MOTIVATED SELLER This exquisite residence sits on an exceptional lake lot, a gem within Langley Park! Enjoy an extensive lake vista and breathtaking sunset water views from this beautifully landscaped property with the perfect southern exposure. Within the 2, 688 square feet is the custom great room plan by Neal Signature Homes. This home exudes quality and attention to detail starting at the leaded glass double entrance and designer tile foyer to the open and airy feeling with the wall of sliding glass doors that seamlessly blend indoor and outdoor living as you overlook the lake and its wildlife. Gas fireplace, wet bar, tray ceilings and crown molding add elegance, while custom wood shelving and cabinet built-ins elevate the interior to new heights. The kitchen features custom maple cabinets, stone countertops, a tile backsplash and top-of-the-line stainless steel appliances including two ovens, a Thermador five-burner gas stove, Bosch dishwasher and a matching built-in KitchenAid refrigerator as well as a large closet pantry. The expansive primary retreat offers a tranquil reading cove with a bay window and long lake views. Custom walk-in closets lead the way to a luxurious primary bath with separate vanities, a soaking tub and a walk-through shower with dual shower heads. Additional highlights include two generously sized guest bedrooms with en-suite baths, a den with an L-shaped desk and storage closet, and a large paver lanai with an outdoor kitchen overlooking the pool, spa and the long captivating water view. Completing this desirable home is a two-car garage with a separate golf cart entrance and a paver circular driveway. Ready to enjoy, make this your new home among the natural landscaping and tranquil lakes of University Park, a premier planned community in the Sarasota/Bradenton area. Beyond its gated entrance lies an award-winning enclave, boasting an array of remarkable amenities. Among these are 27 holes of four-star rated golf, eleven illuminated Har-Tru tennis courts, four pickleball courts, a fitness center, croquet facilities and an extensive network of tree-lined avenues, ideal for strolls or invigorating bike rides. University Park is conveniently just a distance from the University Town Center, known for its upscale shopping and dining choices. It's also just a few minutes from downtown Sarasota and the stunning white sandy beaches. The SRQ airport is a short distance away.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,150,000
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 | $920,000 | $920,000 | $920,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.625% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.282% | 6.762% | 6.036% |
Monthly Tax Payment | $702 | $702 | $702 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $5,891 | $5,891 | $8,078 |
Total Monthly Payment | $6,718 | $6,718 | $8,905 |
* 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.