It is my pleasure to introduce this truly stunning, custom-built home in the highly desired, private neighborhood of Suncoast Estates. This 2-Acre peaceful paradise has no HOA fees and is not in a flood zone! As you enter the front gates onto the stamped, circular driveway, you will take in the beauty of the mature landscaping and trees that create a canopy over the front of the property. You'll then see a massive 2, 400+sq ft detached garage that can hold 6 vehicles and has a bay intended to keep an RV. The house also has an oversized 2 car garage with built-in overhead storage. When you walk up the grand entryway steps and through the front door, you'll find an airy, open concept living space full of natural light. Red Oak Reserve wood flooring throughout the home with the exception of tile floors in the bathrooms. Matching custom Red Oak beams in the living room. 12ft ceilings throughout the home and 10ft ceilings in all bedrooms. The oversized kitchen includes granite countertops, built-in wall oven, built-in GE Profile stove with Jenn Air vent, 2 KitchenAid refrigerators, and a walk-in pantry with a frosted glass door. The unique setup of the primary wing has 2 primary suites with a connecting primary bathroom. Both suites have separate French door entries, one suite is currently used as an office. The other boasts 2 walk-in closets with built-ins and mirrored pocket doors, a sitting area next to a 3-bay window overlooking the pool area, and French doors leading to the lanai. The primary bath has granite counter tops, a jacuzzi tub and walk in shower. This wing could easily be converted to an in-law suite. The other side of the home has 3 large bedrooms with walk-in closets. 2 of the bedrooms are connected with a Jack and Jill bathroom while the 3rd is next to the pool bath. The lanai includes a built-in outdoor kitchen with granite countertops, a sink and Jenn Air vent, an outdoor shower and saltwater pool with a rock waterfall feature. *Additional features include* 2 new A/C units (3. 5 Ton in late 2023, 3 ton in 2024), New Hot water heater in 2024, Hurricane impact windows throughout, 5 Electric roll down shutters, DSC security system, Hunter Irrigation system, Whole house R/O system, and the entire property is fenced. The property is minutes from both I75 and US41. Nearby you'll find downtown Punta Gorda, Sunseeker Resort, and an abundance of dining options, shopping locations and boat ramps. Furnishings, decorative stained-glass features and original Thomas Kincade portraits are negotiable. The boat and RV on site are also available for sale. This peaceful property is a true masterpiece, come tour it for yourself!
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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 | $1,040,000 | $1,040,000 | $1,040,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.625% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.235% | 6.723% | 6.826% |
Monthly Tax Payment | $601 | $601 | $601 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $6,745 | $6,659 | $9,131 |
Total Monthly Payment | $7,471 | $7,385 | $9,857 |
* 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.