Under contract-accepting backup offers. Experience the pinnacle of modern living in this stunning residence nestled within the sought-after community of Arbor Lakes on Palmer Ranch! Built by Taylor Morrison, this 2, 672 sqft home boasts 4 bedrooms and a stylish glass-enclosed office, offering both functionality and sophistication. Downstairs, you'll find the large primary suite with 2 walk in closets, dual sinks, granite counters and a large walk in shower and garden tub, as well as the half bathroom and laundry room. Upstairs, a versatile loft area accompanies 3 bedrooms and an office, which is currently set up as an additional bedroom, and two baths, providing ample space for relaxation or privacy for your guests. Step into your own private oasis with a heated saltwater pool and spa, complete with a sun shelf for basking in the Florida sun, and a beautiful travertine pool deck that sets the stage for outdoor entertainment. Inside, discover the incredible kitchen equipped with newer Viking appliances, soft-close shaker style cabinetry with pull out shelving, quartz countertops, and a classic subway tile backsplash. PGT Hurricane impact windows upstairs and sliding glass doors downstairs provide peace of mind for any Floridian. Multiple closets have been outfitted by Closets by Design and ensure ample storage space. A water softener system adds a touch of luxury throughout, while the fenced backyard with custom landscaping and huge covered lanai overlooking the tranquil pond offer a serene retreat from the everyday hustle and bustle. Additional features include a hybrid electric/gas heater for the pool, an epoxy garage floor with storage racks, a paver expanded driveway for convenient guest parking, and rain gutters! From the beautifully landscaped exterior to the thoughtfully designed interior, every detail of this home exudes sophistication and style. Discover the perfect blend of resort-style amenities with the luxurious pool and spa, splash park, covered pavilion with 2 grill stations, wet bar and restrooms, basketball and sand volleyball courts, pirate-themed playground, fire pit and community dog park. . . all with NO CDD FEE and a LOW HOA fee! Siesta Key is just 6 miles away offering one of the best beaches at your disposable in under 20 minutes, while also being within the coveted school district of Ashton Elementary, Sarasota Middle & Riverview High. Convenience is paramount with easy access to I-75, putting Downtown Sarasota, Lakewood Ranch, Venice, and other nearby cities just minutes away. Enjoy a plethora of retail therapy and dining options, with Costco, Target, Publix, Walmart Neighborhood Market, Ace Hardware, Home Depot, Lowe's, Kohl's, and a variety of restaurants like Gecko's, Chili's, Miller's Ale House, Chic-fil-A, Panera Bread, Starbucks, and First Watch all within a mere 3-mile radius. Don't miss your chance to experience the epitome of community living at Arbor Lakes! Schedule your tour today and make this your new home sweet home! Bedroom Closet Type: Walk-in Closet (Primary Bedroom).
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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 | $732,000 | $732,000 | $732,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.375% | 6.375% | 6.375% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.254% | 6.510% | 6.579% |
Monthly Tax Payment | $464 | $464 | $464 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,567 | $4,567 | $6,326 |
Total Monthly Payment | $5,123 | $5,123 | $6,882 |
* 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.