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PANORAMIC LAKE VIEWS AND SHOWSTOPPING SUNSETS! This 4 bed / 2. 5 bath / 3 car garage home w/ SOLAR SALTWATER HEATED POOL AND SPA spans 2, 693 sqft and was CUSTOM BUILT by renowned Sarasota builder LEE WETHERINGTON. A NEW ROOF (2022) and NEW A/C (2020) will give this home’s new owner many years of service and peace of mind. * Most furnishings included * Guests are greeted warmly with a wide walkway adorned with mature landscaping leading to the GLASS DOUBLE FRENCH DOOR ENTRY. Upon entering this light, bright, happy home you immediately see that AMAZING LAKE VIEW through the sliding glass doors ahead and are immersed in all the details you expect to see in a QUALITY BUILT CUSTOM HOME. From the tray ceilings and art niches to the built-ins and oversized windows – this just feels like home. The LIVING ROOM – DINING ROOM area is the perfect space to entertain friends and family and creates a very private split floor plan. The KITCHEN – FAMILY ROOM space features a dramatic DISSAPEARING CORNER where two different sets of glass sliders meet. When opened, this transforms the family room by connecting it to the covered lanai creating a seamless indoor/outdoor space that you will love. The EXPANSIVE SCREENED LANAI offers a tropical and private area with plenty of space for dining, relaxing, and watching the magnificent EGRETS, OSPREYS, and HERONS as they seek their next meal. The HALF BATH tucked behind the family room also has an exterior door which opens directly to the lanai allowing it to serve as a pool bath for added convenience. The true heart of the home is the kitchen though. The RICH 42” CHERRY WOOD CABINETRY, GRANITE COUNTERS, and generous CENTER ISLAND make this the perfect gathering space for meal preparation. You will appreciate the STAINLESS-STEEL APPLIANCES, which boasts a gas cooktop, double wall ovens, convection microwave, oversized fridge, and an extra quiet Bosch dishwasher. Bedrooms 2 and 3 share a bathroom near the utility room and bedroom 4 is located on the opposite side of the home near the Primary suite and has a closet but currently serves as a DEN/OFFICE space. The primary suite offers fantastic lake views and his and hers walk-in closets. Another notable feature is the long DOG RUN which connects the lanai to the garage service door creating a handy place for your pet. University Place is a gated enclave that features two different pools (including a lap pool and splash pad for kids), fitness center, and playground. This neighborhood highly sought after for its proximity to the UNIVERSITY TOWN CENTER (UTC) SHOPPING AND ENTERTAINMENT DISCTRICT, Lakewood Ranch Main Street and Waterside Place, Downtown Sarasota, SRQ Airport, A Rated Schools, Whole Foods, St. Armands Circle, and Gulf beaches at Lido Key. This home is an ABSOLUTE MUST SEE for buyers seeking incredible views and quality construction.
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Our Executive Mortgage Banker:
Our Insurance Division:
$830,000
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 | $664,000 | $664,000 | $664,000 |
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 | $950 | $950 | $950 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,035 | $4,252 | $5,739 |
Total Monthly Payment | $5,077 | $5,294 | $6,781 |
* 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.