585 Gunwale LANE, Longboat Key, FL, 34228 | $6,490,000

Welcome to your dream home at the end of a serene cul-de-sac in Country Club Shores on Longboat Key! This exceptional end-lot property boasts breathtaking panoramic open water views of the Bay, the city skyline, and the iconic Ringling Bridge from every window.
With 243ft of water frontage, 118 on the open Bay, and 125 on the canal, the boat mooring, lift, and dock are on the canal side, which is weather-protected and deep sailboat water, keeping your total bay views unobstructed. Built-in 1990, this meticulously maintained residence spans 4, 733 square feet of luxurious living space, seamlessly blending elegance with comfort. The well-designed floor plan features three spacious bedrooms, all boasting ensuite bathrooms, providing privacy and convenience. An additional office and a well-appointed half bath are also on the first floor. On the second floor resides the primary bedroom, which includes a large enclosed Lanai currently used as a workout and hobby room with spectacular open water views and floor-to-ceiling windows. The owner's spacious suite has a covered patio overlooking the beautiful landscaping and Bay water views. The large bathroom has abundant counter space, storage, and a walk-in closet. Entertainment is elevated to new heights with a generously sized loft space upstairs. It is currently used as a second office but could be used as a media room, workout area, or an upstairs sitting area; it also has a porch. The renovated kitchen is a chef's dream, offering modern amenities and style. The massive island allows for plenty of prep area and counter seating. The second island has more storage and a wine fridge. The kitchen is open to the main living and dining room, making entertaining a dream. Enjoy an expansive laundry room with a sink and abundant storage, and across the hall, another storage room/hobby room with a view! The wood floors throughout the 1st floor have been resurfaced, and the interior has been freshly painted. The vaulted ceiling is 10 to 18 ft in the central part of the home. Enjoy the seamless indoor-outdoor living experience with 6, 609 square feet of exterior space, featuring a newly constructed seawall by Duncan with a 30" wide cap. The dock recently resurfaced with grey Tyvek decking. A 24, 000-lb boat lift is strategically placed to ensure safety and unobstructed water views. Electric, water, and a fishing cleaning setup are ready to complete the boating and fishing life. The 243 square feet prime waterfront provides a picturesque backdrop to your daily life. All windows and doors are impact glass, adding a layer of security and tranquility. Recent upgrades include a new roof in 2012 and new pavers surrounding the pool and the house. Relax by the pool, which has been re-tiled and resurfaced, with a diving board and spa waterfall, surrounded by travertine decking. The upgrades continue outside with the New paver driveway and walkways, the landscaped grounds with zero-scape design, and shell accents add to the tropical ambiance and make upkeep a breeze. The rooftop viewing platform offers 360-degree views of the gulf and Bay. There are easily accessible Kayak storage steps from the canal, where you can kayak to Ghost Island, which appears during low tide for shelling and wildlife observation. This residence is not just a home; it's a testament to coastal living at its finest. Don't miss the opportunity to call this Longboat Key gem your own—where every day feels like a vacation. Room Feature: Linen Closet In Bath (Primary Bedroom).

Features

  • Rooms: 8
  • Bedrooms: 3
  • Baths: 3 full / 1 half
  • Laundry: Laundry Room
  • Year Built: 1990
  • Garage: 2-car
  • Heating: Electric
  • Cooling: Central Air
  • Approx Sq. Feet: 4,733
  • Acreage: 0.36
  • Est. Taxes: $19,221
  • HOA Fee: $100 Annually
  • View: Water
  • Pool: Gunite
  • Pet Policy: Yes
  • Appliances: Convection Oven, Dryer, Electric Water Heater, Microwave, Refrigerator, Washer
  • MLS#: A4592372
  • Days on Market: 132 days
  • Website: https://www.raveis.com
    /eprop/A4592372/585gunwalelane_longboatkey_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 5/10/2024 8:02:09 AM)
Listing courtesy of COLDWELL BANKER REALTY   Phone: 941-383-6411

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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585 Gunwale LANE, Longboat Key, FL, 34228

$6,490,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

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 $5,192,000 $5,192,000 $5,192,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.125% 6.875% 6.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.851% 7.014% 6.915%
Monthly Tax Payment $1,602 $1,602 $1,602
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $34,979 $34,108 $45,945
Total Monthly Payment $36,706 $35,835 $47,672

* 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.