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9003 WATERASH LANE N
About This Property
Luxury Opportunity – Restore an Architectural Masterpiece to Its Original Glory! Welcome to 9003 Waterash Lane, an extraordinary custom estate offering a rare chance to own one of the most distinctive luxury residences in Florida. Designed and built as the personal residence of the owner of nationally acclaimed Windstar Homes, this Tuscan-inspired masterpiece blends the timeless intimacy of a private hacienda villa with the grandeur of a world-class estate. While the home is in need of improvements and updating, it presents an exceptional opportunity for a discerning buyer to restore an architectural work of art to its original brilliance. Beyond the dramatic 20-foot entry tower lies an awe-inspiring "O"-shaped courtyard, where elegant covered walkways surround a resort-style pool and spa, creating a private outdoor sanctuary unlike any other. The spectacular outdoor living area features a fireplace, media center, and multiple entertaining spaces designed for seamless indoor-outdoor living. Inside, the breathtaking 21-foot Great Hall showcases soaring ceilings, exposed stone and beam architecture, a grand cast-stone fireplace, and hidden media features, creating an unforgettable setting for entertaining. Every room reflects meticulous craftsmanship, thoughtful engineering, and timeless design rarely found in today's luxury homes. The chef's kitchen is complemented by a hidden multi-purpose crafts and study room, while a separate soundproof media and music lounge provides the perfect retreat for movies, gaming, or recording. The luxurious owner's suite offers custom built-ins, a gas fireplace, makeup vanity, and an incredible walk-in closet with an extensive custom organization system. The spa-inspired owner's bath rivals five-star resorts, featuring dual vanities, dual water closets, a built-in jetted soaking tub, an oversized marble shower with multiple body sprays, rain shower, and a private steam room. Additional highlights include a private guest suite, an outdoor basketball court, extensive custom millwork throughout, and countless architectural details that simply cannot be replicated today. Homes of this caliber rarely become available-especially with the opportunity to personalize and restore such an iconic residence. For buyers seeking an estate with irreplaceable craftsmanship, extraordinary design, and unlimited potential, 9003 Waterash Lane represents an exceptional luxury investment and a once-in-a-lifetime opportunity.
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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 |
|---|---|---|---|
| Sep 10, 2026 | Sold | ||
| Sold | |||
| Aug 20, 2026 | In contract | - | |
| In contract | |||
| Aug 3, 2026 | Listed by EQUITY REALTY SUNCOAST | $1,900,000 | |
| Listed by EQUITY REALTY SUNCOAST | |||
| Sep 12, 2023 | Sold | ||
| Sold | |||
| Aug 8, 2022 | Listed by CENTURY 21 JIM WHITE & ASSOC | $3,495,000 | |
| Listed by CENTURY 21 JIM WHITE & ASSOC | |||
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EXUDING THE LUXURY & GRACE OF A PEERLESS TUSCAN ESTATE WHILE OFFERING THE INTIMACY OF A TIMELESS HACIENDA VILLA, THIS VISUALLY-STUNNING ARCHITECTURAL MASTERPIECE IS ONE OF THE MOST UNIQUELY BEAUTIFUL HOMES IN FLORIDA! Built by the owner of nationally-awarded and highly-acclaimed Windstar Homes for his own personal use, this brilliantly conceived residence demonstrates a level of thought and precision rarely found in homes at five times this price! Depth, perspective and accuracy – from the smallest of details to the largest of engineering complexities - are implemented on a grand scale and give this home an orderly richness that is as uncommon as it is beautiful. The soaring 20ft-high entry vestibule/tower opens to a spectacular “O” shaped courtyard surrounded by luxurious covered walkways connecting all areas of the home - centered by a magnificent pool/spa and fabulous living area with media center/fireplace. Step into the 21ft-high “Great Hall” and take in dramatic stone & beam finishes - splendid living area with cast stone fireplace/hidden media center transitions to a sumptuous gourmet kitchen with the finest Busby cabinetry, superb granite surfaces, Subzero/Wolf appliances, gas cooking, island bar and island prep-center. Dedicated wine room contains full-height Subzero wine chillers & bar. Through hidden doors, the kitchen opens to an opulent, multi-purpose crafts/study room, and separately, to a plush, sound-proofed, multi-video media/music center. Looking for a private “zen-like” outdoor ambiance? Your cloistered outdoor dining area enjoys the tranquil sounds of free-falling water. The owner’s suite is a picture of ingenuity & creativity, with fine seamless built-ins, multi-media entertainment, gas fireplace, cosmetics center, lush sitting area and huge walk-in closet with astonishing built-in closet system. Step into an owner’s bath that redefines luxury living. Striking minimalist cabinetry is complemented by lavish fixtures, dual his & her vanities, dual water-closets and built-in jetted spa tub – everything perfectly chosen and ideally placed. The walk-in shower boasts a separate steam room & a multi-head rain shower - exquisitely detailed in marble. All bedrooms are oversized and all baths, meticulously appointed. Separate guest suite, private basketball court, whole house automation and features/amenities far too numerous to mention here. This level of elegance and precision-quality rarely comes to market. Simply unforgettable!
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About Bayou Club
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017