Under contract-accepting backup offers. ***MOVE-IN READY | MOTIVATED SELLERS | NOT IN A FLOOD ZONE*** Ideally set on 7. 25 cross-fenced acres within the highly-rated equestrian community of The Forest at Panther Ridge, this stunning Craftsman style home offers a unique multi-generational living experience. Featuring 4 bedrooms and 3. 5 bathrooms in the main house, plus a 1 bedroom, 1 bath detached in-law suite, this property provides both luxury and flexibility for extended family living or guest accommodations. Surrounded by ancient forests, rolling green pastures, and over 17 miles of meandering private trails, experience unrivaled privacy while enjoying nature walks, horseback riding, elaborate gardens, and an abundance of undisturbed wildlife.
Completely remodeled in 2018 with a modern open concept floor plan, the main house boasts soaring cathedral ceilings and abundant natural light. Warm wood flooring flows through spacious dining and living areas. The chef's kitchen is generously appointed with gorgeous cabinets by Metro, Subzero 42” refrigerator and 24” wine storage, WOLF 48” 6-burner gas range with griddle, WOLF 24” microwave, and quartz countertops. The oversized great room sets the stage for entertaining with a floor-to-ceiling wood-burning fireplace, custom tiled mantle, and sliding doors leading to the outdoor oasis.
Enjoy the outdoors from the lanai boasting a heated saltwater pool and spa, with an enormous covered outdoor entertainment area featuring a 42” Alfresco grill, Subzero 24” outdoor refrigerator, wood-burning fireplace, and a huge TV area. At day’s end, retreat to the first-floor primary bedroom suite, boasting a sizable walk-in California closet, and an extensively remodeled spa-style bath with dual vanities, leathered granite countertops, and a glass tile shower. An ensuite guest bedroom, office, and powder room round out the downstairs space. Upstairs you’ll find a large bonus room, another fully renovated bathroom, and two large guest bedrooms with walk-in closets.
The detached in-law suite with a private entrance features a full bath with a glassed-in shower, living, dining, and kitchen areas, and a 1. 5 car garage. All of this within close proximity to shopping, dining, entertainment, A-rated schools, healthcare, nature, and recreational options. Explore world-class beaches and nearby attractions such as Lakewood Ranch Main Street, Lakewood Ranch Waterside, and Sarasota’s vibrant cultural scene.
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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 | $1,992,000 | $1,992,000 | $1,992,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.750% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.282% | 6.864% | 6.810% |
Monthly Tax Payment | $954 | $954 | $954 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $12,755 | $12,920 | $17,490 |
Total Monthly Payment | $13,834 | $13,999 | $18,569 |
* 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.