7418 Westmoreland DRIVE, Sarasota, FL, 34243 | $3,995,000

This beautifully updated bayfront residence in historic Whitfield Estates offers a seamless blend of contemporary design and modern conveniences. Set on over half an acre of direct bayfront property, this elevated home provides an expansive and private retreat for luxurious coastal living. Move-in ready, every detail has been meticulously curated to enhance comfort, style, and functionality. A new metal roof (2021), Hardie Plank siding, impact windows, sliders, and exterior doors ensure lasting durability and peace of mind. Additional updates include a whole-house gas generator, zoned air-conditioning, and modernized plumbing and electrical systems. Spread across two living levels and offering more than 3, 500 square feet inside, this five-bedroom home is a showcase of chic design and thoughtful details. A three-stop elevator ensures effortless navigation between floors, while modern stair railings add a stylish touch. The hub of the main level is the stunning quartz chef’s kitchen overlooking the great room, where a stone-encased fireplace creates a striking focal point. Professional-grade appliances, including a Wolf gas cooktop and Sub-Zero refrigerator with wine cooler, plus an expansive island with seating and storage all provide the perfect space for cooking, dining, and gathering. Pocketing glass sliders lead to a screened patio that spans the width of the home, complete with a stainless-steel summer kitchen and ample room for entertaining while enjoying sweeping bay views. The primary suite, located on the main level, is a serene retreat with custom walk-in closet and access to the bayfront terrace. The en-suite bathroom features spa-inspired elements, including a soaking tub, glass shower, double vanity, and water closet. Two additional bedrooms on this floor (one currently serving as an office) share a fully updated bathroom, and the nearby laundry room adds convenience. The upper level features two additional bedroom suites, including an oversized guest suite with its own morning kitchen, perfect for hosting visitors. The lushly landscaped property offers Florida-friendly landscaping and a variety of outdoor spaces designed for relaxation and entertainment. The heated, saltwater swimming pool with an expansive pavered deck overlooks tranquil waters of the Bay. The ground-floor cabana and nearby charming gazebo add even more versatility for outdoor living and entertaining. Car enthusiasts will appreciate the garage that accommodates more than three cars, with three bays and oversized workspace. Just minutes from the pristine Gulf beaches, the home is also a short drive from downtown Sarasota and Bradenton. Explore Florida’s renowned Cultural Coast, where world-class theaters, art galleries, museums, boutique shopping, and eclectic dining create a vibrant and sophisticated lifestyle.

Features

  • Elevator: Y
  • Rooms: 11
  • Bedrooms: 5
  • Baths: 4 full
  • Laundry: Inside, Laundry Room
  • Style: Custom, Elevated
  • Year Built: 1987
  • Garage: 3-car Circular Driveway, Driveway, Garage Door Opener, Garage Faces Side, Ground Level, Guest, On Street, Oversized, Workshop in Garage
  • Heating: Central, Electric, Zoned
  • Cooling: Central Air, Zoned
  • Approx Sq. Feet: 3,502
  • Acreage: 0.61
  • Est. Taxes: $18,660
  • Lot Desc: Flood Insurance Required, FloodZone, In County, Landscaped, Oversized Lot, Sidewalk
  • View: Pool, Water
  • Pool: Deck, Gunite, Heated, In Ground, Lighting, Salt Water
  • Pet Policy: Yes
  • Appliances: Bar Fridge, Built-In Oven, Cooktop, Dishwasher, Dryer, Electric Water Heater, Microwave, Range Hood, Refrigerator, Washer, Wine Refrigerator
  • MLS#: A4630261
  • Days on Market: 1 day
  • Website: https://www.raveis.com
    /eprop/A4630261/7418westmorelanddrive_sarasota_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 12/2/2024 4:59:04 AM)
Listing courtesy of COLDWELL BANKER REALTY   Phone: 941-383-6411

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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7418 Westmoreland DRIVE, Sarasota, FL, 34243

$3,995,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

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 $3,196,000 $3,196,000 $3,196,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.625% 6.625% 6.500%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.209% 6.750% 6.745%
Monthly Tax Payment $1,555 $1,555 $1,555
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $20,464 $20,464 $27,841
Total Monthly Payment $22,144 $22,144 $29,521

* 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.