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Rare 1. 2 acres on south Siesta Key with 546-ft. bayfront and 360-degree views. Water views from every room -- including the elevator. Private road for extreme privacy. Extensive upgrades completed in the last year include remodeled kitchen, new well with aerator tank, new water heater, whole-house lightning/surge protection, new aquarium, new whole-house water filtration, new pool surface and LED lights, new pool heater, new attic spray foam insulation, new whole-house generator, new security cameras and monitoring system, new outdoor speakers, new AC systems, new landscape, new rip rap and limestone seawalls, and major interior refresh including paint, marble cleaning/sealing, lighting and window treatments. Inspired by the incredible beauty of the site, this showpiece home surrounds you with beauty, comfort and conviviality. The expansive floorplan features sprawling balconies, and glass-filled front and rear elevations, all designed with a singular purpose: to maximize the spectacular waterfront setting. Gathering areas include formal living room, formal dining room, family room, gourmet kitchen, movie theater, fitness center, pool lounge, covered balcony, covered patio, heated pool/spa and tiki hut. The newly remodeled kitchen is a cook’s delight with center island, eat-in counter, and top-of-the-line Viking/Sub-Zero appliances. Next to the kitchen, the family room features two sets of French doors to a covered patio and open balcony. The custom 96x24x36 saltwater aquarium has a custom reef and an automated LED lighting system. Private quarters include six bedrooms with en-suite baths, plus two home offices. The owners’ retreat is all inclusive, appointed with two private balconies, two spacious walk-in closets and spa-inspired master bath featuring marble surfaces, center jetted bathtub with double walk-through shower behind etched glass. Additional features include a commercial-grade elevator with bay-view window, six-car garage, EV charging station, whole-house generator, whole-house water filtration, six AC systems with UV air purification, custom window treatments, decorative themed cabinet hardware and central vacuum. Outside, the meticulously-maintained landscape encloses the grounds for complete privacy. Water fun is guaranteed with heated pool/spa, dock with 15, 000-lbs. lift plus recreational craft lift and beach kayak launch. When it comes to the ultimate in ultra-luxury coastal living, it’s hard to beat the allure of this dreamy coastal retreat. For a more immersive experience of this home, be sure to watch the video and take the interactive 3D tour.
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Our Executive Mortgage Banker:
Our Insurance Division:
$14,950,000
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 | $11,960,000 | $11,960,000 | $11,960,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.500% | 7.500% | 7.375% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 8.008% | 7.645% | 7.605% |
Monthly Tax Payment | $4,612 | $4,612 | $4,612 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $83,626 | $83,626 | $110,023 |
Total Monthly Payment | $88,363 | $88,363 | $114,760 |
* 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.