Under contract-accepting backup offers. New and Improved Price! Welcome to your dream retreat in the exclusive Hidden River community, Sarasota’s only aviation and equestrian gated community. This stunning ranch-style property spans an impressive 5 acres, offering a serene and private lifestyle for both aviation enthusiasts and animal lovers. As you approach this exquisite home, you’ll be greeted by a charming front porch featuring a cozy fire pit, perfect for relaxing evenings under the stars. Step inside to discover a beautifully designed 3-bedroom, 2-bathroom residence with a thoughtful split floor plan. The interior of this home is a masterpiece, showcasing cathedral ceilings with exposed wood beams that add warmth and character to the living space. The living room is complete with a wood-burning fireplace, creating a cozy ambiance for gatherings. The large, spacious kitchen is a chef’s delight, equipped with granite countertops and a convenient pocket window above the sink, providing easy access to the pool area. Enjoy your meals in the elegant formal dining room or the inviting breakfast nook adjacent to the kitchen. The yard is a haven of natural beauty, enclosed with fencing and adorned with large trees, ensuring privacy and tranquility. The expansive pool deck offers ample space for entertainment and relaxation, where you can savor the stunning views of your lush property. For your convenience, the home includes a 2-car garage, electric gate and an in-home front loader washer and dryer. Beyond the main residence, equestrian enthusiasts will find a perfect concrete barn complete with four stalls, enclosed feed room, bathing room, a fenced pasture, and a corral for horses or cows. Hidden River’s unique features include platted taxiways throughout the subdivision, leading to a 2, 640-foot paved and lighted runway, making it a paradise for aviation aficionados. Additionally, just 5 minutes away, you’ll discover the stunning high-end Terra Nova Equine Center, where you can enjoy participating in or watching top horse competitions. This property is not in a flood zone and is ideally located near the take-off and landing strip, offering the perfect blend of luxury, comfort, and functionality. Don’t miss the opportunity to call this extraordinary ranch-style retreat your home. ¤ Please see 3D Tour and Video ¤
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Our Executive Mortgage Banker:
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$859,000
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 | $687,200 | $687,200 | $687,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.750% | 6.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.333% | 6.876% | 6.936% |
Monthly Tax Payment | $398 | $398 | $398 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,457 | $4,457 | $6,081 |
Total Monthly Payment | $4,947 | $4,947 | $6,571 |
* 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.