Price Improvement! Don't wait months for new construction-this
exceptional home is move-in ready and available now. Thoughtfully
enhanced with numerous high-quality post-closing upgrades, it
offers features and finishes that go well beyond the builder's
standard offerings, providing outstanding value and immediate
enjoyment from day one. Welcome to Watercolor Place, an exclusive
gated enclave in Bradenton celebrated for its low HOA fees and
absence of CDD fees. Ideally on a premier lakefront homesite, this
exceptional 2023-built residence offers 2,241 square feet of
impeccably curated living space, where refined elegance meets
modern comfort. Featuring three bedrooms, 2.5 baths, a private den,
and a heated pool and spa overlooking tranquil water views, this
home delivers an elevated Florida lifestyle. From the moment you
arrive, the residence impresses with soaring 10-foot ceilings,
8-foot doors, expansive windows and an open-concept design bathed
in natural light. At the heart of the home, the gourmet chef's
kitchen is beautifully appointed with an oversized oval island,
stacked oven and microwave, gas cooktop and an expansive prep sink
area, creating the ideal setting for intimate gatherings and
sophisticated entertaining. The adjoining great room and dining
area flow seamlessly together, offering an inviting atmosphere with
effortless indoor-outdoor connectivity. Complete with built-in
cabinets and shelving. The luxurious main-level primary suite is a
serene private retreat, thoughtfully designed with a spa-inspired
bath featuring dual rain showers with a handheld fixture, an
indulgent soaking tub and an ambient electric fireplace that
enhances the tranquil ambiance. A custom walk-in closet offers
abundant hanging space and shelving for elevated organization. Two
generously sized guest bedrooms and a beautifully appointed guest
bath with a spacious walk-in shower provide comfort and flexibility
for family and visitors alike. Throughout the residence, designer
upgrades abound, including elegant tile flooring throughout, French
and sliding doors, a central vacuum system and exquisite Cambria
quartz countertops. Outdoor living is exceptional with an extended
lanai showcasing a smartphone-controlled heated saltwater pool and
spa, covered lounge areas, and breathtaking lakefront sunrise views
that create a private resort-like experience while enjoying the
comforts of an outdoor pool bath. Additional exterior enhancements
include a paver driveway and walkway, impact-rated doors and
windows, exterior coach lighting, rain gutters, a tankless gas
water heater, integrated irrigation system and a spacious two-car
garage with keypad access. Plantation shutters and custom window
treatments throughout the home add a sophisticated finishing touch
while enhancing privacy and light control. Residents of Watercolor
Place enjoy a maintenance-free lifestyle with HOA services that
include lawn care, landscaping, Wi-Fi and cable. The newly
completed amenity center offers a resort-style zero-entry pool,
state-of-the-art fitness center, elegant social spaces and an
outdoor grill station designed for entertaining. Ideally just
minutes from premier shopping and dining, including the new Target
and Costco plaza, Publix and the vibrant lifestyle destinations of
Lakewood Ranch, this extraordinary residence offers a blend of
privacy, sophistication and convenience. Discover an unparalleled
opportunity to experience luxury lakefront living at its finest.
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Last updated: 3 months ago (Stellar MLS #A4692406)
Price History
Date / Event
Date
Event
Price
Jul 7, 2026
Price Decreased
$799,000
↓ $36K
(4.3%)
Price Decreased
May 18, 2026
Listed by PREMIER SOTHEBY'S INTERNATIONAL REALTY
$835,000
Listed by PREMIER SOTHEBY'S INTERNATIONAL REALTY
Property Highlights
Garage
Air Conditioning
With View
Parking Details
Has Garage
Attached Garage
Has Open Parking
Parking Features: Driveway, Electric Vehicle Charging Station(s), Garage Door Opener, Ground Level
Garage Spaces: 2
Interior Details
Half Bathrooms: 1
Full Bathrooms: 2
Interior Features: Built-in Features, Ceiling Fan(s), Central Vacuum, High Ceilings, Open Floorplan, Stone Counters, Tray Ceiling(s), Vaulted Ceiling(s), Walk-In Closet(s), Eating Space In Kitchen, Living Room/Dining Room Combo, Primary Bedroom Main Floor, Solid Wood Cabinets, Thermostat, Window Treatments
Appliances: Oven, Cooktop, Dishwasher, Disposal, Dryer, Exhaust Fan, Gas Water Heater, Microwave, Refrigerator, Tankless Water Heater, Washer
Flooring Type: Ceramic Tile, Tile
Door Features: Sliding Doors
Laundry Features: Gas Dryer Hookup, Inside, Laundry Room, Washer Hookup
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