This compound (1336 and 1338 Harbor Drive) waterfront estate in the West-of-the-Trail Harbor Acres community offers a perfect blend of luxury, privacy, and serenity. The Chicago brick circular drive welcomes you to a walled property framed by lush greenery and large specimen trees. Tucked in the back of the quieter waters of a serene bayou, this home offers two boat docks, one with two boat lifts, perfect for the water enthusiast. Remodeled down to the studs two and a half years ago, the residence showcases superior craftsmanship throughout, featuring DuChateau European white oak floors, extensive shiplap paneling, Carrara marble baths, and Anderson/Eagle impact French doors and windows. Sitting in a protected bayou, the water views are extensive and peaceful. The heart of the home boasts a chef's kitchen with marble walls, stainless steel appliances, quartz countertops, and an island perfect for casual dining. Additional spaces include a paneled library/sunroom and paneled living room with an open flame, gas-assisted fireplace. The floorplan encompasses two primary suites – one conveniently situated on the main level with lanai access and the other located upstairs featuring direct access to a spacious deck with water views. The oversized upstairs master bath boasts Carrara marble, a soaking tub, dual vanity, and a large, dual-position steam shower. Three additional bedrooms on the main floor offer abundant privacy and all have en-suite baths for a total of five en-suite bedrooms. The outside lanai is a tropical oasis with a fireplace, sparkling pool, integrated hot tub, fire pit, and expansive landscaped gardens, all set against a backdrop of serene, protected waters. The property has two Trex docks (one for each of the two separate lots). A recently constructed Duncan 16, 000-lb beamless boat lift and a beamless dual kayak or jet ski lift provide quick and effortless access to Sarasota Bay. The meticulously planted garden flows across both lots, behind ivy-covered walls, and includes a large lawn and many large specimen trees, including grand oaks, southern magnolia and Cuban laurels. Located near Southside Elementary, Southside Village, and Morton’s Gourmet Market, this home is just a short walk from downtown Sarasota. The adjacent landscaped, saleable lot (1338 Harbor) is included in the sale price and presents an opportunity for a separate home or expansion. This rare estate in Harbor Acres offers a lifestyle of luxury, combining waterfront views, exceptional indoor and outdoor living spaces, an extra lot, and a prime location that places you at the heart of Sarasota's amenities.
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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 | $9,596,000 | $9,596,000 | $9,596,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.625% | 6.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.545% | 6.748% | 6.932% |
Monthly Tax Payment | $6,769 | $6,769 | $6,769 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $62,239 | $61,444 | $84,916 |
Total Monthly Payment | $69,133 | $68,338 | $91,810 |
* 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.