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Significant price reduction makes this one of best values for fully renovated estate home. Discover the home you’ve been waiting for at The Colony Golf & Bay Club. This reimagined 6, 600+ SF masterpiece, situated on a spacious waterfront lot, offers breathtaking panoramic golf course views. Undergoing extensive renovations in 2021 and 2022, the home now features new windows, doors, roof, a remodeled kitchen, seven updated baths, reconfigured rooms, refinished pool and lanai, new HVAC systems, a 64kW whole-house generator, and new lawn, irrigation, and landscaping—creating the feel of a brand-new home.
Designed for refined living and entertaining, this residence offers five ensuite bedrooms, with two on the main level and three upstairs. A grand double-door entry opens to an elegant foyer with an open staircase leading to the second level. Expansive windows reaching to volume coffered ceilings immediately showcase the infinity-edge pool, lake, and golf course views.
The chef’s kitchen is a true showpiece, featuring Wolf and Sub-Zero appliances, tambour walnut wood accent walls, dual islands, hurricane-rated mitered windows, and a hidden walk-in pantry. It seamlessly flows into the oversized family room, where 10Ft Euro-style sliding glass wall opens to the screened lanai with electric hurricane shutters, marine-grade outdoor kitchen and an adjacent open-air pool area. The main level also includes a private primary suite and a VIP guest suite, both with direct pool access. A spacious den/office currently serves as a billiard room.
Upstairs, can be accessed by private elevator and has three additional ensuite guest rooms and a loft area to provide a comfortable retreat or a secondary office space. The three-car garage boasts high ceilings, allowing for lift installation to accommodate additional vehicles. This home remained high and dry during recent storms and is not located in a flood zone.
Residents of The Colony enjoy access to the newly updated private waterfront Bay Club with two levels of dining, as well as Pelican Landing’s exclusive 34-acre private island beach park and pavilion. Additional amenities include a fitness center and a kayak/canoe park. Full Colony Golf membership is available for immediate purchase with this property, skip the waitlist
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$5,999,000
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 | $4,799,200 | $4,799,200 | $4,799,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.125% | 6.625% | 6.500% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.861% | 6.751% | 6.666% |
Monthly Tax Payment | $3,137 | $3,137 | $3,137 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $29,160 | $30,730 | $41,806 |
Total Monthly Payment | $32,422 | $33,992 | $45,068 |
* 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.