The most sought-after floor plan in of one the most sought-after building locations in Watercrest has now hit the market for the first time. This Sanctuary condominium unit in the heart of Lakewood Ranch delivers unobstructed south-facing golf and water views across Lake Uihlein, AND is located next door to the community amenity center with pool, fitness and club room.
The oversized two-car garage opens to a semi-private elevator with secure DIRECT ENTRY into the foyer of this 2, 376 square foot third floor residence revealing a largely open living concept that is light and bright with generously proportioned spaces, two large terraces, and the addition of HURRICANE IMPACT windows and storm shutters.
Tile floors adorn this split plan with an inviting great room engulfed with windows, sliders, and sizable terrace, all open to the dining room with built-in cabinet, and a welcoming kitchen with newer stainless-steel appliances, wood cabinetry, granite counters and pantry.
Behind double doors, the owner’s retreat is just off the main foyer with two customized walk-in closets, direct access to the terrace and a spa-like bath with two separate sink vanities, oversized shower, jetted tub and water closet. On a separate wing, the additional two guest suites each have access to a terrace with preserve views and their own full baths, while one boasts a custom office system with Murphy bed, the other has its own built-in desk.
Other notable features include Trane AC unit, 2023 appliances, tray ceilings, double entry doors, and a spacious laundry room with sink, cabinetry, storage closet, built-in ironing board, and 2023 washer/dryer.
Perfectly attuned to the Lakewood Ranch lifestyle, Watercrest is within walking distance to Main Street for its dining, shopping and community events, yet removed enough to enjoy its lakefront resort amenities in a sublimely serene and private setting.
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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 | $679,200 | $679,200 | $679,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.750% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.799% | 6.876% | 6.850% |
Monthly Tax Payment | $411 | $411 | $411 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,519 | $4,405 | $5,963 |
Total Monthly Payment | $5,022 | $4,908 | $6,466 |
* 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.