5591 Downham Meadows, Sarasota, FL, 34235 | $749,000

Winding through the picturesque community of The Meadows, you’ll admire moss-laden oaks, grand fountains, and 3 well-groomed golf courses. Woven among 1650 acres, enjoy over 85 lakes and preserve hammocks graced with wildlife. Tree-canopied streets are united by walking and biking paths, nature and fitness trails within a lush tropical oasis creating the perfect environment for an active and relaxing lifestyle. This is the setting for this immaculately updated 3 bedroom, 2 full bathroom pool home. A recipient of Best Landscaped Yard, the creatively curated curb appeal of a private botanical garden leads to the custom leaded-glass entry with double side lights. The foyer opens to a great room boasting ceilings soaring to 11 feet and abundant architectural features, creating the heart of this home. Casual elegance influences this welcoming home, and the smart layout of the 1, 883 sq. ft. allows for the perfect backdrop for ease of living and entertaining. Open the disappearing sliding glass doors to the spacious lanai to double the space and invite the breezes and beautiful golf course vistas and the sparkling, private pool. Long double lake views frame the fairway and a charming bridge evokes a calm ambiance. An open breakfast bar invites coffee in the morning and adjoins the living and dining areas, making the kitchen and dining space light and bright. This home chef’s kitchen is enhanced with new cabinetry and handy pull-outs, stainless appliances, induction cooktop, quartz counters, and a large built-in pantry. The views from the living area through the disappearing sliders and the screened lanai and beyond to the winding waterways and greens of the private Meadows golf course will mesmerize. Take a dip or easily swim laps in the 36-foot heated lap pool with fountain feature. Relax in the shaded area of the oversized paver lanai or dine al fresco as the sunset provides entertainment for the evening. Split-plan bedrooms provide the utmost privacy to guests. French doors lead to the expansive primary suite with sliders to the lanai. A spa-like escape awaits in the en suite bathroom with a spacious frameless rain shower, soaking tub, split vanities, and walk-in closet. The second bedroom is perfect for guests with a walk in closet and the third bedroom makes a perfect home office, study, hobby room or den, with the guest/pool bath providing a nicely updated space. A well-equipped laundry room has built-in cabinets, full size sink, and extra storage. In addition, there’s a 2-car garage with added storage space, additional attic insulation, hurricane protection for front door as well as lanai. This home features peace of mind being above flood plain in desired zone x with a new tile roof and protective impact windows and sliders throughout. The vibrant social community amenities include a heated Jr. Olympic community pool, hot tub, community center, pickleball, basketball and tennis courts, optional country club memberships, private dog park, and a modern lifestyle and fitness center. Centrally located and convenient to downtown Sarasota for arts and cultural venues and spectacular Gulf of Mexico beaches. World-class shopping/dining at UTC Mall, festivals and athletic competitions at neighboring Benderson Park, Mote SEA Aquarium, SRQ airport, and Lakewood Ranch’s Main Street and Medical Center are all within a quick drive. Extensive updates and improvements list available and also in attachments.

Features

  • Amenities: Basketball Court, Clubhouse, Fence Restrictions, Fitness Center, Golf Course, Optional Additional Fees, Park, Pickleball Court(s), Playground, Pool, Security, Spa/Hot Tub, Tennis Court(s), Trail(s), Vehicle Restrictions
  • Rooms: 8
  • Bedrooms: 3
  • Baths: 2 full
  • Laundry: Electric Dryer Hookup, Inside, Laundry Room, Washer Hookup
  • Year Built: 1994
  • Garage: 2-car Driveway, Garage Door Opener
  • Heating: Central, Electric
  • Cooling: Central Air, Humidity Control
  • Approx Sq. Feet: 1,883
  • Acreage: 0.27
  • Est. Taxes: $4,658
  • Lot Desc: Landscaped, On Golf Course, Sidewalk
  • View: Garden, Golf Course, Park/Greenbelt, Pool, Water
  • Pool: Gunite, Heated, In Ground, Lap, Screen Enclosure
  • Pet Policy: Yes
  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • MLS#: A4626373
  • Days on Market: 1 day
  • Website: https://www.raveis.com
    /prop/A4626373/5591downhammeadows_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 11/14/2024 5:17:07 PM)
Listing courtesy of COLDWELL BANKER REALTY   Phone: 941-383-6411

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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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5591 Downham Meadows, Sarasota, FL, 34235

$749,000

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 $599,200 $599,200 $599,200
Term 360 months 360 months 180 months
Initial Interest Rate** 7.250% 6.990% 5.990%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.655% 7.146% 6.276%
Monthly Tax Payment $388 $388 $388
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $4,088 $3,982 $5,053
Total Monthly Payment $4,568 $4,462 $5,533

* 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.