**SELLERS WILL CREDIT BUYERS WITH $40K AT CLOSING FOR ANYTHING THEY CHOOSE (UPGRADES/CLOSING COSTS/RATE BUY-DOWN, etc. ). . . . Wowzah** Welcome to an unparalleled oasis of luxury and tranquility, where sophistication meets serenity on 5. 5 acres of pristine land in one of the most exclusive and quiet neighborhoods in desirable Sarasota. Nestled within the woods of Oak Ford, this estate redefines opulent living with an unmatched combination of privacy and natural beauty.
As you approach the entrance, a tree-lined (and circular) driveway leads you to an impressive façade complete with natural coral columns, setting the tone for the elegance that awaits within. Step through the double-glass door entrance and immediately notice the clear, sleek breathtaking view of the pool and wooded backyard that peeks beyond the oversized living and dining area. All of the expansive living spaces are bathed in natural light, seamlessly connecting indoor and outdoor living.
The gourmet kitchen is a masterpiece, featuring top-of-the-line appliances, double pantries, and a massive breakfast bar providing the perfect setting for culinary endeavors and casual dining (either at the bar or dinette space). The kitchen is open to the cozy family room offering the warmth of the gas fireplace (adorned with natural coral). Never miss a moment of the entertainment with this open floor plan.
The formal dining room (and living room) are elegant spaces for hosting gatherings, while the other spacious living areas offer panoramic views of the lush surroundings.
The master suite is a sanctuary of indulgence. As you travel through the French doors down a secluded hallway, you’ll find a spacious bedroom with a private entrance into the backyard oasis, his and hers walk-in closets, and a luxurious en-suite bathroom. The primary bathroom offers a walk-in shower, separate spa-tub and heat lamps! Additional bedrooms, each with a separate bathroom and in their own secluded area of the home, provide comfort and privacy for family and guests.
Step outside to discover a landscaped (and natural) paradise, complete with an enclosed lanai, heated pool, and plenty of room for outdoor dining. The expansive grounds offer endless possibilities or simply an untouched peaceful retreat surrounded by nature.
This estate is not merely a residence; it's a lifestyle. With 5. 5 acres of land, this property offers a rare combination of space and luxury. The quiet neighborhood ensures a peaceful retreat from the hustle and bustle of everyday life while being just moments away from the amenities of the city (including Sarasota nightlife, hot spots, restaurants, shopping, and award-winning beaches)!
Welcome to a life of unparalleled luxury and serenity that defines this extraordinary estate. Bedroom Closet Type: Walk-in Closet (Primary Bedroom).
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,300,000
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 | $1,040,000 | $1,040,000 | $1,040,000 |
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 | $616 | $616 | $616 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $7,095 | $6,832 | $9,275 |
Total Monthly Payment | $7,836 | $7,573 | $10,016 |
* 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.