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Experience the thrill of Southwest Florida living in this breathtaking Mediterranean-style waterfront estate that redefines coastal luxury behind the gates of Siesta Isles. Offering 6 bedrooms, 5 full and 2 half bathrooms, and 4, 532 square feet of pure indulgence, this meticulously crafted residence spans an extraordinary 160' x 140' parcel (. 51 acre!)—the largest in the community—and boasts an impressive 160 feet of wide, deepwater frontage along a gulf-access canal. Ideal for boating enthusiasts and avid anglers, the scenic waterway is fortified by riprap and thriving mangroves, blending natural erosion control with instant entry to the Gulf for sunrise fishing trips or sunset cruises. Following Hurricane Ian, the home underwent properly permitted repairs, including a 2023 roof replacement, granting welcome peace of mind. Step inside to discover soaring ceilings and a warm Spanish flair woven through archways, columns, and classic tile work, all illuminated by abundant Florida sunshine. A chef’s dream kitchen awaits on the upper floor, complete with premium appliances and custom cabinetry, while a convenient kitchenette downstairs, a custom elevator for effortless transitions between levels, and an outdoor kitchen overlooking the resort-style pool and spa unlock endless entertaining possibilities. On the pool level, a haven for fun and relaxation features a large bar and pool table, offering an irresistible space for seamless gatherings, poolside enjoyment, and laid-back evenings. Multiple living areas invite you to gather—from the breezy great room to a quiet study perfect for working remotely or unwinding with a favorite book. Retreat outdoors to lounge poolside, host alfresco dinners, or relax in the spa as you watch playful dolphins glide along the canal. Boaters will rejoice in the multiple lifts and ample dock space designed for watercraft of every size, ensuring you can easily embark on a day of island hopping or reel in the catch of the day. Towering palms, lush landscaping, and a secure gated entrance add a feeling of exclusivity, setting the stage for unforgettable memories under the Florida sun. Blending timeless architectural beauty, modern upgrades, and direct access to the mesmerizing Gulf waters, this exceptionally well-priced estate at 18181 Old Pelican Bay Dr. is your gateway to an exhilarating waterfront lifestyle—where every day feels like a vacation, and new discoveries are always just a short cruise away.
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.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$2,999,999
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 | $2,399,999 | $2,399,999 | $2,399,999 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.125% | 6.625% | 6.375% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.861% | 6.727% | 6.560% |
Monthly Tax Payment | $2,534 | $2,534 | $2,534 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $14,583 | $15,367 | $20,742 |
Total Monthly Payment | $17,242 | $18,026 | $23,401 |
* 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.