21 & 25 Lands End LANE, Siesta Key, FL, 34242 | $16,000,000

Rarely available!

A rare jewel is now available: It's all about the view and the location. This Beachfront & Bayfront Estate Size Home Site for your dream residence or family compound is now available. . . . . . . This prime homesite (10 minutes to downtown) offers unparalleled vistas of the glistening waters, downtown Sarasota, and Bird Key and Lido Key from its expansive 120-foot frontage of private beach, bay, and pass frontage. This exclusive property is among the few that capture downtown views on the NORTHERN TIP of SIESTA KEY and presents an extraordinary opportunity to own a piece of Siesta Key's most prestigious bayfront locations. This unique offering combines two properties into one expansive estate-family compound featuring breathtaking waterfront views, direct beach access, a deepwater boat dock on Big Pass, and 2 protected boat slips on Bayou Louise. It provides a canvas for a dream home nestled in a secluded enclave of private luxury homes. With its significant land size of almost ¾ acres and prime location, it represents a rare blend of sophistication and coastal living in paradise. This is an unparalleled opportunity to create a bespoke estate in a neighborhood known for its exclusivity and high real estate values.

Features

  • Rooms: 3
  • Bedrooms: 6
  • Baths: 7 full
  • Laundry: Other
  • Style: Custom
  • Year Built: 1966
  • Garage: 4-car Driveway, Garage Door Opener
  • Heating: Central, Electric
  • Cooling: Central Air, Zoned
  • Approx Sq. Feet: 5,060
  • Acreage: 0.74
  • Est. Taxes: $35,381
  • View: Water
  • Elem. School: Phillippi Shores Elementary
  • Middle School: Brookside Middle
  • High School: Sarasota High
  • Pool: In Ground, Screen Enclosure
  • Pet Policy: Yes
  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Refrigerator, Washer
  • MLS#: A4601472
  • Days on Market: 263 days
  • Website: https://www.raveis.com
    /eprop/A4601472/21and25landsendlane_siestakey_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 11/21/2024 9:17:07 PM)
Listing courtesy of COLDWELL BANKER REALTY   Phone: 941-383-6411

William Raveis Family of Services

Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.

Customer Service

888.699.8876

Contact@raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

  • Market your home to realize a quick sale at the best possible price
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To learn more about our credentials, visit raveis.com today.

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
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Yokadi MejiaInsurance Sales Director, William Raveis Insurance

561.335.7966

Yokadi.Mejia@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

21 & 25 Lands End LANE, Siesta Key, FL, 34242

$16,000,000

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 $12,800,000 $12,800,000 $12,800,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.625% 6.750% 6.625%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.282% 6.864% 6.810%
Monthly Tax Payment $2,948 $2,948 $2,948
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $81,960 $83,021 $112,383
Total Monthly Payment $85,033 $86,094 $115,456

* 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.