Pre-Construction. To be built. Under Construction. Step into the pinnacle of modern luxury with this stunning home located in the prestigious Oyster Bay Estates, inspired by the Sarasota School of Architecture and built by The Holliday Group. Nestled on a generous 18, 351 sq ft lot with 70 feet of serene lake frontage, this architectural masterpiece offers a blend of style, comfort, and sophistication. Not located in a flood zone, this residence is a fantastic alternative to barrier island living, offering access to award-winning beaches without the hustle and bustle of island traffic. Designed with durability and safety in mind, this home is built to today's hurricane codes, featuring concrete block construction, impact-rated windows and doors by Origin and PGT, and a 26KW LP gas generator to ensure comfort and piece of mind during any power outages.
KEY FEATURES ON MAIN FLOOR:
• Open-concept first floor, featuring a state-of-the-art kitchen with Wolf, Sub-Zero, and Cove appliances, quartz countertops, custom cabinetry, and a large island. This space flows seamlessly into the great room and a flex room that can serve as a 5th bedroom suite.
• Expansive first-floor primary suite with private covered lanai
• Spacious 3-car garage with soaring 12-foot ceilings ( high enough for car lifts), plus an additional 2-car carport• Incredible outdoor living includes a saltwater swimming pool and spa, paver decking, and lush landscaping – perfect for entertaining or relaxing by the water.
SECOND FLOOR HIGHLIGHTS:
• 3 en-suite bedrooms
• Theater room for a cinematic experience
• Family room and an expansive outdoor covered balcony for additional lounging space
Elevator Access takes you to all levels, including the impressive THIRD-FLOOR lounge and rooftop terrace, offering sweeping views and the ultimate private retreat.
Green Features:
• Icynene open spray foam insulation
• 16 SEER multi-zone HVAC system with advanced filtration
• Energy-efficient gas grills, cooktops, and fireplace
This lot-home package also includes 80 hours of interior design services for the assistance with development of the final interior design finish schedule.
Located in an excellent school district, this home offers the perfect combination of luxury, convenience, safety and Florida living at its finest.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
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Our Executive Mortgage Banker:
Our Insurance Division:
$6,975,000
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 | $5,580,000 | $5,580,000 | $5,580,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.625% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.282% | 6.762% | 6.036% |
Monthly Tax Payment | $364 | $364 | $364 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $35,729 | $35,729 | $48,992 |
Total Monthly Payment | $36,218 | $36,218 | $49,481 |
* 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.