Who wants a little slice of heaven on a Peninsula in Old Ponte Vedra Beach located within a short stroll to the famed Ponte Vedra beaches? Affectionately called ''Island Road'' by the locals, this home & location cannot be beaten! Once you cross over the bridge to Lake Road onto a peaceful, cul-de-sac street w/ no through traffic, you will immediately notice this magnificent estate to the East with sweeping lagoon views & easterly breezes! This classic & elegant beauty is unrivaled & offers so much customization that you just must see it in person! This home has been completely remodeled in 2017 with the finest materials; Chef's kitchen featuring Wolf double ovens, Sub-Zero Refrigerator, Thermador gas cooktop, custom drop zone w/ built-ins, custom walnut flooring, Basalt & limestone cut custom for this home, custom railings, two laundry rooms, three fireplaces (Office, Formal Living Room, Informal Living Room), elevator & much more! This home boasts 5, 745 square feet of impressive finishes & offers 4 bedrooms, 5. 5 baths (all ensuite bedrooms/bathrooms), office & solarium w/ vaulted ceilings, 3-car garage featuring electric car charger, e-poxy floors & custom built-ins, large dining room with custom Kudo scones, new custom lighting throughout the home & more! The primary bathroom was renovated in 2023 with spa-like finishes & opens up to 2 large walk-in closets as well as the balcony that expands the entire East side of the home to enjoy the lagoon views & ocean breeze! Some of the newer updates are; 22kw generator 2019 that operates 80% of the home, Ipe dock 2022, AC for mudroom & Wine Storage in 2023 (the other two are 4-5 years old), fencing 2017, 3 newer Rinnai tankless water heaters, exterior home painted in 2020, Bermuda grass in the front & back are just to name a few.
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Our Executive Mortgage Banker:
Our Insurance Division:
$5,998,000
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 | $4,798,400 | $4,798,400 | $4,798,400 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.875% | 6.625% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.148% | 6.748% | 6.786% |
Monthly Tax Payment | $3,977 | $3,977 | $3,977 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $31,522 | $30,725 | $42,130 |
Total Monthly Payment | $35,624 | $34,827 | $46,232 |
* 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.