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Welcome to your own private retreat on one of the most desirable and peaceful streets in Pelican Pointe. Enjoy stunning lake and fountain views from this spacious Monterey home, complete with a NEW ROOF (April 2025)! Featuring THREE PRIVATE SUITES, this home is perfect for both everyday living and hosting guests. The expansive Primary Suite offers comfort and elegance, while the 2-bedroom Guest Suite and an additional Bedroom Suite with direct pool access provide privacy and flexibility. Designed for effortless INDOOR-OUTDOOR LIVING, the home boasts five sets of sliding doors that open to a large, screened lanai with HEATED POOL, perfect for lounging, dining, or grilling in the sun or shade. Soaring ceilings, fresh interior paint, a well-appointed kitchen, and spacious living areas make this home feel both bright and welcoming. Such a GREAT LOCATION! Pelican Pointe is just minutes from beautiful beaches, shopping, dining, and the charming historic district of Venice. This award-winning gated community offers low-maintenance living with a reasonable HOA that includes lawn care, irrigation, cable TV, internet, and a social membership to the full-service clubhouse with a restaurant and bar. Additional amenities include a heated lap pool, tennis and pickleball courts, a full calendar of activities and events, and more! Love to golf? The 27-hole championship course winds through scenic preserves and lakes—membership is optional. Furniture is available separately. Don't miss this opportunity to own a slice of paradise!
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:
$685,000
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 | $548,000 | $548,000 | $548,000 |
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 | 7.058% | 7.063% | 6.132% |
Monthly Tax Payment | $571 | $571 | $571 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,464 | $3,600 | $4,587 |
Total Monthly Payment | $4,127 | $4,263 | $5,250 |
* 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.