PRICE IMPROVEMENT! Experience the perfect fusion of coastal opulence and modern elegance within this waterfront residence located in one of Sarasota's most coveted zip codes: 34242, Siesta Key, home to the #1 beach in the USA. This turn-key oasis awaits your arrival. Built by the esteemed boutique firm, NC Ferguson Construction of Sarasota, this home exudes timeless charm and the functionality of new construction. Your backyard retreat where cherished memories will be made boasts 62 feet of waterfront AND a private beach, a rarity in itself to launch kayaks and paddle boards. Set sail from your own boat dock with jet ski lifts and a 10, 000 lbs. boat lift, granting direct access to Little Sarasota Bay and the Gulf. Nestled amidst protected mangroves and meticulously landscaped surroundings, you'll discover an oasis of serenity and the lifestyle you've always dreamed of! This home offers a total of 8, 256 sq. ft. , including 5, 034 sq. ft. of air-conditioned living space and 2, 256 sq. ft. of covered balconies and patios. Enjoy the pool, spa, and gas-powered fire pit while relishing Little Sarasota Bay's unobstructed views. The residence features four bedrooms, three full bathrooms, and a separate home office on the second and third floors. On the spacious ground-level living space, you'll find an additional custom-built bunk-bed room, a luxurious aprés-swim full bathroom, and a piano/entertainment room that can also be utilized as a private gym. Begin your day with waterfront vistas and the soft glow of the sun reflecting off the bay, thanks to direct access to a covered balcony from your primary bedroom sanctuary. This exquisite suite encompasses a sitting area/library and features two impeccably designed walk-in closets, an en-suite bathroom with a soaking tub, dual vanities, and a glass-enclosed shower that offers breathtaking waterfront views from every angle while maintaining absolute privacy. The chef's kitchen, adorned with an expansive Quartz island, overlooks the dining and living areas, seamlessly integrating with a full wall of glass sliders that reveal awe-inspiring colors of the sunset and lush bay panoramas. Equipped with a six-burner Wolf stove and an array of Wolf appliances, including a coffee/espresso/cappuccino maker, this kitchen is a culinary masterpiece. Savor pristine water courtesy of the reverse osmosis water filtration system, which also connects to your luxury ice maker. Your Sub-Zero refrigerator and Asko dishwasher complete this epicurean haven. For grand gatherings, indulge in the football game on one of two patios with outdoor television monitors. As boats gracefully glide by, revel in your comprehensive outdoor kitchen, complemented by a custom exterior spiral staircase that leads to your waterfront patio sanctuary, offering another convenient access point to the ground level. This intelligent abode boasts full automation with remote access to landscape lighting and irrigation, boat lifts, a Sonos multi-zone indoor/outdoor speaker system, garage door controllers, a security camera system, interior lighting, pool/spa temperature and lighting controls, automated blinds, and wireless internet range extenders. The three-car garage ensures your vehicles are comfortably housed, and it even includes ports to easily install a Tesla charging station. This home welcomes you with open arms, fully finished and exquisitely adorned, ready for you to relish from day one. Paradise beckons – your home in paradise awaits…
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Our Executive Mortgage Banker:
Our Insurance Division:
William Raveis Real Estate
RVP, Mortgage Banker
William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr)
Adjustable Rate Jumbo*
|Term||360 months||360 months||180 months|
|Initial Interest Rate**||7.250%||7.375%||7.125%|
|Interest Rate based on Index + Margin||8.125%|
|Annual Percentage Rate||7.903%||7.506%||7.354%|
|Monthly Tax Payment||$2,942||$2,942||$2,942|
|H/O Insurance Payment||$125||$125||$125|
|Initial Principal & Interest Pmt||$29,988||$30,362||$39,820|
|Total Monthly Payment||$33,055||$33,429||$42,887|
* 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.