Poised on the pristine waters of Sarasota Bay, this luxurious palatial bayfront estate boasts breathtaking panoramic views and a spectacular waterfront lifestyle. Indulge in a life of unrivaled grandeur in this gated architectural wonder nestled within the sanctuary of Harbor Acres. Extensively reimagined in 2017, the home epitomizes opulence with modern upgrades and refined finishes, creating an exceptional living experience. Impeccable taste and attention to detail define this 6, 000+ sf residence across three magnificent levels. Upon entering, you’ll marvel at the elegant staircase, purposeful built-ins, and high-end finishes that adorn every corner. Travertine flooring graces the main living areas, exuding sophistication while the gorgeous stone fireplace in the great room provides a welcoming ambiance. Expansive picture windows throughout the home showcase mesmerizing vistas of the bay, inviting you to connect with the awe-inspiring natural beauty that surrounds you.
Indoor-outdoor living takes center stage, with expansive sliders that seamlessly disappear, taking you to the water's edge. The dream kitchen features custom cabinetry, Cambria quartz counters, and top-of-the-line appliances including a Sub-Zero refrigerator, Wolf range, and U-Line wine fridge. The elegance continues into the baths with marble and quartz countertops, a Victoria & Albert bathtub, and custom cabinetry, all carefully curated for a serene, spa-like retreat. Noteworthy features such as a Sonos sound system, whole-house water filtration, elevator to all three living levels, and security system, coupled with fine art lighting and a fully equipped bar, elevate the home’s allure. Outdoors, your tropical paradise awaits. Meticulously designed and surrounded by lush landscaping, this private oasis includes a sun-drenched pool deck with a sparkling heated saltwater pool and spa, a cabana-style lounge area perfect for relaxing or entertaining guests, and your very own putting green for perfecting your game. A dock with boat lifts provides ample space for multiple watercraft, inviting exploration of the turquoise blue waters of the bay and Gulf, and multi-level terraces allow you to savor breathtaking panoramic water views.
This home caters to your every need and desire, offering a fully-equipped office, a media room for entertainment, a second master bedroom for guests, and two additional guest suites designed for resort-style relaxation. The main-level master suite is a haven of tranquility, boasting a spa-like bath clad in luxurious marble and a serene reading nook perfect for quiet reflection. Hurricane-grade windows and doors provide peace of mind, while a whole-house Kohler 20kw natural gas generator with load shedding ensures uninterrupted comfort. Harbor Acres is ideally located in proximity to St. Armands Circle, Southside Village, and downtown Sarasota for a seamless blend of coastal living and cosmopolitan amenities. You are moments away from beaches, shopping, fine dining, and a vibrant city life. Every corner of this waterfront oasis is designed for relaxation, entertainment, and creating unforgettable memories. Don’t miss the opportunity to make it yours.
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Our Executive Mortgage Banker:
Our Insurance Division:
$12,400,000
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 | $9,920,000 | $9,920,000 | $9,920,000 |
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 | $4,715 | $4,715 | $4,715 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $67,672 | $65,167 | $88,472 |
Total Monthly Payment | $72,511 | $70,006 | $93,311 |
* 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.