Under contract-accepting backup offers. Privately set within the exclusive Lake Club and masterfully built by John Cannon Homes, this meticulously crafted Spanish Revival style home seamlessly blends timeless elegance with modern comfort. Boasting three bedrooms and three bathrooms, the residence exudes a warm ambiance accentuated by the rich allure of wood floors that flow through the main living areas. The heart of the home lies in the country-style kitchen with Wolf and Subzero appliances, farm sink and large center island. Primary bedroom is a serene retreat featuring tray ceiling, sitting area, plantation shutters, glass door access to lanai, two spacious walk-in closets, en suite bathroom with oversized frameless glass double entry walk-in shower, double vanities, private water closet, and linen closet. Two guest rooms are each en suite, offer walk-in closets, and have slider access to a shared private courtyard. Beyond the interiors, an inviting outdoor oasis awaits, featuring a brand new outdoor kitchen (2024) for alfresco dining, a refreshing saltwater pool and spa, all set against the backdrop of a serene lake and picturesque preserve. The home's location on a tranquil cul-de-sac ensures privacy, complemented by a charming exterior that captures the essence of Spanish Mission architecture. Highlights of this magnificent residence include impact glass, saltwater pool and spa, volume ceilings, impressive office space with 13 ft. ceiling, bonus room, solid core doors, crown moldings, and much more. Within the Lake Club’s gated community, residents are treated to a wealth of amenities including a grand clubhouse, resort-style pools, fitness center, tennis courts, walking trails, and a calendar full of social activities, creating a lifestyle that is as luxurious as it is vibrant. In this exquisite residence, you'll discover the epitome of Florida living, where elegance and comfort merge seamlessly with the allure of The Lake Club's resort-style amenities. Lakewood Ranch is the best-selling multi-generational community in the USA near world-class dining, shopping, beaches, and A+ schools.
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,450,000
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 | $1,960,000 | $1,960,000 | $1,960,000 |
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 | $1,333 | $1,333 | $1,333 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $12,550 | $12,550 | $17,209 |
Total Monthly Payment | $14,008 | $14,008 | $18,667 |
* 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.