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NOW OFFERED WITH A SIGNIFICANT PRICE IMPROVEMENT, 761 Norton Street presents an exceptional opportunity to own a luxury waterfront home in Longboat Key's highly desirable Sleepy Lagoon community. Positioned along a quiet canal with direct boating access to Sarasota Bay, the Intracoastal Waterway, and the Gulf, this canal-front residence combines the durability of reinforced concrete construction with the relaxed sophistication of Florida waterfront living. Featuring four bedrooms, four full en-suite baths, three half baths, and 4, 674 square feet under air, the residence was thoughtfully designed to accommodate multi-generational living, extended family visits, seasonal guests, or those seeking exceptional flexibility for entertaining. Built with enduring quality in mind, the home features solid poured concrete construction reinforced with rebar throughout, hurricane-rated windows and doors, and a five-stop elevator providing convenient access to every level. A light-filled travertine foyer with an interior water feature creates a memorable arrival, while smart-home technology and newly installed remote-controlled blinds add modern convenience throughout. The main living level centers around an open-concept kitchen and gathering space designed for effortless indoor-outdoor living. Custom wood cabinetry, stainless steel KitchenAid appliances, a cooktop, beverage cooler, and generous entertaining areas flow seamlessly to the outdoor terrace. Beyond the walls of glass, a private resort-style environment awaits. The travertine pool deck features an infinity-edge pool and spa, outdoor shower, summer kitchen, and Coyote grill, creating an ideal setting for waterfront entertaining and year-round enjoyment. For boating enthusiasts, the property's canal-front setting is among its most compelling features. A 28, 000-pound boat lift and dedicated lift for two personal watercraft provide convenient access to the region's renowned boating waters, allowing owners to cruise directly to waterfront restaurants, explore Sarasota Bay, spend the day fishing, or enjoy sunset excursions throughout Longboat Key and Sarasota's barrier islands. Inside, architectural details add warmth and character, including a two-tone tray ceiling, travertine fireplace, custom art niches, and generously sized guest suites with walk-in closets and private baths. One suite features a Jacuzzi tub, dual vanities, walk-in shower, and private water closet with bidet, while additional suites provide comfortable accommodations for family and guests. A rare and distinctive feature of the residence is its mirrored floor plan concept, creating two separate yet connected living experiences under one roof. An additional living level includes a second kitchen, bar area, living room, and matching guest accommodations, offering remarkable flexibility for private guest quarters, extended family living, or long-term visitors. Additional highlights include a 4-car tandem garage, abundant storage, and a premier location on Longboat Key. Residents enjoy convenient access to St. Armand's Circle, the St. Regis Longboat Key Resort, downtown Sarasota, Anna Maria Island, championship golf, world-class dining, boutique shopping, and the area's renowned Gulf beaches. Combining direct boating access, exceptional construction quality, resort-inspired outdoor living, and a coveted Longboat Key location, 761 Norton Street represents a rare opportunity to experience the very best of Florida waterfront living.
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Our Executive Mortgage Banker:
Our Insurance Division:
$4,290,000
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 | $3,432,000 | $3,432,000 | $3,432,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.125% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.277% | 6.223% | 6.183% |
| Monthly Tax Payment | $1,190 | $1,190 | $1,190 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $20,302 | $20,853 | $28,961 |
| Total Monthly Payment | $21,617 | $22,168 | $30,276 |
* 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.