tomo logo

$3,995,000

Beds
5
Baths
3.5
sq ft
4,616

1523 Bayshore Rd, Nokomis, FL 34275

1523 Bayshore Rd

NOKOMIS, FL 34275

  • 266 days on market
    • Price drop $505,000↓
One or more photo(s) has been virtually staged. This custom-built, one-owner, four-bedroom, 4,600 square foot home is located above the base flood elevation on a wide one-acre parcel, offering privacy, space, and over 130 linear feet of private water frontage on a wide stretch of the intracoastal waterway. A huge bonus: it is not in a flood zone and sits at 13’ elevation. There was zero flood/surge damage from Helene or Milton. The home has wonderful curb appeal and is set back from the street with a circular driveway and a brick pathway flanked by a well-stocked koi pond. You enter the two-story foyer which opens up onto a large, light filled living room with soaring 19’ ceilings, rich wood floors, a wood-burning fireplace with floor to ceiling coralstone surround, and sliders out to the sun-soaked pool deck. There is a formal dining room, a separate family room with wet bar and ice maker, a large kitchen with an adjacent breakfast room, a butler's pantry and an antechamber that is set up to be a wine storage room. The kitchen has a double oven, huge subzero freezer, separate refrigerator and plenty of countertop space, and a handy passthrough to the family room. There are two bedrooms on the first floor and a bathroom which serves as a pool bath if you don’t want to rinse off in the outdoor shower. In addition to the four bedrooms and office in the main house, there are two additional air-conditioned work/hobby spaces in the garage, which is accessed via a covered walkway. One of the rooms faces north and was used as an art room. The other is sound-proofed and could work well as an office, dark room or gym. The oversized garage has a workbench. The second floor has two sections connected via a walkway overlooking the main living area. To the right is a nice sized bedroom and ensuite bathroom and to the left is the primary suite with a beautiful wood-paneled office with rich wooded cabinetry and a wood burning fireplace. A screened balcony off the bedroom and office offers unparalleled views of the intracoastal waterway and some of the Gulf coast’s finest sunset skies. These wide-open west-facing views are part of what makes this home an incredible opportunity for its new owner. There is a covered screened lanai as well as uncovered outdoor living and dining space. The pool is huge and has a max depth of 8’. There is a 100’ long dock and a navigable route out to the main channel. Take this incredible .97-acre waterfront property, make it your own, and enjoy endless sunsets and all that the Florida lifestyle has to offer!

Details

Property type

Single Family Residence

Est. home value

$2,861,466

Lot size

0.97 acres

Price per sq ft

$866

Year built

1989

Annual property taxes

$9,784.29

HOA

No

Price History

04/18/2024
StellarMLS

StellarMLS #A4597840

Price change
$3,995,000
-11.22%
02/13/2024
StellarMLS

StellarMLS #A4597840

Listed
$4,500,000

Schools & Community

Elementary school: 

Laurel Nokomis Elementary

Middle school: 

Venice Area Middle

High school: 

Venice Senior High

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Merrill Lynch Credit Corp

Loan start date

April 2003

Original loan amount

$596,241

Est. remaining balance

Not provided

Interest rate

5.67%

Loan type

New Conventional

Seller

Sylvia N Turner

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 11/05/2024 at 6:30 PM

Listing updated: 10/22/2024 at 1:00 PM

Listed by: Bev Murray, BERKSHIRE HATHAWAY HOMESERVICES FLORIDA REALTY Phone #: (941) 225-7355

MLS: StellarMLS #A4597840

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