Under contract-accepting backup offers. Nestled in the esteemed gated community of University Park Golf & Country Club, this highly sought-after neighborhood boasts the very best location! This picture-perfect home is situated on one of the largest homesites in Kenwood Park, on over 1/3 of an acre, providing a serene lake view, an impressive side-loading garage design, adorned with pavers and the NEW ROOF contribute to the overall sophisticated aesthetic appeal. Essentially every surface from top to bottom was updated in 2020 through curated selections by a renowned designer from Parson’s School of Design. The common theme of this residence is elegance, featuring 12’ ceilings in main rooms adorned by all new oversized crown molding, tasteful flooring, and complementing baseboards creating an atmosphere of grandeur. The main gathering room showcases a gorgeous new feature wall containing glass shelving, decorative electric fireplace, chic wallpaper enhanced with stone accents. The large disappearing sliding doors open to a haven of privacy, evident by the large, covered lanai with newer tile floors, a tucked-away half bathroom, and an extended patio with a new panoramic screen highlighting Florida’s natural beauty. The separate formal dining area features soffit/recess lighting and a modern chandelier. Culinary enthusiasts will appreciate the updated gourmet kitchen, equipped with an extended breakfast bar, newer high-end appliances, and countless cabinets. Just outside the kitchen, there is a dry bar with a large, picturesque window and a newer bar fridge, ideal for entertaining. Beyond is the butler’s pantry and a gorgeous, updated half bathroom. Pocket doors close off a nook, adding to an abundance of storage closets, and the laundry room features custom cabinets, a newer smart washer/dryer, and a sink. The expansive owner's suite has a double door entry, two spacious customized closets, large bay windows with automatic shades, double crown molding, and a glass door opening to the lanai. The owner’s bath has an expansive newer frameless glass door, private water closet with a newer TOTO washlet, and built-in shelving off the open vanity area. There is a den off the gathering room with double pocket doors, including a custom wall unit and designer wallpaper. The den could be easily converted to a 4th bedroom, adding a touch of flexibility. Two guest bedrooms featuring plantation shutters and custom closets share an updated guest bathroom. The property is equipped with a NEW air-conditioner in January 2023, and the NEW roof was replaced in May 2023. Additional benefits include a whole-house water softener system, reverse osmosis, newer ceiling fans on remote control, generator and much more! The oversized garage is outfitted with rows of custom storage cabinets, epoxy flooring, and a full-size refrigerator. This home is part of the award-winning University Park Country Club, renowned for its commitment to a natural environment and vibrant social lifestyle. Residents enjoy exclusive access to the club, featuring 27 holes of championship golf, 11 lighted Har-Tru tennis courts, a state-of-the-art fitness center, and the recently renovated Park Grill. Additionally, a nearby community pool is exclusive to the 77 homeowners of Kenwood Park, offering a place for quaint social gatherings. Just minutes to the UTC shopping and dining corridor, downtown Sarasota, and white sandy beaches, making this the best place to live! Bedroom Closet Type: Walk-in Closet (Primary Bedroom).
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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 | $1,019,600 | $1,019,600 | $1,019,600 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.750% | 6.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.786% | 6.888% | 6.976% |
Monthly Tax Payment | $577 | $577 | $577 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $6,783 | $6,613 | $9,023 |
Total Monthly Payment | $7,485 | $7,315 | $9,725 |
* 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.