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$3,600,000

Beds
4
Baths
3.0
sq ft
2,900

3460 Mistletoe Ln, Longboat Key, FL 34228

3460 Mistletoe Ln

LONGBOAT KEY, FL 34228

  • 33 days on market
Move in today and embrace the ultimate coastal lifestyle in this completely updated, turnkey furnished bayfront residence in the highly sought-after Corey’s Landing neighborhood. Designed with a fresh coastal contemporary aesthetic, this four-bedroom home showcases meticulous updates, offering a sophisticated retreat located directly on Sarasota Bay. With its prominent waterfront location, cathedral ceilings, and walls of brand-new impact glass, the residence is bathed in natural light, framing breathtaking panoramic views from nearly every room. Every detail of this nearly 3,000-square-foot home has been thoughtfully curated, blending modern elegance with timeless comfort. Recent updates include a new roof (2019), freshly painted interior and exterior, oak hardwood flooring throughout, and updated electrical and plumbing. A brand-new dock and 10,000-pound boat lift, set for completion in 2025, provide direct access to the bay for boating enthusiasts. Custom lighting, tailored built-ins, and a water vapor fireplace set against a striking shiplap wall complete the picture of contemporary luxury. Step inside to an open and inviting floor plan, elevated by designer furnishings and modern finishes. Floating shelves, crown molding, and carefully selected details create a space that feels both chic and welcoming. The expansive great room flows effortlessly into the chef’s kitchen, a true showpiece. Custom natural wood cabinetry, quartz countertops with a waterfall-edge island, and a dramatic full-height backsplash are paired with premium Viking appliances, including a 6-burner gas stove and warming drawer. This gourmet space is as functional as it is stylish, offering plenty of room for cooking, dining, and entertaining. Walls of brand-new sliding glass doors connect the indoor and outdoor living areas. Outside, the screened lanai is a haven of relaxation, with Travertine tile decking, a summer kitchen with a built-in grill, and spacious lounge and dining areas. The serene primary suite, located on the main level, is a private escape with two walk-in closets and a beautifully renovated en-suite bathroom featuring quartz finishes and designer fixtures. Two additional bedrooms on the main floor, one currently used as a cozy den, provide flexibility for guests or a home office. Upstairs, the fourth bedroom suite and bonus room offer an ideal retreat for overnight visitors or a quiet sanctuary for relaxation. Corey’s Landing offers a maintenance-free lifestyle within the secure gates of Longboat Key’s exclusive Bay Isles community. Steps from your front door, enjoy the community’s tennis courts for a friendly match or head across the street to the heated pool and spa, perfect for unwinding or socializing with neighbors. Residents also enjoy private access to the Bay Isles Beach Club, where pristine Gulf beaches provide a serene escape just a bike ride or sunny walk away.

Details

Property type

Single Family Residence

Est. home value

$2,100,359

Lot size

0.24 acres

Price per sq ft

$1,242

Year built

1989

Annual property taxes

$12,199

HOA

Yes

Price History

11/19/2024
StellarMLS

StellarMLS #A4628729

Listed
$3,600,000
+80%
03/29/2024
StellarMLS

StellarMLS #A4595423

Sold
$2,000,000
-10.11%
03/16/2024
StellarMLS

StellarMLS #A4595423

Pending
$2,225,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Gated, Golf, Pool

Negotiation Insights

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

Seller could get up to

$2,806,077
Asking price
$3,600,000
Closing costs (~8% of asking)
-$288,000
Est. remaining loan balance
-$505,923
Cash to seller
$2,806,077

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

First Home Bank

Loan start date

April 2021

Original loan amount

$548,250

Est. remaining balance

$505,923

Interest rate

3.05%

Loan type

New Conventional, 30 year

Seller

Thomas Royall Smith and Sharon Lee Smith

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: 12/22/2024 at 10:15 AM

Listing updated: 12/17/2024 at 10:09 AM

Listed by: Roger Pettingell, COLDWELL BANKER REALTY Phone #: (941) 383-6411

MLS: StellarMLS #A4628729

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