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100, 000. 00 price reduction! Welcome to 1220 Spanish Cay Lane—where luxury waterfront living meets impeccable design. This 2016 custom-built home boasts three bedrooms, three bathrooms, a three-car garage, and over 2, 500 square feet of exquisite space. From the moment you step through the double front doors, you’re greeted by a bright, open living area and stunning water views that set the tone for this magnificent residence. Furnishings may convey.
The gourmet kitchen is a chef’s dream, featuring solid wood, soft-close cabinetry, a walk-in pantry, a wine refrigerator, stainless steel appliances, and a unique moon-shaped granite island perfect for entertaining. Adjacent to the kitchen, the dining area and breakfast bar provide versatile seating options for both casual meals and formal gatherings.
The master suite is a private retreat with serene water views, an oversized walk-in closet, and a spa-like master bathroom. This elegant space includes dual sinks, a private water closet, a luxurious soaking tub beneath a sparkling chandelier, and a spacious dual-entry shower. The second bedroom, in its own private hallway, offers a walk-in closet and an en-suite full bathroom—ideal for overnight guests. The third bedroom also features a walk-in closet and access to the shared pool bathroom. Additionally, a dedicated study provides the perfect space for work or relaxation.
The home’s living areas flow seamlessly to the outdoors, where 90-degree sliding doors lead to a overly spacious lanai. This outdoor oasis features a lounge area, a dining space that comfortably seats twelve, and a fully equipped outdoor kitchen—perfect for alfresco dining and entertaining. Beyond the lanai, a wrought iron fence surrounds the expansive backyard, complete with a pavered seating area designed for enjoying sunsets with a glass of wine.
Boaters will appreciate the 50-foot concrete dock with a 10, 000 lb boat lift, with a new motor and walk-around platform. The dock is equipped with water and electric, and provides quick, 10-minute access to open water—truly a boater’s dream. Boat available for sale as well.
Additional features of this meticulously maintained home include a whole-house generator, storm-rated windows, power shutters, an in-wall pest control system, a transferable alarm system, and fresh interior and exterior paint. Best of all, this property experienced no flooding or damage from recent storms.
Move-in ready and packed with premium features, this home is a must-see. Don’t miss your chance to own a piece of paradise!
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,350,000
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 | $1,080,000 | $1,080,000 | $1,080,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.250% | 6.625% | 6.375% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.898% | 6.739% | 6.560% |
Monthly Tax Payment | $1,539 | $1,539 | $1,539 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $6,650 | $6,915 | $9,334 |
Total Monthly Payment | $8,314 | $8,579 | $10,998 |
* 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.