Experience the best of luxury living in this expansive 2nd-level coach home in the coveted Merano community of The Colony Golf & Bay Club. Offering over 2, 700 square feet of living space, this home features 3 bedrooms, a den, and a versatile flex room perfect for a home office. Thoughtfully designed, the split-bedroom layout ensures privacy for all.
Enjoy breathtaking long lake views from the glass-enclosed lanai, primary suite, main living area, and eat-in kitchen. The southern exposure fills the home with natural light, enhanced by the unique lanai that seamlessly integrates indoor and outdoor living.
The current owners have meticulously maintained and upgraded the home, including a new 5-ton HVAC system installed in 2023, newer oven, range, and microwave, as well as the replacement of 14 movable windows with impact-resistant low-E energy shield windows in 2021.
Additional highlights include a private two-car attached garage for secure storage and a convenient private elevator making daily living effortless.
Merano is undergoing a stunning transformation, with all-new contemporary flat tile roofs, updated exterior paint, renovated community amenities including restrooms and pool furniture, along with new gutters, downspouts, and exterior lighting.
Residents of The Colony enjoy an array of exclusive amenities, such as the recently reimagined Bay Club with waterfront dining on two levels, a kayak and canoe park, a fitness center, tennis and pickleball, as well as access to a private 34-acre island beach park. Optional golf or sports memberships at The Colony Golf Club for those seeking an active lifestyle.
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Our Executive Mortgage Banker:
Our Insurance Division:
$899,000
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 | $719,200 | $719,200 | $719,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.375% | 6.375% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.209% | 6.498% | 6.579% |
Monthly Tax Payment | $645 | $645 | $645 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,605 | $4,487 | $6,216 |
Total Monthly Payment | $5,342 | $5,224 | $6,953 |
* 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.