16074 Palmetto STREET, Punta Gorda, FL, 33982 | $1,574,000

Welcome to a Masterpiece of Living at Babcock Ranch, where luxury meets undisturbed tranquility. This custom-designed tin-roofed residence, nestled in the heart of Babcock Ranch, offers a lifestyle with a breathtaking panoramic view of the lake and preserve. Boasting a blend of stunning modern architecture and premier interior design, this 3-bedroom, 3-bath, 3-car garage house is a testament to thoughtful craftsmanship.
As you step inside, you'll be captivated by the architectural detailing, including lofty 12' tray ceilings, solid 8-foot interior doors, and collapsing slider doors from the Living Room to the pool, creating an open, airy atmosphere flooded with natural light. The intentional positioning of the house on a . 54 pie-shaped, cul-de-sac location ensures that no matter the time of day, you'll experience captivating views and Western sunsets reflecting on the lake and preserve.
Immerse yourself in nature as you experience moments with 20" Horned Owls, Egrets, Bald Eagles, fox squirrels, Deer, and osprey fishing in the lake or sitting in the Preserve. The 90% sun protection, double-paned, impact windows throughout the house not only showcase these views, but also reduce the demand on the twin zoned TRANE XR A/C units for individual comfort.
The architecturally "balanced H floor plan" offers an expansive central congregating area and private wings. The North wing houses the Master with dual walk-in closets, a sunroom (or private office), and a master bath with unique features like a cypress ceiling insert. The South Wing features 2 guest bedrooms, 2 baths, a laundry room, and access to a 2-car garage.
Entertain effortlessly in the oversized lanai with a buffed, buff Travertine pool deck, showcasing a stunning freeform design, saltwater (gas heated) pool with a spa and an extended full-moon sun shelf. The lanai features a remote-controlled Storm Smart Electrical sun shield providing the perfect space for relaxation.
Inside, the gourmet kitchen boasts top-of-the-line built-in appliances, gas stove framed by 6' windows, custom landscaping views, and an ample walk-in pantry with custom wood shelving. Long-planked wood-looking flooring ties the entire structure together, creating a seamless flow.
The owners' commitment to this home is evident as they purchased it before choosing their floor plan, and then specifically creating a house exceptionally suited for this property.
This residence is more than just a home; it is a reality in Babcock Ranch, FL. Experience a lifestyle where balance flows effortlessly through every detail.
Welcome to your masterpiece.
This material is based upon information which we consider reliable, but because third parties have supplied it, we cannot represent that it is accurate, or complete and it should not be relied upon as such. It is the responsibility of the buyer's agent and/or their client to verify all fees, potential assessments, measurements and representations. Agent/broker not responsible for errors.

Features

  • Rooms: 6
  • Bedrooms: 3
  • Baths: 3 full
  • Laundry: Inside, Laundry Closet, Laundry Room
  • Style: Contemporary
  • Year Built: 2019
  • Garage: 3-car Garage Door Opener
  • Heating: Electric
  • Cooling: Central Air
  • Approx Sq. Feet: 3,428
  • Acreage: 0.54
  • Est. Taxes: $15,278
  • Lot Desc: Conservation Area, Cul-De-Sac, Oversized Lot, Sidewalk, Street Dead-End
  • View: Garden, Trees/Woods, Water
  • Pool: Gunite, Heated, In Ground, Salt Water, Screen Enclosure
  • Pet Policy: Number Limit
  • Appliances: Dishwasher, Disposal, Dryer, Gas Water Heater, Range, Range Hood, Washer
  • MLS#: C7485750
  • Days on Market: 79 days
  • Website: https://www.raveis.com
    /eprop/C7485750/16074palmettostreet_puntagorda_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 5/16/2024 7:32:11 AM)
Listing courtesy of NV Realty Group, LLC   Phone: 561-951-8820

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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16074 Palmetto STREET, Punta Gorda, FL, 33982

$1,574,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

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 $1,259,200 $1,259,200 $1,259,200
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 $1,273 $1,273 $1,273
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $8,483 $8,167 $11,143
Total Monthly Payment $9,881 $9,565 $12,541

* 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.