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Under contract-accepting backup offers. For the most discriminating buyer, when only the best will do, this home is for you! Situated on one of the largest and nicest lots in the neighborhood, this thoughtfully designed Lee Wetherington River Wilderness home features open concept living and showcases elevated finishes throughout. The split floorplan provides privacy for both the owner and guests. This seller has spared no expense in creating and designing a home that is state of the art in technology, safety, beauty and green certified (please refer to the mls attachments for all the green features in this home!) From the moment you enter through the CUSTOM HIGH TECH FRONT DOOR (changes from opaque to transparent upon approach), you will be dazzled as you take in the luxurious accent walls, custom window treatments, consistent porcelain plank floors throughout, entertainment bar with Subzero wine cooler, ice maker and beverage cooler and the EXPANSIVE BACKYARD VIEW. Step into the kitchen, a culinary enthusiast’s dream, with custom cabinets, GAS WOLF COOKTOP, GE Cafe appliances and oversized CAMBRIA center island. The custom lighting throughout adds a touch of elegance that glimmers like fine jewelry throughout the home. This home has more weather protection than most - the windows and doors (except front door) are all impact resistant. In addition, there is automated hurricane protection on both entry points at the front (automated roll down screen on porch and front door has electric metal shutter) and on the lanai. In addition, A WHOLE-HOUSE GENERATOR provides peace of mind during weather events. The large lanai features one of the largest HEATED SALT-WATER pools in the neighborhood with an oversized spa and an outdoor kitchen with a gas grill. The firepit that adjoins the spa and the outdoor Sonos entertainment system, complete with lawn speakers, creates an ambiance that will mesmerize your guests. The THREE-CAR OVERSIZED GARAGE (25'8" x 28') features custom lockers for ample storage, an epoxy floor and an extra storage room. The tankless gas water heater provides hot water on demand. The Cypress Glen HOA fee provides maintenance free lawncare that includes irrigation, fertilization, pruning and mowing. RW is an established community with winding, tree-lined streets with tall oaks and mature landscaping. Walkers, bikers and neighbors walking their dogs set the scene for an active and social community. The Club offers golf, tennis, social activities, pickleball, pool and more. Boat and RV storage in community. For the nature lovers, there are hiking trails and abundant wildlife. There are two 24-hour manned gates. CLUB MEMBERSHIP IS OPTIONAL. Golf and dining is open to the community. There is a COMMUNITY BOAT RAMP that is open to the entire community and provides direct access to the Manatee River. RW is PERFECTLY LOCATED! Strategically positioned between St. Pete and Sarasota, access to 2 airports (45 min. ) several hospitals are available to the north and south. Ft Hammer Park located on the beautiful Manatee River is just minutes south of the front gate and features a boat ramp, fishing pier plus picnic pavilion. Lakewood Ranch and Sarasota are nearby where fine dining and shopping are within easy reach. The Ellenton Outlet Mall offers designer brands at discount prices and is only 10 min away. A new shopping complex offers a new Lowes, grocery and retail stores, gym and pet store. WASHER AND DRYER DO NOT CONVEY.
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Our Executive Mortgage Banker:
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$650,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $520,000 | $520,000 | $520,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.500% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.108% | 7.063% | 6.152% |
Monthly Tax Payment | $440 | $440 | $440 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,287 | $3,416 | $4,353 |
Total Monthly Payment | $3,819 | $3,948 | $4,885 |
* 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.