Welcome to this exclusive 2024 waterfront estate by Pileggi Custom Homes—a boater's dream nestled on over half an acre with 116 feet of waterfront footage. This pinnacle of luxury offers showcase views of Little Sarasota Bay and Casey Key sunsets. Spanning over 2 floors, the home features 3 bedrooms, 4. 5 bathrooms, an office, open floor plan and an exquisite outdoor area with a custom-built waterfall pool and fire pit. Enter through a grand 10-foot custom front door into the expansive living room area, featuring soaring 24-foot coffered ceilings. The gourmet kitchen is a culinary delight, showcasing custom cabinetry by Yoder Kitchen Corp, accented with stainless steel inlays and equipped with Bertazzoni appliances imported from Italy. A highlight of the kitchen is the central island, complemented by matching walnut wood grain pattern along the cabinetry and offering ample storage with upper and lower cabinets, including a stainless-steel inlaid China cabinet. The master bedroom suite is a sanctuary of elegance, featuring coffered ceilings and a generously sized walk-in closet. The ensuite master bath exudes luxury with custom walnut wood cabinetry, and a spacious walk-in shower with dual shower fixtures, including a handheld and body jets for a spa-like experience. The master bath is adorned with 24x36 large format tiles in the walk-in shower. Second and third bedrooms each feature ensuite spa-like bathrooms with walk-in showers and dual vanities. Second bedroom is further enhanced with tray ceilings, adding a sense of architectural detail. Italian tile floors in the second bathroom complement the overall elegant design of the home. Additional features include a high-end surround sound system, custom red oak staircase with LED lighting seamlessly connecting the first and second floors, solid core shaker style doors, recessed lighting and epoxy flooring on the first floor. Step onto the stunning pool area, perfect for enjoying mesmerizing sunsets over Little Sarasota Bay, complemented by a soothing hot tub. Enhance your evenings with fire bowls and columns, casting a warm glow against the backdrop of panoramic views. A custom fountain with mesmerizing LED laser lights adds to the ambiance, while an accessible full bath ensures convenience for guests. Seamlessly integrated with a wireless security and surround sound system, this outdoor retreat epitomizes coastal elegance and comfort. Enjoy direct access to the Bay from the estate's brand new dock with water and electric and 20, 000 lbs boat lift. The dock features a water depth ranging from 1 to 7 feet at the bulkhead seawall, making it suitable for various watercraft activities with unobstructed high impact showcase views. Additionally, this home is constructed with poured concrete and insulated foam, maintaining temperatures significantly cooler than outside averages. Also, to ensure peace of mind, this property features hurricane-impact vinyl windows. The home is elevated over 13 ft with no flood insurance requirement. An expansive 5-car garage, featuring 14-foot ceilings and epoxy flooring is attached. The home features a 1, 000 gallon propane tank & generator. Just minutes to Casey Key and prized Siesta Key beach. Proximity to the A+rated Pine View school. Easy access to US 41 for plentiful shopping, dining, & entertainment spots in downtown Sarasota and Venice. This meticulously designed brand-new home offers unparalleled elegance for the exclusive waterfront lifestyle.
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Our Executive Mortgage Banker:
Our Insurance Division:
$5,350,000
William Raveis Real Estate
Phone: 888.699.8876
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 | $4,280,000 | $4,280,000 | $4,280,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.125% | 6.125% | 6.000% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.443% | 6.258% | 6.201% |
Monthly Tax Payment | $1,135 | $1,135 | $1,135 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $26,006 | $26,006 | $36,117 |
Total Monthly Payment | $27,266 | $27,266 | $37,377 |
* 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.