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Don't miss this fabulous property at this new low price! This spectacular home is located on a rarely available premier private waterfront lot in Sandhill Preserve, a maintenance-free community on Palmer Ranch in Sarasota. This meticulously maintained, one-owner residence is model-perfect and move-in ready. This expanded Summerwood floor plan is the ideal full or part-time home. Featuring an open-concept floor plan with two spacious bedrooms and baths, plus a den (the 3rd bedroom) and can easily be converted back to a 3-bedroom plan (see attached floorplan. ) Wide water views greet you as you enter the foyer to the expansive great room, kitchen, and dining area. The fabulous, well-planned kitchen boasts an oversized island and seating area, a wonderful place to entertain and gather with family and friends. Featuring custom cabinets with abundant storage, quartz counters, a subway tile backsplash, pendant lighting, stainless appliances, a gas cooktop, and a walk-in pantry. The great room, kitchen, and casually elegant dining room flow seamlessly to the large, private screened lanai overlooking the expansive lake. Rough-ins were added on the lanai for a future summer kitchen. The spacious primary suite is your private retreat with wide lake views, featuring a tray ceiling and walk-in closet. Pamper yourself in the luxurious bath with a quartz countertop and wood cabinet with double sinks, a walk-in shower, and a large walk-in closet. The split bedroom plan offers privacy for you and your guests. The oversized 2. 5 car garage (581 square feet) includes an additional area, perfect for a workbench, extra storage, or small vehicle/golf cart parking. The expansive yard offers beautiful lake vistas where you’ll savor spectacular, colorful sunrises and sunsets. Grab your fishing pole. The lake is stocked for fishing! Additional tropical landscaping and palm trees have been added for privacy. Paver driveway and walkway; landscape irrigation is provided through the HOA. The home's elevation does not require flood insurance and is built to hurricane codes. Sandhill Preserve is a gated maintenance-free community offering resort-style amenities such as an impressive clubhouse, fitness and workout gym with state-of-the-art equipment, pickleball, tennis, a community heated swimming pool and spa, fire pit, fishing pier, an activity director, and is pet-friendly. The neighborhood offers security provided by a live, 24/7 security company. Centrally located and convenient to everything, such as multiple golf courses, tennis, the Legacy Trail, where you can enjoy miles of walking and biking, and 15 minutes to the world-famous white sand beaches of Siesta Key, downtown Sarasota, and Venice. Minutes to shopping, hospitals, restaurants, and easy access to Interstate 75 north to Tampa and south to Naples.
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Our Executive Mortgage Banker:
Our Insurance Division:
$759,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $607,200 | $607,200 | $607,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.841% | 7.159% | 6.518% |
Monthly Tax Payment | $285 | $285 | $285 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,040 | $4,036 | $5,206 |
Total Monthly Payment | $4,417 | $4,413 | $5,583 |
* 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.