Welcome to 57 Fairway Road, an exceptional property in upscale West Lido Beach, offering you an amazing coastal lifestyle. This stunning large property and spacious residence is the closest house on Fairway Rd to the beach and ocean using a private gated entrance "Exclusively for Lido West Residents. " You have a rare opportunity to enjoy a recently renovated (2014) luxurious modern home with vast wide-open beach, ocean, and coastal views, along with a large private green backyard garden. As you approach this magnificent home, you are greeted by a beautiful front garden. Enter the grand functional foyer, which is a bright, enclosed, sunlit room that serves to insulate the house from the cold in winter and the heat in the summer. The foyer leads you to a spacious living room with a large 5 section Bow Windows overlooking the front garden. The living room has recessed lighting and an open designer floor plan that seamlessly connects you to the sunlit dining room and kitchen. The newly renovated kitchen shares a large island with the dining room, has granite countertops, stainless steel appliances, mahogany cabinets and is perfect for hosting large gatherings. A convenient side entrance, with windows that display the side garden path, also enhances the kitchen's functionality when entertaining guests in the backyard. Adjacent to the kitchen, and surrounded by the garden, is a large sunroom/den which can be utilized as an additional 5th bedroom and/or home office. It has a huge closet containing a convenient modern front-loading washer and dryer. The garden sunroom has insulated windows and a sliding glass door that opens into the large, fenced, picturesque backyard. There are 2 separate patios that are ideal for al-fresco dining and enjoying the lush, green garden surroundings. A four-zone automatic sprinkler system ensures that all your beautiful gardens stay fresh and hydrated. This main 1st floor level also includes 3 well appointed bedrooms, one of which is a primary bedroom with ensuite full bathroom and 2 large closets. A connecting hallway leads to another full bathroom, 2 large linen closets and an extra storage cabinet. There is a convenient 3 car driveway, and garage with an automatic electric door and a useful backdoor into the backyard. Ascend the stairs to the upper level into a huge unique studio bedroom suite with vaulted ceilings, 3 large skylight windows, and a large 5 panel picture window that displays a vast wide-open view of the Lido Beach coastline for miles to the NE. Two large side by side sliding glass doors lead to a large, long covered deck with beach, ocean and coastal views, and a wonderful space to relax and enjoy the ocean breeze. The luxurious sunlit bedroom has 3 large dressing room closets with built in shelves and an additional linen/clothing closet. This elegant bedroom also has an ensuite full bathroom with a jacuzzi style tub. A room size alcove adds versatility to this huge primary bedroom with an option to close it off and create another room. The entire upstairs is adorned with wall-to-wall carpet and can be used as a bedroom, family room, and/or home office. In addition, a separate door leads to the large attic with plenty of extra storage space and built in attic fan ventilation. In summary, 57 Fairway Road is a rare opportunity to own a prime location, stunning views and versatile living spaces that combine coastal living with luxury, comfort and convenience. It's an excellent home for all, and conveniently located close to parkways, public transportation, shops, restaurants, golf, marinas, recreation, parks and entertainment.
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:
$1,287,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.Alvarez@Raveis.com
NMLS Mortgage Loan Originator ID 1880936
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,029,600 | $1,029,600 | $1,029,600 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.250% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.821% | 6.396% | 5.990% |
Monthly Tax Payment | $1,151 | $1,151 | $1,151 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $5,846 | $6,339 | $8,550 |
Total Monthly Payment | $7,121 | $7,614 | $9,825 |
* 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.