1607 Treasure LANE, Boca Grande, FL, 33921 | $7,200,000

Experience the waterfront lifestyle in this custom-built home where stylishness meets timeless serenity. Enjoy sweeping bay views of Hole-In the-Wall Bay with 185’ of water frontage. This meticulously crafted 3 bed, 3 1/2 bath residence boasts approximately 3, 200 sq. ft. under air offering an unparalleled combination of luxurious comfort and unbeatable location on the water. This home features an open concept living area that provides perfect spaces for indoor/outdoor entertaining. The main living space is surrounded with bay views and is comprised with a large living/dining area with soaring ceilings, engineered wide plank wood flooring, plantation shutters, crown molding, speaker system, built-in cabinetry, solid core doors, half-bath, and a large laundry room with a seconded Sub-Zero refrigerator. A particular highlight is the sunroom, adjacent to the living area with walls of glass providing panoramic bay views with roll-down hurricane shutters. Multiple access points to outdoor entertaining areas offer an ideal escape. The gourmet kitchen with Quartz countertops, Sub-Zero and Thermador appliances, including a 5-burner gas stove, sleek cabinetry, stainless steel appliances, wet bar with wine cooler, offers a neighboring sitting area surrounded by bay windows. The main level spacious primary suite features high-ceilings, glass double doors accessing the pool, and offers a walk-in shower, and a large walk-in closet. The upper level offers a perfect oasis for family and guests featuring two generous bedroom ensuites with hurricane impact glass windows. Additional appointments include wains coating walls, landscape lighting, three zone heating/cooling systems, 2-car-garage plus golf cart, and a 2-stop elevator. IPE wood decking surrounds the bayfront pool a with a charming pergola adding architectural interest to outdoor enjoyment. This waterfront masterpiece is located in the gated community of Boca Grande Isles.

Features

  • Amenities: Gated
  • Rooms: 8
  • Bedrooms: 3
  • Baths: 3 full / 1 half
  • Laundry: Gas Dryer Hookup, Inside
  • Style: Ranch
  • Year Built: 1991
  • Garage: 2-car Garage Door Opener, Garage Faces Side, Golf Cart Parking, Ground Level
  • Heating: Central
  • Cooling: Central Air
  • Approx Sq. Feet: 3,198
  • Acreage: 0.37
  • Est. Taxes: $21,795
  • HOA Fee: $2,026 Annually
  • Lot Desc: Cul-De-Sac, Landscaped
  • View: Pool, Water
  • Elem. School: The Island School
  • Middle School: L.A. Ainger Middle
  • High School: Lemon Bay High
  • Pool: Deck, Heated, In Ground, Lighting
  • Pet Policy: Yes
  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range Hood, Refrigerator, Washer, Wine Refrigerator
  • MLS#: D6134905
  • Days on Market: 42 days
  • Website: https://www.raveis.com
    /eprop/D6134905/1607treasurelane_bocagrande_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 6/14/2024 6:20:05 AM)
Listing courtesy of Sotheby's International Realty   Phone: 941-964-0115

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NMLS Mortgage Loan Originator ID 16953

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1607 Treasure LANE, Boca Grande, FL, 33921

$7,200,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

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 $5,760,000 $5,760,000 $5,760,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.000% 6.375% 6.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.799% 6.486% 6.956%
Monthly Tax Payment $1,816 $1,816 $1,816
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $38,321 $35,935 $50,971
Total Monthly Payment $40,262 $37,876 $52,912

* 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.