5945 Ravenwood DRIVE, Sarasota, FL, 34243 | $694,000

**THIS PROPERTY QUALIFIES FOR A 1. 5% LENDER INCENTIVE IF USING PREFERRED LENDER. INQUIRE FOR MORE DETAILS. ** Discover a rare opportunity to own a custom-built home on one acre in the sought-after Ravenwood community. This spacious 4 bedroom 2 bathroom home, complete with an additional den, has been thoughtfully updated to offer both comfort and functionality. Updates include a new roof in 2019, water heater in 2022, and new tile plank flooring installed in the bedrooms. A circular paver driveway greets you, leading to a welcoming screened front porch and impressive double French doors. Step inside to discover a grand interior with marble floors, elegant columns, and soaring cathedral ceilings. In the formal living room, dual sliding glass doors lead to an expansive screened lanai, seamlessly connecting indoor and outdoor living. The kitchen offers a generous breakfast bar, granite countertops, and a pantry, all overlooking the family room, where a wood-burning fireplace adds warmth and character. Beyond the lanai, a brick paver patio extends into the expansive backyard, framed by mature trees with a glimpse of the serene creek. The backyard, with plenty of room for a pool, awaits your personal touch as a private retreat. The primary suite serves as a refined sanctuary, enhanced by crown molding and elegant columns that continue into the space. This private retreat includes room for a sitting area, dual walk-in closets, and an ensuite bath with marble floors, a tiled shower, and a soaking tub crafted for relaxation. Across the hall lies a versatile den, ready to be customized to suit your needs, while three additional bedrooms are thoughtfully positioned on the opposite side of the home, accompanied by a well-appointed bathroom featuring dual sinks for added convenience and privacy. Situated within the quiet deed restricted Ravenwood community, this home offers the perfect blend of space, privacy, and serenity, all just moments from Sarasota’s premier shopping, dining, and entertainment destinations at UTC, Lakewood Ranch Main Street, and Waterside Place.

Features

  • Rooms: 13
  • Bedrooms: 4
  • Baths: 2 full
  • Laundry: Inside, Laundry Room
  • Style: Custom
  • Year Built: 1997
  • Garage: 2-car Driveway, Garage Faces Side, Ground Level
  • Heating: Electric
  • Cooling: Central Air
  • Approx Sq. Feet: 3,207
  • Acreage: 1
  • Est. Taxes: $6,599
  • HOA Fee: $222 Annually
  • Lot Desc: In County, Oversized Lot
  • View: Trees/Woods
  • Elem. School: Emma E. Booker Elementary
  • Middle School: Booker Middle
  • High School: Booker High
  • Pet Policy: Yes
  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • MLS#: A4626451
  • Days on Market: 47 days
  • Website: https://www.raveis.com
    /prop/A4626451/5945ravenwooddrive_sarasota_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 12/26/2024 9:02:42 AM)
Listing courtesy of KELLER WILLIAMS CLASSIC GROUP   Phone: 941-900-4151

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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5945 Ravenwood DRIVE, Sarasota, FL, 34243

$694,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

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 $555,200 $555,200 $555,200
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 $550 $550 $550
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,835 $3,740 $4,723
Total Monthly Payment $4,477 $4,382 $5,365

* 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.