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Presented by
Dane Norgart |
1137 N Lake Shore DRIVE, Sarasota, FL, 34231 | $8,950,000
This unique gated waterfront estate is situated on a private cul-de-sac in one of the most coveted neighborhoods in Sarasota, Oyster Bay. This home blends definitive architectural features and exquisite finishes that create a remarkable yet comfortable lifestyle. The impressive open floor plan offers generous spaces and cherry hardwood flooring throughout. The elegant foyer opens to a stately, formal living area with a marble fireplace. The chef’s kitchen offers custom cabinetry and Viking appliances. The kitchen is contiguous with the family room, making it a perfect setting for family get-togethers. Butler’s pantry and wet bar are added features to the living area. The wood-paneled library/office also offers a coffered ceiling and is conveniently located on the main living level. Primary suite offers a tranquil setting with exceptional water views, generous closet space, and a spacious bath with separate vanities and travertine marble flooring. The second level offers 4 en-suite bedrooms , one of which is a second primary; all have exceptional water views and doors opening to a generous sized balcony. This remarkable home also boasts a ground-level garage with six-car parking, elevator access to all levels, ample storage space, and a guest suite with living room and its own large sized terrace above the garage. The property offers extraordinary water views of the Siesta and Ringling bridges and beyond on all levels, bringing a relaxed atmosphere perfect for entertaining family and guests. The exemplary outdoor living space with over 141 of water frontage is designed for relaxation and entertaining, with a fully equipped summer kitchen, several sitting areas, a heated pool, a spa, and a tiki hut to pass the day away. For the water enthusiast, the property offers a dock and two boat lifts for boating and kayaking. This residence exudes an exceptional lifestyle and is located minutes from pristine beaches, vibrant Southside Village, and downtown Sarasota, offering fine dining, charming boutiques, and abundant cultural arts and entertainment venues.
Features
- Elevator: Y
- Rooms: 9
- Bedrooms: 6
- Baths: 6 full / 1 half
- Style: Mediterranean, Traditional
- Year Built: 2004
- Garage: 6-car Garage Door Opener, Golf Cart Parking, Tandem, Workshop in Garage
- Heating: Central
- Cooling: Central Air
- Approx Sq. Feet: 6,462
- Acreage: 0.46
- Est. Taxes: $37,449
- HOA Fee: $200 Annually
- Lot Desc: Landscaped, Private
- View: Water
- Elem. School: Phillippi Shores Elementary
- Middle School: Brookside Middle
- High School: Riverview High
- Pool: Auto Cleaner, In Ground
- Pet Policy: Yes
- Appliances: Bar Fridge, Built-In Oven, Dishwasher, Disposal, Dryer, Freezer, Ice Maker, Microwave, Range, Range Hood, Refrigerator, Washer, Wine Refrigerator
- MLS#: A4585703
- Days on Market: 202 days
- Website: https://www.raveis.com
/eprop/A4585703/1137nlakeshoredrive_sarasota_fl?source=qrflyer
William Raveis Family of Services
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.
Dane NorgartSales Associate
239.595.3106
Dane.Norgart@raveis.com
Our family of companies offer our clients a new level of full-service real estate. We shall:
- Market your home to realize a quick sale at the best possible price
- Place up to 20+ photos of your home on our website, raveis.com, which receives over 1 billion hits per year
- Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
- Showcase your home on raveis.com with a larger and more prominent format
- Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology
To learn more about our credentials, visit raveis.com today.
Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 16953
917.838.7300
Melissa.Cohn@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Evelio MirandaInsurance Sales Director, William Raveis Insurance
561.704.7334
Evelio.Miranda@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
1137 N Lake Shore DRIVE, Sarasota, FL, 34231
$8,950,000
Dane Norgart
Sales Associate
William Raveis Real Estate
Phone: 239.595.3106
Dane.Norgart@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
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $7,160,000 | $7,160,000 | $7,160,000 |
| 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 | $3,121 | $3,121 | $3,121 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $48,844 | $47,036 | $63,857 |
| Total Monthly Payment | $52,090 | $50,282 | $67,103 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
FL Mortgage Lender MLD1388