5790 Spider Lily CIRCLE, Sarasota, FL, 34238 | $725,000

Welcome to Arbor Lakes on Palmer Ranch, where convenience meets community living with NO CDD FEE! Nestled on a small dead-end street, this stunning corner-lot home offers 4 bedrooms, 3 full bathrooms, a den/study/office, and 2, 400 square feet of well appointed living space. With the exterior recently painted in February 2023, the home radiates a fresh and modern appeal, which is further enhanced by upgraded landscaping featuring a retaining wall that adds to the curb appeal. Step inside to an open floor plan outfitted with engineered hardwood floors, crown molding, upgraded baseboards, 8 ft doors and multiple tray ceilings. The heart of the home is a beautifully designed kitchen with Cambria quartz countertops, diamond shaped marble backsplash, under cabinet lighting, a large island, GE stainless steel appliances, butler pantry with mini-fridge, walk-in pantry and ample 42" white shaker cabinetry with crown molding—perfect for hosting family and friends. The adjacent living and dining areas are inviting and versatile, and feature built-in cabinetry & shelving, making it easy to personalize your space. Retreat to your generously sized primary suite, complete with a fully customized closet system maximizing wardrobe space. The luxurious en-suite bathroom features dual vanities, a soaking tub, and a frameless glass enclosed walk-in shower. The 3 additional guest bedrooms provide comfort and privacy, with each featuring their own custom closet systems, while the den/study offers a quiet space for work or relaxation. The privacy fenced backyard has plenty of room for a pool and currently features a screened lanai & spacious yard—ideal for the pets & kids. Arbor Lakes provides resort-style amenities, including a sparkling swimming pool and spa, pirate-themed playground, splash pad, basketball and sand volleyball courts, fire pit, dog park, and a covered pavilion with gas grills, wet bar, and restrooms. Whether you're seeking an active lifestyle or a place to unwind, this community has it all. Located in the highly sought-after Palmer Ranch area, you'll enjoy proximity to top-rated schools, convenient access to I-75, shopping, dining, and the best beaches in Florida. This home perfectly combines luxury and a vibrant community atmosphere. Don’t miss your chance to own this exceptional property—schedule your private showing today!

Features

  • Amenities: Basketball Court, Fence Restrictions, Gated, Playground, Pool, Recreation Facilities
  • Rooms: 13
  • Bedrooms: 4
  • Baths: 3 full
  • Laundry: Gas Dryer Hookup, Inside, Laundry Room, Washer Hookup
  • Year Built: 2017
  • Garage: 2-car Driveway, Garage Door Opener
  • Heating: Central, Electric
  • Cooling: Central Air
  • Approx Sq. Feet: 2,400
  • Acreage: 0.2
  • Est. Taxes: $4,036
  • HOA Fee: $578 Quarterly
  • Lot Desc: Corner Lot, In County, Landscaped, Sidewalk, Street Dead-End
  • Elem. School: Ashton Elementary
  • Middle School: Sarasota Middle
  • High School: Riverview High
  • Pet Policy: Yes
  • Appliances: Convection Oven, Dishwasher, Dryer, Exhaust Fan, Gas Water Heater, Microwave, Range, Refrigerator, Tankless Water Heater, Washer
  • MLS#: A4634145
  • Days on Market: 2 days
  • Website: https://www.raveis.com
    /prop/A4634145/5790spiderlilycircle_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 1/7/2025 6:07:29 AM)
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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

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
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Our Insurance Division:

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5790 Spider Lily CIRCLE, Sarasota, FL, 34238

$725,000

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 Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $580,000 $580,000 $580,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.000% 6.990% 6.250%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.330% 7.171% 6.538%
Monthly Tax Payment $336 $336 $336
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,859 $3,855 $4,973
Total Monthly Payment $4,287 $4,283 $5,401

* 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.