Incredible opportunity to live on one of only ten rare open water tip lots with 165’ of private unobstructed waterfront. Welcome to the pinnacle of year-round resort style living at this renovated waterfront pool home in the well-established and highly desired neighborhood of Ponderosa Shores. Situated at the end of a private cul-de-sac, this estate is perfectly nestled on a large and elevated quarter acre lot, where you'll have big boat direct Gulf and Bay open water access. Positioned with westerly views overlooking the tranquil waters of Placido Bayou, you’re sure to spend endless evenings mesmerized by the allure of warm bay breezes and breath-taking nightly sunsets from the privacy of your own tropical paradise. Whether you prefer to fish, island hop or relax at a local sand bar, a covered 10, 000lb boat lift and new composite dock will give you the flexibility for any of your preferred recreation activities from the convenience of your back yard. Enter through the front of this modern abode and notice the newly expanded paver driver way, clean lines, fresh paint and buried subterranean power lines. This spacious residence boasts a desirable split floor plan featuring three (3) bedrooms with primary en-suite and expansive walk-in closet, three (3) full bathrooms, a two (2) car garage, and an ample 2, 200 square feet of well-considered living space. A few of the homes gold standard upgrades include a new roof (2024), New HVAC (2023), impact windows, doors and sliders, tankless water heater, and a brand-new reimagined kitchen. The harmoniously designed kitchen is sure to impress even the most discerning in taste. As you cook or entertain from the 15’ island, topped with exotic Brazilian fusion granite, you’ll have the best view in the house overlooking the glistening open waters just off the massive rear deck. This true chef’s kitchen is the focal point of the open floor plan and is well equipped with a stainless appliance suite, wine fridge, walk in pantry, custom solid wood cabinets and drawers with soft close, and recessed LED lighting. Make your way out back through the 38’ custom pocket sliders on to your massive rear deck, perfect for hosting memorable events, or simply relaxing by the water watching dolphins and manatees pass by. The western facing remodeled pool area, with all new equipment, a heater/ chiller, baja shelf and travertine deck, is a true highlight, offering stunning sunset views that provide a spectacular backdrop for evening swims and outdoor gatherings. When you’re ready to wind down, you can do so in one of two primary owners retreat bathrooms with new tile work, spa tub and heated floors. Enjoy the convenience of ultra-low electricity bills with a fully paid off solar panel system and energy efficient systems. There is a deep sense of community here in Ponderosa Shores. Once touted as “St Pete’s Hidden Gem” you’re just minutes to the vibrant shoppes and restaurants of booming Downtown St Petersburg. Bring your golf cart and zoom around this golf cart friendly neighborhood or partake in the Shore Acres Holiday golf cart parade. Stroll to one of the many neighborhood parks or take a short bike ride through Snell Isle to Historic Vinoy Park or Downtown along the active Northeast Trail. This high and dry residence was not damaged during the recent storms, nor ever has been. With its prime location, comprehensive updates and luxury finishes throughout, this home is set to impress the most discerning buyer.
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William Raveis Real Estate
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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 | $1,080,000 | $1,080,000 | $1,080,000 |
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% | 6.760% | 6.806% |
Monthly Tax Payment | $640 | $640 | $640 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $7,095 | $6,915 | $9,482 |
Total Monthly Payment | $7,860 | $7,680 | $10,247 |
* 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.