1516 Lanco STREET, Port Charlotte, FL, 33952 | $529,000

HIGH AND DRY !!!! This stunning 5-bedroom, three-bath pool home, nestled on nearly half an acre in sunny Port Charlotte, embodies the relaxed charm of Florida living. With two spacious master suites, a formal living room, and a large family room featuring a cozy fireplace that's perfect for those chilly mornings when they happen, and built-ins, this home offers a perfect balance of comfort and sophistication. The updated kitchen sparkles with Stone countertops with quartz and petrified wood in the stone! One of a kind! Stainless steel appliances including a Samsung Convection range with a Pot Filler above the cooktop, a Fisher & Paykel double drawer dishwasher (wash a small load or a huge load), ultra quiet Insinkerator Disposer and countertop Glass Rinser! Wood cabinets, and a movable island round off the area—ready for you to whip up your favorite tropical recipes. Crown molding, indirect lighting, and a bladeless fan add modern touches, while the coffee bar with a wine refrigerator, sink, and instant hot water dispenser is a beach lover’s dream for entertaining. Large built in wine rack and bar in the family room.
Step outside through sliding glass doors onto the 13x38 tiled lanai, where the refreshing saltwater pool awaits—ideal for cooling off on a warm Florida day. The pool has a Jacuzzi High efficiency variable speed pool pump with sand filter. (no more paper cartridges all the time!) The saltwater generator keeps the water balanced so all you need to do is vacuum occasionally.
The hidden fenced backyard has room for all your outdoor passions, including a 40 by 70 paved parking area for space for a motor home, watercraft, or outdoor hobbies. Home business professionals can park their truck back there without any restrictions! Storage shed includes a 54" cut lawn tractor! The oversized garage has room for two SUV's or less, has walls of cabinetry to store whatever you need to, and overhead shelves as well. Pull down staircase for over the garage attic storage can hold those items you need to get out of the way till later! There is a GE 9500 electric start generator that also stays with the house.
A/C units are high seer efficient units (with UV) still under warranty! They are controlled by two Nest thermostats mounted on the wall or simply with your phone, so if you are out of town or still in bed too warm, changing the temperature for your comfort only takes a second. Also programmable to a set schedule.
Indoor laundry with lots of cabinets includes Samsung Steam washer and dryer that work perfectly! Built in ironing board to touch up those dressy outfits prior to your entertaining! Water heater is under 2 years old!
Lush landscaping and a tranquil water feature in the front yard bring the tropical feel home, while solar-lighted driveway markers add a welcoming glow.
Whether you're hosting a poolside BBQ or enjoying a peaceful evening under the stars, this home captures the essence of Florida living at its finest.

Features

  • Rooms: 10
  • Bedrooms: 5
  • Baths: 3 full
  • Laundry: Electric Dryer Hookup, Inside, Laundry Room, Washer Hookup
  • Style: Ranch
  • Year Built: 1983
  • Garage: 2-car
  • Heating: Central, Electric
  • Cooling: Central Air
  • Approx Sq. Feet: 2,892
  • Acreage: 0.46
  • Est. Taxes: $1,832
  • Lot Desc: In County, Landscaped, Oversized Lot
  • Pool: In Ground
  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Kitchen Reverse Osmosis System, Microwave, Range, Range Hood, Refrigerator, Washer, Wine Refrigerator
  • MLS#: D6138306
  • Days on Market: 38 days
  • Website: https://www.raveis.com
    /prop/D6138306/1516lancostreet_portcharlotte_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 11/22/2024 8:32:09 PM)
Listing courtesy of KELLER WILLIAMS ISLAND LIFE REAL ESTATE   Phone: 941-254-6467

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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

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  • Is available to meet with you in our office, your home or office, evenings or weekends
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1516 Lanco STREET, Port Charlotte, FL, 33952

$529,000

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 Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $423,200 $423,200 $423,200
Term 360 months 360 months 180 months
Initial Interest Rate** 7.000% 6.990% 6.250%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.477% 7.159% 6.498%
Monthly Tax Payment $153 $153 $153
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $2,816 $2,813 $3,629
Total Monthly Payment $3,061 $3,058 $3,874

* 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.