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Premium Waterfront Living in Island Lakes at Coco Bay – Upgraded and Move-In Ready! Welcome to your beautifully upgraded 4 Bedroom, 2 Bath, 3-Car Garage Princeton II Floor Plan by Lennar with over 2200 square feet, situated on a rare, oversized premium water lot in the sought-after community of Island Lakes at Coco Bay in Englewood, Florida. With serene pond views, a fully fenced backyard, and ample space for your custom pool, this home offers the perfect blend of luxury, comfort, and location. From the moment you arrive, the curb appeal is undeniable—manicured landscaping, a pavered driveway and walkway, and an upgraded glass front entry door set the tone for what lies inside. Step into a wide foyer with designer lighting and a spacious, open-concept layout that draws your eye to the hurricane-impact triple sliding glass doors and covered screened lanai, perfectly placed to showcase the tranquil water view. This thoughtfully designed home features tray ceilings, upgraded ceiling fans, and neutral tile flooring throughout—with no carpet anywhere. The chef’s kitchen is both stylish and functional, offering designer white cabinetry with crown molding, quartz countertops and backsplash, pendant lighting, stainless steel appliances, LED recessed lighting, and a large corner pantry. Dine in the formal dining room filled with natural light or in the casual eat-in kitchen area, which opens directly to the lanai for effortless indoor-outdoor living. The three secondary bedrooms include tile flooring, built-in closets, and upgraded lighting. The full guest bathroom features quartz counters, designer tile, and a shower/tub combo with natural light. The primary suite is privately located at the rear of the home with gorgeous pond views, tray ceiling, upgraded fan, lanai access, and a spacious walk-in closet. The ensuite bath includes a frameless glass walk-in shower, quartz vanity, and designer finishes. Additional highlights include a laundry room with washer, dryer, utility sink with cabinet, and extra storage. The home is smart-equipped with a Honeywell WiFi thermostat, Ring Video Doorbell Pro, Vivant security cameras, smart front door lock, and impact-rated windows and doors. Energy-efficient design includes insulation upgrades, LEED-rated roof products, and an automatic irrigation system. Island Lakes at Coco Bay offers resort-style amenities such as a clubhouse, pool, pickleball courts, and playground. Just minutes to Englewood Beach, Boca Grande, golf, top-rated schools, marinas, and local dining favorites like Lighthouse Grill, Sassy Tarts Bakery, and Ken & Barb’s Grove City Kitchen. This is more than just a home—it’s the Florida lifestyle. From peaceful mornings on the lanai to sunset strolls by the water, every day feels like a vacation. Schedule your private tour today—homes like this, with this location and level of upgrades, don’t last!
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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 | $420,000 | $420,000 | $420,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.990% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.160% | 7.154% | 6.172% |
Monthly Tax Payment | $234 | $234 | $234 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,724 | $2,791 | $3,516 |
Total Monthly Payment | $3,050 | $3,117 | $3,842 |
* 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.