811 NEWELL TERRACE, Marco Island, FL, 34145 | $4,290,000

HIGH AND DRY AT 22. 9' ELEVATION! This CUSTOM BUILT by owner/contractor Coastal Design home is situated on . 6 acres of much sought after Southern exposure in the desirable Estates Section of Marco Island. Features of this open concept home are 4 bedroom ensuites (1 ensuite is in the Garage) perfect for guests, powder bath, elevator, impact exterior doors and windows, whole house gas generator, 2 Carrier high efficiency A/C units, 2 mini split A/C units in garage, fire pit area, private resort style beach entry saltwater pool with rock waterfall, spa and 100' lazy river, lush landscaping for privacy, climate controlled garage with car lift for 7+ cars, and attached 1 car garage. Interior highlights are wood and beams at ceiling in great room and main bedroom, shiplap accent walls in great room, foyer, staircase and main bathroom, 2 pc crown moulding, 8' tall shaker style interior wood doors, 9'' wide white oak engineered wood plank flooring, wood shelving in closets, porcelain tile in bathrooms and foyer, recessed LED lighting, Fanimation high end ceiling fans, and designer light fixtures. The upstairs main ensuite is a private retreat featuring sliding glass doors that open to a private balcony. The main ensuite offers 2 closets, one of which is a large walk-in. The main ensuite spa-like bathroom offers dual wood vanities with Quartz countertops, freestanding soaking tub with floor tub filler, large recessed walk-in shower with multiple shower heads. The main floor ensuite has sliding glass doors that open to a private lanai. The main floor ensuite bathroom offers double bowl vanity, Quartz countertops, pendant light and a large roll in shower. The large laundry room offers lots of cabinets, office area, undermount sink and hanging bar for clothes. The chef's kitchen is U-shaped with a 10' long island and granite countertops. The stainless steel appliances are high end Wolf/Sub Zero brand which consists of a 6 burner gas rangetop, 42'' French door built in refrigerator, double wall oven/microwave, dishwasher, under counter ice maker, under counter beverage refrigerator and under counter wine cooler. The ceiling height cabinets are solid wood construction with Shaker and Louvre style doors which also conceal a hidden walk-in pantry. The dining area consists of a dry bar with matching cabinets and countertops as the kitchen. The sliding glass doors in the dining room and great room pocket behind a wall for a seamless view of the tropical oasis and the continuation of living area. The expansive screened in lanai is 1459 SQ FT and great for entertaining. The lanai has an outdoor kitchen with composite cabinets made for the outdoor elements, granite countertops, sink and built in grill with wood hood above. Other features of the lanai include painted T & G wood ceilings, wet location Fanimation high end ceiling fans, recessed LED lights, dining area, sitting area, TV area with seating and cabinets. For the car enthusiast, the high and dry 2328 SQ FT climate controlled garage can hold up to 7+ cars. The features of this garage are epoxy floors, vinyl plank flooring, car lift, washer and dryer, kitchenette, TV area, guest ensuite which bathroom serves as pool bath also. Finally, relax in the resort style saltwater pool while listening to the rock waterfall and floating around the lazy river. The lazy river encompasses a rock island with spa and bridge. For evening ambience , enjoy the color changing LED lights in the pool along with the 4 gas lit tiki torches and the uplights on many of the trees. This home offers lots of options whether you are a car collector, investor, or just a sun lover. Make this your slice of paradise today! Be sure to view the virtual tours! Seller would like a 60 day post closing occupancy. Owner is Florida licensed realtor. The owner/builder is Florida licensed contractor. The accuracy of this information is not warranted or guaranteed.

Features

  • Amenities: None
  • Rooms: 8
  • Bedrooms: 4
  • Baths: 4 full / 1 half
  • Lot Size: 175x150x175x150
  • Laundry: Washer Dryer Hookup
  • Year Built: 2021
  • Garage: 8-car Attached
  • Heating: Electric, 2 or More Systems, Wall Unit, Central Heating
  • Cooling: 2 or More Systems, Wall Unit(s), Ceiling Fan(s), Central Air
  • Approx Sq. Feet: 2,894
  • Acreage: 0.6
  • Lot Size: 175x150x175x150
  • Est. Taxes: $18,339
  • Lot Desc: Corner Lot
  • View: Inland, Trees/Woods
  • Water Front: Yes
  • Pool: Electric Heat, In-Ground, Pool/Spa Combo, Salt Water
  • Appliances: Built-In Electric Oven, Cooktop, Dishwasher, Disposal, Dryer, Ice Maker Stand Alone, Microwave, Refrigerator With Ice Maker, Washer, Wine Cooler
  • MLS#: 2242540
  • Days on Market: 5 days
  • Website: https://www.raveis.com
    /eprop/2242540/811newellterrace_marcoisland_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of Marco Island Area Association of REALTORS. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Listing courtesy of Independent Brokers Realty   Phone: 239-389-1711

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NMLS Mortgage Loan Originator ID 16953

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811 NEWELL TERRACE, Marco Island, FL, 34145

$4,290,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

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 $3,432,000 $3,432,000 $3,432,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.750% 6.500% 6.500%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.296% 6.622% 6.680%
Monthly Tax Payment $1,528 $1,528 $1,528
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $22,260 $21,693 $29,896
Total Monthly Payment $23,913 $23,346 $31,549

* 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.