Listing Details for MLS # N6131408
749 Penfield Street, Longboat Key, Fl 34228

Residential Property - Single Family Residence in Longboat Key

Listing Price: $997,000Days on Market: 233Cumulative Days on Market: 325

Description of Property

Motivated Seller - All Offers Considered - Premium Sailboat Canal Residence! Priced for an expedited closing, with seller financing options available, this one-of-a-kind property won’t last long. Inspired by Venetian Canal Villas: Nestled in the highly sought-after Sleepy Lagoon neighborhood, adjacent to Hideaway Bay, this stunning home exudes a seamless blend of modern elegance and Mediterranean-inspired grandeur. Just a short walk to the beach and a quick drive to the luxurious St. Regis Resort, this canal-front estate offers the perfect combination of convenience and exclusivity. All lower level units flooded. Elegant Architectural Details & Premium Layout: A welcoming roundabout driveway leads you to an arched entry and a graceful atrium, setting the tone for the luxury within. Inside, expansive spaces, soaring ceilings, and floor-to-ceiling windows flood the home with natural light and frame the serene canal views. The first floor offers convenient living with a kitchen, living and dining rooms, two bedrooms, two bathrooms, and a spacious laundry room with ample closet space adds practicality to elegance. Breathtaking Upper Level: A beautiful oak staircase with a stylish metal railing guides you to the upper level. Here, a bridge adorned with decorative columns and panoramic windows leads to a magnificent living area with cathedral ceilings, oak wood floors with intricate inlays, and a cozy wood-burning fireplace. This space could easily be transformed into a second kitchen, master bedroom or entertaining area, adding versatility to the home’s design. The second floor also boasts front and rear balconies with sweeping views. The luxurious upper-level primary suite offers a marble bathroom retreat with a jacuzzi tub overlooking the canal, a spacious walk-in closet, and potential for a private bar or home office. Prime Location and Amenities: This home is close to all the best of Longboat Key amenities, including pristine beaches, world-class restaurants, a golf course, tennis courts, a library, and essential services. Embrace the beauty and sophistication of this exceptional, one-of-a-kind home—a true gem that simply can’t be missed.The average asking price for a 3 bedroom/3 bath single family residence in this Zip code is $3,462,143. This single family residence is listed at about 29% of the average asking price. This is the only 3 bedroom/3 bath single family residence between $800,000 and $1,200,000 currently listed for sale in this Zip code.