550 E East Lake ROAD N, Tarpon Springs, FL, 34688 | $3,850,000

ATTENTION: THIS ALL BLOCK BUILT (BOTH FIRST AND SECOND FLOORS!), WITH CEMENT TILE ROOF MASTERPIECE, CAME THROUGH BOTH RECENT FLORIDA STORMS WITHOUT A SCRATCH AND NO FLOODING! THIS FORTRESS IS BULLET PROOF! This spectacular, one of a kind, FULLY FURNISHED Estate offers 12 acres of privacy, security and seclusion! The Estate consists of 2 parcels. The home sits on 5. 61 acres and the adjacent parcel of 6. 39 acres may be kept as is or is already approved for a second estate! Although built in 2000 the exhaustive list of upgrades and renovations makes this a newly remodeled masterpiece! Freshly painted in 2021, the mansion abounds with hand-carved, custom woodwork with tastefully ornate crown moldings, curved archways and exquisite imported chandeliers. The formal living room features a natural gas fireplace, museum quality aquarium and a huge double-pained picture window that affords views of the expansive resort-style pool area complete with spa and surrounded by gas fueled torch monoliths, and premium Leonardo Travertine and built in mosquito repellant system. A comfortable family room is accented with three sets of French doors and includes a welcoming wet bar. All adjacent to an impressive chef's kitchen with marble and stone surfaces and Wolf/Subzero appliances. Off the family area is the state of the art home theater with sound damping materials with a built in sound system and Sony Laser 4k UHD projector which projects onto a HUGE 2: 35 ratio Custom Glass Screen built by Screen Innovations. The theater room houses a complete server rack, PlayStation, Backup power supplies, network switches and full home security DVR system. The house is also fully equipped inside and outside with full Wi-Fi system so you will always be connected to the fastest internet. The DVR can be accessed from your phone while you are home or away so you can always feel safe with this upgraded security system. Additionally, the house is fully equipped with Control 4 Home automation expandable to do anything your heart desires. The north side of the first floor features the impressive master bedroom with its own sitting room and a safe room off one of the master bathrooms. Yes, there are his and hers master bathrooms with massive walk-in closets. The second floor living area features three large bedrooms all with ensuite bathrooms and their own private balconies! The home is minutes from the area's best beaches and the quaint villages of Tarpon Springs, Palm Harbor and Dunedin.

Features

  • Rooms: 10
  • Bedrooms: 5
  • Baths: 6 full / 1 half
  • Laundry: Inside, Laundry Room
  • Year Built: 2000
  • Garage: 3-car
  • Heating: Central
  • Cooling: Central Air
  • Approx Sq. Feet: 7,264
  • Acreage: 12
  • Est. Taxes: $42,238
  • HOA Fee: $850 Annually
  • Lot Desc: Landscaped, Near Golf Course, Oversized Lot, Private
  • View: Trees/Woods
  • Pool: Heated, In Ground, Lighting, Pool Sweep
  • Pet Policy: Yes
  • Appliances: Bar Fridge, Built-In Oven, Convection Oven, Dishwasher, Disposal, Dryer, Freezer, Gas Water Heater, Ice Maker, Microwave, Range, Range Hood, Refrigerator, Washer, Water Filtration System, Water Purifier, Wine Refrigerator
  • MLS#: U8243800
  • Days on Market: 165 days
  • Website: https://www.raveis.com
    /eprop/U8243800/550eeastlakeroadn_tarponsprings_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 11/20/2024 11:32:09 AM)
Listing courtesy of BHHS FLORIDA PROPERTIES GROUP   Phone: 727-799-2227

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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:

  • Is available to meet with you in our office, your home or office, evenings or weekends
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Robert.Reade@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
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    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

550 E East Lake ROAD N, Tarpon Springs, FL, 34688

$3,850,000

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 $3,080,000 $3,080,000 $3,080,000
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 $3,520 $3,520 $3,520
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $19,722 $19,977 $27,042
Total Monthly Payment $23,367 $23,622 $30,687

* 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.