Main Home PLUS a Mother-in-law Suite! Welcome to 2326 Gull Lane, where a newly constructed masterpiece like nothing you have ever seen before has been born. Like a breath of fresh air, this Downtown Craftsman-Cottage Style Custom home is nothing short of having your own personal resort with multi-generational properties, is not in a flood zone, is built to today’s building standards. With two homes placed perfectly on one lot, the main home was built in 1949 (eff. build date in 2024) consisting of 4 bedrooms and 4 bathrooms with an ensuite placed conveniently on each floor. A separate Mother-in-Law Suite, or ADU (built in 2021) sits at the rear of the property with it’s own entrance and is fully loaded with a full Kitchen, Large Bedroom and Bath. Two exquisite properties with well-thought-out style and design will capture your heart as soon as you arrive. The build itself is not your typical build – extra measures were taken to create your compound that needs nothing and with quality and care that is unmatched. Once you pull onto the perfectly tucked-away and private street, you can’t help but feel the warmth with the stone, shutters, landscaping and new stylish fence and pavers, with enough parking to host more than nine vehicles. Once inside, incredible natural and recessed lighting luminates throughout, showing off every high-end surface, vibrant fixtures and real stone countertops – all professionally designed to create a one-of-a-kind, cozy and captivating environment. The updates are endless, and the build itself is unmatched- including feature walls, top of the line tile, stonework, custom closets and cabinetry, upgraded LAP (Hardie Board) siding, foamed-in insulation and lit niches in every room, exhibiting a forever timeless charm. This resort-style property offers five total bedrooms and five bathrooms, walk-in closets, tons of extra storage, a heated pool and hot tub with a new upgraded saltwater system, control system, new modern pool cage, brand new Porcelain pavers, three laundry areas and so much more. No expenses have been spared. This compound sits high and dry, is not in a flood zone and is even built up on higher elevation with it's own personal drainage system. The pool is accessed and enjoyed from the downstairs ensuite and the second living space with open slider doors, and fenced entirely for extra privacy. The property layout shows off the large lot with mature landscape, several fruit trees and maintenance-free - checking every single box! Don’t forget to come back and see the property illuminated at dusk for a special kind of ambiance. Some of the many extras are: Built to today’s building standards with the ability to withstand 150 mph winds, hurricane rated (& bomb blast resistant) windows, new metal roof, AC, new electrical with a 400 AMP service, plumbing, high-end finishes at every surface of the home, and the list continues on. This home is truly astonishing from the very beginning, where the location is prime for all of the excitement, dining and culture that Downtown Sarasota has, next to the Legacy Trail, Payne Park, Main Street, the Bayfront, and only minutes to the nearby beaches. No HOA or CDD fees and with enough room for your boat and other toys. Welcome to your new home that highlights absolutely everyone’s interest and style– from Craftsman-Style to Organic Modern, Cozy and most importantly, the Fun that we all crave! There has never been anything like this one before. Welcome Home.
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Our Executive Mortgage Banker:
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$1,895,000
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 | $1,516,000 | $1,516,000 | $1,516,000 |
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 | 7.559% | 6.723% | 6.847% |
Monthly Tax Payment | $300 | $300 | $300 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $9,833 | $9,707 | $13,310 |
Total Monthly Payment | $10,258 | $10,132 | $13,735 |
* 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.