Welcome to a truly unique property offering the perfect combination of comfort, convenience, and versatility. Located in an X Flood Zone, this home does not require flood insurance and stayed high and dry during recent storm systems with no water intrusion, providing peace of mind for its future owner. Location is perfect as it is less than a 4 minute drive to Manasota Key Road.
This oversized property, measuring 100’ x 301’, features two distinct homes connected by a sparkling heated pool and spa, creating endless opportunities for multi-generational living, rental income, or private guest accommodations. The main home boasts 3 bedrooms and 2 bathrooms, with a host of modern upgrades, including luxury vinyl plank flooring throughout, updated electrical, new faucets, new refrigerator, microwave, oven, and a brand-new roof installed in 2023. Freshly painted interiors, new lighting fixtures, rescreened lanais, updated toilets, and modern plumbing fixtures add to its move-in-ready appeal. A wood-burning fireplace and central heat and air provide year-round comfort, while the layout invites effortless living and entertaining.
The second home is a cozy 1-bedroom, 1-bathroom cottage that includes a full kitchen with all new appliances except for the stove. This charming retreat also features luxury vinyl plank flooring, fresh paint throughout, and a new hot water heater. Two rescreened lanais extend the living space outdoors, making it a serene place to relax. Like the main home, the cottage includes a wood-burning fireplace and central heat and air for ultimate comfort.
The oversized pool is conveniently situated between the two homes, offering easy access and a central gathering point for relaxation and recreation. The pool has been meticulously maintained, with a new heater installed in 2024 and recent updates to the pump, ensuring it runs beautifully. A shared laundry room with a separate entrance makes it easy for both homes to access, while the addition of new side fencing and a storage shed adds functionality and privacy to the property.
Additional upgrades include beautifully landscaped grounds, a septic system that has been scoped and drained, and replaced motors for both A/C systems, with regular maintenance for peace of mind. The property also includes leased solar panels, which can be transferred to the new owner, providing a significant reduction in electric bills.
Conveniently located just minutes from State Road 776 and US 41, the property offers a tranquil country feel while remaining close to shopping, dining, beautiful Gulf beaches, and world-class fishing. With the flexibility to live in one home and rent the other, this property is a rare find. Schedule your showing today and explore all the possibilities this exceptional property has to offer!
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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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $600,000 | $600,000 | $600,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.875% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.278% | 7.159% | 6.276% |
Monthly Tax Payment | $571 | $571 | $571 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,942 | $3,988 | $5,060 |
Total Monthly Payment | $4,605 | $4,651 | $5,723 |
* 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.