Presented byNelsa Bross |
Step into this exclusive gated mainland estate, characterized by timeless classic architectural design and deep water anchorage that perfectly embodies the many qualities of this uniquely crafted residence. Nestled within the sought-after San Remo Estates, widely recognized as the geographic center of Sarasota, this property offers proximity to downtown Sarasota, Siesta Key, and Southside Village, making it a prime location in a thriving market. Crafted by esteemed builder Bill McGinness, this home stands on a foundation of 54 sturdy concrete pilings, showcasing both reliability and artistry. A comprehensive renovation in 2015 further enhanced its allure. The property boasts stunning panoramic water views in every direction, extending from a sprawling private lot with a meticulously equipped boat dock on the sheltered deep water harbor. The interior layout is thoughtfully designed with an expansive open floor plan that seamlessly guides you through its sophisticated spaces. Abundant natural light illuminates the architectural details and millwork, including coffered ceilings and two elegant gas fireplaces. Anderson sliding doors and windows, along with rich wood flooring and lightly polished travertine, contribute to the atmosphere of refined luxury. The roof was installed in 2020. A new air conditioner and ADT security system provide modern comfort and safety. The potential for an elevator is accounted for in the layout. The main level hosts the owner's quarters and a well-appointed office, while the second level encompasses three bedroom suites and a spacious TV/game room with a kitchenette, perfect for hosting gatherings. A balcony on the second level overlooks the captivating waterscape and pool area. The kitchen is adorned with a seamless one-piece quartz-topped island and surrounded by an intimate family room and breakfast area. Premium wood cabinetry, granite-clad perimeter counters, and stainless-steel appliances exemplify quality and elegance. Convenient to the kitchen, a separate dining room is perfect for gatherings. Practicality is not overlooked, as the home features ample laundry facilities with an unusual abundance of closet space. The three-car garage oversized. The outdoor spaces are designed for relaxation and entertainment, with expansive decks for dining and unwinding by the heated pool and spa which was installed in 2017. The yard is enclosed by a fence and adorned with mature landscaping, ensuring privacy and tranquility. In addition to its exceptional features, this property falls within the coveted Southside Elementary school district, enhancing its desirability for families. Indulge in the epitome of coastal luxury living in this extraordinary waterfront estate.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$6,750,000
Sales Associate
William Raveis Real Estate
Phone: 239.370.8287
Nelsa.Bross@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 | $5,400,000 | $5,400,000 | $5,400,000 |
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% | 7.014% | 7.041% |
Monthly Tax Payment | $2,971 | $2,971 | $2,971 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $36,838 | $35,474 | $48,160 |
Total Monthly Payment | $39,934 | $38,570 | $51,256 |
* 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.