One or more photo(s) has been virtually staged. Welcome to 1701 Sandalwood Drive, a stunning waterfront oasis located in highly sought-after Southpointe Shores, West of the Trail, right on Sarasota Bay. This exquisite four-bedroom, three-and-a-half-bath home offers 4, 712 square feet of luxurious living space on a half-acre waterfront lot, boasting over 150 feet of water frontage. A circular paver driveway and meticulously landscaped grounds enhance the home's exceptional curb appeal as you approach the property. Inside, the open and functional floor plan is adorned with large tile set diagonally throughout the main living spaces. The inviting living room, featuring a charming brick fireplace, seamlessly blends into the kitchen and dining areas. The kitchen is a chef's dream, complete with stunning wood cabinetry, granite countertops, and a top-tier stainless steel appliance package. The family room, with its walls of large windows, provides endless water and sunset views, creating a serene and picturesque living environment. The primary suite is a tranquil escape, offering an updated en-suite bath and an enclosed sunroom. Additionally, there are three guest bedrooms and two and a half guest baths for added convenience. The second-floor bonus room is a blank slate and could serve as an office, workout space or any number of alternatives. The enclosed patio offers breathtaking views of the sparkling pool, expansive stone pool deck, spacious yard, and the bay beyond. The property features a private dock equipped with a 10, 000-pound boat lift which is uniquely landscaped out of sight. Situated on one of the best lots West of the Trail, this property offers unparalleled bay access and an exceptional waterfront lifestyle. Do not miss the opportunity to make this remarkable home your own, schedule your private showing today. Although the home is absolutely charming, most of the value is in the land and it is a prime lot for redevelopment/building your dream home.
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Our Executive Mortgage Banker:
Our Insurance Division:
$3,155,000
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 | $2,524,000 | $2,524,000 | $2,524,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.750% | 6.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.286% | 6.874% | 6.972% |
Monthly Tax Payment | $1,176 | $1,176 | $1,176 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $16,792 | $16,371 | $22,335 |
Total Monthly Payment | $18,093 | $17,672 | $23,636 |
* 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.