1050 Bay Point PLACE, Sarasota, FL, 34236 | $3,950,000

Stunning Spanish Mediterranean home in sought after Bay Point, West of Trail is nestled on a desirable, stand-alone lot uniquely located with no immediate neighbors & surrounded by magnificent, lush landscaping. Built in 1925, this 2-story residence combines historic charm and Mediterranean allure with modern refinements. Notable upgrades include PGT storm resistant windows throughout the main house, garage and guest apartment, a full home Kohler generator, custom shades and wood shutters, updated wiring and electrical throughout the home, new fan exhaust systems and ductwork in bathrooms, replastering and painting of all interior walls, an in-home laundry area concealed with louvre doors, new white ceiling fans and period appropriate light fixtures. The circular drive with detached garage provides easy access while the privacy walls surrounding the property offer tranquility & seclusion, creating a paradise-like sanctuary perfect for indoor-outdoor living. Upon entering through a Pecky cypress front door, you are welcomed into a world of timeless beauty & elegance. Soft, natural lighting from numerous windows highlights beautiful arches with ceiling heights exceeding 11', & white brick fireplaces. The original wood floors feature prominently throughout both floors & have been carefully & loving restored throughout the home. Unwind & indulge in luxurious comfort in the spacious living room or entertain in style in the formal dining room, each boasting wood-burning fireplaces creating a warm & inviting ambiance. The family room features custom built-ins, recessed lighting and double glass doors that lead to the expansive covered patio, expanding the space outdoors. The kitchen features white cabinetry, ceramic tile counters & backsplash, gas burner stovetop, ample counter space, & breakfast bar. A butler’s pantry offers additional storage & counter space, making entertaining a breeze. The main-level primary bedroom offers a private retreat with generous space & adjoining office with double doors leading outside. Upstairs is a second primary bedroom with wood flooring & charming fireplace, perfect for getting cozy on cool nights. An oversized guest br ensures guests relax in comfort. A separate, upper-level treetop guest suite with private entrance, full bathroom, & recently installed hot water heater & AC unit is perfect for long-term visitors. Outside, savor tranquil moments in nature within the large, enclosed brick courtyard, or host gatherings on the open patio area—a true tropical oasis boasting a large, sparkling pool with Mexican tile & abundant lush landscaping, with a full irrigation system & private well. An expansive covered area featuring elegant screened arched windows & doors, tile flooring, a wood ceiling with beams, & ample seating is the perfect place to escape the elements while savoring the picturesque view. The coveted Bay Point neighborhood offers its own community dock composed of 9 slips, with non- waterfront homeowners having priority for docking rights. This intimate enclave of homes is ideally situated by Sarasota Bay, Bayfront Park with its accompanying marina, Marie Selby Gardens, Southside Village & Downtown Sarasota. Easily accessible to the Keys & beaches, as well as the myriad of shopping & dining options found on St. Armands Circle. Embrace the Sarasota lifestyle in this exquisite home that offers luxury, history, charm, & ideal location.

Features

  • Rooms: 13
  • Bedrooms: 5
  • Baths: 4 full / 1 half
  • Laundry: Laundry Closet
  • Style: Historical, Mediterranean
  • Year Built: 1925
  • Garage: 1-car Circular Driveway, Driveway, Garage Door Opener
  • Heating: Central
  • Cooling: Central Air
  • Approx Sq. Feet: 3,930
  • Acreage: 0.33
  • Est. Taxes: $13,427
  • View: Garden, Water
  • Pool: In Ground
  • Appliances: Dishwasher, Dryer, Range, Refrigerator, Washer
  • MLS#: A4609345
  • Days on Market: 111 days
  • Website: https://www.raveis.com
    /eprop/A4609345/1050baypointplace_sarasota_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 MFRMLS (My Florida Regional MLS DBA Stellar MLS). 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. (last updated 12/22/2024 10:33:13 AM)
Listing courtesy of MICHAEL SAUNDERS & COMPANY   Phone: 941-388-4447

William Raveis Family of Services

Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.

Customer Service

888.699.8876

Contact@raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

  • Market your home to realize a quick sale at the best possible price
  • Place up to 20+ photos of your home on our website, raveis.com, which receives over 1 billion hits per year
  • Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
  • Showcase your home on raveis.com with a larger and more prominent format
  • Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology

To learn more about our credentials, visit raveis.com today.

Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Yokadi MejiaInsurance Sales Director, William Raveis Insurance

561.335.7966

Yokadi.Mejia@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

1050 Bay Point PLACE, Sarasota, FL, 34236

$3,950,000

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 $3,160,000 $3,160,000 $3,160,000
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 7.620% 6.735% 6.806%
Monthly Tax Payment $1,119 $1,119 $1,119
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $20,496 $20,234 $27,745
Total Monthly Payment $21,740 $21,478 $28,989

* 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.