Under contract-accepting backup offers. There are water views, and there is THIS water view! Please see virtual tour. Rarely available, this exceptional home and home site is located on 255 acre Ward Lake and offers a stunning, expansive, and unobstructed view, and no homes in site to the rear. Enjoy sunrises & evening shade where you can watch birds nesting on a small island in the distance and observe small watercraft pass by. Despite the expansive waterfront location, flood insurance is not required. The expanded (28 x 40) lanai with large custom pool (16 x 28) and spa, two elevated waterfalls, clearview screen and string lights, sets the stage for memorable gatherings, while the pocketing rear slider seamlessly connects the interior to the outdoors. A uniquely flexible floorplan with well-selected, luxury appointments, makes this impeccable home shine. Selections and upscale upgrades include: upgraded front elevation with banding and full hip roof, tile flooring in all rooms, plantation shutters throughout, custom built-in in oversized primary closet that connects to laundry room, custom molding and millwork at selected locations, gourmet kitchen with full overlay cabinetry, soft close hinges & knobs and pulls. You'll appreciate the sizeable closet pantry, a walk-thru butler's pantry with cabinets and counter-top and fridge space that connects the kitchen to the flex room & garage overhead storage racks. There are numerous ceiling details and a large number of overhead recessed lights. The home has been freshly painted in a neutral color palette. A complete list of features can be found in the MLS attachments and your agent can provide to you. Bonus feature: house is "generator ready", being fully wired and plumbed for a gas generator, including a transfer switch as well as hurricane shutters. This gated community has numerous gathering areas including a kayak launch, pool, grilling area, basketball court, playground & and dog parks. Mt. Tumalo, the area's highest point, is privately located within the comunity and provides winding paths, exercise stations, and from the top - breathtaking sunsets. Low HOA fees and NO CDD fees are a definate plus. Location: When it comes to convenience, The Heights at Grandview offers a stellar location, west of I-75, off Honore Ave. Situated in the University Parkway corridor, it borders both Sarasota and Manatee Counties. The community also borders Mote Ranch and nearby is Palm Aire and Palm Aire Country Club, University Park Country Club, upscale shopping such as Whole Foods, Fresh Market, numerous fine & casual dining options and healthcare. Only minutes away are the world class beaches of Sarasota and Manatee Counties, SRQ airport, downtown Sarasota, Bradenton, Lakewood Ranch and the University Town Center. Also nearby, across the lake, is Jigg's Landing, a public park with boat ramps, park, concession stand, boat rentals and live entertainment. Come see this immaculate jewel in a wonderful location. This home scores a 10 out of 10 and is ready for immediate occupancy.
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$889,000
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 | $711,200 | $711,200 | $711,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.625% | 6.500% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.110% | 6.735% | 6.680% |
Monthly Tax Payment | $466 | $466 | $466 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,613 | $4,554 | $6,195 |
Total Monthly Payment | $5,171 | $5,112 | $6,753 |
* 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.