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This rarely available Kentwood III model located in the highly sought after Arbor Lakes of Palmer Ranch boasts 4 Bedrooms PLUS an Office/DEN, 3. 5 Baths PLUS a Bonus/Movie Room & a heated SALTWATER Pool making it the epitome of MOVE IN READY combining modern elegance with everyday functionality. Double doors lead you to the grand foyer with impressive two-story ceilings. The gorgeous gourmet kitchen includes TONS of upgraded 42" white shaker cabinetry with under cabinet lighting, GE Café stainless steel appliances including a built-in double oven, GAS cooktop, stylish glass tile backsplash & walk-in pantry! An expansive kitchen island with double-sided cabinets and quartz counters overlooks the huge living room with stunning coffered ceilings, crown moldings, and a CUSTOM fireplace feature wall with added storage. Off the kitchen you will find the dining room with custom built-in bench seating with hidden storage and Zero Corner sliding glass doors that lead out to your covered lanai area offering plenty room for outdoor entertaining! The custom-built pool includes a large sun shelf, a PebbleTec finish, color changing LED lights, SPA with 4 therapy jets, and a GAS pool/spa heater! The spacious Master Bedroom & En-Suite Bath is located on the main level and includes a sitting area with pool views, a shiplap accent wall, crown molding, tray ceilings, 2 walk-in closets, an upgraded frameless glass shower with accent tiles and shower niche, dual sinks w/ upgraded fixtures, and high-end granite counters. Also located on the first floor; a private den/office, powder bath, under stair storage and a laundry room w/ extra refrigerator, cabinetry & sink, and 8-foot doors. The gorgeous wrought iron staircase leads you to the second floor where you are welcomed by 3 guest bedrooms, 2 full bathrooms, and an oversized bonus room perfect for a movie theater, home gym or extra bedroom! Additional upgrades include whole house rain gutters, extended driveway with pavers, freshly painted interior and exterior, large corner lot, upgraded exterior elevation with front porch and stone accents. Located in one of the most sought-after communities in Palmer Ranch with A-rated schools, 8 Miles from World Famous Siesta Key Beach, 1 mile to the Legacy Trail, shopping, golf and dining nearby. Arbor Lakes offers a wide variety of activities including a basketball court, sand volleyball court, a lagoon-style community pool, a hot tub, a covered pavilion with grilling station, a kid's splash park, fire pit, pirate-themed playground, sidewalks throughout, and a dog park. All of this for a LOW HOA fee & NO CDD FEES (OR build time) that NEW CONSTRUCTION requires!
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Our Executive Mortgage Banker:
Our Insurance Division:
$969,900
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 | $775,920 | $775,920 | $775,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.125% | 6.500% | 6.375% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.848% | 6.613% | 6.560% |
Monthly Tax Payment | $556 | $556 | $556 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,715 | $4,904 | $6,706 |
Total Monthly Payment | $5,363 | $5,552 | $7,354 |
* 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.