Listing Details for MLS #TB8490308
4731 Coconut Palm Circle Ne, St Petersburg, Fl

Residential Property - Single Family Residence in St Petersburg

Listing Price: $1,400,000 (Mortgage Calculator →)Days on Market: 2

Description of Property

Don’t miss this spectacular lakefront estate home located in the 24-hour gated community of Placido Bayou, in a prime St. Petersburg location. This stunning two-story residence offers 3 bedrooms, 2.5 baths, soaring ceilings, and a dramatic second-level catwalk overlooking a versatile loft perfect for a home office or study space. Beveled glass entry doors welcome you into an elegant interior featuring marble flooring in all the right places and beautiful hardwood floors throughout the upstairs, dining room, family room, and first-floor master suite, adding warmth and sophistication throughout the home. The gourmet kitchen is appointed with granite countertops, a propane gas cooktop, and electric ovens, and opens seamlessly to the family room with a breakfast bar, ideal for entertaining. Enjoy breathtaking views of the largest lake in Placido from every ground-floor room. The formal dining and living rooms are a rare find, showcasing high ceilings and elegant finishes, while upstairs, a charming catwalk leads to two spacious bedrooms connected by a full Jack-and-Jill bath. The highly desirable first-floor master suite features hardwood flooring, a luxurious en-suite bath with a whirlpool tub and a large walk-in shower. Step outside to your private Pebble-Tec pool with brick pavers and take in spectacular lake views surrounded by lush palm landscaping, creating your own Florida oasis. This home is loaded with extras, including a granite desk in the kitchen, a granite wet bar in the family room, a library area, a walk-in pantry, a wine cooler, dual A/C heat pumps for east and west zones, and much more. Recent upgrades provide exceptional value and peace of mind, including all new hurricane-rated windows with over $100,000 invested, a new HVAC unit, a new tongue-and-groove wood ceiling in the lanai, a new seawall, and new pool equipment, including a pool heater. The neighborhood of Placido Bayou was virtually unscathed by Hurricanes Helene and Ian, further enhancing the appeal of this remarkable property. Furnishings may be negotiated as part of the purchase.The average asking price for a 3 bedroom/2 bath single family residence in this Zip code is $615,117. This single family residence is listed at about 228% of the average asking price. There are 8 3 bedroom/2 bath homes between $1,200,000 and $1,600,000 currently listed for sale in this Zip code. See other listings like this one »