Savor spectacular panoramic golf course, lake, and nature views from this spacious custom home in the Founders Club, an exclusive golf community. By award-winning John Cannon Homes, this sophisticated residence offers a dramatic, classic design, generous indoor-outdoor entertaining spaces, soaring ceilings, and luxurious appointments. Beautifully manicured landscaping and a circular paver drive welcome visitors to the 5742-square-foot, two-level home on a premium . 69-acre lot on the 11th green. Captivating outdoor views and impeccable attention to detail are evident when you enter the grand foyer and flow into the elegant living room and dining room, which boast impressively high ceilings and craftsman details. From the wine cellar and integrated butler pantry to the casual open floor plan, this home allows seamless entertaining from the formal living and dining rooms to the large family room. The beautifully appointed living room features a stone gas fireplace, flanking built-in custom cabinetry, and 10-foot French doors that open to a voluminous screened lanai with a large, heated pool and spa, open areas for sunning, and a covered patio with an outdoor kitchen, stone fireplace and abundant space for dining and entertaining amid the serene surroundings. Three pairs of tall French doors transition to the spacious family room and well-appointed gourmet kitchen with high-end appliances, a Wolf gas cooktop, an oversized island, a walk-in pantry, and a breakfast area with an aquarium window framing views of the pool, lake, and golf course. The expansive owner’s suite offers a private office with custom cabinetry, French doors to the lanai, fully outfitted dual closets with floor-to-ceiling cabinetry, dual water closets, a hydrotherapy tub, an oversized walk-in shower, and a coffee bar. Two additional bedrooms with full baths are in a separate wing, providing comfortable, private accommodation for overnight guests. The upper level, accessed by elevator or stairs, includes a substantial bonus room with a full wet bar, a gas fireplace to enjoy movie nights or a game of pool, and a full bath. Step out to the terrace to enjoy amazing sunsets and a commanding view of the Founders Club golf course, adjacent fairways, and greenbelt. The home's second floor can be easily configured as a separate fourth bedroom or in-law suite for an expanded family. Other notable highlights of this fabulous home include soaring ceilings, coffered inlaid ceilings, travertine and hickory wood floors, deep crown molding, granite countertops, and a four-car garage. The guard-gated Founders Club is Sarasota's most notable private, securely gated golf community and is located on 700 acres of breathtaking lakes, mature oaks, and nature preserves. It is richly landscaped and has a recreation center with tennis, pickleball, basketball courts, and a playground. While membership in the club is optional, it serves as a wonderful meeting place for this intimate community. The Robert Trent Jones Jr. -designed 18-hole championship golf course and the 24, 000-square-foot clubhouse offer a restaurant, bar, and fitness center. Easy access to shopping, dining, entertainment, outdoor activities, downtown Sarasota, Lakewood Ranch, and the world’s most coveted beaches.
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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 | $2,480,000 | $2,480,000 | $2,480,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.875% | 6.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.838% | 7.002% | 6.915% |
Monthly Tax Payment | $2,514 | $2,514 | $2,514 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $16,708 | $16,292 | $21,946 |
Total Monthly Payment | $19,347 | $18,931 | $24,585 |
* 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.