Listing Details for MLS #A4524702
550 Norton Street, Longboat Key Fl 34228, Longboat Key, Fl

Residential Property - Single Family Residence in Longboat Key

SOLD for $2,800,000 on July 14, 2022

Listing Price: $2,995,000Sold Price: $2,800,000Sold Price/List Price: 93%Days on Market: 43

Description of Property

Nestled on the idyllic barrier island of Longboat Key, this three-story waterfront home encompasses luxurious appointments through-out its 4,484 sq. ft. of air-conditioned space. Offering three bedrooms, three full baths, two half baths, an office, game room and home gym in a well-designed floor plan with an inviting, tropical ambiance. The exterior spaces offer true indoor-outdoor resort living — with over 1,600 square feet of outdoor recreation spaces including two travertine-paved verandas, a two-story screened pool enclosure, a summer kitchen with grill, a stylish poolside wet bar, a sparkling heated saltwater pool and spa with PebbleTec finish. Your guests will love meandering along the lushly landscaped, lit walkways with swaying palms as they head to the expansive 55-foot-long dock with electricity, water, kayak storage, a 12,000-pound boat lift and Jet Ski lift on the beautiful turquoise waters leading to Sarasota Bay. Only a very short distance to the ICW and another mile to the open waters of the Gulf of Mexico with no fixed bridges. You will be amazed with the plentiful fishing right off your dock. After a lovely day pool-side or on the boat, head indoors to the bottom-floor space with 878 finished square feet of recreation space, complete with a recreation/game room and home gym with state-of-the-art equipment and rubber flooring, along with a full bath and steam shower, all opening out to your pool. The airy interior on the main level is perfect for enjoying tropical water views with 10-foot high sliding glass doors that bathe the great room in natural light. The room’s built-in shelving, bamboo flooring, dry bar, low-voltage designer lighting, gorgeous tongue & groove wood ceiling and gas fireplace makes this a special place for entertaining. The formal dining area with a bay window and the sleek European-styled kitchen complete the heart of the main level. Fit for a chef, the gourmet kitchen highlights exotic granite and stainless countertops, a stainless steel backsplash, Fisher & Paykel dishwasher drawers and high-quality Gaggenau and Sub-Zero appliances including a gas cook-top, wine chiller and steam oven. Owners can reset and restore in the private, third-floor master suite, boasting a wet bar with sink and refrigerator, an enviable master closet with copious built-ins, a sumptuous master bath with jetted tub and walk-in shower, plus his and her vanities along with stunning treetop views from the 230-square-foot private terrace. The adjoining home office offers extensive high-quality built-ins. Other amenities include: crown molding, stainless steel stair railings, plantation shutters, interior fire-sprinklers, whole-house automatic switching 25KW generator, hurricane shutters, extensive storage, surround sound through-out the house and pool areas, 8 ft interior doors, energy-efficient Icynene insulation in Attic, central vacuum system, concrete slab floors on each level, large laundry room with built-ins and a pre-planned elevator shaft. Sleepy Lagoon neighborhood offers deeded beach access only 3 blocks away! Truly a must see property.The average asking price for a 3 bedroom/3 bath single family residence in this Zip code is $2,434,623. This single family residence is listed at about 123% of the average asking price. There are 2 3 bedroom/3 bath homes between $2,600,000 and $3,400,000 currently listed for sale in this Zip code. See other listings like this one »