We are excited to announce the availability of this iconic property, perfectly positioned on a premier lot within Lakewood Ranch's exclusive Lake Club community. This Mediterranean palatial estate epitomizes elegance, sophistication, and unrivaled privacy. Nestled between tranquil, private lake views on two sides and directly facing a peaceful linear park and The Lake Club’s main clubhouse, the home seamlessly blends luxury, convenience, and serenity.
Spanning 5, 726 square feet, this custom-built Ruttenburg masterpiece was meticulously enhanced in 2023, combining natural elegance with modern upgrades and carefully selected finishes. The Mediterranean design is further elevated by private balconies, screened-in lanais, and a distinctive bell tower that offers breathtaking vistas. Every detail has been thoughtfully crafted, from the grand gated driveway with lush, secluded landscaping to the soaring 12-foot ceilings adorned with intricate crown molding.
The estate features four spacious (4) bedrooms with walk-in closets, five and a half (5 ½) bathrooms, fully upgraded three (3)-car garage, a study, great room, den, and a versatile yoga or workout space. An entertainment media room with a wet bar and full bath, complemented by French doors leading to private courtyards, beautifully merges indoor and outdoor living. The formal dining room, illuminated by alabaster light fixtures and overlooking a private courtyard, exudes sophistication. The gourmet kitchen, equipped with top-of-the-line appliances, flows seamlessly into the living and family rooms, which are enhanced by two fireplaces and a wet bar—creating an ideal space for both daily living and grand entertaining.
The primary suite serves as a luxurious oasis, offering a spacious walk-in closet and a private screened-in balcony with a cozy fireplace, perfect for enjoying peaceful sunrises and sunsets. The elegant bathroom features a soaking tub, dual rain showerheads, and a tray-ceilinged bedroom, completing this refined retreat.
The meticulously landscaped yard has been transformed into a private sanctuary, boasting a newly redone pool and deck along with fresh turf grass, creating an inviting outdoor living space. Whether hosting a summer soirée or enjoying a quiet evening under the stars, the courtyards and lanais offer versatile and enchanting settings for every occasion.
The estate also includes enhanced security features, including cameras throughout the property, nest thermostats, provide peace of mind and ease. The grand entryway, surrounded by secluded greenery, ensures a private retreat that feels worlds apart from the outside world.
This estate represents the pinnacle of opulent living within the coveted Lake Club community. The property offers many convenient retailers in the immediate vicinity with Starbucks being just 1. 8 miles away, Publix is at the foot of the west gate just 1. 5 miles from the home, and Ruth’s Chris Steakhouse just 2. 7 miles from the home. Seller financing options available for qualified buyers, this rare offering provides the opportunity to own a storied property where luxury and serenity converge. Additionally, this home is can also be sold fully furnished, offering a truly turnkey experience.
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Our Executive Mortgage Banker:
Our Insurance Division:
$4,000,000
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 | $3,200,000 | $3,200,000 | $3,200,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.125% | 6.250% | 6.000% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.371% | 6.348% | 6.182% |
Monthly Tax Payment | $2,837 | $2,837 | $2,837 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $19,444 | $19,703 | $27,003 |
Total Monthly Payment | $22,406 | $22,665 | $29,965 |
* 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.