Stunning lake and golf course views are the backdrop for this contemporary custom estate in the acclaimed Founders Club. Completed in 2023 by John Cannon, this masterpiece offers superb construction quality for your peace of mind. The 5-bedroom, 5-bath + bonus room + office home was lovingly designed for today’s lifestyle. Grand gathering areas transition seamlessly to incredible casual outdoor living spaces. Constructed of concrete block on the first and second stories, this energy efficient estate features video security, impact windows/sliders, a whole home generator, and 5-zone heating/cooling system. Soaring tray ceilings add an airy ambiance, and walls of 10’ pocketing sliders frame heavenly views. The first level features the private owner’s suite, a King guest-suite, an executive office with built-ins that connects to an outdoor terrace, and a large room that opens to a dreamy lanai. The striking gourmet kitchen was thoughtfully designed by a chef to be functional and beautiful. State-of-the-art appliances, natural polished granite counters and timeless white double-stacked cabinets with an extended butler’s area will delight the most discerning. A hidden pantry provides extra storage. The professional-grade Dacor range has simmer capabilities and oversize burners. The massive Dacor refrigerator/freezer is a combined 54” wide. The wine cellar is temperature/humidity controlled and tailor-made for wine enthusiasts. The heart redwood racking and a separate cooling system make ideal storage of your 600 bottles. Luxurious features include designer lighting, solid-core doors, classic engineered hardwood flooring in all main areas and bedrooms, Albrecht custom cabinets throughout, custom closets in all bedrooms, and an elegant designer marble feature wall in the great room. The owner’s retreat is a sanctuary with tray ceilings, serene views, outdoor access, two sizable dressing rooms and a spa inspired bath with walk-in shower, floating tub, and split vanities. The spacious downstairs laundry/utility room offers plentiful pullout drying racks, a large sink, and a second refrigerator. Upstairs is the ideal guest space for privacy with a sunlit living area and balcony with dramatic views, a built-in wet bar, two King guest suites with ensuite bathrooms and a second laundry room. The outdoor living is an oasis with two covered lanais, a heated sparkling saltwater pool/spa, vented outdoor kitchen, and clear-view picture screen. Landscape lighting enhances the home in the evening. This is a rare opportunity to own a custom estate without the multi-year wait on one of the most magnificent homesites in the neighborhood. Priced below today’s reproduction cost. New designer furnishings available separately, if desired. The Founders Club is a beautiful low-density 24/7 guard-gated community with over 700 acres of wetlands and preserve and only 262 homes. The renowned Robert Trent Jones Jr. golf course offers members easy tee times and is one of the only walkable courses in the region. Har-Tru tennis courts, a picnic pavilion, and playground, basketball court, and fitness center are also on site. Residents enjoy easy access to the cultural venues of downtown Sarasota and attractions of Lakewood Ranch. Optional golf/social memberships. Members enjoy a 24/7 fitness facility, stately clubhouse, community events, and a restaurant with picturesque veranda. Come see this exceptional home and discover an extraordinary lifestyle.
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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 | $3,188,000 | $3,188,000 | $3,188,000 |
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% | 6.851% | 6.790% |
Monthly Tax Payment | $2,153 | $2,153 | $2,153 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $20,413 | $20,677 | $27,990 |
Total Monthly Payment | $22,691 | $22,955 | $30,268 |
* 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.