A highly desirable waterfront oasis without the traffic and congestion; this quality constructed custom home is in a peaceful neighborhood of Baywood Colony. Nestled on over a half-acre overlooking the tranquility of Sarasota Bay, this home offers a first-floor owner’s suite and laundry room allowing the second-floor space for other family members or guests. This executive home offers soaring 10’ ceilings, hardwood floors, an oversize elevator, and multiple spacious areas for entertaining both indoors and out. There is plenty of storage space, ample parking, plus a 3-bay garage with new epoxy flooring and a separate workshop. Walls of windows with west-facing views provide breathtaking bayfront sunsets from every room. This beautiful home offers French doors with panoramic views and ease of access for indoor/outdoor entertaining. Enjoy your newly refurbished salt-water pool and spa in your expansive 2300 sq. ft lanai with micro-screening enabling you to gaze upon the multitude of dolphins, manatees, wildlife and fish playing just outside your door. The kitchen was recently updated with top-of-the-line Kitchen-Aid stainless steel appliances, Quartz counter tops, and an over-sized center island for ease of food prep and storage. There is even seating at the kitchen counter for 4-5 bar stools in addition to your breakfast area showcasing a huge aquarium window. The adjacent wet bar area has cherry cabinetry and granite counter tops, refrigerator and a double wine cooler. The second floor offers 2 additional bedrooms, a kitchenette and an executive office or flex room that opens to a screened private deck overlooking the grounds for peaceful water views. Close to dining, shopping and cultural activities, minutes to downtown, Venice and the Interstate. This one has it all without any of the worry! Call for your private tour.
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$3,639,000
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 | $2,911,200 | $2,911,200 | $2,911,200 |
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 | $2,104 | $2,104 | $2,104 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $18,641 | $18,641 | $25,360 |
Total Monthly Payment | $20,870 | $20,870 | $27,589 |
* 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.