Now you have the opportunity to own an award-winning home in the most desirable community within Lakewood Ranch at The Lake Club! This Tuscan inspired neighborhood is stunning with fountains, cobblestone bridges, and interlinking lakes. This three-time Parade of Homes winner is the former Adalia model by London Bay Homes gracing over 60’ of lakefront views from the open lanai. Uniquely situated in the Matera section, this is the ONLY maintenance free section within the Lake Club. This lakeside home is one of only 35 homes and includes grounds maintenance, mulching, trimming, fertilizing, irrigation and pool maintenance in your dues – a rare find anywhere! Additionally, homes on the lake side of the street do not come to market often. Quality construction and elegance describe this lovely home in the original section of The Lake Club. This gorgeous London Bay home has had only one owner and has been lightly lived in the entire time. You will be enamored by how large this home lives due to its thoughtfully designed layout. Complete with 3 bedrooms, 3 bathrooms plus a study that can easily be used for guests due to the added motorized blinds on the French Doors for privacy is the perfect retreat for any family. As you enter the inviting foyer, you will immediately appreciate the 10’ sliding glass doors that beckon you outside to the soothing lake views and relaxing pool and spa. Seamless entertaining is possible with this expansive-great room, kitchen and dining area with voluminous ceilings and timeless design. Additionally, every spacious bedroom has its own private refuge. The third bedroom is now an ensuite due to a privacy door being added. This home is Green Certified for energy efficiency including both impact windows and doors and icyanene foam insulation throughout the entire home. Ongoing enhancements include: 2023 wine refrigeration inside, 2023 bar fridge at the outdoor kitchen, motorized blinds, new AC thermostat for remote access, 2021 sunscreens on the back lanai, 2020 AC compressor and dehumidifier, new epoxy garage floor and garage cabinets for seamless storage. The Lake Club provides the lifestyle you deserve with an abundance of amenities including, a private gated community with 24/7 guarded security, Linear Park, a stunning grande clubhouse with restaurant, pool terrace with lounge bar, gathering room with fireplace, card tables and billiards along with a gorgeous pool and children’s pool. State of the art gym and yoga studio, sauna, playground, basketball court, dog park, and interlinking lakes for kayaking or fishing. If your passion is tennis or pickleball, you will be thrilled with six clay tennis courts with ball machines and on-site coach and four pickleball courts. Lakewood Ranch is the top multi-generational community in the country for five years in a row with award-winning shopping, dining, A-rated schools, parks, and nearby beaches.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,995,000
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 | $1,596,000 | $1,596,000 | $1,596,000 |
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 | $1,696 | $1,696 | $1,696 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $10,219 | $10,219 | $14,013 |
Total Monthly Payment | $12,040 | $12,040 | $15,834 |
* 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.