Welcome to this exceptional home located in University Village by Medallion Home, nestled in the only cul-de-sac in the community and set on an oversized lot. With nearly 8, 000 square feet of property, this residence offers luxury, comfort, and convenience in one of Sarasota’s most sought-after neighborhoods. Just 5 minutes from Sarasota Airport, 15 minutes from University Town Center and downtown Sarasota, and 25 minutes from the beaches of Siesta Key and Anna Maria Island, the location is perfect for easy access to the area’s top destinations. With 39 golf courses, 132 restaurants, parks, and shopping close by, this home truly provides the best of Florida living.
Inside you'll find high-end features abound, from 9'4" ceilings to raised 6-panel colonial doors and deluxe colonial baseboard trim throughout. The living room’s elegant tray ceiling adds a sense of sophistication, while the gourmet kitchen boasts quartz countertops and custom pull-out shelves by Tailored Living, making it both beautiful and functional. The owner’s suite features a custom-designed closet, and all closets and the laundry room come equipped with upgraded wooden shelving systems for impeccable organization.
One of the standout features of this home is the expansive extended lanai, the largest in the community, which serves as a true outdoor retreat. With custom shades for added privacy and comfort, along with Italian-designed lighting, this lanai is perfect for entertaining or relaxing in style. You can enjoy stunning sunsets from the lanai, while the front of the house captures the morning sun, offering the perfect balance of light throughout the day.
The garage is another standout feature, with epoxy flooring, custom cabinetry, and a Rainsoft water purifier/softener system, ensuring practicality meets luxury. As part of University Village, you’ll also enjoy access to a resort-style community pool, a community center, and a Bark Park for your furry friends. Plus, with cable and internet included in the HOA, this home offers modern, connected living at its finest.
This beautifully upgraded home is a rare find. Don’t miss out—schedule your showing today, as this won’t last long!
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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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $375,920 | $375,920 | $375,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.375% | 7.125% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.474% | 7.282% | 6.412 |
Monthly Tax Payment | $315 | $315 | $315 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,596 | $2,533 | $3,198 |
Total Monthly Payment | $2,986 | $2,923 | $3,588 |
* 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.