Stunning lakefront home. Not in a flood zone. Situated in the highly sought-after Arbor Lakes community on Palmer Ranch, this south-facing Waverly model is just steps away from the amenities center. Offering 5 bedrooms, 4. 5 bathrooms, an upstairs great room, a media room, and 4, 657 sq. ft. of living space, this home is ideal for spacious living. The open floor plan features a grand two-story foyer with breathtaking water views as the backdrop. Freshly painted in December 2020, the exterior shines, while the outdoor kitchen and serene water views create the perfect setting for entertaining. First floor master bedroom with tray ceiling, water & views, walk in closets & en-suite bathroom. Separate garden tub / walk in shower. The first level boasts new wide-plank porcelain tile flooring with a wood-look finish, adding a modern touch. Additional upgrades include an extended driveway, a 4-foot iron-look aluminum fence, a Tesla charger & an ultra violet light system for the HVAC. The gourmet kitchen features dual ovens, gas range cooking, a stylish backsplash, large pantry, breakfast nook, island seating & abundant counter and cabinet space. Formal dining room and large living room with coiffered ceiling and oversized high velocity fan. There is a versatile under-the-stairs closet, serving as extra storage or a cozy spot for pets.
Located in an A+ school district, Arbor Lakes on Palmer Ranch is minutes from the world-renowned beaches of Siesta Key. Easy commuting, minutes to I-75. The community offers fantastic amenities such as a dog park, basketball court, pool, beautiful pavilion with grills, playground, and splash park—making it the perfect place for families. Arbor Lakes, since it's inception has never lost power during a storm.
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Our Executive Mortgage Banker:
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$1,129,000
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 | $903,200 | $903,200 | $903,200 |
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% | 6.851% | 6.790% |
Monthly Tax Payment | $854 | $854 | $854 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $5,783 | $5,858 | $7,930 |
Total Monthly Payment | $6,762 | $6,837 | $8,909 |
* 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.