Listing Details for MLS #A4468445
7692 Cove Terrace, Sarasota Fl 34231, Sarasota, Fl

Residential Property - Single Family Residence in Sarasota

SOLD for $2,300,000 on September 18, 2020

Listing Price: $2,450,000Sold Price: $2,300,000Sold Price/List Price: 94%Days on Market: 81

Description of Property

This is a rare opportunity to own one of Sarasota's premier waterfront properties on a point lot named Dolphin Cove. This spectacular point property on Sarasota Bay features 210' feet of deep water for large boat/sailboat with unobstructed breathtaking views. Whether you are looking to downsize, build new, or expand, this one-of-a-kind property will accommodate you. Now boasting a new sea wall and dramatic new elevation. Sea wall system includes new panels, cap and tiebacks with 60-year warranty. Located on a quiet cul-de-sac on Sarasota Bay, with three walls of windows to showcase the water views. Open design Florida home with original front door, split floor-plan with two master suites, one with pool access. The Gourmet Kitchen has quartzite counter tops that are harder than granite, with non-glare finish for a softer look, custom cabinets have solid wood drawers, dual dishwashers, larger sink, under counter filtration system, double ovens w a microwave/convection on top and a convectional roasting oven on lower, matching refrigerator with ice maker, and a built-in wine refrigerator. Second wine refrigerator. Living-Dining Room have motorized sun-out blinds with remote control. Master Suite with attached full bath includes dual sinks, Jacuzzi tub with jets and walk-in shower, walk in closet and electric fireplace (wood burning fireplace behind electric), opens to backyard. Laundry room w high efficiency washer/dryer only 4 years old. Covered rear patio addition w outdoor professional grill w rotisserie and Italian shell-stone compressed to 4% porosity (you can spill red wine and it will not stain). Boat dock w 13,000 lb boat lift on water deep enough for large boat/sailboat. Dock is located to right side of water front sea wall by design so as to not block the water view. Have you looked out over the water to see a boat docked in middle of view? Not here. Pebble tech swimming pool in shell-stone paver deck w oblong shells that will glisten in the light. Concrete tile roof w modified Bitumen secondary membrane system. Well maintained home includes high efficiency appliances, hurricane impact windows and doors (note that the original front door has hurricane covering that screws over), high efficiency HVAC w updated duct work, new water supply lines, 80-gallon hot water heater. Two and half car Garage has sink and hurricane rated doors. Private well w zoned irrigation. Seller reports that County verified (buyer must re-verify) that the lot set backs here allow for a structure of 5,537 SF Main Floor and an additional second story on top of that. It is extremely rare to be able to build this much SF on main level. At this time, due to Covid-19 concerns, home tours are limited to the grounds. Owners will open all window treatments to allow you to view the inside of the home. Watch the tour to see details about this gorgeous waterfront home.The average asking price for a 3 bedroom/3 bath single family residence in this Zip code is $1,387,027. This single family residence is listed at about 177% of the average asking price. This is the only 3 bedroom/3 bath single family residence between $2,200,000 and $2,800,000 currently listed for sale in this Zip code.