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EXCLUSIVE BAY COLONY GOLF CLUB MEMBERSHIP AVAILABLE! A 2013 Masterpiece nestled on a private acre-plus lot with lake views, this elegant custom home designed by Stofft Cooney Architects, built by Vincent Borelli, and with interior design and decor by Collins and Dupont, is a superb example of refined, timeless luxury. The home has every detail your heart desires, with a beautifully connected floor plan perfect for all types of entertaining, while still intimate enough to enjoy as a family home. With many luxurious details, including intricate ceiling millwork, a temperature-controlled wine-room, walk-in wet-bar with beverage refrigerator, butler's pantry and an elevator. The home features a primary suite plus 4 guest suites plus an attached, but separate, guest retreat with a 6th bedroom and sitting room, which could be an exercise studio, mother-in-law suite or a variety of other possibilities. The exterior spaces are perfect, benefiting from the oversized lot with lake views with an outdoor kitchen and extensive lanais for relaxing and dining, all featuring motorized screens and shutters, and a gas fire-pit for relaxing on chillier evenings. The pool and spa area has a shady cabana with pool bathroom, outdoor shower and storage, and there is a Kohler whole home generator for peace of mind. Located in Flood Zone X. 500 with a 12. 5' elevation, the home was a safe refuge in recent storms and suffered no damage or flooding. Bay Colony is Naples' luxury living at its finest, with its private beach club renowned for elegant 5-star dining, a sparkling beach-side pool with poolside bar, extensive beach services, and is available to Bay Colony residents and guests only.
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Our Executive Mortgage Banker:
Our Insurance Division:
$11,995,000
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 | $9,596,000 | $9,596,000 | $9,596,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.000% | 6.625% | 6.375% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.811% | 6.727% | 6.560% |
Monthly Tax Payment | $8,019 | $8,019 | $8,019 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $57,533 | $61,444 | $82,933 |
Total Monthly Payment | $65,677 | $69,588 | $91,077 |
* 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.