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One or more photo(s) has been virtually staged. A rare opportunity to own a thoughtfully reimagined grand coastal waterfront estate on the highly coveted barrier island of Manasota Key, where peaceful coastal living meets exceptional flexibility and long-term value. This nearly new-construction home was taken down to the frame and meticulously rebuilt from the ground to the top, including new electrical and plumbing, blending a Modern Beach House aesthetic with elegant coastal influences and designer finishes throughout. Set along the tranquil waters of Lemon Bay with panoramic bay views, the property remains privately tucked away while offering DEEDED BEACH ACCESS shared by only five neighbors—just steps to the Gulf and a short golf cart ride to dining, live music, and public beaches. Designed to accommodate a primary residence, seasonal retreat, or high-end short-term rental investment, the home offers over 4700 sq. ft. of total space across multiple levels, including an expansive, fully enclosed ground floor ready for future customization. The seller continues to enhance the property with additional finishes, and the sale includes a NEW SEAWALL AND HEATED SWIMMING POOL, further elevating both lifestyle and investment appeal. The main living level features an open-concept design anchored by a chef-inspired kitchen with a commercial-grade gas range, 14 foot center island, commercial refrigerator, beverage coolers, and abundant storage. Living and dining areas open seamlessly to a full-length screened waterfront balcony overlooking Lemon Bay—ideal for relaxed entertaining and sunset evenings. A secondary balcony off the kitchen provides an additional peaceful outdoor retreat. The home is well-suited for large or multi-generational living, offering three expansive primary suites with luxurious en-suite baths, along with a flexible fourth sleeping area designed for bunk beds and pre-wired for TVs. Spa-inspired bathrooms feature floating vanities, accent lighting, walk-in showers, freestanding tubs, and custom closets with built-ins. The third-floor primary suite serves as a private retreat with its own open-air terrace, oversized closet, private laundry, and breathtaking views of the bay and Gulf Coast skies. An additional flex room with a full bath provides versatility as a bedroom, office, or den. The concrete-constructed ground level is a blank canvas with impact doors and windows, opening to a covered paver patio prepped for an outdoor kitchen—perfect for future living space, guest quarters, a game room, or theater. Additional highlights include impact-rated windows and doors with privacy tinting, sound-dampening wall systems, luxury plank tile flooring, new HVAC systems, tankless gas water heaters, a buried propane tank with generator readiness, a full RV hookup, and public water and sewer. A large front parking area was originally designed for a garage with an apartment and even a pickleball court, offering further expansion potential. Plans are also available for a dock, boat lifts, and a kayak launch. Quiet, private, and thoughtfully designed, this Manasota Key estate offers a rare blend of serenity, craftsmanship, and possibility. Whether you envision a refined personal retreat or a premier coastal investment, this exceptional waterfront property stands ready to deliver.
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,499,000
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
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $1,999,200 | $1,999,200 | $1,999,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 6.000% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.241% | 6.110% | 5.972% |
| Monthly Tax Payment | $481 | $481 | $481 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $11,351 | $11,986 | $16,602 |
| Total Monthly Payment | $11,957 | $12,592 | $17,208 |
* 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.