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Welcome to 5850 Vanderipe Road, a spacious home set on 6. 5 beautiful acres in the highly sought-after Myakka Valley Ranches community. Surrounded by gorgeous oak trees, peaceful views, and plenty of room for horses and animals, this property offers the privacy and space buyers are looking for with endless potential to make it their own. The home features 4 bedrooms, 3. 5 bathrooms, 3, 805 sq. ft. under air, an attached oversized 2-car garage, plus an additional detached 3-car garage and storage shed. Inside, you’ll find a generous floor plan with multiple living spaces, including a main family room with a wood-burning fireplace, an additional living room, separate dining room, and a large flex room on the north side of the home that could easily be used as a multi-generational suite, additional bedroom, office, game room, or guest retreat. The oversized primary suite offers excellent space and dual closets, while the home’s 3-zone air conditioning system provides added comfort throughout. Outdoors, enjoy tranquil Florida living from the covered and screened pool area, offering wonderful sun protection from the Florida heat while overlooking the tree-lined property, pond, dock, and peaceful sunset views. The private pond is ideal for fishing and adds to the serene country setting. Located in Unit 2 of Myakka Valley Ranches, this section has a voluntary HOA, and the community offers fiber optic internet. Myakka Valley Ranches is known for its acreage homes, equestrian-friendly lifestyle, private roads, nature trails, and proximity to Myakka River State Park, top-rated schools, shopping, dining, and world-famous Siesta Key Beach. A rare opportunity to own a spacious home on a beautiful large-acreage property in one of Sarasota’s most desirable country communities.
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.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$1,195,000
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 | $956,000 | $956,000 | $956,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.125% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.312% | 6.235% | 6.183% |
| Monthly Tax Payment | $423 | $423 | $423 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $5,655 | $5,809 | $8,067 |
| Total Monthly Payment | $6,203 | $6,357 | $8,615 |
* 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.