Welcome to an unparalleled luxury experience in The Concession, an elite golf community. This magnificent 9, 100-square-foot waterfront estate, set on a sprawling 0. 78-acre lot, features a four-car garage and redefines opulent living. From the moment you arrive, be prepared to be captivated by the exquisite craftsmanship and attention to detail.
The stunning front yard features water fountains, lush tropical landscaping, and a beautifully paved driveway. As you ascend the steps and enter the grand foyer, the high ceilings and expansive windows reveal breathtaking views of the oversized pool, spa, and water features, framed by mature trees and tranquil lake scenery with no neighboring properties in sight.
Inside, the first floor offers a formal living room with a stately fireplace and a chic circular bar with an adjacent wine cellar. To the right, a formal dining room awaits, while to the left, a sophisticated home office overlooks the meticulously landscaped front yard. The master suite, complete with a sitting area, provides direct pool access and boasts an opulent oversized luxurious bathroom.
Beyond the living room, a breakfast area opens to a family room and chef’s kitchen. This culinary masterpiece features custom cabinetry, a center island, stone countertops, a Wolf 6-burner stove, an oversized Sub-Zero refrigerator with elegant wood paneling, multiple dishwashers and mini-fridges, and top-of-the-line appliances. Additional main-floor amenities include a laundry room, an expansive half bath, a computer room, and a bedroom with a private en-suite bathroom and pool access. The main living areas are adorned with marble flooring, adding to the home’s grandeur.
Ascend via the elevator or the sweeping staircase to the second floor, a 4, 000-square-foot haven. The vast loft space boasts built-in cabinetry and a grand circular wet bar, with views of palm trees, blue skies, and picturesque clouds. A 12-seat luxury theater room, complete with a wet bar, offers the perfect venue for movie nights. Each of the three upstairs bedrooms features its own en-suite bathroom. This level also includes a second office and laundry room. A wrap-around balcony provides panoramic views of the pool, water features, and lake, ideal for enjoying tranquil evenings under the moonlight.
The enclosed outdoor living space is equally enchanting, with an oversized pool, spa, and captivating waterfall feature. Relax on the spacious patio under the lanai, surrounded by serene water and tropical plant views, or entertain at the outdoor station designed for hosting memorable gatherings.
The renowned Concession Golf Club, set to host the World Champion Club in 2024, 2025, and 2028, is just a short walk away. Ideally situated at the end of University Parkway, it provides convenient access to beaches, plus fine dining, shopping, top-rated schools, and medical facilities in Lakewood Ranch and Sarasota.
Schedule your showing today and seize the opportunity to own this breathtaking waterfront estate!
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Our Executive Mortgage Banker:
Our Insurance Division:
$4,990,000
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 | $3,992,000 | $3,992,000 | $3,992,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.250% | 6.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.321% | 6.360% | 6.956% |
Monthly Tax Payment | $3,597 | $3,597 | $3,597 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $25,892 | $24,579 | $35,326 |
Total Monthly Payment | $29,614 | $28,301 | $39,048 |
* 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.