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One or more photo(s) has been virtually staged. **$100, 000 PRICE IMPROVEMENT – LUXURY REIMAGINED & STILL EVOLVING! NEW VIRTUAL PHOTOS JUST ADDED—DON’T MISS THE FULL VISION!** A truly rare opportunity to own a completely reimagined **grand coastal waterfront estate** on the coveted barrier island of Manasota Key—now offered at an exceptional new value. Taken down to the frame and rebuilt with precision, this nearly new-construction residence showcases a refined **Modern Beach House design** with elevated coastal finishes, all-new electrical and plumbing, and high-end craftsmanship throughout. Set along the tranquil waters of Lemon Bay with sweeping panoramic views, the property offers **DEEDED BEACH ACCESS shared by only five owners**—just steps to the Gulf and minutes to dining, live music, and island amenities. **Explore the newly added virtual photos** to experience the completed vision as the Seller continues to enhance the home with additional upgrades—further elevating both lifestyle and investment potential. Spanning over 4, 700 sq. ft. , the flexible layout is ideal for a luxury primary residence, seasonal retreat, or high-performing short-term rental. The open-concept main level features a showpiece kitchen with **commercial-grade gas range, 14-ft island, commercial refrigerator, beverage coolers, and designer finishes**, flowing seamlessly into expansive living and dining areas and a full-length screened waterfront balcony—perfect for sunset entertaining. The home offers **three oversized primary suites**, each with spa-inspired baths, plus a custom bunk room and additional flex space for guests or office use. The top-floor owner’s retreat delivers a private sanctuary with terrace, laundry, and breathtaking coastal views. The ground level presents incredible upside—**Seller will drywall and install a garage door to create a finished 28x10 garage space**—while maintaining room for future expansion including guest quarters, game room, or theater. Outdoor living is anchored by a **HEATED SWIMMING POOL**, with additional plans available for a dock, boat lifts, and kayak launch—unlocking the full waterfront lifestyle. Additional features include impact windows and doors, luxury plank tile flooring, new HVAC systems, tankless gas water heaters, buried propane with generator readiness, RV hookup, and public utilities. **Private, flexible, and now aggressively priced**, this is a standout opportunity to secure a luxury waterfront estate on Manasota Key with continued upside as improvements are completed.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,399,000
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 | $1,919,200 | $1,919,200 | $1,919,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.000% | 6.250% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.362% | 6.385% | 6.223% |
| Monthly Tax Payment | $481 | $481 | $481 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $11,507 | $11,817 | $16,195 |
| Total Monthly Payment | $12,113 | $12,423 | $16,801 |
* 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.