by RH Advisors

See Home Value
$3,000,000
House - Off Market

3520 MISTLETOE LANE

LONGBOAT KEY, FL 34228
bedrooms
5 Beds
bathrooms
4 Baths
square feet
3717 Sqft
$19,914
Estimated Monthly
$1,099
HOA / Fees
0.26%
Cap Rate

About This Property

Experience the epitome of luxurious coastal living in this stunning, fully renovated waterfront villa, nestled in the exclusive Bay Isles' coveted Corey's Landing neighborhood. This waterfront gem offers the most breathtaking unobstructed views of the Sarasota Bay and skyline. Designed with a nautical lifestyle in mind, this home features a brand new 55' dock and boat lift that can accommodate a 35' vessel, as well as private kayak launch. Imagine the thrill of setting sail at sunrise or embarking on serene sunset cruises, all from the comfort of your own backyard.

Step inside this meticulously renovated sanctuary, where every detail has been carefully curated to exceed your expectations. The open floor plan seamlessly blends sophistication with comfort, creating a space that is both inviting and awe-inspiring. With its impressive 23' ceilings in the main living area and spacious white kitchen adorned with new Thermador appliances, an oversized kitchen island, and charming farmhouse sink, this hidden gem is a true testament to elegance. The Great Room boasts a shiplap decorative wall, while the dining room offers views of an atrium with a water feature and lighting. You'll also find a drybar with a built-in icemaker, wine cooler, and beverage cooler, perfect for entertaining. With a brand new roof in place, you can bid farewell to worries about maintenance, allowing you to fully embrace the joys of waterfront living.

The addition of a new pool cage with picture frame screens ensures unobstructed views of the Sarasota Bay, creating an atmosphere of pure serenity. Enjoy the luxury of a heated pool and spa with new pool equipment, inviting you to dive into relaxation no matter the season. And for those who appreciate outdoor living, the outdoor kitchen including grill, beverage cooler, outdoor sink, and Alpha pizza oven allows you to master the art of al fresco dining and entertaining.

With four inviting guest bedrooms and four full renovated bathrooms, everyone will enjoy a comfortable and private retreat. Upstairs, discover a versatile loft space that provides even more room for relaxation or can be easily converted to accommodate additional guests. This loft space not only expands the possibilities for hosting family and friends but also offers the potential for a home office, game room, or cozy reading nook, ensuring there's a place for everyone to unwind and make cherished memories in this waterfront paradise. You'll also find a main floor office with French doors, allowing you to work in style with stunning views of the water.

As if that weren't enough, Corey's Landing offers resort style pool, tennis courts and exclusive access to the private Bay Isles Beach Club, complete with showers, restrooms, private storage, grills, and a beach volleyball net. Don't miss the chance to make this slice of Sarasota Bay paradise your very own. Contact us today to schedule your private tour and experience the essence of waterfront luxury living in Corey's Landing. Your dream home awaits!
Unit Size
3,717Ft²
Days on Market
83 days
Land Size
0.27 acres
Price per sqft
$915
Property Type
House
Property Taxes
$2,121
HOA Dues
$1,099
Year Built
1991
Last updated: 7 months ago (Stellar MLS #A4583893)

Price History

Date / Event Date Event Price
Dec 20, 2023 Sold to Carol P Sipe, Christopher B... $3,000,000
Sold to Carol P Sipe, Christopher B...
Oct 30, 2023 In contract -
In contract
Oct 11, 2023 Price Decreased $3,400,000
↓ $550K (13.9%)
Price Decreased
Sep 28, 2023 Listed by PREMIER SOTHEBYS INTL REALTY $3,950,000
Listed by PREMIER SOTHEBYS INTL REALTY
Feb 16, 2021 Sold to Daniel Christophe Bracciano... $1,100,000
Sold to Daniel Christophe Bracciano...
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
With View
Fireplace

