Beautiful lake views and over half an acre of professionally landscaped grounds frame 2308 Somerset Place, one of the most desirable properties in LaMorada. Being sold by the original owner, this is an uncommon opportunity to make a comfortable estate home your own. This light and bright, quiet and private residence epitomizes the Florida lifestyle: an ideal southern rear exposure; large pool with integrated spa, sun deck, and water features; huge, screen enclosed, paver patio around the pool; large wood ceiling lanai; outdoor kitchen; expansive outdoor space to enjoy both in back and in front of the home; a well-appointed chef’s kitchen; high ceilings; an oversize 3 car garage; and on Somerset, LaMorada’s preferred street, low density, open, and noise-free. Relax in the spa, lounge around the pool, cook indoors and out, and entertain on the large lanai and in the spacious and inviting great room. Open the hurricane rated impact glass sliding doors and windows and bring the outside into the large family room, gather comfortably around the large island and kitchen table, or entertain in the semi-formal dining area. Retreat to the substantial owners’ suite, which features beautiful views out to the lake, walk-in closets, dual sinks, full size tub, and walk-in shower with dual showerheads. The popular Bougainvillea model’s split floor plan’s three bedrooms all integrate baths ensuite and the office/den flex room with coffered ceiling has its own closet, door, and window, converting easily into a fourth bedroom. The extensive feature list includes quartz countertops, travertine, wood, and tile flooring; tray, coffered, and tongue and groove wood ceilings; tankless water heating; tasteful chandeliers and ceiling fans; natural gas-powered cook top, grill, and pool heater; dual-zone climate control with Google Nest and Honeywell WiFi thermostats; walk-in pantry; tons of Closet Factory cabinetry added to the oversized three car garage; energy efficient LED lights throughout the home; WiFi/Alexa/Google controllable lighting control systems in the home, garage, and pool area; easily accessed pool bath; central vacuum system; and more. Rest easily knowing that you have a whole house 20kw Kohler standby generator (that even powers the pool) as well as surge protection, the windows and doors are impact rated, the house sits high and dry in Flood Zone X, and the alarm system (with battery backup) is monitored and augmented with a hard-wired exterior camera surveillance system. LaMorada features a 14, 000 sq ft clubhouse and resort-style amenities that include a poolside bar, food & beverage service, large pool & hot tub, large fitness center, and tennis, pickle ball, and bocce courts, a culinary arts studio for cooking and wine tasting demonstrations, social room, movie theater, and card and craft rooms; and all conveniently located near Publix, North Collier Hospital (NCH), banks, restaurants, and commercial centers in one of Naples’ fastest growing corridors.
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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 | $1,196,000 | $1,196,000 | $1,196,000 |
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 | 7.200% | 6.748% | 6.786% |
Monthly Tax Payment | $499 | $499 | $499 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $7,957 | $7,658 | $10,501 |
Total Monthly Payment | $8,581 | $8,282 | $11,125 |
* 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.