3527 W Forest Lake DRIVE, Sarasota, FL, 34232 | $1,175,000

Under contract-accepting backup offers. Don’t miss your chance to snag this incredible lakefront opportunity in the highly sought-after Old Forest Lakes neighborhood! Lovingly maintained over the years, it has undergone several key improvements, ensuring it’s move-in ready while also providing a canvas for future expansion. As you step inside you will appreciate the hardwood and tile flooring throughout and the cozy carpeting in the bedrooms. The kitchen is just off the foyer where you can find upgraded stainless steel appliances, sparkling fixtures, and plenty of cabinet and counter space to create your next culinary masterpiece! Opposite the foyer, you'll discover three generously sized bedrooms and two beautifully appointed bathrooms, ensuring ample space for both family members and overnight guests. The primary bedroom, with its expansive layout, will soon become your sanctuary. It boasts a large walk-in closet, a convenient vanity area for getting ready, and an attached en-suite bathroom featuring a soothing walk-in shower—perfect for unwinding after a long day. The great room is the prime spot for everyday living with two dining areas nearby, while the inviting lanai just off the back offers a seamless transition to outdoor entertaining. Here, you can relax by your pristine pool taking in the tranquil views of the serene lake beyond. Whether you’re hosting a summer barbecue or simply enjoying a quiet evening under the stars, this outdoor space is sure to become your personal oasis! Additionally, a spacious den area attached to the already massive 2-car garage offers endless possibilities. It’s a versatile space that can easily be modified to suit your needs, whether you’re a hobbyist, in need of extra storage, or considering the addition of a guest house or bonus garage. Nestled in an ideal location within proximity to both downtown and the pristine shores of Siesta Key, this established community is known for its sprawling lot sizes, each offering an acre or more of lush, green space. The neighborhood’s roads wind through a canopy of majestic oak trees, creating a serene and picturesque setting that feels miles away from the hustle and bustle of city life. This is your chance to become part of this vibrant community, where the old-world ambiance meets modern luxury. Call today to learn more and schedule a tour before it's gone!

Features

  • Rooms: 10
  • Bedrooms: 3
  • Baths: 2 full
  • Laundry: Inside, Laundry Room
  • Style: Florida, Traditional
  • Year Built: 1962
  • Garage: 2-car Driveway, Workshop in Garage
  • Heating: Central
  • Cooling: Central Air
  • Approx Sq. Feet: 2,000
  • Acreage: 0.97
  • Est. Taxes: $6,081
  • HOA Fee: $250 Annually
  • Lot Desc: In County, Irregular Lot, Landscaped, Oversized Lot
  • View: Pool, Water
  • Elem. School: Wilkinson Elementary
  • Middle School: Brookside Middle
  • High School: Sarasota High
  • Pool: Gunite, In Ground, Screen Enclosure
  • Pet Policy: Yes
  • Appliances: Convection Oven, Cooktop, Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • MLS#: A4621236
  • Days on Market: 53 days
  • Website: https://www.raveis.com
    /eprop/A4621236/3527wforestlakedrive_sarasota_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 11/25/2024 1:47:07 PM)
Listing courtesy of RE/MAX ALLIANCE GROUP   Phone: 941-954-5454

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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

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
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3527 W Forest Lake DRIVE, Sarasota, FL, 34232

$1,175,000

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 Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $940,000 $940,000 $940,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.750% 6.625% 6.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.321% 6.750% 7.038%
Monthly Tax Payment $507 $507 $507
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $6,097 $6,019 $8,318
Total Monthly Payment $6,729 $6,651 $8,950

* 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.