5828 Palmer Ranch PARKWAY, Sarasota, FL, 34238 | $1,425,000

Under contract-accepting backup offers. This home offers the complete package in Palmer Ranch! NO CDD FEE AND 6 Mi to Siesta Key beach. One of the best lots in Arbor Lakes. A private lake view w/ preserves behind large lake, saltwater pool w/extended covered lanai & spa. Clean & well-maintained 4087 total interior sq. ft, 4 bedrooms, 3. 5 baths, downstairs office, large loft w/wet bar perfect for game room, separate media room, 3-car garage. High-quality fixtures, finishes & upgrades throughout. Repainted exterior & interior in 2022. Serene waterfront living so you can enjoy watching turtles, birds, fish and wildlife. Entire first floor features upgraded engineered wood flooring for seamless flow though out. A huge gourmet kitchen features soft-close doors and drawers & massive Cambria quartz island (comfortably seats four people), stainless steel appliances, Bosch dishwasher, gas range, double ovens, exquisite hardwood cabinetry, & roomy breakfast area w/ scenic views of the lake & preserve. Adjacent to the kitchen is the butler's pantry and walk-in pantry with custom shelving. Whole-house Kinetico water softener, with additional reverse osmosis water station in kitchen. High-end lighting fixtures & Minka ceiling fans in featured rooms. The downstairs features a large primary bedroom with large walk-in custom closet, large ensuite bathroom w/ shower. Remodeled: Cambria quartz countertops, Kohler faucet fixtures, lighting. Newer Toto toilets for easier maintenance. Home has northwest rear exposure, so enjoy breathtaking sunsets while lounging on the pool’s sun shelf, without direct west exposure sun. So many lanai upgrades: Large saltwater pool w/Pebbletech pool finish, in-floor cleaning system, 3 waterfalls, designer artistic pavers are cooler to feet, and "clear view" pool enclosure showcases breathtaking water views. A new remote-controlled variable speed pump makes changing in-floor cleaning to waterfalls convenient. A relaxing Hotsprings therapeutic spa awaits after a long day. Natural gas outdoor kitchen and beverage fridge with travertine top. The lanai is piped for gas for a fire table; NO need to refill a portable propane tank! New Hurricane windscreen for lanai to protect all your patio furniture, storm shutter panels for rest of home. Upgraded wrought-iron staircase to 2nd level, a huge loft with wet bar is a perfect playroom/game room. New carpet on stairwell and upstairs bedroom. Upstairs features separate media room to enjoy movies and entertain. The 2nd level comprises 3 bedrooms, 2 full baths, with one featuring an ensuite bathroom and huge custom closet system! A true 3-car garage with 6 large ceiling-mounted storage racks for extra storage. The garage features a polyaspartic floor (stronger & more durable compared to epoxy garage floors), insulated doors. Generator port/transfer switch for easy house power using portable generator. Covered front porch & walkway, custom landscaping, inside wall pest control. Arbor Lakes is just 6. 4 miles to Siesta Key Beach in highly-rated Ashton Elementary, Sarasota Middle, Riverview High school districts. Reasonable HOA fee, & NO CDD FEE! (all great for resale value!) Conveniently located near downtown, shopping centers, restaurants. Arbor Lakes offers great amenities without being over done to drive up HOA fees. Resort-style heated pool, spa, covered pavilion, playground, splash park, basketball court, sand volleyball, a private dog park, designated fishing areas, and a gas fire pit. Watch 3D Tour & cinematic video.

Features

  • Amenities: Basketball Court, Playground, Pool
  • Rooms: 11
  • Bedrooms: 4
  • Baths: 3 full / 1 half
  • Lot Size: 68 x 137
  • Laundry: Laundry Room
  • Style: Craftsman, Traditional
  • Year Built: 2015
  • Garage: 3-car Garage Door Opener, Oversized
  • Heating: Electric, Heat Pump
  • Cooling: Central Air
  • Approx Sq. Feet: 4,087
  • Acreage: 0.21
  • Lot Size: 68 x 137
  • Est. Taxes: $6,480
  • HOA Fee: $548 Quarterly
  • Lot Desc: Landscaped, Level, Private, Sidewalk
  • View: Trees/Woods, Water
  • Elem. School: Ashton Elementary
  • Middle School: Sarasota Middle
  • High School: Riverview High
  • Pool: Gunite, In Ground, Lighting, Salt Water, Screen Enclosure, Self Cleaning
  • Pet Policy: Breed Restrictions
  • Appliances: Built-In Oven, Cooktop, Dishwasher, Disposal, Exhaust Fan, Gas Water Heater, Kitchen Reverse Osmosis System, Microwave, Range Hood, Refrigerator, Water Filtration System, Water Softener
  • MLS#: A4602183
  • Days on Market: 26 days
  • Website: https://www.raveis.com
    /eprop/A4602183/5828palmerranchparkway_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 5/14/2024 11:32:08 PM)
Listing courtesy of BRIGHT REALTY   Phone: 941-552-6036

William Raveis Family of Services

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.

Customer Service

888.699.8876

Contact@raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

  • Market your home to realize a quick sale at the best possible price
  • Place up to 20+ photos of your home on our website, raveis.com, which receives over 1 billion hits per year
  • Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
  • Showcase your home on raveis.com with a larger and more prominent format
  • Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology

To learn more about our credentials, visit raveis.com today.

Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Evelio MirandaInsurance Sales Director, William Raveis Insurance

561.704.7334

Evelio.Miranda@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

5828 Palmer Ranch PARKWAY, Sarasota, FL, 34238

$1,425,000

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 $1,140,000 $1,140,000 $1,140,000
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 $540 $540 $540
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $7,777 $7,489 $10,167
Total Monthly Payment $8,442 $8,154 $10,832

* 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.