BRAND NEW high-end residence is now available in Cresswind! Don’t wait for new construction – this home was just completed in October 2024 by Kolter Homes with the finest upgrades and is move-in ready NOW! Seller’s circumstances changed and therefore their custom dream home is now available! This Palm Beach floor plan with a bonus level offers an open floorplan of over 3, 500 SF with 4 bedrooms and 4. 5 bathrooms plus a spacious 3-car side-loading garage. Situated on one of the largest lots in the entire neighborhood at 0. 34 acres, this large pie-shape affords you additional privacy and yard space along 171 feet of lakefront all on a quiet cul-de-sac. This ideal location within the neighborhood on a premier lot cannot be beat! All of the interior finishes were carefully selected to evoke modern living with easy to maintain, luxury wood-look vinyl plank flooring, neutral interior, upscale light fixtures in every room, art gallery lighting, and brand new 2024 mechanicals and appliances. The heart of the home is the central great room with tray ceiling and designer light fixture, where lake views sparkle through sliding glass doors to the paver lanai. The executive kitchen is the highlight of this home showcasing an impressive central island with double waterfall edge granite counters, modern wood cabinetry with matte black cabinet pulls, 2024 high-end GE Monogram stainless steel appliance suite, stainless steel farmhouse sink, and integrated pantry tower that seamlessly blends with the cabinetry. This kitchen is truly a chef’s dream. The adjacent dining area offers a designer chandelier and large windows overlooking the lake, so every meal is enjoyed with a waterfront view. The primary suite also displays impressive lake views and includes a large walk-in closet, and en-suite bathroom with frameless glass walk-in shower, dual vanities with make-up area, private water closet, and upgraded cabinetry. Guests will find comfort in two large en-suite guest bedrooms on the main level, along with a study, convenient powder bathroom, and laundry with cabinetry. Upstairs is a private oasis with a spacious bonus room, additional guest bedroom, and full bathroom. This is the perfect space for a teen’s hangout, media room, playroom, or add a kitchenette for a private in-law suite or live-in. The outdoor space along the lake is a blank canvas and is primed for the future pool (which we have a drawing of) and outdoor kitchen of your dreams with electrical, plumbing, and gas lines ready to go. Kolter’s quality construction provides peace of mind including pre-wire for a future water softener, brand new 2024 tile roof, and all new 2024 AC, water heater, and appliances. This residence is the epitome of modern, easy Florida living in an all-inclusive community in award-winning Lakewood Ranch. Best of all, the Builder’s warranty is transferrable to new owner. Cresswind is a premier active adult community in Lakewood Ranch offering a full social calendar, lifestyle director, clubhouse with activities centers, resort style pools, SmartFIT fitness center with EGYM, dog park, tennis courts, pickleball courts, bocce courts, events lawn and pavilion, and walking trails. Lakewood Ranch is the top multi-generational community in the country for six years in a row with award-winning shopping, dining, A-rated schools, parks, and nearby beaches.
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$1,495,000
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 | $1,196,000 | $1,196,000 | $1,196,000 |
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% | 6.664% |
Monthly Tax Payment | $351 | $351 | $351 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $7,658 | $7,658 | $10,418 |
Total Monthly Payment | $8,134 | $8,134 | $10,894 |
* 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.