Discover an epitome of luxury with this breathtaking Colonial Estate, elegantly poised in the heart of Sarasota. Sprawled across 1. 1 acres of meticulously landscaped grounds, this property is an exclusive haven within a private enclave of 13 custom-built residences. Its prime location offers unparalleled convenience, a mere 2 minutes from gourmet dining, 5 minutes from the I-75, and 7 minutes from the serene beaches, ensuring a lifestyle of ease and sophistication.
This architectural marvel has undergone a comprehensive renovation, incorporating state-of-the-art foam insulation, hurricane-proof windows and doors, complete electrical rewiring, plumbing overhaul, and a new roof, blending timeless elegance with modern resilience. The grandeur of the estate is immediately apparent upon entering, with spacious interiors that include an expansive kitchen, a grand family room, formal dining, a stately study, and an impressive 16-foot hallway crowned with a magnificent chandelier.
The residence boasts three full and three half baths, each perfectly complementing the exquisite, low-maintenance pool area, enveloped in breathtaking foliage that promises a private oasis of tranquility. The 900 sqft summer room, featuring a full kitchen and electric screens, is designed for exceptional outdoor entertainment, making every gathering a memorable one.
Attention to detail is evident throughout, with luxurious tray ceilings, elegant wainscoting, and crown molding. The opulent finishes include Carrara marble and premium hardwood floors, seven graceful elliptical arches, custom-built bookcases, and exquisite paneling. The detached three-car garage houses a fully-equipped gym and a splendid 1154 sqft apartment, complete with a home theater, bedroom, walk-in closet, large bathroom, and a custom kitchen, offering a perfect blend of privacy and luxury.
This estate is a dream, equipped with Viking and Thermador appliances, prepared for complete home automation, encompassing whole-house audio and video, security cameras, and LED lighting throughout. The expansive 9000 sqft paved driveway accommodates over 30 vehicles, making it an ideal setting for grand events!
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$2,175,000
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 | $1,740,000 | $1,740,000 | $1,740,000 |
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 | $758 | $758 | $758 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $11,870 | $11,431 | $15,518 |
Total Monthly Payment | $12,753 | $12,314 | $16,401 |
* 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.