Outstanding opportunity in the Harbor Acres Estate Section, one of the most coveted neighborhoods in Sarasota. Situated on a Sprawling . 69-acre lot with 105 feet of waterfront on the bay, this home is set back from the street and surrounded by mature tropical landscaping, providing ample privacy and a serene setting. Accessed through a private gated driveway, the property welcomes you with a paver driveway and motor court plus a 3-car-side entry garage. Renovated in 2015, the 4982 square foot space includes the main house with 4 bedrooms and 3. 5 bathrooms and a separate guest suite with an oversized bedroom, bathroom, living room and a private entry. Additionally, there is a guest suite with an oversized bedroom, bathroom, living room and a private entry. Upon entering the front door, you are greeted with water views through the walls of windows, natural light floods the main living space with vaulted ceilings and skylights. The kitchen features a natural gas Wolf range, an Italian marble Island with seating, custom cabinetry, and a large hidden pantry. Other notable details include the Mahogany hardwood floors throughout, the open layout with a split bedroom floor plan, and an aquarium glass dining room with tongue and groove ceilings. The generously sized owner's suite has beautiful views of the water and private access to the backyard. The outdoor living space is thoughtfully designed with Brazilian IPE tile decking surrounding the pool and spa, providing ample room for entertaining. Stroll down Hillview Drive three blocks to the shops and restaurants of Southside Village or take an easy drive to the downtown Sarasota Bayfront and the world-class beaches of Lido and Siesta Key.
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Our Executive Mortgage Banker:
Our Insurance Division:
$6,500,000
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 | $5,200,000 | $5,200,000 | $5,200,000 |
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 | $3,147 | $3,147 | $3,147 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $35,473 | $34,160 | $46,376 |
Total Monthly Payment | $38,745 | $37,432 | $49,648 |
* 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.