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Privately positioned at end of a tranquil cul-de-sac in the prestigious gated enclave of University Place, this distinguished estate occupies the largest homesite in the community, offering an uncommon sense of space, privacy and refinement. Designed for elevated Florida living, the residence seamlessly blends architectural sophistication with resort-inspired outdoor luxury. The expansive rear grounds have been masterfully curated to create an extraordinary private retreat. An award-winning pool anchors the setting, enhanced by cascading water features, sculptural fire bowls, a 10-person spa and an elegant fire pit. A fully appointed summer kitchen and additional under-building living area provide exceptional versatility for entertaining and relaxation, day or evening. The interior layout is equally thoughtful, accommodating multigenerational living with a private suite ideal for extended family or guests. A strategically placed bath also serves as a pool bath, reflecting the home’s intuitive design and effortless indoor-outdoor flow. The expansive entertaining kitchen serves as heart of the home, anchored by a generous island and complemented by stainless steel appliances and an abundance of finely crafted wood cabinetry, designed to balance everyday functionality with effortless elegance. The primary suite is a private sanctuary, offering direct access to the pool terrace, bespoke dual built-in closets and a spa-inspired atmosphere designed for rest, comfort and quiet luxury. Residents of University Place enjoy access to two exclusive recreation centers featuring resort-style pools, fitness facilities, outdoor kitchens with natural gas grills and scenic walking trails winding around serene, fountain-lit lakes. The community’s Charleston-inspired streetlamps and flowering baskets contribute to its timeless charm and impeccable presentation. Ideally in the heart of the Sarasota–Bradenton corridor, the home offers immediate access to the UTC lifestyle premier shopping, fine dining, cultural attractions and Benderson Park, along with proximity to Interstate 75, downtown Sarasota and Bradenton, and world-renowned beaches of Siesta Key and Longboat Key. Golf, tennis and pickleball are moments away. A rare offering in one of the region’s sought-after gated communities, this exceptional residence represents the pinnacle of Florida living where privacy, elegance and location converge.
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.
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Our Executive Mortgage Banker:
Our Insurance Division:
$800,000
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 | $640,000 | $640,000 | $640,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 5.990% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.209% | 6.168% | 5.609% |
| Monthly Tax Payment | $751 | $751 | $751 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,634 | $3,833 | $5,187 |
| Total Monthly Payment | $4,476 | $4,675 | $6,029 |
* 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.