1270 Tree Bay LANE, Siesta Key, FL, 34242 | $3,750,000

One or more photo(s) has been virtually staged. Offering unparalleled privacy and tranquility, this over ½ acre wall-enclosed Siesta Key estate home embodies exclusivity and sophistication. On the market for the first time, this custom-built family home welcomes you through double arched wooden doors to find large open spaces that seamlessly blend timeless charm with modern amenities. On the main living level, you will find a spacious gourmet kitchen that is fully equipped with top-of-the-line appliances, a huge central island and custom-built wood cabinetry. An office/workspace nook with built-in desk and shelving is adjacent to the kitchen, along with a dry bar and laundry room with double washers and dryers, counter space, and extra storage. Just off the kitchen is a formal dining room ideal for hosting dinner parties that oversees a living room boasting with soaring ceilings, wood beams and grand oversized arched windows – creating an ideal space for large gatherings. On the same level you will find a charming arched hallway faced in Tuskegee brick imported from Alabama that leads to an expansive outside terrace with decorative stone railing and stunning views of the property. You will also find two en-suite bedrooms, walk-in closets with direct access to the outside terrace and a powder bath. The primary suite on the third level is a true retreat that exudes European charm in its large sitting room area with French doors leading to a private balcony, separate bedroom space with large walk-in closet, and an en-suite bath with oversized walk-in shower and additional walk-in closet. A small staircase leads to an adorable flex room with built-in storage perfect for a hobby room, quiet study or amazing closet. The ground floor also offers an abundance of space and opportunities (fitness room, game room, craft room, etc. ) and includes a separate entrance. Step outside to find a resort-style set-up with a large cabana and pool surrounded by palm trees and lush landscaping. The outdoor kitchen and gas firepit add to the appeal and make this space great for entertaining and fun adventures around the pool. Beyond the walls you will have access to your very own deeded beach, along with a neighboring premier, full-service, bay front marina.

Features

  • Rooms: 12
  • Bedrooms: 3
  • Baths: 3 full / 1 half
  • Lot Size: 113 x 98
  • Laundry: Inside, Laundry Chute, Laundry Room
  • Style: Mediterranean
  • Year Built: 1980
  • Garage: 4-car Garage Door Opener, Oversized, Tandem
  • Heating: Central
  • Cooling: Central Air
  • Approx Sq. Feet: 4,548
  • Acreage: 0.53
  • Lot Size: 113 x 98
  • Est. Taxes: $15,902
  • Lot Desc: Flood Insurance Required, FloodZone, In County, Landscaped, Near Marina, Oversized Lot, Street Dead-End
  • Elem. School: Phillippi Shores Elementary
  • Middle School: Brookside Middle
  • High School: Sarasota High
  • Pool: Gunite, Heated, In Ground
  • Pet Policy: Yes
  • Appliances: Dishwasher, Disposal, Dryer, Freezer, Microwave, Range, Range Hood, Tankless Water Heater, Washer
  • MLS#: A4605232
  • Days on Market: 180 days
  • Website: https://www.raveis.com
    /eprop/A4605232/1270treebaylane_siestakey_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 9/26/2024 6:06:01 PM)
Listing courtesy of MICHAEL SAUNDERS & COMPANY   Phone: 941-966-8000

William Raveis Family of Services

Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.

Customer Service

888.699.8876

Contact@raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

  • Market your home to realize a quick sale at the best possible price
  • Place up to 20+ photos of your home on our website, raveis.com, which receives over 1 billion hits per year
  • Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
  • Showcase your home on raveis.com with a larger and more prominent format
  • Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology

To learn more about our credentials, visit raveis.com today.

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:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Evelio MirandaInsurance Sales Director, William Raveis Insurance

561.704.7334

Evelio.Miranda@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

1270 Tree Bay LANE, Siesta Key, FL, 34242

$3,750,000

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 $3,000,000 $3,000,000 $3,000,000
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 $1,325 $1,325 $1,325
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $18,228 $18,472 $25,316
Total Monthly Payment $19,678 $19,922 $26,766

* 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.