17110 Watchtower LANE, Punta Gorda, FL, 33955 | $1,150,000

RECENT PRICE REDUCTION ON THIS EXCEPTIONIAL CUSTOM BUILT HOME BY TOWLES CORP, ONE OF THE PREMIER BUILDERS IN THE AREA. HOME FEATURES MANY UPGRADES AND LAKEFRONT VIEWS FROM 3 SIDES AND COMES MOSTLY FURNISHED (with some excluded items). HOME SITS ON 2-1/2 WATERFRONT LOTS THAT HAS UNSURPASSED VIEWS, WITH APPROX. 344' FRONTAGE ON HERON LAKE. HOME HAS 2 OVERSIZED GARAGES, A 3-CAR ATTACHED GARAGE AND A HUGE 2 CAR DETACHED GARAGE THAT MEASURES (29' X 25'). YOU WILL FALL IN LOVE WITH THE OPENNESS OF THE HOME THAT FEATURES A HUGE LANAI WITH PANORAMIC SCREENS TO TAKE ADVANTAGE OF THE VIEWS. THE SCREENED IN POOL AREA HAS TONS OF ROOM FOR ENTERTAINING. THE SALTWATER POOL FEATURES 2 LAVA BOWLS THAT SPILL OUT INTO THE POOL AND LIGHT UP AT NIGHT WITH AN ORANGE GLOW. This home is a custom-built masterpiece with more than 2700 square feet of living space. The living area has a large open floor plan to include the kitchen with a large aquarium window that looks over the pool, living room, and dining area. Interior of the home features 2 master suites, 3rd bedroom & 3 full baths inside with a split floorplan. The office/den could also be used a 4th bedroom if needed. Entering the home from the foyer you can't help but notice the beautiful chandelier and a tile medallion inset into the porcelain tile floors. The kitchen has high end cabinets with a large center island with gas cooktop, and a very large breakfast bar. The wide-open plan has high ceilings in all the rooms, and tray ceilings in living room, master bedroom and the office. The home also features crown molding thru-out and plenty of area for your entertainment needs. Living room has 8' sliders that open and pocket into the wall for more entertainment area. You live in Florida so open the home up and enjoy the outdoors. There is another half bath in the pool area, so you don't have to run inside when you're enjoying your pool and spa. The saltwater pool and spa are heated so you can enjoy them year-round. Pool has 3 spill overs, the 2-lava bowls, and the spa spill over into the pool for a very relaxing sound and feeling. You can never have enough outdoor space in Florida, but this home will come close. COUPLE OTHER HAVE TO MENTION ITEMS, THERE IS A WHOLE HOUSE GENERATOR WITH A 250 GALLON BURIED PROPANE TANK, AND SOLAR PANELS THAT PRODUCE MOST OF THE ELECTRIC THAT IS NEEDED FOR THE HOME, ALSO A BRAND NEW STONE COATED METAL ROOF. Burnt Store Lakes is quiet neighborhood that is just south of the town of Punta Gorda. The neighborhood has a big community park and a canoe/kayak launch ramp so you can access Charlotte Harbor and Burnt Store Marina. The Marina is a stone's throw away and has 500+ in-water slips, inside and outside stack storage, 2 on-site restaurants 27-hole executive golf course. The historic town of Punta Gorda has many shops and restaurants to enjoy and also has events most every weekend in the winter, from craft and art shows to boat shows and music events. Want more to do, head to Fisherman's Village. Fishville as folks call it also has many restaurants and many more shops. Want to enjoy our SW Florida sunsets, head over to one of several Tiki Bars along the waterfront. What better way to end a day, kicking back with cocktail or glass of wine and enjoy the sunset. "Come for a visit and stay for a lifetime" is my favorite saying. Come and grab your own "Little piece of Paradise" in SW FLORIDA.

Features

  • Rooms: 9
  • Bedrooms: 3
  • Baths: 3 full / 1 half
  • Laundry: Inside, Laundry Room
  • Style: Custom, Florida
  • Year Built: 2016
  • Garage: 5-car Garage Door Opener, Ground Level, Off Street, Oversized, Split Garage
  • Heating: Electric, Propane, Solar
  • Cooling: Central Air
  • Approx Sq. Feet: 2,740
  • Acreage: 0.66
  • Est. Taxes: $8,878
  • HOA Fee: $1,235 Annually
  • Lot Desc: Cleared, Cul-De-Sac, Flood Insurance Required, FloodZone, In County, Landscaped, Level, Near Marina, Oversized Lot, Tip Lot
  • View: Pool, Water
  • Pool: Gunite, Heated, In Ground, Lighting, Salt Water
  • Pet Policy: Cats OK, Dogs OK
  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Range, Refrigerator, Washer, Water Filtration System
  • MLS#: C7489121
  • Days on Market: 56 days
  • Website: https://www.raveis.com
    /eprop/C7489121/17110watchtowerlane_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 6:21:31 AM)
Listing courtesy of POOLE REALTY GROUP, LLC   Phone: 941-763-9381

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17110 Watchtower LANE, Punta Gorda, FL, 33955

$1,150,000

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 $920,000 $920,000 $920,000
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 $740 $740 $740
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $6,198 $5,967 $8,141
Total Monthly Payment $7,063 $6,832 $9,006

* 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.