Under contract-accepting backup offers. Back on the market!! FINAL PRICE REDUCTION!! Welcome to this exceptional 4-acre OPEN USE property featuring a recently updated 4-bedroom, 3-bathroom main residence with a refreshing pool, a charming 1-bedroom mother-in-law suite, and a spacious pole barn complete with an air-conditioned office and bath. Situated adjacent to a freshwater stocked pond with a fountain, this parcel offers a tranquil retreat in a desirable location.
The main house boasts a generous open floor plan, highlighted by a great room with a built-in speaker system, an inviting kitchen, and a dining area. Renovated with exquisite manufactured wood flooring, recessed panel cabinets, stone countertops, and stainless steel appliances, the main house exudes modern elegance. Sliders lead to the screened porch overlooking the pool deck, while a second set of sliders opens to a paver brick patio, perfect for outdoor gatherings.
All bedrooms feature new carpeting, ample closet space, and two guest bathrooms. The master suite offers a propane fireplace, a sizable walk-in closet, and a luxurious bath with a glass block Roman shower and multiple designer shower heads.
Additional highlights of the main house include a spacious pantry with a sliding barn door, an oversized laundry room with washer, dryer, spare fridge, and deep sink, conveniently located off the garage. The property also features four spotlight Ring cameras for added security, and a new roof in 2023.
The pole barn, offers versatility with enclosed sides, an air-conditioned office, and a full bath, perfect for working outside on hot summer days. The drive to the mother-in-law suite passes by the beautiful pond. This Income-Producing Mother-In-Law Suite ensures privacy and independence with the [1-bedroom, 1-bathroom] suite, complete with a fully equipped kitchen and living area. Perfect for generating rental income through long-term tenants, Airbnb rentals, or multi-generational living, this suite offers significant potential to offset mortgage payments or supplement monthly expenses. The mother-in-law suite was updated with a new metal roof and electrical panel in 2023.
This non-deed-restricted property boasts diversity and choice for those that have interests in gardening, green living, horses, boating, RVing, and would like to keep equipment, and farm animals on their property. It also has convenient access to major highways, Gulf beaches, and recreational areas, making it an ideal retreat for peaceful Florida living. Just a short commute to Sarasota Memorial Hospital Venice and various medical services, this property offers the perfect blend of tranquility and accessibility. Don't miss your opportunity to own one of the few ranch home properties available in Venice!
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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 | $799,999 | $799,999 | $799,999 |
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 | $377 | $377 | $377 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $5,189 | $5,122 | $7,024 |
Total Monthly Payment | $5,658 | $5,591 | $7,493 |
* 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.