Under Construction. Completion in April/May. Mere minutes from world-famous Siesta Key Beach, this stunning estate-sized home in the family-friendly neighborhood of Granada is perfect for year-round luxury living or a part-time heavenly retreat. With just a short walk to launch a kayak at the north bridge or a perhaps playdate at nearby Redrock park, strolling the quaint sidewalk-lined streets with Spanish-moss covered oak trees beckons innocent times and white picket fences. This 5-bedroom (or 4-beds and a bonus room), 4. 5-bath, 3, 610 square foot new construction home includes an office, 3-car garage, luxurious pool and waterfall spa and sits on an oversized corner double lot of . 27 acres. Award-winning Heritage Builders has created this exquisite floorplan in the British West Indies style to inspire classic yet comfortable “Island” inspired living. This expansive custom home is situated on an estate-sized lot in Sarasota's coveted West of Trail area. Through striking double entry doors, owners and guests are wowed by an open floorplan marked by soaring 20-foot ceilings and expansive views of the stunning pool, spa and lush tropical landscaping beyond. The spacious family room with wet bar opens to an impressive kitchen with gourmet features including Wolf Sub Zero appliances, oversized island, quartz counters, custom white-wood cabinetry, and a walk-in pantry among others. The large entertaining space includes a dining room, open to the living areas yet providing just enough separation to host large gatherings with a hint of formality. The beautiful owners retreat makes up an entire wing of the first floor, with dual walk-in closets, access to the pool/spa, and large en suite bath with a Zen-like walk-in rain shower and dual vanities, all custom solid white wood cabinetry with quartz counters. A private office, laundry room, mud room, and en suite guest room complete the first floor. As you traverse the staircase with views below, you’re greeted by the private and surprisingly large upstairs living areas. With two additional guest bedrooms, two full baths, and a large bonus room/5th bedroom, the floor is perfect for guests, family, or simply a place for seclusion. Florida’s outdoor living is the centerpiece of this home, with large sliding glass doors giving way to a spacious covered lanai with outdoor kitchen, oversized pool and pool deck, with an elevated spa with waterfall and fire features. Attention to detail, craftsmanship, quality materials, and luxurious architectural details abound. Expecting guests or desire a golf-cart? No problem. The 3-car garage gives ample space for “toys” or extra storage. Districted for the top ranked Southside Elementary, the location is one of the most coveted in the area. The list price includes almost all the bells and whistles. Some photos are artist renderings and may include furnishings and features not included.
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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 | $2,316,000 | $2,316,000 | $2,316,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.500% | 7.250% | 7.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.995% | 7.354% | 7.292% |
Monthly Tax Payment | $629 | $629 | $629 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $16,194 | $15,799 | $20,979 |
Total Monthly Payment | $16,948 | $16,553 | $21,733 |
* 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.