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One or more photo(s) has been virtually staged. Highly desirable and rarely available. Be the first to enjoy this FULLY REMODELED and updated high and dry five-acre, four-bedroom, four-full-bath home. Rainbow Ranches is the perfect neighborhood if you are looking to enjoy daily visits from the resident wildlife. Enjoy a quiet cup of coffee while you watch deer, wild turkey, crested caracara, numerous hawk species and endless others as you stroll through or hang out in your own piece of heaven. Invite all your friends and enjoy a huge fire pit as you gaze up at the endless star-filled night sky, free from the city lights. The property also features a full 50-amp RV hookup with its own separate septic. A large concrete pad is in place, easily expanding this area into your dream RV location, workshop/garage, additional house/apartment or barn. The opportunities are endless. Recent updates include new PGT hurricane windows and sliders, all new interior and exterior doors, new AC units (2021/2024), a new roof, new vinyl siding, an updated kitchen, new flooring, updated baths, a full-house replumb, full electric upgrade, dual primary bedrooms, both with beautiful walk-in showers and frameless glass, new gutters facia and soffit, new interior paint, brand new well pump and the list goes on. This highly sought-after location in a friendly and quiet neighborhood has much to be desired. Bring your horses, cows, donkeys, bee farms or whatever your heart desires while still being close to all that Sarasota and Lakewood Ranch have to offer. Schedule your private showing today. You will be glad you did! This home does qualify for USDA financing!
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Our Executive Mortgage Banker:
Our Insurance Division:
$899,000
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 | $719,200 | $719,200 | $719,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.750% | 6.000% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.251% | 6.110% | 6.097% |
| Monthly Tax Payment | $275 | $275 | $275 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $4,197 | $4,312 | $6,021 |
| Total Monthly Payment | $4,564 | $4,679 | $6,388 |
* 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.