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One or more photo(s) has been virtually staged. Welcome to Silver Oak Estates, an exclusive, gated enclave nestled within Palmer Ranch. This custom-built John Cannon residence offers refined luxury, timeless design, and serene natural beauty, all situated on one of the community’s most coveted lakefront lots. Boasting 4 spacious bedrooms, a private office and a versatile bonus/game room, this thoughtfully designed home provides exceptional living space for both everyday comfort and entertaining. As you enter the grand foyer, you’ll be greeted by tall ceilings, intricate crown moldings and custom millwork, a hallmark of the quality craftsmanship that defines John Cannon Homes. The living room features sliding glass doors that seamlessly open to a screened salt water pool and expansive lanai offering unobstructed views of the shimmering lake and lush preserve. A formal dining room sits opposite the well appointed kitchen designed for the culinary enthusiast with granite countertops, stainless steel gas range, refrigerator and an oversized breakfast bar. A custom walk in wine room with built-in bottle storage is ideal for wine collectors. Beyond the kitchen is the family room surrounded by sliding glass doors illuminating the room with natural light. The primary suite offers tranquil lake and preserve views, direct access to the lanai and pool. Work from home in a richly appointed office with hardwood floors, custom built-ins, and captivating lake views. Head upstairs to enjoy the bonus room fully equipped with a wet bar, mini-fridge, pool table, full bathroom and an oversized balcony overlooking the lake and preserve! Located just minutes from the gorgeous beaches on Siesta Key and Casey Key, downtown Venice, top-ranked schools including the highly acclaimed Pine View School, world-class golf, Costco, Potter Park YMCA, The Legacy Trail plus convenient I-75 access, this residence offers an unparalleled lifestyle in one of Sarasota’s finest communities!
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.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$1,239,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $991,200 | $991,200 | $991,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.750% | 6.125% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.477% | 6.223% | 6.078% |
| Monthly Tax Payment | $736 | $736 | $736 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $5,784 | $6,023 | $8,298 |
| Total Monthly Payment | $6,645 | $6,884 | $9,159 |
* 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.