A rare opportunity for a mid-century modern home in a beautiful neighborhood. This award-winning home, meticulously kept and renovated by the owners, a local architect and interior designer, has everything from expansive water views of a natural lake, a wide-open floor plan for entertaining, and an acre of land for a family to enjoy…and all within 15 minutes of beaches or downtown Sarasota. Tucked privately behind native landscaping, this single-story modern residence welcomes you with an entry courtyard wrapped in Ipe wood planks and concrete around a full grown Seagrape tree. Upon entering the home, spectacular views of Old Forest Lake immediately wow every visitor. The vaulted ceilings give a loft feel and the open kitchen is centrally located for gatherings large and small. A true split plan offers a guest wing with 3 bedrooms and a full bath. The separate primary suite, with more expansive views of the lake, includes a den for watching late night TV. A professionally designed spa-like primary bathroom and generous dressing room provides serenity after a long day. Walk down the hall to a mudroom and large laundry room for life’s everyday needs. Around the corner, you'll find the large bonus room, with a separate entrance for Superbowl parties or kid's sleepovers. There is no lack of storage space throughout the house including an extra deep carport closet. The home and classic mid-century 4-car carport have been updated and designed to withstand hurricanes. This is truly a one-of-a-kind home in a one-of-a-kind location.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,890,000
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 | $1,512,000 | $1,512,000 | $1,512,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.625% | 6.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.274% | 6.723% | 6.932% |
Monthly Tax Payment | $581 | $581 | $581 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $10,059 | $9,682 | $13,380 |
Total Monthly Payment | $10,765 | $10,388 | $14,086 |
* 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.