29115 Teramo WAY, Naples, FL, 34110 | $4,999,000

Located in the beautiful Mediterra Country Club - GOLF MEMBERSHIP AVAILABLE IMMEDIATELY! NEWLY RENOVATED PRIVATE BEACH CLUB! - Located in the Teramo neighborhood of Mediterra, this stately home offers spectacular curb appeal from the intricate paver motor court, leading you into the opulent gallery foyer of this extraordinary estate built by McGarvey Homes, overlooking a shimmering lake & the 6th hole of the North course—the elegant formal living room with high seamless windows & double-sided gas fireplace. Soaring ceilings with coffered & tray detail, crown moldings, and custom stone flooring are found throughout the main living areas. The beautiful chef's kitchen has abundant white wood cabinetry, Viking & SubZero appliances & white LED-illuminated quartz countertops gracing the kitchen, and an adjacent wet bar. The lavish formal dining room with built-in wine storage and French doors opening to a private courtyard allows effortless entertaining opportunities. The primary suite is a luxury retreat with eye-catching wood floors, a sunlit sitting area, French doors opening to the pool, a morning coffee bar & an expansive master bathroom providing dual vanities, a walk-in shower, and a separate tub. Relax on the generously sized lanai that offers both an open-air sun deck surrounding the custom pool & spillover fountain spa and a covered, screened-in outdoor living area boasting a fully equipped summer kitchen with a built-in gas grill, cozy seating around the gas fireplace, and casual dining options. This grand estate offers countless custom appointments, upgrades & a home generator. Mediterra is a prestigious luxury golf & country club community featuring Two championship Tom-Fazio golf courses for avid golfers, a private beach club with restaurant & bar, multiple tennis courts, pickle-ball & bocce, fitness center, pristine bike & jogging trails, and luxurious dining at the private country club restaurant. The Mediterra Beach Club offers an escape to a 10, 000 sq. ft two-story private oceanfront paradise on the Gulf of Mexico. Featuring a restaurant & bar that serves members via indoor & outdoor dining, this private facility boasts a heated swimming pool, a sundeck, and cabana beach service for chairs, umbrellas & refreshments.

Features

  • Amenities: Basketball,Beach - Private,Beach Access,Beach Club Available,Bike And Jog Path,Bocce Court,Business Center,Clubhouse,Community Park,Fitness Center Attended,Internet Access,Pickleball,Play Area,Private Beach Pavilion,Private Membership,Putting Green,Restaurant,Shopping,Sidewalk,Streetlight,Tennis Court,Underground Utility,Volleyball
  • Bedrooms: 4
  • Baths: 4 full / 1 half
  • Style: 1 Story/Ranch
  • Development: MEDITERRA
  • Year Built: 2006
  • Garage: 4-car Attached
  • Heating: Central Electric
  • Cooling: Ceiling Fans,Central Electric,Zoned
  • Approx Sq. Feet: 5,300
  • Acreage: 0.79
  • Est. Taxes: $27,861
  • Master HOA Fee: $11,558
  • Lot Desc: Oversize
  • View: Lake
  • Community Type: Gated,Golf Course,Tennis
  • Water Front: Yes
  • Private Pool: Yes
  • Pet Policy: No Approval Needed
  • MLS#: 224068572
  • Website: https://www.raveis.com
    /eprop/224068572/29115teramoway_naples_fl?source=qrflyer
Copyright © 2024  The source of this real property information is the copyrighted and proprietary database compilation of the Southwest Florida MLS organizations Copyright Southwest Florida MLS organizations. All rights reserved.
Courtesy of Weekly Realty Group, LLC

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

Our Executive Mortgage Banker:

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29115 Teramo WAY, Naples, FL, 34110

$4,999,000

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 $3,999,200 $3,999,200 $3,999,200
Term 360 months 360 months 180 months
Initial Interest Rate** 6.625% 6.750% 6.625%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.282% 6.864% 6.810%
Monthly Tax Payment $2,322 $2,322 $2,322
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $25,607 $25,939 $35,113
Total Monthly Payment $28,054 $28,386 $37,560

* 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.