Under contract-accepting backup offers. This exceptional, brand new custom estate home is being offered fully furnished and reveals some of the most commanding views Longboat Key has to offer. Built by Mason Martin Builders, the level of craftsmanship and construction is as unmatched as the beauty of its location. Featuring stylish and inviting living spaces, intricate design touches, and superior construction, this home sets the highest standards for luxury living. Desirably located in historic Longbeach Village, no detail has been overlooked in creating a haven of unparalleled sophistication and comfort. Encompassing 4 bedrooms and 3 ½ bathrooms, this picturesque property offers expansive indoor-outdoor living spaces and breathtaking panoramic views. The home spans three levels, each thoughtfully designed to maximize the unobstructed water views and to bring in an abundance of natural light. Convenience is paramount with an elevator serving all three floors. Outdoor living is highlighted by a sprawling travertine patio, private saltwater pool and spa, covered areas for dining and lounging, and an indoor/outdoor Sonos system, setting the stage for year-round soirees. A custom-built spiral staircase will take you from the third level to the rooftop deck, offering endless panoramic views of Sarasota Bay. The gourmet kitchen is appointed with solid wood cabinetry and fitted with Wolf and SubZero appliances. Quartz countertops and an opulent mix of specially sourced tiling adorn the home and designer roller shades control the natural ambient lighting and offer extra privacy if desired. The epitome of luxury is found in the primary suite featuring expansive glass and boasting impressive full water views from every angle, and an ensuite bathroom showcases a floating double vanity and free-standing soaking tub. Ample storage is provided in the spacious primary walk in closet with built in custom shelving. Built with meticulous attention to design and detail this estate evokes a one of a kind coastal living experience, on the exclusive north end of Longboat Key.
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Our Executive Mortgage Banker:
Our Insurance Division:
$4,950,000
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 | $3,960,000 | $3,960,000 | $3,960,000 |
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 | $1,041 | $1,041 | $1,041 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $26,679 | $25,684 | $35,042 |
Total Monthly Payment | $27,844 | $26,849 | $36,207 |
* 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.