Experience the essence of luxury living in University Park, where every turn reveals breathtaking natural beauty. Nestled within the exclusive Hyde Park Neighborhood—a secluded cul-de-sac of just 12 homes centered around a charming gazebo—this Neal-built Fairfield II model embodies elegance and tranquility. Featuring four bedrooms, three bathrooms, and a suite of refined features, this residence effortlessly combines sophistication with comfort.
A pavered driveway leads to the side-entry, two-car garage, thoughtfully designed with ample built-in storage. From there, lush landscaping guides you to the stately double-door entrance, accented by elegant leaded glass details. Step inside to discover 18” diagonally set tiles, soaring ceilings, a mantled fireplace with a hearth, and rich crown moldings throughout. The formal dining room is a showpiece, adorned with a striking chandelier, honeycomb shades, and sliding doors that open to an expansive lanai, where an inviting pool overlooks a serene waterway.
The heart of this home is its gourmet kitchen, a chef’s paradise outfitted with generous granite countertops, multiple prep areas, an inviting center island, and classic ivory cabinetry. The kitchen includes premium appliances, including a new Thermador refrigerator and dishwasher, a gas cooktop, built-in oven, and microwave, complemented by a walk-in pantry. The kitchen seamlessly flows into the light-filled family room, where sliding doors lead out to the pool area, creating an ideal space for gatherings or quiet relaxation.
Retreat to the luxurious primary suite, featuring a tranquil sitting area, two custom closets, and a spa-inspired bathroom. With dual granite-topped vanities, a brand-new walk-in shower, marble flooring, and a private water closet, this space is designed for indulgence. Each guest bedroom offers privacy and comfort, with full bathrooms, while an additional bedroom with direct pool access can serve as an office or study.
Embrace Florida’s outdoor lifestyle on the expansive pavered lanai, perfect for sunbathing, cocktail hour, or al fresco dining. The expansive pool invites endless relaxation, and with a convenient gas hookup, a summer kitchen can be designed and built to your specifications—perfect for creating an ideal space for outdoor culinary adventures. All this, paired with an idyllic lake view, makes outdoor living unforgettable.
University Park, now a resident-owned community, features a 27-hole award-winning golf course, premier tennis courts, and the Park Grill for refined dining. Conveniently located near downtown Sarasota, UTC Mall, and a vibrant array of social activities, this property is a true gem of Florida luxury living. With a new roof installed in 2015, this exquisite home offers both elegance and peace of mind for years to come.
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William Raveis Real Estate
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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 | $1,260,000 | $1,260,000 | $1,260,000 |
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 | $991 | $991 | $991 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $8,068 | $8,068 | $11,063 |
Total Monthly Payment | $9,184 | $9,184 | $12,179 |
* 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.