Under contract-accepting backup offers. Welcome to an exquisite 3, 613 sqft New Construction home nestled near a highly coveted and sought after location in Sarasota. Built by M&J Pham Development, this residence offers unparalleled combination of complete sophistication and unbeatable location, designed for livable luxury. The warm and inviting palette is both trend-forward and timeless. Don’t miss a wonderful opportunity to make this standout of a home your own. As you enter, you will be greeted by soaring 2 story great room with stunning 24 ft high ceilings, featuring custom millwork and adorned with fixtures that cast a cozy glow throughout. The large 10 ft glass sliding doors offer an unobstructed view of the gorgeous heated pool and lanai area just beyond. Stepping into the outdoors you'll find a patio laid in shellstone interlocking pavers and exotic brazilian walnut wood in the ceilings. The custom summer kitchen by American Outdoor Cabinets and cabana bathroom provide the necessities for an idyllic setting for private and memorable outdoor gatherings. An exterior spiral staircase leads to another generous covered patio designed for savoring the breathtaking sunsets, sunrises, and refreshing breezes. The Kitchen located off the great room is crafted to make every moment- and meal- something to remember. The contemporary and elegant kitchen is complete with top-of-the-line white GE Cafe appliances accented in chic brushed gold, floor to ceiling cabinetry, a central island with stunning quartz waterfall edges. Dual swinging doors open to a butler pantry featuring an additional sink and dishwasher. A Professional Range, double wall ovens, temperature controlled wine fridge, two washing stations and the natural light flooding in from the butler's pantry is a culinary enthusiasts dream for hosting with elegance and comfort. The primary bedroom of this home is a true sanctuary, offering a bright and serene shelter. The master bathroom is carefully presented for total relaxation. Featuring a soaking tub, dual vanity sinks, and an oversized walk in shower. The large format Calcutta Gold tile tied-in with the high-end fixtures define distinctive elegance. The spectacular wardrobe organized by California Closets add to the premium master suite. Rich softness and the enchanting gold palette have transformed a classic silhouette into something entirely new. As you ascend the grand staircase to the 2nd level living quarters, 3 bedrooms await you. Each considerate sizes, with finished walk-in closets and dedicated en-suites. The 3rd suite features its own private lanai perfect for seeking solitude, for those moments when only the coziest place will suffice. The 2nd level is the perfect layout poised to create extra space for guests anytime. Additional features include an expansive 3 car garage, Hurricane impact doors and windows, along with a large laundry room and separate dropzone off the garage, and bonus room perfect as an office or playroom complete all the accommodations needed for present day conveniences. A two minute leisurely stroll to Southside Village or 10 minute bike ride to Downtown, the location has it all. This beautifully curated, captivating home has all the inviting features and supreme character that encompasses the wonder of a home uniquely yours.
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Our Executive Mortgage Banker:
Our Insurance Division:
$4,200,000
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 | $3,360,000 | $3,360,000 | $3,360,000 |
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 | $576 | $576 | $576 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $21,514 | $21,514 | $29,501 |
Total Monthly Payment | $22,215 | $22,215 | $30,202 |
* 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.