148 Coopersmith Lane
About This Property
Designed across four thoughtfully planned levels, the home captures the ease of beach living with generous gathering spaces, multiple outdoor porches, Gulf and preserve views, and a layout made for hosting. A gracious front porch with swinging daybeds sets the tone, while the interiors balance relaxed coastal elegance with comfort and functionality. The first level features three private bedroom suites, including a primary suite with a clawfoot tub and porch access overlooking the pool and natural backdrop beyond.
At the heart of the property is an exceptional private outdoor oasis: a heated saltwater pool surrounded by lush landscaping, lounge space, and a grilling area ideal for effortless afternoons and evenings at home. Upstairs on the 2nd floor, the main living level opens to a spacious great room, dining area, and chef's kitchen with premium appliances, dual commercial-sized refrigerator and freezer, a large breakfast bar, and seamless access to multiple balconies and outdoor dining areas. A second primary suite on the main living level offers additional comfort and privacy, while an adjoining guest room creates flexible accommodations for owners and guests. The third-floor loft provides a generous secondary living space with room for media, games, and overflow sleeping, and the fourth-floor lookout tower is the home's crowning feature--an elevated perch for taking in Gulf views, coastal dune scenery, sunrise coffee, and sunset cocktails.
Life in WaterSound Beach is defined by quiet luxury, timeless architecture, winding boardwalks, preserved dunes, and private beach access to one of 30A's most beautiful stretches of sugar-white sand. From beach days and bike rides to WaterSound Beach Club amenities, community pools, nearby dining, shopping, and entertainment, this home places the best of the 30A lifestyle within easy reach while offering a peaceful retreat at day's end.
With its coveted location beside Deer Lake State Park, expansive private pool, Gulf-view tower, multiple porches, furnished interiors, and strong rental appeal, 148 Coopersmith Lane is a standout opportunity in WaterSound Beach. Inquire for more information and to schedule a private showing today!
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What does this mean?
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.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 24, 2026 | Price Decreased |
$4,199,000
↓ $150K
(3.5%) | |
| Price Decreased | |||
| May 18, 2026 | Listed by Real Broker LLC | $4,349,000 | |
| Listed by Real Broker LLC | |||
| Jun 25, 2021 | Sold | ||
| Sold | |||
| Apr 9, 2021 | Listed by Real Broker LLC | $3,250,000 | |
| Listed by Real Broker LLC | |||
| Jun 13, 2017 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017