Step into convenience and comfort at 5234 Castello Lane in Esplanade at Lakewood Ranch. As you pass through an expansive gated courtyard, you are welcomed with a sense of tranquility. The entryway features an etched glass front door equipped with a remote hurricane shutter. Once inside, the beauty of the home reveals itself with wainscoting adorning many rooms and large ceramic tile flooring guides you through the main living areas. High ceilings and crown moldings throughout add to the spacious and airy ambiance. The kitchen is completed with granite countertops, a tile backsplash and stainless-steel appliances, including a five-burner gas cooktop with a hood. Bar-height seating and a cozy breakfast area with accent trim on the wall make it an ideal spot for casual dining. The kitchen opens seamlessly into the great room, a spacious gathering area with built-in speakers, a high ceiling with crown molding, direct access to the kitchen and dining room, and large sliders to create an open indoor-outdoor living space. The dining room, ideal for hosting gatherings, features a mirrored accent wall that expands the room's visual space. The primary bedroom offers a private retreat with an alcove entry, a high tray ceiling with crown molding and a large picture window that bathes the room in natural light. An accent wall adds a touch of warmth, while two walk-in closets with custom-built storage provide ample space. The en-suite bath continues the theme of luxury with a high ceiling, dual sinks, a huge walk-in shower and a private water closet, all complete with tile flooring. The guest bedroom provides comfort with similar high tray ceilings, crown molding, LVP floors and its built-in workspace. A full guest bath with tub and shower, and tile floor is conveniently nearby. The den features a high ceiling with crown molding, a large picture window, LVP floors and a built-in workspace. Plus, it is easily transformable into another guest bedroom. Step outside to take in the incredible lake views from the paver lanai, fully covered to provide living and dining spaces protected by hurricane shutters. The outdoor kitchen is fully equipped with a grill, vent hood, sink, beverage cooler and storage, making it an entertainer's dream. Remote-controlled awnings offer shade and privacy, allowing you to enjoy the outdoor space in complete comfort. Additional features include a convenient powder room near the main living areas. The laundry room, equipped with a sink, window and cabinetry, ensures chores are handled with ease. A central vacuum system ensures convenience is never compromised. The oversized two-car garage offers an extension for additional storage or workspace, complete with an epoxy floor, a mini-split system, windows and a built-in storage unit. Esplanade at Lakewood Ranch is a gated community that offers a range of amenities including a state-of-the-art fitness center, a full-service spa, bocce ball, pickleball courts, a tennis club, fitness classes, walking trails, a dog park, a culinary center, a clubhouse, a heated lagoon-style pool with private cabanas, a resistance pool, and a full-service tiki bar and restaurant. 5234 Castello Lane is more than just a home, it's a lifestyle, offering a blend of luxury, convenience and thoughtful design in one of the best Lakewood Ranch communities.
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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 | $664,000 | $664,000 | $664,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.750% | 6.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.406% | 6.864% | 7.058% |
Monthly Tax Payment | $938 | $938 | $938 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,307 | $4,307 | $5,876 |
Total Monthly Payment | $5,337 | $5,337 | $6,906 |
* 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.