Behind 2 manned security gates lies this magnificent, expansive 4, 724 sq ft under AC home on one of the largest homesites in Pelican Marsh featuring a 1, 274 sq ft lanai with spacious pool, spillover spa, and large bar grilling kitchenette! The 2 +1 car garage spaces are equipped w/a lift for a 4th vehicle. A grand total of 7, 161 sq ft includes a spacious 21 x 20 upstairs bonus room, w/ full bath, large walk-in closet & Juliet balcony! Overall glamorous, timeless style combines elegance with contemporary elements, creating traditional design incorporating modern touches. Upon entering you will find the living room parlor centered around soaring picture windows & coffered ceiling, a stone gas fireplace plus a walk-in wet bar complemented by an alluring formal dining room! A cozy family room opens to an oversize island kitchen w/wrap-around breakfast bar, Sub Zero refrigerator in addition to a like new Wolf gas range. Additional features include attractive decorative windows plus several large picture windows throughout, large scale stone flooring thru main areas. Behind double doors you will enjoy your large primary suite w/reading area, surrounded by bright bay windows, plus the primary bath jetted tub, dual vanities & sitting vanity plus a water closet w/bidet & shower w/dual shower heads! Each main level guest suite features double sliding glass doors to the vast pool area along with full baths and walk in closets. Roof newly installed in April of 2022! Immersive surround sound indoors & out transforms the private outdoor pool space into your own tropical oasis! Bay Laurel master fee covers Community Center usage which includes tennis, fitness facility, bocce, spa + new outdoor restaurant/bar for socializing! Bask at Naples' sunny beaches, enjoy watersports, shopping, movies/dining @ Mercato & Waterside Shops, nearby golf, Artis performing arts, museums & more all a short distance from your new breathtaking home in beloved Pelican Marsh!
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Our Executive Mortgage Banker:
Our Insurance Division:
$5,294,000
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 | $4,235,200 | $4,235,200 | $4,235,200 |
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 | $1,771 | $1,771 | $1,771 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $27,118 | $27,118 | $37,185 |
Total Monthly Payment | $29,014 | $29,014 | $39,081 |
* 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.