One or more photo(s) has been virtually staged. This stunning waterfront estate, built by John Cannon, is an exceptional blend of modern luxury, coastal chic design and thoughtful functionality. Newly completed in November 2024, this home offers a rare opportunity to enjoy unparalleled Intracoastal waterway views from nearly every room. Set on 1. 3 private, gated acres, this exquisite residence combines elegant design with a tranquil, retreat-like ambiance. High-end finishes are present throughout, including oak wood flooring, tray ceilings and 8-foot doorways, all accented by an abundance of natural light pouring in through large windows and corner pocket doors. The layout is ideal for everyday living and grand entertaining, with an open flow between the great room and chef-inspired kitchen. The kitchen is a showstopper, featuring sleek quartz countertops, a spacious single-level island with a breakfast bar and top-of-the-line Viking stainless steel appliances, including a 48-inch gas cooktop, a built-in oven and a convection microwave. A walk-in pantry and a stunning glass-enclosed wine room further elevate this gourmet space. The upper-level bonus room offers an added level of versatility, equipped with a wet bar and built-in beverage refrigerator. The home's luxurious baths showcase exotic tile selections, offering a spa-like experience, while the main-level owner’s suite provides the utmost in convenience and privacy. A dedicated elevator offers access to upper-level bedrooms and the bonus room, while an additional bedroom and bath are also on the main floor. Outside, the outdoor living area is equally impressive, with a heated pool, spa, and summer kitchen, ideal for entertaining and enjoying magical sunset views over Casey Key. There is also ample space to build an additional guest house or casita, offering endless possibilities for expanding this waterfront oasis. Just 1. 2 miles from Nokomis Beach, this estate offers easy access to the best of coastal living, including waterfront dining and vibrant downtown Venice and Sarasota. Don't miss the opportunity to make this extraordinary estate your own. Schedule a viewing today and experience this unparalleled waterfront lifestyle.
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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 | $5,180,000 | $5,180,000 | $5,180,000 |
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 | $1,090 | $1,090 | $1,090 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $33,597 | $33,168 | $45,480 |
Total Monthly Payment | $34,812 | $34,383 | $46,695 |
* 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.