This stunning and sophisticated custom waterfront home, designed for welcoming family and friends, awaits on a luxurious 3-acre property on Manasota Key's idyllic Lemon Bay. Enter through the gates and meander along the long driveway through gardens with waterfalls, sculptures, and manicured putting greens. Arrive at the stately porte cochere – the entrance to this magnificent estate. The architectural details are striking, from the double leaded glass front entry doors to the glowing custom stained glass transom windows encircling the first floor, all leading to over 12, 000 square feet of resort style living space. A glass elevator is conveniently located in the two-story foyer, completing the remarkable lobby space. Meticulous attention to detail, optimal comfort, and thoughtful design are evident in every room of this home. The residence boasts six bedrooms, ten full bathrooms, one half bathroom, and features two well-organized laundry rooms for convenience. The impressive library is adorned with floor-to-ceiling built-in bookshelves and a well-appointed bar, creating an inviting and stylish space. The family room offers multiple glass doors that lead to the terrace, providing an abundance of natural light, complemented by two closets equipped with built-in sinks, cabinets, and beverage coolers. High tray ceilings and a movie screen with projector enhance the ambiance of this space, while a bonus room, an office, an expansive living room, a state-of-the-art gym, and a formal dining room collectively ensure ample accommodation for guests. The kitchen is a professional chef’s dream, with two islands, Sub-Zero appliances, a ten-burner Wolf cooking range, wine refrigerator, beverage cooler drawers, an ice maker, a massive walk-in pantry, and a dining area overlooking the outdoor area and bay. Retreat to the primary suite, with unparalleled views of the bay from the private screened-in terrace, a cozy fireplace, a separate sitting room, elegant bath amenities, ample custom closets and a spiral staircase down to the library. Each ensuite bedroom has access to the expansive upper terrace or the rooftop deck for ultimate views and relaxation. An additional 15, 000 square feet of space includes the oversized and newly resurfaced saltwater pool, spa, full outdoor kitchen, outdoor dining and entertaining space, multiple terraces, a bocce court, and a volleyball court, all leading to the dock with boat lift. Entertain grandly, with ample space for parking, or create the ultimate car collection in the ground-level newly tiled garage that can easily accommodate 20 cars. Deeded access to the beach and the sparkling waters of the Gulf of Mexico completes this grand estate. This home is perfect for those who value privacy and opulence yet love to entertain. Conveniently located on Manasota Key, yet only a short drive to all that Venice and Sarasota have to offer. This home and property are truly one of a kind! Bedroom Closet Type: Walk-in Closet (Primary Bedroom).
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$11,900,000
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 | $9,520,000 | $9,520,000 | $9,520,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.750% | 6.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.538% | 6.874% | 7.430% |
Monthly Tax Payment | $4,961 | $4,961 | $4,961 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $63,337 | $61,747 | $84,243 |
Total Monthly Payment | $68,423 | $66,833 | $89,329 |
* 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.