tomo logo

$3,499,999

Beds
4
Baths
3.5
sq ft
3,602

585 Cutter Ln, Longboat Key, FL 34228

585 Cutter Ln

LONGBOAT KEY, FL 34228

  • <1 day on market
Exquisite Waterfront Retreat on Longboat Key Sarasota Bay with private beach access to the sugar-soft sands of the Gulf of Mexico. This meticulously maintained 3,600 sq. ft. waterfront home is a true paradise, offering breathtaking sunrise and sunset views and a seamless blend of indoor-outdoor luxury living. Step inside and experience unparalleled water views from nearly every room, enhanced by an expansive 1,000 sq. ft. addition designed to capture the beauty of the surrounding landscape. The newly renovated first-floor primary suite features a spa-like bathroom and direct access to the pool and patio. The updated chef’s kitchen boasts new high-end appliances, a stylish island, and an open layout, perfect for entertaining. Two additional first-floor bedrooms share a beautifully updated full bath creating a comfortable and stylish space for guests. The second primary suite upstairs is a versatile space with ten foot ceilings, that can serve as a private guest retreat, artist’s studio, executive home office, or an elegant great room, all with mesmerizing water views. Enjoy peace of mind with new hurricane-rated glass and doors, a whole-house water softener, new flooring throughout, new garage door, and freshly painted interior and exterior. A newer surround screened lanai area extends your living space, allowing for year-round enjoyment of the Florida breeze leading to a fenced in back yard. Solar panels for pool heating provide sustainable heating of the pool, complementing an energy efficient electric heater. Step outside to your new private dock, 14,000 pound aluminum boat lift, and a completely new sea wall with steel reinforced cap where you can relax on the bench seat and listen to the fish jump, hear the birds sing, and even spot dolphin and manatees in the canal. The lush tropical landscaping, and pristine outdoor spaces complete this boater’s paradise. Ideally situated just minutes from the prestigious Longboat Key Club, where you can enjoy championship golf, world-class dining, tennis, and pickleball. A short drive takes you to the renowned St. Armands Circle, home to upscale boutiques, gourmet restaurants, and vibrant nightlife. Meanwhile, downtown Sarasota’s thriving arts and entertainment scene, along with the convenience of Sarasota International Airport, are all within easy reach. This move-in-ready waterfront masterpiece embodies the pinnacle of luxurious coastal living. Don’t miss this rare opportunity to own a piece of paradise—schedule your private tour today

Details

Property type

Single Family Residence

Est. home value

$2,545,673

Lot size

0.28 acres

Price per sq ft

$972

Year built

1973

Annual property taxes

$13,862

Monthly HOA fee

$8.33

Price History

03/08/2025
StellarMLS

StellarMLS #A4640037

Listed
$3,499,999
+228.64%
04/11/2017
StellarMLS

StellarMLS #A4174152

Sold
$1,065,000
+60.15%
04/19/2011
StellarMLS

StellarMLS #A3923027

Sold
$665,000
-59.7%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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

$2,529,479
Asking price
$3,499,999
Closing costs (~8% of asking)
-$280,000
Est. remaining loan balance
-$690,520
Cash to seller
$2,529,479

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

Seller’s Loan History

Lender

Morgan Stanley Private Bank Na

Loan start date

March 2021

Original loan amount

$758,000

Est. remaining balance

$690,520

Interest rate

2.73%

Loan type

New Conventional, 30 year

Seller

John David Gornto and Anne Ahearn Gornto

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?

Status: Active

Tomo last checked: 03/09/2025 at 8:05 AM

Listing updated: 03/09/2025 at 6:51 AM

Listed by: Nicholle McKiernan, COLDWELL BANKER REALTY Phone #: (941) 383-6411

MLS: StellarMLS #A4640037

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