One or more photo(s) has been virtually staged. Welcome to this breathtaking custom estate home, perfectly situated on a generous 9. 72-acre lot in the prestigious gated community of Saddle Oak Estates. This remarkable home features 4 bedrooms, 4. 5 baths, 4-car garage, along with concrete stable with 4 horse stalls plus tack room, making it an ideal haven for equestrian enthusiasts and car collectors alike. The property features fencing and cross fencing, along with property suited for future arena area. Located just 5 miles east of I-75 in Sarasota, FL, this residence offers a serene retreat while still providing easy access to all the Sarasota attractions you desire. Designed with energy efficiency at its core, this expansive estate boasts insulated concrete form exterior walls, open-cell spray foam insulation, under-roof sheeting, and dual-pane insulated windows throughout. Inside, you'll find metal stud walls, solid core doors, elegant crown molding, built-in shelving, and abundant storage, all reflecting exceptional craftsmanship and attention to detail. The gourmet kitchen has been completely remodeled and features new cabinetry, a spacious walk-in pantry, a gas cooktop, a wall oven, a built-in microwave, stunning quartz countertops and backsplash, beverage fridge, and fresh paint throughout. The living room features stunning reclaimed wood, new light fixture, and a cozy fireplace. Dual washer and dryers in the laundry room! The large screened outdoor lanai is perfect for entertaining, complete with a heated pool and spa for year-round enjoyment. A tankless gas water heater adds to the home's energy efficiency. There’s also a generator for backup power when needed.
The property includes an oversized attached two-car garage, as well as a detached two-car garage with 10-foot doors and high ceilings, ideal for a workshop or additional storage. With luxurious designer finishes throughout, this home is built to impress on every level. Saddle Oak Estates is conveniently located just 5 miles from I-75 and a short 25-minute drive to the stunning Siesta Key, offering the best of Sarasota living while ensuring your privacy. Don’t miss the opportunity to experience the tranquility and elegance of this extraordinary property—schedule your showing today! Be sure to check out the #D virtual tour and the property video: https: //youtu. be/2zjjdp53qlU
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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 | $2,000,000 | $2,000,000 | $2,000,000 |
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 | $1,470 | $1,470 | $1,470 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $12,972 | $12,806 | $17,560 |
Total Monthly Payment | $14,567 | $14,401 | $19,155 |
* 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.