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Under contract-accepting backup offers. Welcome to this exquisite home on one of the best lots in the Venetian Golf and River Club with tranquil lake views overlooking the preserve of Myakka River Park. This TURNKEY FURNISHED home comes with high end Tommy Bahama furniture, approx. $100K value. A home with identical floorplan on 201 Portofino Drive was sold in Nov 2024 for 1. 325M without furniture included. This property could be a good investment as well with potential rental income of $7000+ a month.
This custom WCI built “Donato” floorplan features 4 bedrooms plus 2 dens, 4 full bathrooms and an over-sized 3 car garage.
The moment you walk through the leaded glass entry doors you will be surrounded by quality and custom touches, crown molding and tray ceilings throughout the home. The upgraded open kitchen has tall maple wood cabinets, granite counter tops with breakfast bar, stainless steel gas appliances, wine cooler, and an eat-in kitchen area overlooking the pool and the lake. From the expansive living room through the pocket sliding glass doors, you can access the patio area where you will find the heated saltwater infinity edge pool and spa and a complete outdoor kitchen with a bar to enjoy a beautiful sunset. The bright primary suite has his & her closets leading to the large bathroom with a spa tub, dual sinks and a walk-in shower. This home also features central security system, central vacuum, UV light system in air handler, plantation shutters, surround sound speaker system, on demand 27 KW natural gas home generator, providing peace of mind and continuous power during any outage. Within the last month all pavers and roof have been professionally cleaned and sealed, brand new landscaping was installed around the whole house in February 2025 for $50k. Seller had a pre-inspection done to make sure the house is immaculate.
The gated and guarded community of Venetian Golf and River Club offers 3 pickleball courts, 6 Har-Tru lighted tennis courts staffed by USPTA tennis professionals and a separate tennis pro shop. The amenities of the club house include a resort-style heated pool, lap pool, fitness center, Tiki bar with happy hour and a fine dining restaurant. Residents can host birthdays, weddings, anniversaries and other special occasions in the club house and also enjoy social activities, game nights, water aerobics, Zumba and other fitness classes. There is access through River Club to a 70-acre Myakka River Park with canoe launch, several walking trails and a raised boardwalk to Myakka River. The award winning 18-hole par 72 championship golf course with generous fairways designed by renowned golf course architect Chip Powell and voted as one of the top 25 golf courses in Florida. Venetian's head golf professional and PGA member Chris Souchak and his staff provide expertise on technique, club fitting and tips for playing the course. THE GOLF MEMBERSHIP IS OPTIONAL. Venetian is a short drive to I-75 and the new Sarasota Memorial Hospital-Venice, downtown Venice and the beach are only 15 minutes away. Venice Island is meticulously planned, with tropical tree-lined boulevards and a quaint walkable downtown where you can enjoy unique shopping, restaurants, Venice Art Center, Venice Theatre, Venice Public Library, and much more.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,250,000
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 | $1,000,000 | $1,000,000 | $1,000,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.125% | 6.625% | 6.375% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.861% | 6.727% | 6.560% |
Monthly Tax Payment | $1,517 | $1,517 | $1,517 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $6,076 | $6,403 | $8,643 |
Total Monthly Payment | $7,718 | $8,045 | $10,285 |
* 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.