7590 Preservation DRIVE, Sarasota, FL, 34241 | $1,975,000

Luxurious custom home situated on over ¾ of an acre with a scenic lake view in the Preserve at Heron Lake. This gated community of 32 homes with spacious lot sizes allows for privacy plus there is NO CDD Fee and flood insurance is NOT required. Convenient location within an easy drive to #1 Siesta Key Beach, golf courses, shopping, dining, Twin Lakes Sports Complex and I-75. Districted schools are nearby and are highly rated: Lakeview Elementary, Sarasota Middle, Riverview High School. This home is beautifully designed and perfectly positioned to capture the glistening long water and nature view. Built by award winning Arthur Rutenberg Homes, featuring: 4 Bedrooms, 4 Full Bathrooms, Den/Home Office, Living Room, Leisure Room, Bonus Room, Formal Dining Room, Casual Dining Area, Wet-Bar, 3 Car Garage, Outdoor Kitchen and Swimming Pool. From the moment you enter, you will take notice of the fine craftsmanship, authentic architectural detailing, and an open floor plan with timeless elegance. Highlights include impressive ceiling detail, high ceilings, custom lighting throughout, generously sized rooms, neutral flooring, plenty of storage, custom millwork and large windows and sliders to capture the view. The chef’s kitchen in the heart of the home has a beautiful view and is outfitted with custom cherry wood cabinets, granite counters, stainless steel appliances, upgraded Fulgor cooktop with natural gas, large island, wet-bar area, walk-in pantry, and a casual dining area. The floorplan is perfectly balanced for entertaining and enjoying the Florida lifestyle with both the leisure and bonus room opening to the expansive outdoor living area. The primary suite has a scenic water view, very large custom walk-in closet and spa-like bath. Guest bedrooms are in a separate wing of the home for the utmost privacy. The lanai features a heated saltwater lap pool with swim jets, a sauna, a firepit and an outdoor kitchen. The southern exposure for your pool allows for plenty of sunshine throughout the day. Plus, there are solar panels for pool heating in addition to the Pentair gas heater (gas heater new in 2022). This home is equipped with 2 instant gas water heaters (replaced in 2021 and 2023), newer HVAC (2019), newer exterior paint (2019), water softener (new in 2024), reverse osmosis system (new in 2024), whole house generator (new in 2022) and newer landscaping (2023 & 2024). All windows have interior 3M coating for UV & sound reduction.

Features

  • Amenities: Gated
  • Rooms: 13
  • Bedrooms: 4
  • Baths: 4 full
  • Laundry: Laundry Room
  • Style: Custom
  • Year Built: 2007
  • Garage: 3-car
  • Heating: Central, Electric, Natural Gas
  • Cooling: Central Air
  • Approx Sq. Feet: 4,260
  • Acreage: 0.86
  • Est. Taxes: $16,167
  • HOA Fee: $1,043 Quarterly
  • View: Water
  • Elem. School: Lakeview Elementary
  • Middle School: Sarasota Middle
  • High School: Riverview High
  • Pool: Heated, In Ground, Lap, Screen Enclosure
  • Pet Policy: Cats OK, Dogs OK, Number Limit
  • Appliances: Built-In Oven, Cooktop, Dishwasher, Disposal, Dryer, Exhaust Fan, Gas Water Heater, Microwave, Refrigerator, Washer, Water Filtration System, Water Softener
  • MLS#: A4602993
  • Days on Market: 34 days
  • Website: https://www.raveis.com
    /eprop/A4602993/7590preservationdrive_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 2:42:00 AM)

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.

Matthew HydeSales Associate

203.520.7285

Matthew.Hyde@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.

Jorge L RiveraVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 12303

203.913.1633

Jorge.Rivera@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

Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance

860.690.5052

Robert.Reade@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

7590 Preservation DRIVE, Sarasota, FL, 34241

$1,975,000

Matthew Hyde

Sales Associate

William Raveis Real Estate

Phone: 203.520.7285

Matthew.Hyde@raveis.com

Jorge L Rivera

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 203.913.1633

Jorge.Rivera@Raveis.com

NMLS Mortgage Loan Originator ID 12303

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $1,580,000 $1,580,000 $1,580,000
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% 6.977% 7.041%
Monthly Tax Payment $1,347 $1,347 $1,347
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $10,778 $10,379 $14,091
Total Monthly Payment $12,250 $11,851 $15,563

* 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.