3230 E Forest Lake DRIVE, Sarasota, FL, 34232 | $1,749,000

Under contract-accepting backup offers. Discover tranquil lakeside living on a picturesque, nearly acre-sized lot in Old Forest Lakes. Perfectly situated, this property grants easy access to downtown, beaches, shopping, dining, and the Legacy Trail. Experience a blend of classic charm and modern comfort in this beautifully updated ranch-style home, showcasing many upgrades. Enjoy breathtaking lake views from most rooms, and a tastefully updated kitchen that opens to a spacious breakfast area, doubling as your dining room or you can have a formal dining area with built-in shelving, currently utilized as an office.
The master suite addition is a sanctuary, boasting bamboo floors and a large walk-in closet. Step outside to a sprawling 1000 sq ft+ covered, screened lanai, where entertainment is made effortless with a smart wall-mount TV, an oversized saltwater pool, and a retractable electric pool shade.
Storm worries are a thing of the past with a propane generator and impact windows and doors ensuring peace of mind. For added convenience, a 200 SF guest cottage built in 2015 offers extra space, while an air-conditioned 2-car garage, an oversized carport added in 2017, and separate RV parking cater to diverse vehicle needs. Work from home with ease, thanks to whole-house ultra-high-speed internet. Never worry about water quality as this home features a whole house Halo water filtration system. This home offers 4 bedrooms and 3 bathrooms in the main house, and a 1-bed, 1-bath guest cottage, dogwatch fencing, this home melds elegance and convenience for an idyllic lifestyle.

Features

  • Rooms: 10
  • Bedrooms: 5
  • Baths: 4 full
  • Laundry: Laundry Room
  • Style: Ranch
  • Year Built: 1955
  • Garage: 2-car Driveway, Garage Door Opener
  • Heating: Central
  • Cooling: Central Air
  • Approx Sq. Feet: 2,915
  • Acreage: 0.92
  • Est. Taxes: $15,211
  • HOA Fee: $250 Annually
  • Lot Desc: In County, Landscaped
  • View: Water
  • Elem. School: Wilkinson Elementary
  • Middle School: Brookside Middle
  • High School: Sarasota High
  • Pool: Gunite, In Ground, Screen Enclosure
  • Pet Policy: Yes
  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Freezer, Gas Water Heater, Microwave, Range, Refrigerator, Washer, Water Filtration System
  • MLS#: A4577220
  • Days on Market: 230 days
  • Website: https://www.raveis.com
    /eprop/A4577220/3230eforestlakedrive_sarasota_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 5/13/2024 10:07:40 PM)
Listing courtesy of COLDWELL BANKER REALTY   Phone: 941-366-8070

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NMLS Mortgage Loan Originator ID 16953

917.838.7300

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3230 E Forest Lake DRIVE, Sarasota, FL, 34232

$1,749,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

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 $1,399,200 $1,399,200 $1,399,200
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 $1,268 $1,268 $1,268
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $9,545 $9,192 $12,479
Total Monthly Payment $10,938 $10,585 $13,872

* 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.