This is more than just a home—it’s a rare opportunity to own a unique, waterfront lifestyle on Manasota Key, where architectural elegance meets the tranquility of Lemon Bay. Discover a rare blend of iconic design and coastal elegance in this stunning Frank Lloyd Wright-inspired home, perfectly positioned on nearly half an acre along the tranquil shores of Lemon Bay. Located on Manasota Key, this FURNISHED, 2-bedroom, 2-bathroom residence has been thoughtfully remodeled after recent hurricanes, seamlessly merging mid-century architectural charm with today’s modern comforts. With the addition of a spacious 720-square-foot studio apartment above the garage, this property offers the flexibility to function as a private family compound, ideal for multigenerational living or hosting guests in style. Enjoy peace of mind with impact-rated windows and sliders throughout the home, and savor the chef’s kitchen featuring solid wood cabinetry, granite countertops, and all-new stainless steel appliances. Step outside to your expansive enclosed lanai, the ultimate outdoor oasis with a heated saltwater pool—perfect for entertaining, relaxing, or soaking in the serene waterfront views. For boating enthusiasts, the property includes a deeded 16, 000- pound boat lift (added in 2018) and dock. There is also access to a shared community dock (first come, first served), used by only four owners—ideal for additional watercraft. Deeded beach access on the property means your toes can be in the sand in just minutes. The home also features a sprawling 5-car garage (fits up to 7 vehicles) with ample room for storage or a workshop, plus a dedicated area for RV parking. Above the garage is a fully furnished studio apartment, newly built in 2023, with luxury vinyl plank flooring, granite countertops, and stainless steel appliances. Thoughtfully designed, this space is also plumbed for a future elevator, providing long-term flexibility and accessibility. —making it perfect for guests, rental income, or multigenerational living. Additional features include a 10x20-foot storage shed, a sprinkler system (with some zones needing repair), and lush landscaping that enhances the natural beauty of this unique property.
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,500,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
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 | $2,000,000 | $2,000,000 | $2,000,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.000% | 6.500% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.811% | 6.613% | 6.455% |
Monthly Tax Payment | $796 | $796 | $796 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $11,991 | $12,641 | $17,148 |
Total Monthly Payment | $12,912 | $13,562 | $18,069 |
* 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.