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One or more photo(s) has been virtually staged. A private lakefront retreat nestled on 1. 8 acres right in the heart of Sarasota! This serene sanctuary provides the perfect blend of seclusion and accessibility, inviting you to escape the hustle and bustle while being close to all the amenities you need. Located west of I-75, near Cattleman Road, this property has 4-5 bedrooms, a den/study, 3 bathrooms, and a detached, climate-controlled 1500 square foot garage that accommodates 4-5 cars, offering endless possibilities. The hobbyist will find it a versatile workshop, while the visionary can adapt it to meet their needs, enhancing its potential and value. The main house has a wraparound porch surrounding the first floor, featuring three French doors blending the indoor and outdoor spaces. A great room combines living and dining areas and boasts clerestory and twin picture windows, two-story ceilings, and a wood-burning fireplace. The kitchen is fully equipped with nearly new stainless-steel appliances from GE. It has ample cabinetry designed in a farmhouse style, complete with stained glass accents. Additionally, there is a built-in pantry and under-stairs storage for even more convenience. A center island on tiled flooring includes a breakfast bar and extra cabinets for added organization. A separate den/study has double pocket door privacy, window bench seating, and direct access to one of two primary bedrooms. This first-floor suite overlooks the lake and has a built-in closet. This wing also includes a flex room that could be converted into a beautiful walk-in dressing closet (refer to the virtually staged photo). The updated bath has room for an enlarged vanity to accommodate double sinks. This area could be transformed into the ideal first-floor Owner’s suite by integrating these rooms with continuity. A landing on the second floor leads to the bonus room, which overlooks the main living area. The primary suite on this floor has been upgraded and features a balcony and a walk-in closet. A stylish barn door separates the en suite bathroom, which includes a free-standing vanity, dual sinks, and a spacious walk-in shower with a glass door. Upstairs is an updated bathroom and two additional bedrooms, each featuring a walk-in closet, a laundry room, and French doors to a balcony. Step onto one of the two decks to experience stunning sunrises over the lake. The lower deck has just been reinforced and refurbished. The house is said to contain a 3-foot concrete block wall and concrete pads supporting steel floors and beams, originally built to accommodate these beams for added structural support. Surrounded by stately oaks on an expansive piece of land, this remarkable home offers plenty of room for outdoor activities and the possibility of adding a pool without any deed restrictions. So, bring your boat and RV! The location is near Detweiler’s Farm Market, UTC shopping, and various dining destinations. It is also close to several county parks, including the Celery Fields, which borders Ackerman Park. This 360+ acre area is well known to locals for its diverse wildlife and wetlands, providing opportunities for nature watching and exploration. Visitors can enjoy activities such as walking along two boardwalks, fishing, and kayaking.
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Our Executive Mortgage Banker:
Our Insurance Division:
$775,000
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
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $620,000 | $620,000 | $620,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.375% | 6.125% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.161% | 6.292% | 5.609% |
| Monthly Tax Payment | $694 | $694 | $694 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,472 | $3,767 | $5,025 |
| Total Monthly Payment | $4,258 | $4,553 | $5,811 |
* 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.