Under contract-accepting backup offers. Welcome to your waterfront luxury oasis – a custom-built, 3, 627 sq. ft. Arthur Rutenberg Coquina design home by Bob Williams. This stunning residence effortlessly combines elegance and functionality, showcasing breathtaking water views, nine distinctive architectural ceilings, abundant storage, and numerous high-end upgrades throughout. Nestled in the award-winning community of The Islands on the Manatee River, voted 'Best Community' in the Sarasota-Bradenton Parade of Homes for 8 consecutive years, this canal-front property offers direct boating access to the Gulf of Mexico and easy golf cart access to the community’s golf course and club house, The Club at River Wilderness. Upon entry, you will be greeted by a spacious foyer featuring a 13-foot tiered ceiling that beautifully frames a stunning bar and seamlessly connects the oversized dining room to the expansive great room and gourmet kitchen. Each room is accentuated with exquisite architectural details and expansive ceilings. This open floor-plan design is perfect for both flawless entertaining and functional day-to-day living. The kitchen is a chef's delight, equipped with top-of-the-line Jenn-Air appliances and sleek, modern cabinetry, complemented by a hidden pantry tailored for culinary artistry and casual entertaining alike. The breathtaking water views from these central living spaces create a serene and inviting atmosphere. For a more intimate experience, retreat to the oversized den also overlooking the waterway, which can also serve as a fourth bedroom. The split floor plan ensures privacy, with the expansive owner's suite offering stunning water views, dual walk-in closets, and an oversized luxurious bath. Family members and/or guests will feel pampered in either of the two well-appointed guest bedrooms. Step outside to the expansive lanai, lined with elegant Alaskan Silver travertine pavers. This outdoor haven is equipped with a custom-designed heated saltwater pool and spa by a premier pool builder, an outdoor kitchen featuring a Memphis pellet grill, a fire pit, and panoramic no-see-um screens for unobstructed views. The Islands has convenient access to many surrounding areas. The Fort Hamer bridge seamlessly connects residents to Lakewood Ranch. Enjoy the sophistication of Lakewood Ranch's retail and dining amenities, all just a short drive from your gated sanctuary. Locally in Parrish, discover the allure of new shopping and dining experiences just minutes away. The town is positioned for growth, with ongoing commercial development promising even more opportunities for entertainment, retail therapy, and culinary exploration in the near future. Don't miss this rare opportunity to own a piece of paradise, where luxury living meets waterfront bliss. Schedule your private tour today!
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William Raveis Mortgage, LLC
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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 | $1,348,000 | $1,348,000 | $1,348,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.250% | 6.250% | 6.000% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.371% | 6.372% | 6.182% |
Monthly Tax Payment | $1,000 | $1,000 | $1,000 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $8,300 | $8,300 | $11,375 |
Total Monthly Payment | $9,425 | $9,425 | $12,500 |
* 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.