**CUSTOM-BUILT ELEGANCE IN ARBOR RESERVE**
Welcome to your dream home nestled in the picturesque, gated community of Arbor Reserve. This stunning custom-built residence offers over 3, 500 square feet of luxurious living space and showcases exquisite craftsmanship and thoughtful design. Upon entering, you are greeted by a dramatic two-story foyer that sets the stage for the breathtaking water views visible from the main living areas. The main floor is a masterpiece of comfort and functionality, featuring a dedicated home office, a convenient laundry room, and a spacious two-car garage. Guests will appreciate the elegant guest bath, while the large primary suite is a true retreat, complete with double closets and a spa-like primary bath. The heart of this home is the expansive great room, which boasts a massive custom kitchen. Here, you'll find beautiful tray ceilings, built-in appliances, rich wood cabinets, gleaming stone countertops, and stylish tile floors. The large dining area offers ample space for entertaining and family gatherings. Upstairs, you'll discover three generously sized guest bedrooms and two additional guest bathrooms, ensuring comfort and privacy for everyone. The massive bonus or loft space provides endless possibilities—ideal for a media room, game room, or play area. Step outside to enjoy the spacious covered lanai and custom patio, perfect for relaxing or hosting gatherings. The fenced backyard offers stunning sunset and water views, creating a serene outdoor oasis. The home’s exterior features a charming craftsman style elevation and a welcoming front porch, complemented by mature landscaping. Arbor Reserve’s community amenities include a refreshing pool, a basketball court, and a playground, providing something for everyone. Located in the heart of Sarasota, this home offers easy access to 301, I-75, and the world-famous sugar sand beaches of Southwest Florida. Enjoy convenient commutes to downtown Sarasota and Bradenton while savoring the tranquility of your private retreat. Don’t miss your chance to make this extraordinary house your home. Schedule a tour today and experience the elegance and comfort of Arbor Reserve living.
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Our Executive Mortgage Banker:
Our Insurance Division:
$749,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $599,200 | $599,200 | $599,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | $772 | $772 | $772 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,986 | $3,982 | $5,138 |
Total Monthly Payment | $4,850 | $4,846 | $6,002 |
* 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.