585 Gunwale LANE, Longboat Key, FL, 34228 | $5,995,000

Welcome to your exclusive waterfront retreat, a resilient haven that has withstood multiple storms without damage. On the point of a peaceful cul-de-sac in Country Club Shores on Longboat Key, this exceptional property offers breathtaking panoramic views of the Bay, city skyline, and iconic Ringling Bridge—visible from every window. With 243 feet of prime water frontage, including 118 feet on the open Bay and 125 feet on the canal, this home offers unparalleled water access. The 60-foot boat dock, lift, and mooring are sheltered in sailboat-friendly waters, allowing unobstructed views of the Bay. Built in 1990 and meticulously maintained, this 4, 733-square-foot home provides ample space to live and entertain. The open layout includes three generously sized bedrooms, each with an ensuite bath for privacy. The first floor features an office and a half bath. The expansive second-floor primary suite is a true sanctuary, with an attached lanai offering tranquil water views. It also boasts a private covered patio, a large bathroom, and a walk-in closet. A versatile loft is perfect as a media room or workout space and includes a porch to enjoy the views. The heart of this home is the chef-inspired kitchen, beautifully renovated with sleek modern finishes. A sprawling island offers prep space and seating, while an additional island adds storage and a wine fridge. The kitchen flows into the main living and dining areas, ideal for entertaining. A large laundry room with additional storage and a hobby room with Bay view’s complete the main living areas. The first floor features freshly resurfaced wood floors, newly painted walls, and soaring vaulted ceilings, creating an airy, open feel. Step outside to the ultimate outdoor living space. A newly constructed seawall and resurfaced dock set the stage for waterfront enjoyment. The dock on the canal side includes a 24, 000-lb boat lift, electric, water, and a fish cleaning station. With over 60 feet of protected boat dockage, the possibilities are limitless. The zero-scaped grounds feature a newly paved driveway and walkways for easy maintenance. The resurfaced pool area offers a diving board, spa waterfall, and travertine decking. The rooftop viewing platform provides 360-degree views of both the Gulf and Bay. Kayakers will appreciate the convenient storage and easy access to nearby Ghost Island, perfect for shelling and viewing wildlife at low tide. This home has been upgraded with impact-resistant windows and doors for comfort and security. Enjoy access to tennis, pickleball, golf, boating, and breathtaking sunsets on your private Deeded Beach. St. Armands Circle is moments away, with renowned boutiques and dining, and downtown Sarasota offers a vibrant cultural scene, shopping, and dining. Whether entertaining or relaxing, this waterfront masterpiece is the perfect place to call home.

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#: A4629742
  • Days on Market: 1 day
  • Website: https://www.raveis.com
    /eprop/A4629742/585gunwalelane_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 11/24/2024 10:17:11 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

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
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Our Insurance Division:

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585 Gunwale LANE, Longboat Key, FL, 34228

$5,995,000

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 $4,796,000 $4,796,000 $4,796,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.625% 6.625% 6.625%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.282% 6.762% 6.036%
Monthly Tax Payment $1,602 $1,602 $1,602
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $30,709 $30,709 $42,109
Total Monthly Payment $32,436 $32,436 $43,836

* 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.