Under contract-accepting backup offers. Welcome to your new lakeside paradise nestled in the Longwood Villas community, where luxury meets natural beauty in Sarasota County. This meticulously maintained and completely updated home offers a picturesque setting, boasting manicured landscaping and the majestic embrace of towering pines. Bask in the warmth of sunlight pouring through the hurricane-rated windows, illuminating the open living spaces and inviting you to indulge in the breathtaking views of the largest natural lake in the County. Create the ultimate entertainment experience within the tastefully adorned open kitchen with cherry wood cabinets, sleek quartzite countertops and state-of-the-art stainless steel appliances. Whether it's a casual breakfast in the kitchen or a grand holiday feast in the dining area, your guests will be captivated not only by the premium finishes but also by the outdoor vistas of the serene lake and its abundant wildlife, including the graceful rosette spoonbill, cranes, osprey and even the regal bald eagle. Unwind in the comfort of the living room or dining area, basking in the inviting glow of the double-sided see-through fireplace. Escape into your private retreat on the lanai, where you can immerse yourself in a good book while relishing the tranquility that envelops you. Retreat to the opulent primary bedroom, complemented by a spa-like en-suite bath, complete with dual sinks, a luxurious soaking tub and a separate shower, providing the ultimate relaxation experience. Enjoy a third bedroom or elevate your work-from-home experience in the private office. Experience the timeless elegance of plantation shutters that adorn this immaculate home, adding a touch of sophistication and charm. Longwood Villas presents an unparalleled lifestyle, offering nearly maintenance-free living, where the association takes care of exterior maintenance, including the roof and building insurance. With its convenient location just moments from the UTC Mall, Benderson Park, Detwiler’s Market and Jessica's Organic Farmstand, this home is situated to enjoy the best of Sarasota, including the nearby SRQ Airport, downtown Sarasota's cultural offerings, and the world-renowned beaches that have made Sarasota a desired destination. Don't miss the opportunity to make this breathtaking lakeside retreat your own. For a list of improvements, please see attachments.
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Our Executive Mortgage Banker:
Our Insurance Division:
$575,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $460,000 | $460,000 | $460,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.945% | 7.133% | 6.256% |
Monthly Tax Payment | $257 | $257 | $257 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,138 | $3,057 | $3,879 |
Total Monthly Payment | $3,487 | $3,406 | $4,228 |
* 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.