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Presented by![]() Jim Gammello |
Welcome to this striking contemporary residence tucked away in the highly sought-after community of Siesta Cove—an established subdivision on Siesta Key. Located just moments from the powdery sands of Siesta Key Beach and Siesta Key Village. Built in 1980 and thoughtfully updated, this three-bedroom, four-bathroom home sits on a beautifully designed eco-friendly yard with tropical and native plants on a lot of over 1/4 of an acre. There has been NO HURRICANE DAMAGE OR FLOODING.
From the moment you enter, you are greeted by soaring vaulted ceilings, abundant natural light, and a fluid open-concept floor plan designed for both everyday living and stylish entertaining. Rich porcelain tile and engineered hardwood flooring flow throughout the home, while large picture windows and sliding glass doors frame views of the lush exterior gardens and private lanai.
The spacious living room features a cozy wood-burning fireplace and seamlessly transitions into the dining area and family room, creating an ideal gathering space. The well-appointed kitchen is equipped with stainless steel appliances, quartz countertops, built-in shelving, and a convenient wet bar, making it both functional, inviting and perfect for entertaining.
The primary suite, located on the main floor, is a true retreat with engineered hardwood floors, a generous walk-in closet, a spa-inspired ensuite bath, and direct access to the lanai. Two additional bedrooms are also located on the main level, each served by their own full bathrooms. There is a den on the first floor that is currently used as a 4th bedroom. A versatile loft space on the second floor provides additional living flexibility—perfect for a home office, media room, playroom, or guest quarters.
The rear of the home opens to a breathtaking two-story screened lanai—an architectural focal point that dramatically extends the living space outdoors. Surrounded by lush tropical landscaping, this impressive area includes multiple seating zones, a rear porch, patio, and an elevated deck—ideal for entertaining or simply enjoying the tranquil Sarasota evenings. Exterior highlights include garden lighting, sliding doors, rain gutters, and a welcoming front porch.
Additional features of the home include a full-size laundry room with washer and dryer, an attic ventilator for improved airflow, ceiling fans in multiple rooms, window treatments throughout, and a programmable thermostat. The attached two-car garage provides ample storage and convenience. The home also benefits from underground utilities, street lighting, and is connected to public sewer and water.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,250,000
Broker Associate
William Raveis Real Estate
Phone: 941.699.6283
Jim.Gammello@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 | $918 | $918 | $918 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $6,076 | $6,403 | $8,643 |
Total Monthly Payment | $7,119 | $7,446 | $9,686 |
* 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.