CUSTOM DESIGNED LUXURY HOME-SPRAWLING WATERFRONT ACREAGE LIVING-ENJOY PRIVACY, SPACE, NATURE & WILDLIFE (PERSONAL PROPERTY PACKAGE OPTION AVAILABLE) A truly spacious & open concept great room split plan; Mediterranean design home built by Mark Cahill for the original owner. Optimum use of space. Quality, premium barrel white tile roof (30-35 years) with hip feature design & radiant barrier insulation. Showcasing a brand-new Mansard, PANORAMIC pool/spa cage with "no see um" screens. ($43, 000). It faces the highly desired EAST outlook (Morning sun; able to enjoy the hot afternoons comfortably outside on the lanai). Overlooks a private pond & nature preserve. (No houses or people; just wildlife: able to walk completely around the lake. Very unique. ) One of the most natural, scenic, serene & private outlooks in the entire development. Beautiful office/study with cherry wood floor & French doors. 12' & 10' ceilings & crown moldings throughout. MBR ensuite (North/East facing-cool nights for sleeping) includes a Roman shower, spacious his/her closets & full sliding door wall leading to the pool. 2 BRs on the opposite end include full ensuite bathrooms, one with special features. Open formal dining area coupled with a strategic dinette space, which enables you to gaze out over the peaceful scenery on a daily basis. Kitchen area highlights include generous counter & cabinet (42") space with center island, double oven, built in electric appliances, wine cooler & abundant overhead lighting. Full 3 car garage with epoxy floors, overhead storage space, insulated door panels, keyless entry system & expanded side entrance driveway with much larger parking area. Full 7 zone sprinkler system and rain gutters. Intercom, sound & security systems. Exceptional outdoor landscape & sensor lighting. Beautiful mature tall trees and attractive shrubbery frame the house in a symmetrical manner. Located in The Preserve at Panther Ridge, a highly sought after deed restricted community in East Bradenton. Adjacent to Lakewood Ranch amenities and a 30-minute drive to downtown Sarasota. Easily accessible from 3 nearby airports. The community provides a social pavilion, parks, walking trails, tennis & basketball court, outdoor fitness station, gazebo and playground. 25 small lakes (ponds) with "catch & release" fishing for residents. NO CDD fees. NO flood insurance is required. HOA ANNUAL fee is only $928. There are 257 homesites, spread out over a vast area, with lot sizes ranging between 1 and 2 acres. Homes here are individual in nature & certainly not on top of each other. A comprehensive, independent 71-page home inspection report was completed in December 2023. Brand new AC Systems (2) installed in 12/23. FOR AN EXTRA $20, 000, YOU CAN PURCHASE A "HIGH END" PERSONAL PROPERTY PACKAGE OPTION & make it a truly "turnkey" and "move in ready" residence. This home is very special & provides a rare opportunity for the right buyers.
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:
$978,500
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 | $782,800 | $782,800 | $782,800 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 7.000% | 6.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.851% | 7.128% | 7.061% |
Monthly Tax Payment | $399 | $399 | $399 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $5,274 | $5,208 | $6,981 |
Total Monthly Payment | $5,765 | $5,699 | $7,472 |
* 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.