1312 IVORY TUSK CIRCLE, Sarasota, FL, 34240 | $1,949,900

Under Construction. Pre-Construction. To be built. This sought after Camber plan in Shellstone defines an open concept with and incredible under roof outside entertaining area. This home is new construction and is estimated to be complete January of 2026. This unique property is located on the peninsula overlooking Lake Merganser. The home features custom cabinets, upgraded quartz countertops throughout and upgraded luxury vinyl and tile throughout the home. This floorplan is available to see as a furnished model in Shellstone, so you can get a feel for the layout while it is being built. You will not be disappointed in the upgrades and the overall quality of a Homes by Towne build. Community amenities include The Summit at Shellstone Amenity Center with a Social Hall, Fitness Center, Pool and Spa, Firepit, Poolside Cabanas, Poolside BBQ Grills, and Fitness Lawn. Residents also have access to Midway Park featuring a Pro Shop, Screened Pavilion, Play Areas, Dog Parks, Basketball Court, 8 Pickleball Courts, 6 Tennis Courts, Kayak Launch, Outdoor Fitness Area, and Shaded Picnic Areas. Shellstone offers convenient access to Downtown Waterside Place, Gulf Coast beaches, world-class dining and shopping, several hospitals, and is located within the Sarasota School System. Sarasota International Airport is approximately 25 minutes away, and Tampa International Airport is approximately 70 minutes away.

Features

  • Amenities: Clubhouse, Fence Restrictions, Fitness Center, Park, Pickleball Court(s), Playground, Pool, Spa/Hot Tub, Tennis Court(s), Trail(s)
  • Rooms: 8
  • Bedrooms: 3
  • Baths: 3 full
  • Laundry: Gas Dryer Hookup, Laundry Room, Washer Hookup
  • Style: Coastal
  • Year Built: 2026
  • Garage: 3-car
  • Heating: Electric, Heat Pump
  • Cooling: Central Air
  • Approx Sq. Feet: 2,812
  • Acreage: 0.29
  • Est. Taxes: $10,037
  • HOA Fee: $396 Monthly
  • Lot Desc: Landscaped, Sidewalk
  • View: Water
  • Elem. School: Tatum Ridge Elementary
  • Middle School: McIntosh Middle
  • High School: Booker High
  • Pool: Heated, In Ground, Salt Water, Screen Enclosure, Tile
  • Pet Policy: Breed Restrictions, Cats OK, Dogs OK
  • Appliances: Built-In Oven, Disposal, Microwave, Range, Range Hood, Refrigerator, Tankless Water Heater, Wine Refrigerator
  • MLS#: A4675189
  • Days on Market: 14 days
  • Website: https://www.raveis.com
    /eprop/A4675189/1312ivorytuskcircle_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 1/11/2026 1:35:20 PM)
Listing courtesy of HOMES BY TOWNE REALTY INC   Phone: 941-907-9799

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

Our Executive Mortgage Banker:

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Our Insurance Division:

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1312 IVORY TUSK CIRCLE, Sarasota, FL, 34240

$1,949,900

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

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 $1,559,920 $1,559,920 $1,559,920
Term 360 months 360 months 180 months
Initial Interest Rate** 5.500% 6.000% 5.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.241% 6.110% 5.972%
Monthly Tax Payment $836 $836 $836
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $8,857 $9,353 $12,954
Total Monthly Payment $9,818 $10,314 $13,915

* 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.