811 Newell TER, Marco Island, FL, 34145 | $4,290,000

HIGH AND DRY AT 22. 9’ ELEVATION! This one-of-a-kind CUSTOM BUILT Coastal Design home is situated on . 6 acres of much sought after Southern exposure in the highly desirable Estates Section of Marco Island. Features of this open concept home are 4 bedroom ensuites, powder bath, elevator, whole house gas generator, private resort style beach entry pool with rock waterfall, spa and 100’ lazy river, lush landscaping, 2 Carrier Infinity High Efficiency A/C units, 2 Mini Split A/C units, fire pit area, climate controlled garage with car lift for 7+ cars, and attached 1 car garage. Some of the interior highlights are wood and beams at ceiling , Shiplap accent walls, 2 piece crown molding, 8’ tall shaker style interior 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 main ensuite offers 2 closets, one of which is a large walk-in. The main ensuite spa-like bath offers dual wood vanities with Quartz countertops, Freestanding soaking tub with floor tub filler, large recessed walk-in shower with mulitple shower heads. The Main Floor ensuite bath offers double bowl vanity, Quartz countertops, and a large roll in shower. The large Laundry room offers lots of cabinets, office area, 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. The ceiling height cabinets are solid wood construction with Shaker and Louvre style doors which conceal a hidden walk-in pantry. The dining area consists of a dry bar with matching cabinets and counter tops 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 great for entertainment. The lanai has an outdoor kitchen with cabinets, granite countertops, sink and built in grill with wood hood. Other features of the Lanai include painted wood ceilings, wet location Fanimation high end 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, Laundry, Kitchenette, TV area, Guest Bedroom with Bathroom which also serves as a pool bath. 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. Make this your slice of Paradise today! Be sure to view the virtual tours!

Features

  • Amenities: None
  • Rooms: 8
  • Bedrooms: 4
  • Baths: 4 full / 1 half
  • Style: 2 Story
  • Development: MARCO ISLAND
  • Year Built: 2021
  • Garage: 8-car Attached
  • Heating: Central Electric,Wall Unit
  • Cooling: Ceiling Fans,Central Electric,Wall Unit
  • Approx Sq. Feet: 2,894
  • Acreage: 0.6
  • Est. Taxes: $18,339
  • Lot Desc: Corner
  • View: Landscaped Area
  • Community Type: Non-Gated
  • Private Pool: Yes
  • Pet Policy: No Approval Needed
  • MLS#: 224101804
  • Website: https://www.raveis.com
    /eprop/224101804/811newellter_marcoisland_fl?source=qrflyer
Copyright © 2024  The source of this real property information is the copyrighted and proprietary database compilation of the Southwest Florida MLS organizations Copyright Southwest Florida MLS organizations. All rights reserved.
Courtesy of Independent Brokers Realty SF

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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811 Newell TER, 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.