1666 Spring Creek DRIVE, Sarasota, FL, 34239 | $1,349,000

Under contract-accepting backup offers. Substantial price adjustment and amazing value for this property located “West of Trail, ” nestled between Siesta Key and Downtown Sarasota! This 1/3-acre lakefront property on quiet Spring Creek Drive offers compound-style privacy while being within golf cart range of Southside Elementary and the boutique dining and shopping of Southside Village. Stepping through the front gate, you are welcomed into a secluded courtyard oasis. The heated salt water pool is complimented by a spacious outdoor lounging and entertaining area with a charming paver path that winds throughout the lush tropical landscaping. Upon entering the residence you are greeted by turquoise hues of the spring-fed lake which illuminates the great room and open dining area. The chef’s kitchen boasts a gas range, stone counters and a comfy breakfast nook for views of the serene lake setting. An array of sliding doors seamlessly extends the entertaining out to the spacious screened patio, for festive gatherings or relaxing nights around the gas fire pit. The primary suite is tucked quietly away from the entertaining areas and features an expansive ensuite and views of the courtyard pool. Three guest bedrooms provide ultimate flexibility for hosting guests or your home office needs. An oversized bonus room with wood burning fireplace is tucked away from the sleeping quarters and provides a fun bar room atmosphere, dedicated media room or the versatility to tailor the floor plan to your future needs. The bonus room currently has an attached full bathroom so could be converted into a spacious in-law suite with exterior access or a second primary suite. A two-car garage completes this offering with ample room for your bikes as Siesta Key beach and Downtown Sarasota are both less than 3 miles away. This spacious 13, 000 sq ft lot in a prime location delivers an unparalleled mix of solitude and convenience, defining the quintessential West of Trail experience. As an added bonus, this property is not in a special flood zone (‘X’); removing flood insurance requirements, FEMA renovation restrictions and providing you with additional peace of mind. Located within the City of Sarasota and with no HOA restrictions the property also has strong rental potential. This is your opportunity to secure West of Trail living, schedule your private showing today!

Features

  • Rooms: 3
  • Bedrooms: 4
  • Baths: 3 full
  • Laundry: Inside, Laundry Closet
  • Year Built: 1962
  • Garage: 2-car
  • Heating: Central
  • Cooling: Central Air
  • Approx Sq. Feet: 2,691
  • Acreage: 0.32
  • Est. Taxes: $12,494
  • Lot Desc: Oversized Lot
  • View: Water
  • Elem. School: Southside Elementary
  • Pool: Heated, Salt Water
  • Appliances: Dishwasher, Dryer, Range, Refrigerator, Washer
  • MLS#: A4597485
  • Days on Market: 81 days
  • Website: https://www.raveis.com
    /eprop/A4597485/1666springcreekdrive_sarasota_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 5/15/2024 1:40:12 AM)
Listing courtesy of RE/MAX ALLIANCE GROUP   Phone: 941-954-5454

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NMLS Mortgage Loan Originator ID 16953

917.838.7300

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1666 Spring Creek DRIVE, Sarasota, FL, 34239

$1,349,000

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 $1,079,200 $1,079,200 $1,079,200
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 $1,041 $1,041 $1,041
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $7,362 $7,090 $9,625
Total Monthly Payment $8,528 $8,256 $10,791

* 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.