Under contract-accepting backup offers. ** THIS IS THE UNDISPUTED BEST VALUE IN SARASOTA HORSE PROPERTIES - EXQUISITE 6+ ACRE ESTATE WITH DUAL HOMES, SEPARATE STUDIO, AND EXPANSIVE DETACHED GARAGE! ** Nestled amidst the picturesque oaks of one of Sarasota's premier equestrian communities, this sprawling property is high-and-dry and ideal for equine enthusiasts! It offers unparalleled privacy while being conveniently close to Sarasota's amenities. The main residence, custom built by the current owner in 2003, showcases upscale features and captivating views from every angle, including a charming gas/wood-burning fireplace, a private office with built-ins, and a spacious layout designed to accommodate every lifestyle need. ** The guest house is a paragon of timeless Florida charm; it's undergone a complete renovation, presenting an ideal space for short-term rentals or multi-generational living. Outside, a collection of outbuildings, including a 2-stall horse barn, a 2-car detached garage w/ giant carport and a gym / flex room (in addition to the attached 2-car garage), and a versatile studio under a beautiful oak canopy complements the main dwellings, offering endless possibilities. **MAIN HOME FEATURES: 3 Bedrooms, 2. 5 Bathrooms, and Den across 2, 603SF Under Air * Modern Updates Throughout Main Home and Guest House * Inviting OPEN-CONCEPT KITCHEN with Granite Countertops * Oversized Lanai with Serene Lake Views and Wildlife Sightings * Propane Appliances and Combo Gas/Wood-Burning Fireplace *Recently Installed Roof (2022) and Storm Shutters * Luxurious En-Suite Master with Roman Shower and Jacuzzi Tub * Gated Entry and Newer HVAC System with Antibacterial UV Light ** GUEST HOUSE FEATURES: 2 Bedrooms and 2 Bathrooms spanning 1, 014SF * Completely Renovated with Timeless Appeal * Independent Living with Private Driveway and Spacious Rooms * Rich History as the Former Residence of Author John D. MacDonald * OUTBUILDING FEATURES: Three Distinct Outbuildings Offering Versatile Spaces * Two-Car Garage with Carport and Air-Conditioned Exercise Room * Separate Studio with A/C, Power, and Water * Two-Stall Barn with Laundry, Tack Room, and Paddock ** COMMUNITY FEATURES: Enjoy the perks of Myakka Valley Ranches without the burden of HOA dues. Delight in private roads, abundant wildlife from Myakka State Park, and over 30 miles of horse trails. Experience tranquility while remaining minutes away from essential amenities, including grocery stores, schools, and the renowned Siesta Key Beach. Don't miss this extraordinary opportunity to own a legacy estate that promises a lifetime of cherished memories!
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,435,000
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 | $1,148,000 | $1,148,000 | $1,148,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.875% | 6.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.877% | 6.977% | 7.041% |
Monthly Tax Payment | $438 | $438 | $438 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $7,831 | $7,542 | $10,238 |
Total Monthly Payment | $8,394 | $8,105 | $10,801 |
* 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.