Sophisticated and never available new construction in Monterey completed in 2024 with the highest quality finishes throughout this sprawling 4, 216-square-foot five-bedroom plus study and bonus room home with 7, 838 square feet of total living space. Enjoy the sunny southern exposure and open layout with seamless flow for family time or entertaining to the spectacular lanai through the 14 sliding doors. Architectural details include Marvin Bronze impact windows and sliders, bronze metal roof, custom ventless exterior gas fireplace, beamed ceilings inside and out, Italian French white oak flooring, Italian Calacatta marble main bath, stylish custom marble in guest baths and gorgeous large format porcelain tile flooring in main living area. Sleek white oak staircase with LED step lights to the upstairs bonus room and three guest bedrooms. Large cook’s kitchen with six-burner Wolf gas stove, white shaker cabinetry and gleaming quartzite counters. Countless features include upstairs and downstairs laundry rooms, with second refrigerator and gas dryer in main laundry room, 500-gallon propane tank, two on-demand gas hot water heaters, California Closets, garage built-ins, wood Bahama plantation shutters, a fenced backyard, Sonos system with four zones and Wi-Fi extenders, and spray foam insulation in attic and between floors joists for soundproofing. The stunning custom 40-by-20-foot pool is ideal for lap swimming or family fun with the oversize spa and sun shelf and multiple water features. New construction was completed with certificate of occupancy in 2024 after the original 2, 250-square-foot home was taken down to the block walls. Monterey continues to be among the leading family communities in Naples conveniently just three miles to Vanderbilt Beach and two miles to Mercato and Waterside Shops with 24-hour guarded gatehouse. Excellent amenities include award-winning clubhouse for private events, fitness center, heated lap pool, Har-Tru tennis courts with active tennis programs and pro play area, and basketball/pickleball court. A-rated public schools and three excellent private schools nearby.
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.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$3,750,000
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 | $3,000,000 | $3,000,000 | $3,000,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.625% | 6.500% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.110% | 6.735% | 6.680% |
Monthly Tax Payment | $898 | $898 | $898 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $19,458 | $19,209 | $26,133 |
Total Monthly Payment | $20,481 | $20,232 | $27,156 |
* 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.