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For sale
  • $1,939,000

    16640 Cypress Rd, Sugarloaf Key, FL 33042

    3beds
    1,764sqft
    : 
    Single Family Residence
    Built in 1991
    0.34 Acres Lot
    $1,816,400 Zestimate®
    $1,099/sqft
    $-- HOA

    What's special

    Two guest bedroomsNew quartz countertopsCovered parkingBreathtaking cathedral cupolaStainless steel appliancesVibrant tropical landscapingSpacious walk-in closet
    RARE Solar-Powered Waterfront Tropical Gem with TESLA Solar Storage Banks on Prestigious Sugarloaf Key! A rare opportunity to own a fully solar-powered waterfront residence featuring 26 solar panels and two Tesla Solar Powerwall storage banks, offering exceptionally low energy costs, backup power, and the potential to earn credits by supplying excess energy back to the grid. This elevated 3 BD, 2 BA, 1,764 SF home sits on exclusive Southpoint--only three homes from open water and just 20 minutes to Key West.Step inside to a breathtaking cathedral Cupola, soaring above the open living, dining, and great room. Impact-glass windows fill the space with natural light, highlighting the home's tropical architecture and warm coastal finishes. The kitchen is designed for effortless entertaining with a double island, stainless steel appliances, and new quartz countertops. The split floor plan creates exceptional privacy. The primary suite features a large walk-in shower, jacuzzi tub, double vanity, and a spacious walk-in closet that connects to a versatile laundry/fitness/office room--also home to the Tesla storage banks. The opposite wing offers two guest bedrooms and a dual-access bathroom with two private vanities. Enhance your waterfront lifestyle with an impressive concrete boat ramp for jet skis, boats, kayaks, and paddleboards, plus a newly installed 10,000 lb boat lift on a deep, wide, crystal-clear canal providing fast access to both the Gullf and Atlantic. The oversized 15,000 SF lot bursts with vibrant tropical landscaping and includes a newly completed tropical pool with natural rock feature. Enjoy sunset views and star-filled nights from the rooftop observation deck. Additional features include Andersen impact windows and sliding glass doors, low insurance costs, covered parking, and excellent storage below the home.A rare Keys offering combining sustainable energy, modern resilience, and luxurious waterfront living--an exceptional opportunity in today's market
    50 days
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    1,110
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    56
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    Zillow last checked: 8 hours ago

    Listing updated: January 20, 2026 at 09:23am

    Listed by:

    Lisa Swanson 305-924-3777,

    The Agency Florida Keys

    Source: FLKMLS,MLS#: 617675MLS LogoOriginating MLS: Key West Association

    Tour with a local agent

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Central
    Cooling
    • Central Air, Ceiling Fans(s)
    Appliances
    • Included: Washer, Gas Appliances, Freezer, Oven, Refrigerator, Dishwasher, Dryer
    • Laundry: Laundry Room
    Features
    • Cathedral Ceiling(s), Quartz Countertops, Storage, Built-in Cabinets, Split Bedroom
    • Flooring: Wood
    • Doors: Sliding Glass Doors
    • Windows: Window Treatments, Skylight(s), Impact Rstnce Window, Bahama, Panel
    Interior area
    • Total interior livable area: 1,764 sqft

    Property

    Parking
    • Parking features: Carport, Trailer Storage, RV Parking Open, Open
    • Has carport: Yes
    • Has uncovered spaces: Yes
    Features
    • Patio & porch: Open Porch/Balcony, Deck, Widow's Walk
    • Exterior features: Storage, Rain Gutters
    • Has private pool: Yes
    • Pool features: Heated, In Ground, Concrete, Salt Water
    • Fencing: Fenced,Privacy
    • Has view: Yes
    • View description: Bay/Gulf View, Water, Canal
    • Has water view: Yes
    • Water view: Bay/Gulf View,Water,Canal
    • Waterfront features: Canal Front, Waterfront, Dock: Composite, Dockage: Boat Ramp
    Lot
    • Size: 0.34 Acres
    • Features: 1/4 - 1/2 Acre
    Details
    • Additional structures: Workshop
    • Parcel number: 00166976011000
    • Zoning: IS
    • Zoning description: Improved Subivision District

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Frame, Hardi Board Siding
    • Roof: Metal
    Condition
    • Year built: 1991

    Utilities & green energy

    • Sewer: Municipal Sewer, Public Sewer
    • Utilities for property: FKAA
    Green energy
    • Energy generation: Solar, Solar Power

    Community & HOA

    Community
    • Security: Electric Gate
    • Subdivision: Sugarloaf Shores (17.0)
    HOA
    • Has HOA: No
    • Services included: None
    Location
    • Region: Sugarloaf Key

    Financial & listing details

    • Price per square foot: $1,099/sqft
    • Tax assessed value: $979,708
    • Annual tax amount: $11,168
    • Date on market: 12/11/2025
    Get pre-qualifiedBe ready to make an offer.
    Connect with an agentGet info on this home, tour, and more.
    Calculate monthly paymentSee if you can afford this home.

    Estimated market value

    $1,816,400

    $1.73M - $1.91M

    $7,101/mo

    Price history

    Price history
    DateEventPrice
    12/11/2025Listed for sale$1,939,000+20.4%$1,099/sqft
    Source: Key West AOR #617675 Report a problem
    3/27/2023Sold$1,610,000-7.7%$913/sqft
    Source: Key West AOR #602749 Report a problem
    3/4/2023Pending sale$1,745,000$989/sqft
    Source: FLKMLS #602749 Report a problem
    2/11/2023Contingent$1,745,000$989/sqft
    Source: FLKMLS #602749 Report a problem
    2/3/2023Price change$1,745,000-2.8%$989/sqft
    Source: FLKMLS #602749 Report a problem

    Public tax history

    Public tax history
    YearProperty taxesTax assessment
    2025$8,681 -22.3%$979,708 -24.7%
    2024$11,169 +108.3%$1,301,737 +109.6%
    2023$5,362 +2.9%$621,118 +3%

    Find assessor info on the county website

    BuyAbility℠ payment

    Est. payment
    $11,654/mo
    Principal & interest
    $9650
    Property taxes
    $1325
    Home insurance
    $679

      Climate risks

      Neighborhood: 33042

      Nearby schools

      GreatSchools rating

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