Building Info

Overview

    General

  • Year Built: 1991
  • Effective Year Built: 2016
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 5
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Bathroom Plumbing Fixtures: 2
  • Building Condition: Average
  • Building Quality: A
  • Construction Type: Masonry
  • Building Style: Duplex
  • Exterior Walls Type: Stucco
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Hip
  • Roof Cover Type: Concrete
  • Floor Count: 2
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 400
  • Parking Space Count: 2
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 11,941
  • Total Building Area: 4,117
  • Gross Building Area: 4,117
  • Building Area: 3,717
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 3,717
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: COREYS LANDING
  • Land Acres: 0.274
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 44 COREYS LANDING

Ownership

  • Current Owner : SIPE CHRISTOPHER B
  • Current Owner 2: SIPE CAROL P
  • Previous Owner : BRACCIANO DANIEL CHRISTOPHER
  • Previous Owner 2: BRACCIANO SUSAN
  • Owner Before Previous Owner: RIGBY JOAN M
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Sarasota County School District
  • School Tax School District: T04 T04D T43
  • Census Tract: 000802

Zoning

  • Zoning: PUD

Geography

  • Assessors Map Reference: 24A
  • Account Number: 0004030027
  • Subdivision Tract Number: 2383
  • Parcel: 0004-03-0027
  • Lot: 44
  • Meridian: SEC 05 TWN 36S RNG 17E
  • Municipality: TOWN OF LONGBOAT KEY
  • Latitude: 27.3823
  • Longitude: -82.6228

    Address

  • Full Address: 3520 Mistletoe Ln
  • Address - House Number: 3520
  • Address - Street Name: Mistletoe
  • Address - Suffix Type: Ln
  • State: FL
  • City Name: Longboat Key
  • Carrier Code: C002
  • 4-Digit Zip Code: 4102
  • Zip Code: 34228

Valuation

    Tax

  • Total Area: 4,504
  • Tax Year: 2023
  • Tax Amount: $28,467
  • Tax Rate Code Area: 2110

    Appraisal Valuation

  • Standard Deviation: 0.1904
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 74
  • Final Value: 2,767,023
  • High Value: 3,293,990
  • Low Value: 2,240,055

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,300,000
  • First Open Lien Mortgage Lender: GTE FCU
  • First Open Lien Mortgage Recording Date: Dec 20, 2023
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $1,300,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2054

    Market Valuation

  • Market Total Value: $2,381,800
  • Market Land Value: $1,477,300
  • Market Improvement Value: $904,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,215,475

    Sales

  • Current Sale Contract Date: Dec 20, 2023
  • Current Sale Recording Date: Dec 20, 2023
  • Current Sale Transaction ID: 11918405994
  • Current Sale Price: $3,000,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 187779
  • Previous Sale Recording Date: Feb 16, 2021
  • Previous Sale Contract Date: Feb 09, 2021
  • Previous Sale Amount: $1,100,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: GTE FCU
  • First Mortgage Transaction Date: Dec 20, 2023
  • First Mortgage Loan Amount: $1,300,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2054

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: SOUTH STATE BANK NA
  • Previous Mortgage Transaction Date: Feb 16, 2021
  • Previous Mortgage Loan Amount: $880,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Mar 01, 2051



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
4 Beds
3 Baths
3,842 ft²
$865/ft²
$3,325,000 Oct 24, 2023
-
$2,797/mo

About Coreys Landing


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Frequently Asked Questions

When was property at 3520 Mistletoe Lane built and last sold?
The property at 3520 Mistletoe Lane was built in 1991 and last sold on Dec 20, 2023 for $3,000,000.
How much is this home worth?
The estimated value of the home located at 3520 Mistletoe Lane is $3,989,500.
What are some comparable homes to 3520 Mistletoe Lane?
Homes that are comparable to 3520 Mistletoe Lane include a house property at 3606 Fair Oaks Place, located in LONGBOAT KEY, FL.

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