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Viewing by Appointment only.
This is rare opportunity to own a lakefront home in the gated Lake Geraldine Community, on 3 acres with the Myakka State Forest behind for privacy and Wellen Park just over a mile away for shopping, dining and entertainment, including the Atlanta Braves Spring Training Field. Englewood Beach is less than 20 minutes and Venice Beach 30 minutes away. A new tile roof will be completed on 4/21. New landscape on the front and SE side is watered by drip irrigation.
This spacious Mediterranean style luxury home has 3969 SF of conditioned space, high ceilings including vaulted and tray ceilings and crown moldings, wide hallways and porcelain tiles throughout the living areas. Walking in the front door you enter a large foyer with views of the formal dining and formal living rooms and the pool deck to the back yard view. There are 4 Bedrooms, 3 full and 1 half baths, and a 3-car garage. The large Master Suite includes a sitting area and wood floors, the bathroom has porcelain tile, a walk-in shower with bench, jetted soaking tub, separate vanities, and two walk-in closets with wood floors. The bathroom opens through double doors to the 16' x 11. 5' library with built-in shelving and a reading area with large windows, double doors from the foyer and to the adjoining office- with wood floor and built-in desk and cabinetry and a bay window looking out over the 30-acre lake. The Master Suite bedroom has a door to the pool and an entry hall with a door opening to the formal living room with gas fireplace, built-in cabinetry and shelving. A second Master/ Guest Bedroom includes a sitting area, breakfast bar with new refrigerator, and walk-in shower. The additional two bedrooms share a bath. Bedroom 4 has pool access. The laundry room with built in cabinetry and the half bath are next to the garage, .
The dining room has a built-in serving cabinet, adjacent butler's pantry and a wine bar/ cooler, opening to the 18' x 14' family room, with built-in cabinetry for a wide screen TV, and the kitchen. The kitchen includes granite counters, high- end appliances, a breakfast nook, and a pass-through window behind the sink to the patio table area. The built-in family desk is off the kitchen. The rear patio contains a screened-in heated private pool and spa and room for a covered dining table, overlooking the rear yard and State preserve. The pool pump equipment is new, pool has in-floor cleaning system. House water is from a well and new whole- house reverse-osmosis system.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,295,000
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 | $1,036,000 | $1,036,000 | $1,036,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.125% | 6.375% | 6.125% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.399% | 6.475% | 6.309% |
| Monthly Tax Payment | $512 | $512 | $512 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $6,295 | $6,463 | $8,812 |
| Total Monthly Payment | $6,932 | $7,100 | $9,449 |
* 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.