Under contract-accepting backup offers. *Back on the market, Buyers financing fell through. * *NEW TILE ROOF* Welcome to your sprawling oasis on 1. 31 acres of the serene Preserve at Panther Ridge. This remarkable John Cannon build boasts luxury and functionality across its spacious 5-bedroom, plus office, 3 1/2-bathroom, 5. 5 car garage residence. As you step through the doors, the 12 ft grand cathedral ceilings adorned with tray detailing elevate the ambiance, creating an inviting atmosphere that exudes sophistication. The home is designed for entertainment, featuring a caged pool with a relaxing hot tub and expansive outdoor spaces perfect for hosting gatherings. Experience the joy of outdoor cooking and relaxation in beautifully designed seating areas while enjoying the Florida sunshine. Inside, discover the timeless elegance of travertine and wood flooring that graces the floors, adding a touch of refined luxury. The grand master suite is a haven of comfort, offering two generous walk-in closets with custom built in closet organizers, and a spacious, well-appointed master bathroom with walk in shower and garden soaking tub. Updates such as a NEW TILE ROOF, a newer water system, remote Hunter Douglas shade sliders in living areas, in ceiling surround speakers, new pool heater pump, new irrigation system, new refrigerator, and fresh exterior and interior paint elevate the home's appeal and value. The heart of this home lies in its spacious kitchen, designed with practicality and style in mind. The open concept seamlessly connects the kitchen to the living spaces, making it perfect for entertaining guests. Pocket doors effortlessly slide open to reveal the inviting pool area, seamlessly blending indoor and outdoor living. Additionally, the separate suite is ideal for guests or an indoor mother-in-law suite, offering privacy and comfort. Car enthusiasts or those seeking ample storage space Beyond the main dwelling, a three-car attached garage provides ample parking and storage. Additionally, a 1, 000 sq ft. auxiliary structure with a 2. 5 car garage coupled with a workshop/hurricane room with poured concrete walls, A/C, and generator to power, and also has a side door for a golf cart/atv's or for your outdoor toys. This home encapsulates the essence of luxurious living just outside the hustle and bustle of town being just minutes away from shopping, restaurants and world famous UTC area. This home is offering a perfect balance of comfort, style, and functionality, creating an ideal setting for cherished moments with family and friends while also being able to hike the 15 miles of nature trails, utilize the community park, playground, tennis courts, basketball courts, and close to the world famous beaches of Manatee and Sarasota counties.
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William Raveis Real Estate
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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 | $984,000 | $984,000 | $984,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.625% | 6.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.321% | 6.750% | 7.038% |
Monthly Tax Payment | $1,177 | $1,177 | $1,177 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $6,382 | $6,301 | $8,708 |
Total Monthly Payment | $7,683 | $7,602 | $10,009 |
* 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.