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***Price Improvement*** Discover an exceptional opportunity West of The Trail with this stunning residence, offering nearly 4, 800 sq ft of luxurious living space. Originally re-built in 2004 by one of the area's most respected commercial contractors, this home was his personal residence during the renovations, ensuring it was built with the highest quality standards. The home combines elegance and modern convenience, featuring 4 spacious bedrooms, 4 full bathrooms, and 2 half bathrooms. The first-floor master suite boasts plank tile flooring, a jetted bathroom, and custom closets. A versatile bonus room on the second floor can easily become a fifth bedroom, while three additional bedrooms provide ample space for family or guests.
Designed for entertainment, the home includes a dedicated wing with a game room featuring a wet bar, wine fridge, and kegerator. Adjacent is a newly upgraded theater room with fresh paint, seating for 10, and an updated 4K video theater system. The in-ceiling 4-zone Sonos system extends throughout the main living area and pool, enhancing your audio experience.
The open-concept first floor includes a gourmet kitchen equipped with a gas-fueled Monogram range, double ovens, a warming oven, and a custom walk-in pantry. Granite countertops and new vanities with LED lighting add a touch of sophistication. The great room, with vaulted ceilings and a gas fireplace, offers stunning views of the pool.
Step outside to enjoy the 60-foot resort-style lap pool and spa, surrounded by lush tropical landscaping for complete privacy. The spa is quickly heated by propane, while the pool is heated by electric and features a Marcite finish, all controlled by Pentair wireless technology. The outdoor living area is further enhanced by a saltwater pool updated in 2020 with a new pool cage and a Nebula LED light system that adds a magical touch to evenings.
Additional features include a Generac home generator, two tankless water heaters, kitchen reverse osmosis water filtration, and four HVAC units. Built to last, this 21-year-old home includes impact windows, a smart lock system for added security, and reinforced masonry with hurricane protection and sprayed-in isonene insulation. Stay comfortable with Honeywell Wi-Fi thermostats and enjoy the efficiency of a Rain Bird Wi-Fi enabled irrigation system.
Situated on a private oversized corner lot, this property is not in a FEMA-designated flood zone, so it does not require flood insurance by a lender. It is minutes from Siesta Key, the Field Club, Red Rock Park, and top-rated schools. This home is a rare find in this prime location. Don’t miss the opportunity to own this exceptional property!
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$2,490,000
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 | $1,992,000 | $1,992,000 | $1,992,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.000% | 6.500% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.811% | 6.613% | 6.455% |
Monthly Tax Payment | $877 | $877 | $877 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $11,943 | $12,591 | $17,080 |
Total Monthly Payment | $12,945 | $13,593 | $18,082 |
* 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.