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A Very Special Home with Full Renovation
An elegant path leads to the charming front porch of this beautifully renovated family home, positioned on a large corner lot amid a peaceful and lush setting in the highly desirable Lakes Estates neighborhood of Sarasota. Built by Lee Wetherington and fully renovated, this one-story open-floor plan creates an ideal balance of private and gathering spaces, with three large bedrooms, an additional fourth bedroom/office, two full baths, one half bath, formal dining and vaulted living rooms with a lovely newly updated electric fireplace and mantle. Interior and exterior painting were included in the renovation.
A neutral beachy/ocean color palette and volume ceilings create a feeling of openness, with new ceramic tile flooring throughout the home. Four sets of floor to ceiling sliding patio doors bring an abundance of light into the home. The newly renovated open kitchen is complete with stylish cabinetry and mother-of-pearl cabinet handles. Updates include a huge nine-by-five island, new natural stone counters, decorative tile backsplashes, and new stainless-steel appliances. The kitchen also boasts a large bar area with decorative upper and lower cabinets and a stainless-steel wine refrigerator. All bathrooms, laundry room, and kitchen include neutral matching natural stone countertops and new cabinetry.
Decorative steel plantation shutters were added to the living room, bedrooms, laundry room, and primary bathroom. New light fixtures, chandeliers, and fans were replaced throughout the interior and exterior of the home. Step outside and you will find an oversized screened lanai and private pool, all enveloped by lush Floridian foliage. Complete repainting of the interior and exterior of the home was completed. A new pool deck and a saline system, pool pump, and pool heater were included in the recent renovation.
A two-car, side-entry garage with new epoxy floor coating and extra storage space completes the picture of relaxed living. Extensive landscaping was included in the renovation of this home. The Lakes Estates is a highly desirable Sarasota community with a low monthly HOA fee, offering canopied sidewalks and rich landscaping. Residents enjoy a lakeside pool, fitness center, clubhouse, and tennis courts, all within easy reach of Gulf Coast beaches, restaurants, shopping, and cultural attractions. The house may be purchased as furnished and turn-key or unfurnished.
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Our Executive Mortgage Banker:
Our Insurance Division:
$897,777
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 | $718,222 | $718,222 | $718,222 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.000% | 6.250% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.362% | 6.385% | 6.223% |
| Monthly Tax Payment | $491 | $491 | $491 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $4,306 | $4,422 | $6,061 |
| Total Monthly Payment | $4,888 | $5,004 | $6,643 |
* 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.