1514 S Lake Shore DRIVE, Sarasota, FL, 34231 | $1,790,000

One or more photo(s) has been virtually staged. Nestled on one-third of an acre in the picturesque West of Trail community of Oyster Bay Estates, this captivating one-of-a-kind home combines striking artisan and architectural details with elegant charm and comfort inside and out. The 2, 430-SF residence features a clay tile roof, Mexican tile floors, carved stone fireplace mantel and surround, hand-painted tile accents, hand-painted sinks, and hand-made clay sconces and pendants. Natural wood baseboards, cabinetry, ceiling beams and plantation shutters infuse the home with warmth, and Andersen windows protected by decorative stay-in-place shutters provide peace of mind. An enchanting front yard and entry courtyard set the tone for the home’s distinctive interior, boasting thoughtfully selected appointments and finishes details throughout. Well-connected main living spaces, including the kitchen, dining, and living areas, and screened lanai are perfect for entertaining. The stunning kitchen includes custom wood cabinetry, fossil marble countertops and high-end appliances, including a Fisher & Paykel dual-fuel range with side-by-side ovens. The kitchen opens to the spacious living and dining areas, where walls of glass transition to an expansive, private outdoor sanctuary surrounded by flourishing tropical landscaping. The lanai features a 40’x14’ heated pool, stone columns, generous covered spaces with wood ceilings for dining and entertaining, and an open deck overlooking the tranquil scenery and fenced backyard. A sumptuous private retreat awaits in the lovely owners’ suite, featuring a cathedral ceiling with exposed wood beams and trapezoid windows over sliding glass doors to the pool. A charming hallway – with windows and a door to a courtyard garden on one side – flows past two walk-in closets and the master bathroom with dual vanities and a large walk-in shower. Two 16’x11’ bedrooms provide comfortable, private quarters for overnight guests. This amazing home is just down the road from the exclusive Field Club, close to shopping and dining, and a few miles to Siesta Beach and downtown Sarasota.

Features

  • Rooms: 8
  • Bedrooms: 3
  • Baths: 3 full
  • Laundry: Inside
  • Style: Custom, Florida
  • Year Built: 1953
  • Garage: 2-car Circular Driveway, Garage Door Opener, On Street, Open
  • Heating: Central, Heat Pump
  • Cooling: Central Air
  • Approx Sq. Feet: 2,430
  • Acreage: 0.34
  • Est. Taxes: $5,036
  • Lot Desc: Landscaped
  • View: Garden, Pool
  • Elem. School: Phillippi Shores Elementary
  • Middle School: Brookside Middle
  • High School: Riverview High
  • Pool: Deck, Gunite, Heated, In Ground, Lighting, Outside Bath Access
  • Pet Policy: Yes
  • Appliances: Dishwasher, Disposal, Exhaust Fan, Freezer, Range, Range Hood, Refrigerator, Tankless Water Heater, Washer, Water Filtration System
  • MLS#: A4579921
  • Days on Market: 229 days
  • Website: https://www.raveis.com
    /eprop/A4579921/1514slakeshoredrive_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 5/15/2024 6:02:09 PM)
Listing courtesy of MICHAEL SAUNDERS & COMPANY   Phone: 941-349-3444

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NMLS Mortgage Loan Originator ID 16953

917.838.7300

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1514 S Lake Shore DRIVE, Sarasota, FL, 34231

$1,790,000

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 $1,432,000 $1,432,000 $1,432,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.125% 6.750% 6.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.838% 6.851% 6.915%
Monthly Tax Payment $420 $420 $420
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $9,648 $9,288 $12,672
Total Monthly Payment $10,193 $9,833 $13,217

* 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.