A Mediterranean inspired enclave with country club resort amenities. Furniture available under separate contract. Your approach to 346 Montelluna Drive is through a gated entry with 24/7 guard and lushly landscaped Boulevard, framed by ornamental grass, beautiful homes, walking trails and a spectacular private golf course. Contemporary in style, and furnished specifically for this home, in warm and rich tones of greige and navy blue. This DaForti model (3/4 bed, den, 3 bath) home evokes casual elegance, commanding a spectacular lakeside setting with horizon views of the 6th fairway. Augmented with all impact resistant windows (electronic Kevlar hurricane screen for sliding doors), a Kohler whole-house generator, and radiant sheathing insulation. Virtually all mechanicals have been recently upgraded, newly installed (HVAC, gas pool and water heater, irrigation timer, Aquaplus remote control pool system). The kitchen and guest bathrooms have been renovated, including Quartzite counters (best-in-class), appliances, sinks, faucets and hardware. The great room, leisure room and dining areas are aglow with new designer lighting and custom window treatments, unified by ivory tile floors, double tray ceilings, crown moldings, and a surround sound audio system. Luxury driftwood colored wood-plank vinyl floors are in all bedrooms. Luxuriate in the home's multi-faceted outdoor heated infinity pool, spa and lounging areas, partially under covered roof and screen with paver brick flooring. Storage and the utility of intelligent space planning is supplemented by Closet Tec closet organization systems and a huge 2+ car garage, sized for a golf cart, workbench or hobbyist's area. The River Club, its casual and fine dining, a cocktail lounge, event space, Tikki Bar, lap and recreational pool, fitness center, Har-Tru lighted tennis and pickleball courts are included in the HOA fees. Discover Florida wildlife and leisurely walks on the Trex composite boardwalk along the Myakka River, a 70-acrea nature park abutting the River Club. The golf club and 18-hole course is private, membership optional. And just minutes away are the quaint shops, restaurants, beaches, recreational and cultural activities and venues of Venice Island and greater Sarasota County.
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Our Executive Mortgage Banker:
Our Insurance Division:
$775,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $620,000 | $620,000 | $620,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.875% | 6.990% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.191% | 7.159% | 6.392% |
Monthly Tax Payment | $856 | $856 | $856 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,073 | $4,121 | $5,274 |
Total Monthly Payment | $5,021 | $5,069 | $6,222 |
* 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.