1624 Stanford LANE, Sarasota, FL, 34231 | $4,950,000

Experience the epitome of waterfront luxury living in this stunning two-story canal-front pool home showcasing a harmonious blend of indoor and outdoor space. This impressive home is a boating enthusiast’s dream located approximately 150’ from Sarasota Bay and minutes to the Gulf of Mexico. Upon arriving at the expanded paver brick circular drive, entering through the glass front double doors prepare to be captivated by soaring ceilings and generous open spaces offering fabulous views of the canal, infinity pool and tropical setting. Elegant touches throughout this custom-built smart home include mahogany flooring throughout, crown molding, plantation shutters, Lutron lighting and a fully integrated Sonos Sound System The expansive living area was made for entertaining, and wine connoisseurs will delight in the glass-front wine closet, together with a separate dry bar, wine refrigerator and serving area. Stepping into the oversized kitchen, cooking enthusiasts will be delighted with two separate islands (one with seating for two), the generous amount of cabinetry and countertop space, the oversized walk-in pantry and high-end appliances. Extending from the kitchen is the dining area, filled with natural light surrounded by oversized windows and two sets of glass front double doors leading to the outdoor pool area. Meandering back through the living area, enjoy watching movies in style in the media room, which includes a mounted TV with sound bar and beverage fridge. Continuing on the first level, the expansive Owner’s suite is a luxurious retreat boasting tray ceilings, two walk-in closets, glass front double doors opening to the pool deck, and a large en-suite bath with walk-in shower, spa tub, dual vanities, and water closet with bidet. From the main living area, a beautiful wooden staircase leads to the second level, where three ensuite guest rooms await, one of which features a balcony overlooking the canal and pool area. A fourth guest room (currently used as a workout room), an office, and a separate half-bath complete the second level. The rooms are connected by a beautiful walkway offering captivating outdoor views. Winding back downstairs, the outside living area combines three levels of canal and bay vistas. The first level opens from the living, kitchen and dining area, onto a large travertine deck, with heated infinity pool and spa overlooking the canal. The lower level deck boasts a 16K lb sling boat lift, newer dock area with water, electricity, and plentiful space along the paver deck for dining, casual seating and enjoying the oblong gas firepit. The second deck level promotes entertaining in style with the stand-alone summer kitchen featuring bar seating, double drawer refrigeration, beverage fridge, ice maker, dishwasher, gas grill, burner, sink, pizza oven and a drop-down TV to complete your outdoor oasis. Nestled on the north side of the summer kitchen is an area filled with astro-turf, surrounded by lush landscaping and a fence leading to the front drive. Additional features of this home include an interior laundry room on the first level, an expanded two-car garage with additional storage, and two exterior storage sheds. This home is ideally located moments away from Siesta Key and it's world-renowned beaches, and within close proximity to downtown Sarasota, incredible shopping and dining, and myriad cultural attractions. Experience serene and seamless indoor/outdoor living in this stunning waterfront oasis.

Features

  • Rooms: 12
  • Bedrooms: 5
  • Baths: 4 full / 2 half
  • Lot Size: 120 x 125
  • Laundry: Electric Dryer Hookup, Inside, Laundry Room, Washer Hookup
  • Style: Custom, Elevated
  • Year Built: 2015
  • Garage: 2-car Circular Driveway, Driveway, Garage Faces Rear, Ground Level, Guest
  • Heating: Central, Electric
  • Cooling: Central Air
  • Approx Sq. Feet: 5,161
  • Acreage: 0.37
  • Lot Size: 120 x 125
  • Est. Taxes: $23,410
  • Lot Desc: FloodZone, In County, Near Public Transit, Street Dead-End
  • View: Pool, Water
  • Elem. School: Phillippi Shores Elementary
  • Middle School: Brookside Middle
  • High School: Riverview High
  • Pool: Deck, Heated, In Ground, Infinity, Lighting
  • Pet Policy: Yes
  • Appliances: Bar Fridge, Built-In Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Ice Maker, Microwave, Washer, Wine Refrigerator
  • MLS#: A4610670
  • Days on Market: 89 days
  • Website: https://www.raveis.com
    /eprop/A4610670/1624stanfordlane_sarasota_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 9/27/2024 4:17:08 PM)
Listing courtesy of MICHAEL SAUNDERS & COMPANY   Phone: 941-907-9595

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

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1624 Stanford LANE, Sarasota, FL, 34231

$4,950,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

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 $3,960,000 $3,960,000 $3,960,000
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 $1,951 $1,951 $1,951
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $24,382 $24,382 $33,417
Total Monthly Payment $26,458 $26,458 $35,493

* 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.