Offered on the market only once in the last three decades and branded as one of the area’s more significant homes with hints of “Palm Beach-ness”, this residence exudes structural fortitude and timeless stature. With an evident nod to the less formal, more modern feel the home is upgraded and renovated. While quietly boasting 3000+ square feet of artfully planned perfection, the home lives perfectly for one resident or even two, whilst equally as comfortable for a family. Elevated designer appointed features do not lean stuffy, yet to the eclectic contrary. The home is interesting and exudes warm invitation. MAIN FLOOR: A proper PRIMARY SUITE with abundant wardrobe space (12 doors; custom built-in) and an impressive spa-like bath with dedicated, functional double vanities, private water closet, and sizable all-marble shower. There are TWO LIVING AREAS - ONE a library/den/optional fifth bedroom delightfully perched on the east side of the home with airy exceedingly high ceilings and direct views to the water. The adjacent SECOND LIVING AREA - also with high ceilings - might be considered a traditional LIVING ROOM. Sizable and also with water views from every angle, this room features a ceiling-high white stone fireplace with fireside bench seating. The DINING ROOM, with water views and a high, coffered ceiling, is the introduction and neighbors the GOURMET KITCHEN with Butler’s Pantry and every bell-and-whistle the novice or accomplished chef could wish for! Two Sub Zeros - one main with another nearby dedicated for beverages; enormous gas (propane) Wolf double-oven with 6-burner stovetop with griddle and grille; warming drawer, Bosch dishwasher; Wolf microwave; significant center island with two-ended trash/recycling bins. Convenient to the kitchen is the laundry room, a generous three-car garage with adjacent storage room, and a delightful cabana bath. Access from four rooms is an inviting and very comfortable LANAI complete with a summer kitchen. The LARGE OBLONG POOL (heated) is glistening blue. The new concrete dock with its 10K lift (2023) is easily accessed from the newly-fenced (2024) back and side yards, and is viewed completely from the upstairs balcony that expands nearly the entire length of the rear of the home. UPSTAIRS: Off the light-filled foyer, there are two rooms with closets and a dedicated bathroom suitable as bedrooms and/or home offices, BOTH with direct French Door access to the expansive rear balcony. A SECOND PRIMARY BEDROOM SUITE is accessed thru double doors via the foyer. It has massive windows and French Doors with a private, front-of-property loggia-style balcony with fans and its own dedicated storage room - think the perfect out-of-sight room for outdoors cushions and other equipment. If a second primary is not required, this room would pleasing serve as a gym, upstairs living room or even a home theater or billiards room. The skylit SECOND PRIMARY BATH is like no other, with interesting marble work, large jetted tub and celestial, artist-created images on the walls and ceiling. Every corner of the home is freshly painted and designer finished, and the roof is new (2024). Likened to structures in Santa Barbara with romantic tones of Spanish revival architecture, this residence is available for the most discerning buyer to acquire at an under-market price
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:
$1,298,000
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 | $1,038,400 | $1,038,400 | $1,038,400 |
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 | $1,335 | $1,335 | $1,335 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $6,996 | $6,735 | $9,189 |
Total Monthly Payment | $8,456 | $8,195 | $10,649 |
* 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.