Set on 110+ feet of waterfront with an impressive 11’ elevation, this exceptional 4BR/3BA, 2-story home is in beautiful condition and is perfectly located in the highly sought-after Siesta Cove neighborhood. Offering peace of mind and luxury living directly on the Intracoastal Waterway in a quiet no-wake zone, the setting is idyllic, with abundant wildlife and frequent dolphin sightings providing a daily waterfront spectacle. Upon entering, you are greeted with a grand, lofty foyer, enhancing the sense of space, with wood and travertine marble floors complementing walls of sliders that showcase breathtaking 180-degree water views and open out to the expansive outdoor entertainment area. The backyard is a true oasis, boasting a large, elevated pool, a spacious pool deck and a recently inspected seawall ready for a potential deep-water boat dock and lift—ideal for any water enthusiast. The kitchen is beautifully appointed with stone countertops, ample storage, and a built-in desk. Upstairs, the primary suite is a private sanctuary, with sliders opening to a second-story terrace that overlooks the Intracoastal Waterway with views of downtown Sarasota, custom built-in furniture and a travertine marble en-suite bath featuring dual vanities, a spa tub, and a glass walk-in shower. The additional oversized guest bedrooms are equally inviting, offering terrace access, plenty of privacy and water views. Recent updates include a new roof (2020), impact glass skylights, a hurricane-impact garage door and storm shutters. Less than one mile from the world-famous Siesta Beach, #1 in the country and moments from the vibrant shopping and dining of Siesta Key Village. The Sarasota County public school district is “A” rated! This home epitomizes refined waterfront living.
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,895,000
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 | $2,316,000 | $2,316,000 | $2,316,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.750% | 6.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.286% | 6.874% | 6.972% |
Monthly Tax Payment | $702 | $702 | $702 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $15,408 | $15,022 | $20,495 |
Total Monthly Payment | $16,235 | $15,849 | $21,322 |
* 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.