,820 |
* 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.