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Sold for $2,450,000
  • $2,450,000

    17385 Keystone Rd, Sugarloaf Key, FL 33042

    4beds
    1,804sqft
    Single Family Residence
    Built in 1985
    0.56 Acres Lot
    $2,450,400 Zestimate®
    $1,358/sqft
    $7,235 Estimated rent

    Home value

    $2,450,400

    $2.21M - $2.72M

    $7,235/mo

    Zestimate® history
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    What's special

    Private sandy beachExtraordinary waterfront retreatFabulous waterfront homeStunning open water viewsPristine canals
    Stunning open water views from this fabulous waterfront home! A truly rare and highly coveted 37,139 sqft lot point lot with A massive 362 FT OF WATERFRONTAGE on prestigious Sugarloaf Key, offering breathtaking panoramic open water views, exceptional privacy, and unmatched boating access. (24,662 sqft Upland & 12,477 submerged). These point lots are extremely limited and among the most sought-after properties on Sugarloaf, prized for their expansive water frontage and commanding views of sunrise, sunset, and moonrise. Set on a massive, fenced, and lushly landscaped lot, this extraordinary waterfront retreat enjoys no bridges to open water, making it ideal for boaters with T-tops and tuna towers. The open water side remains unobstructed, while the canal side features three boat lifts,a 10,000-lb lift, a 5,000-lb lift, and a 5,000-lb jet ski lift, thoughtfully positioned to preserve the spectacular open water views. The private sandy beach is perfect for launching paddleboards, kayaks, and water toys, while the pool creates a serene resort-style setting for relaxation and entertaining. The property is configured as a charming coastal compound, featuring a main residence with 2 bedrooms and 2 bathrooms, complemented by two separate studio cottages, each with its own bathroom, ideal for guests, extended family, or a private retreat feel. Nestled within a quiet, upscale waterfront neighborhood, Sugarloaf Shores is known for its pristine canals, biking and hiking trails, and relaxed island atmosphere, all while being just minutes to shops and restaurants and only 20 minutes from the magic of Key West. This is an incredible opportunity to own one of Sugarloaf Key's most exceptional and rare point lots where privacy, open water beauty, and effortless boating come together in perfect harmony.

    Zillow last checked:

    Listing updated:

    Listed by:

    Lisa Swanson 305-924-3777,

    The Agency Florida Keys

    Bought with:

    Madeleine Young, 3528269

    Island Welcome Real Estate LLC

    Justyn Ewald, 3363807

    Expert Realty LLC (HQ)

    Source: FLKMLS,MLS#: 618105MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 4
    • Full bathrooms: 4
    Heating
    • Has Heating (Unspecified Type)
    Cooling
    • Central Air
    Appliances
    • Included: Washer, Dryer, Dishwasher, Refrigerator, Oven, Freezer
    Features
    • Flooring: Combination
    Interior area
    • Total structure area: 1,804
    • Total interior livable area: 1,804 sqft

    Property

    Parking
    • Parking features: Open, RV Access/Parking
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: Accessible Elevator Installed
    Features
    • Patio & porch: Open Porch/Balcony, Deck
    • Exterior features: Sandy Beach, Storage
    • Has private pool: Yes
    • Pool features: Fiberglass
    • Fencing: Fenced,Privacy
    • On waterfront: Yes
    Lot
    • Size: 0.56 Acres
    • Dimensions: 24662 sqft upland 12477 submerged Total 37139 sqft
    Details
    • Parcel number: 00166680000000
    • Zoning: IS - Improved Subivision District

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Frame
    Condition
    • Year built: 1985

    Community & HOA

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

    Financial & listing details

    • Price per square foot: $1,358/sqft
    • Tax assessed value: $2,075,024
    • Annual tax amount: $14,473
    • Date on market: 1/14/2026

    Price history

    DateEventPrice
    8/17/2026Sold$2,450,000-15.4%$1,358/sqft
    Source: FLKMLS #618105 Report a problem
    7/31/2026Pending sale$2,895,000$1,605/sqft
    Source: Key West AOR #618105 Report a problem
    7/1/2026Contingent$2,895,000$1,605/sqft
    Source: FLKMLS #618105 Report a problem
    4/15/2026Price change$2,895,000-3.3%$1,605/sqft
    Source: FLKMLS #618105 Report a problem
    3/2/2026Price change$2,995,000-1.8%$1,660/sqft
    Source: FLKMLS #618105 Report a problem
    2/21/2026Price change$3,050,000-6.2%$1,691/sqft
    Source: FLKMLS #618105 Report a problem
    1/14/2026Listed for sale$3,250,000+226.6%$1,802/sqft
    Source: FLKMLS #618105 Report a problem
    9/6/2005Sold$995,000$552/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$14,473 +9.5%$1,366,298 +10%
    2024$13,219 -2.6%$1,242,089 +10%
    2023$13,571 +19.9%$1,129,172 +10%
    2022$11,323 +8%$1,026,520 +10%
    2021$10,484 +18.6%$933,200 +10%
    2020$8,838 $848,364 +10%
    2019$8,838 +17.1%$771,240 -1.1%
    2018$7,545 -3.7%$779,625 -19.3%
    2017$7,832 -9.7%$965,826 -2%
    2016$8,673 +1.7%$985,359 +20.7%
    2015$8,527 $816,267
    Find assessor info on the county website

    Neighborhood: 33042

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $2,450,400
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $2,450,400