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This exceptional waterfront residence is located on a quiet side street on the coveted north end of Siesta Key. This house is just minutes from everything on and off the island. The house is perfectly positioned on a deep-water section of the intra-coastal and just a five-minute boat ride out of Big Pass and into the Gulf. This home represents all the best of island living. This fortress-like home was built with structural safety in mind and planted on numerous concrete pilings. The house underwent a meticulous two-year, million-dollar renovation, transforming the residence into a true masterpiece. The heart of the house is the great room - a large living room with 20' ceilings, multiple seating areas, and tranquil water views surrounded by a two-story library. The living room features a breathtaking gallery that soars to the ceiling and a loft over the dining area. Custom hand-hewed wood trestles and iron railings from the Vasquez forge in Tampa finish the space, and a hidden wood-paneled staircase adds an element of mystery to this enchanting room. The chef's dream kitchen features top-of-the-line Wolff, Sub-Zero, and Miele appliances, quartzite counters, a coffered ceiling, a breakfast area, and a functional walk-in pantry. Hand-hewed beams have been incorporated throughout the house and lanai, creating a seamless old-world aesthetic. The primary suite features a large bedroom, two private balconies, two separate bathrooms, two walk-in closets, a large central walk-in shower with dual entry, and an oversized bathtub. The guest wing is separated from the main living area by double doors. It provides plenty of room for family and guests, with three bedrooms, three bathrooms, two balconies, and private exterior access to the driveway. Step outside to discover a perfect paradise for outdoor living. The two-story lanai features a summer kitchen with a heated pool, hot tub, and 1, 000 sq ft covered screened-in space with multiple seating areas, situated right next to an additional guest space, a pool bathroom, a workshop, and a large media and game room to relax and unwind after a day on the water. The location is perfect for boating and fishing enthusiasts. The property has three amazing boat lifts - a four-post 10, 000-pound boat lift, a davit lift, a two-post lift for a small boat, kayak, or jet ski, and the ability to dock a boat up to 45' in length. The dock features a large fishing table and underwater lights that attract Snook, Spanish Mackerel, Sheepshead, Redfish, and juvenile Tarpon. In the front of the house is a spacious three-car garage with hurricane-rated garage doors. The driveway has been refinished with natural stone pavers and can accommodate up to twenty cars. The house was recently repainted and is meticulously maintained. The pergola has been rebuilt, the landscaping and irrigation redesigned, recent replacement of the HVAC and duct system, both tankless water heaters, the pool and irrigation pump, pool heater, as well as installation of a Control-4 home automation system, a whole-house generator, and the addition of removable hurricane curtains, means you will be able to spend more time to enjoy the house. Great location just minutes from the white sandy beaches, Siesta Key Village, Southside Village, and Downtown Sarasota. Start enjoying your island life today.
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Our Executive Mortgage Banker:
Our Insurance Division:
$5,950,000
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
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $4,760,000 | $4,760,000 | $4,760,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.750% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.799% | 6.876% | 6.850% |
Monthly Tax Payment | $3,291 | $3,291 | $3,291 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $31,668 | $30,873 | $41,793 |
Total Monthly Payment | $35,084 | $34,289 | $45,209 |
* 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.