Nestled within the prestigious Bay Isles Harbor Section community, this residential masterpiece, crafted by luxury home builder Murray Homes, epitomizes waterfront luxury living. Boasting five bedrooms and nearly 7, 000 square feet of meticulously updated interiors and exteriors, this private sanctuary embraces the boater's lifestyle. This residence captivates with stunning views of Sarasota Bay, where tranquil sailboat-deep waters and lush Mangroves create a picturesque setting. A true boater's dream, the property features a newly installed 30' dock, a 10, 000-lbs. lift (both added in 2022), and a seawall constructed in 2008, ensuring seamless access to the bay's sparkling waters. Approaching the home, you are greeted by a grand entrance, courtesy of the winding circular pavered driveway and the majestic arched 12' entry. Recently updated landscaping and lighting add to the allure, while the freshly refaced exterior exudes timeless charm. Step inside to discover a seamless fusion of contemporary design and coastal elegance. European oak hardwood flooring flows throughout, complemented by designer Hardware Restoration light fixtures. Most recent updates include fresh neutral painted walls and ceilings (with coffered and tray details), newer railings, electronic shades, and upgraded air-conditioning systems that ensure modern comfort and convenience. The heart of the home unfolds with oversized impact windows and glass French doors with transom cutouts inviting natural light and serene water views indoors. The main living area, adorned with a gas fireplace flanked by built-ins, seamlessly transitions to the dining room. Steps away, the chef's kitchen is a culinary haven boasting quartz countertops, refaced cabinetry, and professional-grade appliances, including a gas cooktop and three dishwashers. Two oversized islands and beautiful floating shelves add both functionality and style to this gourmet space, while the open layout encourages effortless entertaining. Retreat to the primary suite, a secluded oasis conveniently located on the main level. With its gas fireplace, adjacent sitting room, and direct access to the patio, this sanctuary offers the ultimate in relaxation. The spa-inspired quartz bathroom, adorned with solid wood and stone accents, epitomizes modern sophistication. On the upper level, four generously sized bedrooms, each with its own en-suite bathroom, offer privacy and comfort for family and guests. Additionally, a gym provides the perfect space for fitness enthusiasts to stay active. Outdoor living takes center stage with a waterfront oasis that exceeds expectations. An open pavered deck, heated saltwater swimming pool with infinity edge, raised spa, covered sitting areas, and a fully equipped summer kitchen with a fireplace invite you to unwind and soak in the beauty of the bay. The oversized four-car garage provides plenty of additional storage options and includes the bonus of a golf simulator to perfect your stroke. Bay Isles residents enjoy exclusivity at the Bay Isles Beach Club, offering deeded access to a private beach just a sunny walk or bike ride away. Indulge in ultimate relaxation at the prestigious Longboat Key Club nearby. Membership options are available for purchase separately. Combining unmatched luxury with a coveted waterfront lifestyle, this waterfront residence sets a new standard for coastal living.
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William Raveis Mortgage, LLC
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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 | $6,399,200 | $6,399,200 | $6,399,200 |
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 | $4,642 | $4,642 | $4,642 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $40,975 | $40,975 | $56,185 |
Total Monthly Payment | $45,742 | $45,742 | $60,952 |
* 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.