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December 9, 2016 | In the News

$5.44 Million Estate Rests on Largest Available Lot on Longboat Key

The waterfront home is nestled on 2.5 acres of private property with 125 feet of waterfrontage

SARASOTA, FL (December 9, 2016) – A $5.44 million waterfront estate has just hit the market on Longboat Key on 2.5 acres of property, the largest tract of land available* on the island. Also one of the tallest single-family homes on the Key, the residence stands 52 feet tall with three levels of living space and a rooftop terrace. Coldwell Banker Residential Real Estate’s Oliver Giesser of the company’s Longboat Key office has the listing at 5444 Gulf of Mexico Drive.

“The property is stunning,” said Giesser. “Visitors have sweeping views of the bay, downtown and the surrounding neighborhoods from a birds-eye level. On a clear day, you can even see the top of the Skyway Bridge.”

The home was constructed with a concrete and steel frame, with floor-to-ceiling hurricane-impact windows surrounding. A second-floor pool is just steps from the living room and overlooks the bay and neighboring 32-acre nature preserve. A spiral staircase offers direct access from the master bedroom to the pool deck. 

Each of the property’s four bedrooms are located on the top floor and are equipped with private bathrooms and views of the bay. The master ensuite boasts a private sunroom with sliding glass walls, floor-to-ceiling windows and views of the pool, nature preserve and bay. 

Additional property details include:

  •  Deeded beach access and a private boat dock
  •  6,000 square feet of living space
  •  Spacious kitchen with granite counters, stainless steel appliances and views of the nature preserve
  •  Marble flooring in common living spaces
  •  Office, glass elevator, recreation space on entry level, multiple decks and window-enclosed formal dining room
  •  Private, tree-lined driveway with privacy gate and a two-car garage

Coldwell Banker Residential Real Estate is a leading full-service residential real estate brokerage company with more than 85 offices and 5,000 sales associates serving the communities of Central Florida, Flagler, Brevard, Palm Beach, Southeast Florida, Southwest Florida, Tampa Bay and the Panhandle. Worldwide, the Coldwell Banker network includes 3,000 offices with nearly 85,000 sales associates. Every day, Coldwell Banker Residential Real Estate properties are exposed to 16 million buyers on more than 725 high-traffic websites. For more information or to view local listings, visit ColdwellBankerHomes.com. To learn more about a career in real estate or affiliating with Coldwell Banker, visit CareersCB.com. Coldwell Banker Residential Real Estate is a subsidiary of NRT LLC, the nation’s largest residential real estate brokerage company.

*Based on currently listed properties on Longboat Key with land of two acres or more as reported by MLS on November 9, 2016. MLS data is deemed reliable but not guaranteed.