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ARTHUR RUTENBERG HOME . . . FORMER MODEL . . . NEW ROOF . . . NEW INTERIOR AND EXTERIOR PAINT . . . HURRICANE DOUBLE-LAYER IMPACT WINDOWS . . . NEW OVEN . . . NEW BAMBOO FLOORING IN GUEST BEDROOMS . . . NEW PRIMARY AREA AC . . . Discover luxury in this Arthur Rutenberg former model home, located in the highly sought-after Woodlands at Rivendell community and award winning Pine View school district. This beautifully maintained home has been thoughtfully updated. It was built with a hip roof design to ensure improved energy efficiency and the lanai screen comes with a 10-year warranty, nylon SPF UV-coated for extra shading. Inside, you’ll find soaring 14-foot ceilings, elegant crown molding and custom-built closets in every room, all designed to provide comfort, convenience and sophistication.
The updated kitchen is a chef’s dream, boasting a new special-sized oven and a convection microwave, along with sleek granite countertops and under-cabinet lighting. The primary bath has been modernized with new rainwater windows, replacing the outdated glass bricks. In the guest room, you’ll appreciate the new bamboo flooring, and the guest/pool bath has been completely remodeled for a fresh, contemporary feel. Two A/C units keep the home comfortable year-round, with the primary unit being only one year old and the second unit nine years old. The home also has well water for irrigation, providing cost-saving benefits while maintaining lush landscaping. Designed for entertaining, this home offers a built-in wet bar, an outdoor kitchen equipped with an integrated entertainment system featuring sound and lighting, and a saltwater pool with a built-in vacuum system. As the only home in the neighborhood, on a lake, with a fully fenced-in yard, this property offers privacy and ample space for pets or outdoor activities. The aquarium windows add a beautiful touch, allowing for scenic views of the surrounding nature. A two-car garage includes a bonus third space, ideal for storage or a second home office or possible in-law suite with private exterior doors. This versatile bonus space presents endless possibilities, from creative uses to accommodating multi-generational living. Backing up to Oscar Scherer State Park, this home offers serene water views and a tranquil setting with direct access to nature trails. The home is situated next to the park, providing an enhanced level of privacy and access to the scenic landscape, while offering picturesque lake views from the property. The home is also located in the award-winning Pine View school district and offers convenient access to Tamiami Trail and I-75, making Sarasota and Venice a short distance away. The Woodlands at Rivendell community is designed to embrace the Florida lifestyle, featuring parks, lakes, a community pool and easy access to the Legacy Bike Trail, all just steps from your front door. This is a rare opportunity to own a beautifully updated home in one of Osprey’s most desirable communities. Schedule your private showing today. All information provided by the sellers is deemed reliable but is not guaranteed. Buyers are encouraged to verify all information independently.
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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 | $880,000 | $880,000 | $880,000 |
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% | 6.739% | 6.560% |
Monthly Tax Payment | $589 | $589 | $589 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $5,347 | $5,635 | $7,605 |
Total Monthly Payment | $6,061 | $6,349 | $8,319 |
* 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.