815 BLUE SHELL LOOP
About This Property
The three bedroom plus study residence showcases 2,675 square feet of open one-story living, sumptuous wide wood-plank style porcelain tile throughout, voluminous tray ceilings with recessed accent lighting, IMPACT windows and doors, and a breathtaking outdoor living area with open and under cover space, shellstone pavered deck, newly added Summer kitchen and bar, PebbleTec heated saltwater pool/spa with sunshelf, and a panoramic clearview screen surrounded by premium landscaping and vistas.
Seamlessly connecting this outdoor oasis to the oversized great room, kitchen and dining areas are impact glass doors revealing an optimal layout where guests and chefs alike will delight in the gourmet kitchen with GE Monogram appliances, sprawling counters, oversized island, dry bar with wine fridge, under cabinet lighting, a customized walk-in pantry, and stylish crisp white tile adorns the backsplash all the way up to the ceiling.
Unwind in the elegant owner's retreat offering direct lanai access via sliding glass doors, oversized customized closet, and a refreshingly luxuriant bath with two vanity stations, invigorating shower and separate water closet. Family and guests will be right at home in this split bedroom floor plan with two additional guest suites each on separate wings of the home, both offering customized walk-in closets and wood plank porcelain tile flooring, with one boasting its own private ensuite full bath, the other is just off the homes third full bath. Additionally, the residence offers a study behind double glass entry doors, and wood plank tile flooring.
Other highlights of this all-encompassing 3,987 square foot residence includes a large laundry room with cabinetry and sink, the recent addition of remote-controlled window shades, show-stopper light fixtures, customized closets throughout, camera surveillance, 8' interior doors, and an oversized three car garage with epoxy flooring and built-in storage cabinetry.
Beckoning a lifestyle fulfilled with access to two resort-styled amenity centers, Shellstone residents will have private access to the soon-to-be completed Summit offering a social hall, fitness center, pool with cabanas, spa, firepit, poolside BBQ grills, and fitness lawn. Additionally, they can enjoy the recently completed hub at Midway Park that offers Shellstone and Wild Blue residents tennis, pickleball, basketball courts, kayak launch, walking trails, dog parks, playground, pro shop, and pavilions. Ideally located in Waterside, known for its vibrant Lakewood Ranch lifestyle surrounded by dining, shopping, polo, golf, community events, Waterside Place, Centerpointe, UTC Mall, and minutes to SRQ Airport and the beaches of Sarasota.
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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%.
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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.
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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 |
|---|---|---|---|
| Mar 31, 2026 | Sold | ||
| Sold | |||
| Jan 14, 2026 | In contract | - | |
| In contract | |||
| Jan 12, 2026 | Listed by MICHAEL SAUNDERS & COMPANY | $1,335,000 | |
| Listed by MICHAEL SAUNDERS & COMPANY | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017