Listing Details for MLS #A4637426
531 Edlee Lane, Longboat Key, Fl

Residential Property - Single Family Residence in Longboat Key

Listing Price: $899,000 (Mortgage Calculator →)Days on Market: 3

Description of Property

531 Edlee Lane, Longboat Key, FL – Offered at $899,000 Discover a rare opportunity to build your dream home on one of the few privately owned streets in the highly sought-after Longboat Key community. This property is being sold as a tear-down, offering a blank canvas for your custom coastal retreat. The standout feature of this property is the brand-new $120,000 inground gunite swimming pool and spa, complete with a hurricane-resilient cage. Completed just prior to Hurricane Helene, the pool and spa feature vibrant tilework, a spacious design, and a newly replaced filtration system, ensuring they are in pristine condition and ready for immediate enjoyment. Perfectly situated just steps from the beach and offering deeded access to a private boat launch on Sarasota Bay, this property combines convenience with exclusivity. Generous lot dimensions provide ample space to design and construct a custom luxury home, surrounded by other distinguished residences. For an even more extraordinary opportunity, the adjacent property at 541 Edlee Lane (MLS #A4637254) is also available for purchase. Together, these two parcels create the option to own just over half an acre of land, offering incredible potential for a sprawling estate or two separate homes in this private and tranquil neighborhood. Don’t miss your chance to own a property on one of the few private roads in Longboat Key, with unparalleled proximity to the Gulf of Mexico and Sarasota Bay.The average asking price for a 3 bedroom/2 bath single family residence in this Zip code is $1,715,290. This single family residence is listed at about 52% of the average asking price. There are 6 3 bedroom/2 bath homes between $800,000 and $1,000,000 currently listed for sale in this Zip code. See other listings like this one »