Discover the charm of this Sterling model estate home nestled in the sought-after gated golf course community of Riverwood, complete with a transferable Beach Club membership! The home welcomes you with a paver brick driveway and an etched glass door that opens into a grand pillared foyer. As you step inside, you’re greeted by a comfortable living room that flows seamlessly into the open kitchen and the spacious family room, creating an inviting and functional layout. With its tray ceiling, the family room connects to the dining nook and features stunning views through sliding glass doors and a large aquarium window that frames the picturesque outdoor scenery. Sliding glass doors from both the living and family rooms lead to an expansive lanai, a true retreat with paver bricks, surrounded by vibrant greenery and mature trees that create a private, tranquil setting. Relax in the shade or enjoy the heated saltwater pool and spa, both illuminated by LED lighting and fully controllable via a phone app. The natural beauty of the outdoor space is further highlighted by 25 orchids delicately scattered among the trees, offering a sense of serenity. The kitchen is a chef’s delight with stainless steel appliances, including a GE double oven with an induction cooktop, granite countertops, solid wood cabinets, a custom pantry, a built-in desk, and a center island with a breakfast bar. Plantation shutters throughout the home add to its elegant appeal. Adjacent to the kitchen is a convenient laundry room with a utility sink and storage, which provides access to the oversized two-car garage. The primary suite, with luxury vinyl flooring and coffered ceilings, features sliding doors to the lanai, two custom closets, and a spacious ensuite with double sinks, a vanity, a garden tub, and a Toto toilet. Three guest bedrooms provide ample space, with the split floor plan offering privacy for guests. Two additional bathrooms, including one with direct access to the lanai, are also equipped with Toto toilets. Hurricane protection includes remote or app-controlled Storm Smart screens across the front of the house and lanai and accordion shutters on remaining windows. Recent updates include a new roof in 2023, exterior paint in 2023, sealed lanai and driveway pavers in 2023, a new heat pump in 2024, and a water heater installed in 2021. All appliances are 2019 or newer.
As part of the vibrant Riverwood community, residents enjoy amenities such as a par 72 championship golf course, a state-of-the-art fitness center, a resort-style pool, pickleball courts, and Har-Tru tennis courts. Beyond your doorstep, relish easy access to world-class fishing, boating, dining, shopping, and the sandy beaches of the Gulf of Mexico. Conveniently situated between Sarasota and Ft. Myers on Florida's West Coast, this home welcomes you to comfort, style, and the beauty of Riverwood living!
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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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $599,920 | $599,920 | $599,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 7.250% | 6.375% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.295% | 7.421% | 6.644% |
Monthly Tax Payment | $701 | $701 | $701 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,042 | $4,093 | $5,185 |
Total Monthly Payment | $4,835 | $4,886 | $5,978 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.