NEW ROOF SHOULD BE COMPLETED BY THE END OF APRIL. Custom built by Dan Najjar this home is the embodiment of Florida's lifestyle with the best of materials and craftsmanship and features soaring ceilings, meticulous attention to detail, well thought spaces and beautifully appointed rooms. Situated on a generously sized lot with great lake and golf course views with a still plenty of privacy, this stately home welcomes you with a circular driveway and a beautifully landscaped front garden designed for year-round color. Across the way the lush, green median provides enjoyment and privacy. The inviting foyer welcomes you into the living room, with splendid views of the outdoor spaces, and into the spacious dining room. The well-appointed kitchen has ample cabinets, a breakfast bar, and an eating area with an aquarium window where you can enjoy your morning coffee while observing the aquatic wildlife on the lake. The comfortable family room, with its stacked-stone wall and modern fireplace, provides ample space for relaxing and watching television. The multiple sliding glass doors provide access to the generously sized outdoor space and views of the lake and golf course, truly bringing the outdoors in. In this split floor plan the owner’s suite provides lots of tranquility and privacy. The king-sized bedroom features convenient built-ins and a reading/ lounging alcove. Multiple windows allow views of the beautiful pool, lanai and of the lake and golf course beyond. The primary bathroom is full of light, has marble floors and vanity tops, two separate sinks, a jetted soaking tub and zero entry shower. Two generous sized walk-in closets with built in organizers complete the elegant owner’s suite. Both guest bedrooms are spacious enough to accommodate king-size beds, have beautiful bay windows with wide window seats also providing storage for off-season items. Conveniently located just off the lanai, the third bathroom serves both the adjacent guest bedroom and the pool. The second guest bedroom also has a built-in desk creating a conducive environment for working from home. The office/study has one of the best views in the house, with an aquarium window overlooking the lake and the second green. You will be at your most creative and productive in this beautifully appointed space. Finally, the outdoor area is highly likely one of the most generous, well thought out and executed in the entire community. Featuring an ample covered sitting and dining area, an outdoor kitchen with grill, refrigerator and bar sitting, a heated pool, spa and plenty of room for lounging in the sun. You can catch amazing sunsets while entertaining your guests or just relaxing after a day of golf or tennis. Remote control operated sunshades can provide even more protection from the afternoon sun should you need it. There is a spacious laundry room with a built-in desk, ironing board, multiple storage cabinets and a utility closet. The garage has a separate door and room for cart parking. There is a whole house generator. In addition to the semi-private 27-hole golf course designed by Ron Garl, University Park Country Club offers its residents 9 lighted, har-tru tennis courts, 4 pickleball courts, lawn croquet, a fully equipped fitness center, and a full calendar of dining, social and recreational activities. Located just a short drive from University Town Center (dining, shopping, and recreation), downtown Sarasota and Gulf-Coast Beaches.
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Our Executive Mortgage Banker:
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$1,499,000
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 | $1,199,200 | $1,199,200 | $1,199,200 |
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 | $861 | $861 | $861 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $8,079 | $7,978 | $10,695 |
Total Monthly Payment | $9,065 | $8,964 | $11,681 |
* 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.