Under contract-accepting backup offers. Stunning Mediterranean masterpiece perched upon the best lot in the 24-hour guard gated community of Phillips Landing. This one-of-a-kind property has never been offered for sale and sits on a private peninsula with breathtaking 180-degree views of Big Sand Lake. As you pull down the 160-foot-long driveway, past the fountain, and under the porte cochere you will know you have arrived at a very special home. Stepping through the custom iron doors, your eyes are immediately greeted by soaring 25-foot ceilings, a grand curved staircase, and a wall of windows overlooking the pool and lake. From the imported marble tile, and stone columns, to the custom woodwork and grand chandeliers, no expense was spared in the construction of this exquisite residence. The gourmet kitchen features a large center island, top-of-the-line appliances, and a large breakfast nook with windows overlooking the lake. The enormous primary suite features a separate sitting area, two massive closets with custom cabinetry, a breakfast bar, and a spa bath with exquisite marble and onyx tile, a jetted tub, and an oversized walk-in shower. There are also two additional guest suites on the first floor along with a home office, and both formal and informal living rooms overlooking the water. On the second floor you will find a billiards room, home theater, and three additional bedroom suites. As you step through the French doors to the back yard will find a resort style pool with incredible water views, a boat dock with a private gazebo on the lake, and a new sea wall that extends along the entire shoreline. For the car enthusiast, there is an oversized three car garage, and plenty of additional parking along the expansive driveway and motor court. The location simply can’t be beat, located minutes from famed restaurant row and a short drive from world class shopping and all the area theme parks, there will never be a shortage of things to do. Don’t miss your opportunity to own this lovely home.
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Our Executive Mortgage Banker:
Our Insurance Division:
$5,500,000
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 | $4,400,000 | $4,400,000 | $4,400,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.625% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.620% | 6.735% | 6.806% |
Monthly Tax Payment | $2,316 | $2,316 | $2,316 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $28,538 | $28,174 | $38,632 |
Total Monthly Payment | $30,979 | $30,615 | $41,073 |
* 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.