LOWER PRICE offers greater value on this unique homestead! Nestled within the acreage of Oak Ford, where majestic oaks grace every pathway, sits a magnificent property. The home is an entertainer's dream! The welcoming entranceway opens to a stupendous great room with 12ft ceilings and expansive windows providing a panoramic view of the lush gardens. To the left of the conversation area is the doorway to the fully equipped kitchen, adjacent to the family room. The kitchen boasts solid wood cabinetry with soft close drawers, granite countertops with breakfast bar seating, stainless appliances and a brand new cooktop. The focal point of the family room is a sunburst tile, wood-burning fireplace, warming dining table seating for eight and casual sofa seating for playing board games or watching TV. Should you step to the right when traversing the great room, you find the primary bedroom, two oversized guest rooms, plus a dedicated home office/den.
The horseshoe configuration of the house offers wonderful views of the pool area, accessible through multiple sliders in the family room, great room and primary bedroom. The screen-enclosed outdoor space allows for covered seating as well as full sun spots, whichever you and your guests would prefer. Beyond the lanai is a fenced yard perfect for pets. Pass through the gate, cross the grassy expanse to boat and fish on the pond that forms the border of the property! To the right is a second, smaller pond that is deeded to this parcel.
This home has been lovingly maintained and enjoyed to the fullest, hosting numerous weddings, picnics and parties. Pocket doors provide privacy for sleeping areas should someone prefer to retire early. A sprinkler system keeps the greenery fresh and vendors are in place to professionally maintain the pool and yard. Uniform tile flooring throughout lends to the continuity of the 3676 sq. ft. of air-conditioned space.
The property itself sits in Oak Ford Phase 1, zoned OUE (open use estate). You have the potential to add to your paradise! Build a barn to house animals or an expansive garage for your car collection. The Oak Ford Homeowners Association is a nominal expense but does a phenomenal job of maintaining the common areas and roadways. The home utilizes well and septic, so NO water bill!
This slice of country living provides all the advantages of owning acreage while still garnering all that Sarasota County has to offer: A rated schools; world-renowned beaches; fine dining and a full calendar of cultural events. Enjoy it ALL, then escape back to the serenity and peace that only Mother Nature can provide!
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Our Executive Mortgage Banker:
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$1,325,000
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 | $1,060,000 | $1,060,000 | $1,060,000 |
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 | $459 | $459 | $459 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $7,231 | $6,963 | $9,454 |
Total Monthly Payment | $7,815 | $7,547 | $10,038 |
* 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.