A Rare Opportunity to Own a Historic Treasure! Step into history with this enchanting 1920 home, the first ever built in the Maine Colony Historic District and one of the few remaining gems in the evolving landscape of Sarasota. Nestled on over an acre of lush, private, fenced land, this property boasts an array of exotic fruit trees, meandering pathways, tranquil ponds, and multiple garden spaces—all perfect for outdoor entertaining or future expansion. The main house features 3 bedrooms, 1 full bath, and 1 half bath, showcasing original wood floors and a metal roof that exudes timeless character. Double pane windows, installed just eight years ago, maintain their vintage charm with the original frames. In 2016, an inviting patio and screened lanai were meticulously added using premium ipe wood, complemented by a Bullfrog hot tub for your relaxation. The kitchen is both functional and stylish, with cork flooring, Miele appliances, a tankless water heater, and a new Miele washer and dryer still under warranty. Modern updates abound, including a 2016 Daikin AC system (under parts and labor warranty till 2028), three new electrical panels, and fully updated plumbing. The property is connected to public water and sewage, with a well available for irrigation needs, and an electric vehicle charging port is also installed! Adding to its versatility, the property includes a delightful, 400 sq ft. 1-bedroom, 1-bath accessory dwelling unit, with its own washer and dryer, and a full fridge, fully turnkey and perfect for rental income or hosting guests. The neighborhood is steeped in history and charm, highlighted by a rustic clubhouse built in 1923 that once served as the social heart of the Maine Colony Historic District. This unique space is still used for special events, fostering a warm and welcoming sense of community. Located in an A-rated school district, this home is just steps from Riverview High School, local shopping, Red Bug Slough Preserve and four miles from the breathtaking Siesta Key Beach. Downtown Sarasota, with its vibrant cultural and dining scene, is only 10 minutes away. With no HOA or deed restrictions, feel free to bring your boat, trailer, and all your toys to fully embrace the Florida lifestyle. Don't miss your chance to own this captivating piece of Sarasota history—schedule your showing today!
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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 | $759,200 | $759,200 | $759,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.625% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.261% | 6.748% | 6.847% |
Monthly Tax Payment | $429 | $429 | $429 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $5,051 | $4,861 | $6,666 |
Total Monthly Payment | $5,572 | $5,382 | $7,187 |
* 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.