Welcome to 17109 1st Dr E, a stunning, Lee Wetherington custom-built residence, in the sought-after community of Rye Wilderness Estates. Situated on a spacious 1/2 acre lot, this meticulously maintained home offers the perfect blend of luxury, privacy, and functionality with 3 bedrooms, 3 full bathrooms, and 2, 736 sq ft of thoughtfully designed living space. Step inside to find an inviting open-concept layout filled with natural light, soaring ceilings, and elegant finishes. The gourmet kitchen is a chef's dream, with granite countertops, stainless steel appliances, abundant cabinetry and counter space. The adjacent dining and living areas create the ideal space for entertaining or relaxing. The expansive primary suite features a private retreat with a spa-like en-suite bath, including a soaking tub, walk in shower, and dual vanities. Two additional generously sized bedrooms offer comfort & versatility for family or guests as well as a private home office, and a secondary living room/great room. For the car enthusiast or if you're looking for additional storage options, this home features dual 2-car garages for a total of 4 covered garage spaces! Outdoors, enjoy Florida living at its finest with the covered lanai, outdoor kitchen with propane gas grill, the heated pool- all within the pool cage. All of this overlooks a beautiful a double pond water view and the plentiful trees of Rye Wilderness Preserve providing plenty of peace and tranquility. The home features dual zone AC units which were both replaced in 2020, a propane stub for a future generator, and the owners are in the process of having the lanai re-screened (currently set to be completed in February). This community is known for its over-sized lots, premium homes, low HOA fees, and NO CDD fees all while offering easy access to top-rated schools, shopping, dining, parks, and the Gulf Coast beaches. Conveniently located with Lakewood Ranch/Waterside Place & The Mall at UTC to the South and the growing area of Parrish & Palmetto to the north, SRQ, TPA, and St Pete-Clearwater airports are all readily accessible, and you're within an hour of Tampa, Clearwater, downtown Sarasota & downtown Bradenton which provides endless opportunities for shopping, dining, and night life. Don't miss the exceptional opportunity to call this home yours! Sellers are offering a $20, 000 credit to buyers at closing with acceptable offer, to be used towards any future updates, any misc property repairs/inspection items, closing cost assistance, rate buy down, etc.
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William Raveis Mortgage, LLC
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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 | $711,920 | $711,920 | $711,920 |
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 | $378 | $378 | $378 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,736 | $4,559 | $6,251 |
Total Monthly Payment | $5,206 | $5,029 | $6,721 |
* 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.