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Sold for $7,700,000
  • $7,700,000

    501 Harbor Point Rd, Longboat Key, FL 34228

    5beds
    6,125sqft
    Single Family Residence
    Built in 1989
    0.56 Acres Lot
    $7,692,100 Zestimate®
    $1,257/sqft
    $25,156 Estimated rent

    Home value

    $7,692,100

    $7.08M - $8.38M

    $25,156/mo

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    What's special

    Rare opportunity to acquire completely remodeled waterfront residence (Finished in 2023) on Sarasota’s most prestigious barrier island of Longboat Key, in the coveted Harbors enclave of Bay Isles. Orchestrating exceptional style, comfort, and barefoot elegance, this five-bedroom home stirs the senses. Completely redesigned by renowned architect Clifford Scholz, construction was completed in October 2023 after two years. This home is filled with top of the line finishes that merge with a thoughtful floorplan and an endless list of custom touches. Set on a dreamy corner lot with basin frontage that leads straight into Sarasota Bay, the outdoor experience was perfected by award-winning landscape architect Michael A. Gilkey. Upon entering the foyer, your eyes are immediately drawn to the oil rubbed, hand scrapped wood floors and extensive woodwork throughout the entire home. The formal living room, anchored by a custom wormy butternut bar, coffered ceilings with hidden air vents and speakers and a wealth of french doors, which leads directly to the outdoor living room, protected by retractable screens and shutters. Enter the chef’s kitchen complete with Viking and Subzero appliances, Italian soapstone countertops, custom Campbell cabinetry, Miele built-in coffee station and ice maker in the beverage center, and two concealed Cove dishwashers. Rounding out the kitchen is the butler’s pantry with additional refrigerator, laundry, and custom cabinetry for storage of all your entertaining essentials. Enjoy morning coffee in the connected family room with gas fireplace and built-in bookshelves and cabinets. Conveniently located steps away is the large outdoor kitchen with grill, power burner, smoker, and custom dining table for twelve. Large media room contains custom leather theater seating and wet bar. Under the staircase is the climate controlled 506-bottle wine cellar with old-world marble floor. The breathtaking dining room includes custom built furniture imported from Italy, Juliet balcony, and wet bar. Two bedrooms finish out the first floor, one complete with custom built-in office. The pool bath has floating wood counters made from antique wooden boat slabs imported from France, mother of pearl shower wall tiles, and Waterstone fixtures. The primary suite is serene and spacious and opens to its own private terrace. Winding down every day becomes a cherished ritual in the primary bath which boasts large copper tub and Waterstone fixtures throughout, imported crema tile in zero clearance wet room that contains rain head, two handhelds, marble bench, and electronic privacy glass. The large ensuite closet is fully custom with mahogany wood slab island. A second-level primary bedroom offers an ensuite bath and its own private terrace. There is an efficiency bedroom, complete with ensuite bath with tub, and kitchenette with full-size fridge. The back yard pampers with a resort-like experience with pool with sun shelf, spa, custom firepit, outdoor shower and dog wash, and pet turf. The HOA maintains the seawall. The boat lift, jetski lift, and corresponding pilings are new, along with new Azek PVC decking material. Other notable items: 36,000 KW Kohler generator which powers the entire residence, Lutron smart home system, laundry room on each level of the home, three-car garage, and hidden retractable electronic Lutron shades throughout.

    Zillow last checked: 7 hours ago

    Listing updated: April 19, 2026 at 08:16pm

    Listing Provided by:

    Rich Polese 941-914-7115,

    COMPASS FLORIDA LLC 941-279-3630

    Bought with:

    Jessica Batten, 3404549

    SATO REAL ESTATE INC.

    Source: Stellar MLS,MLS#: A4625287MLS LogoOriginating MLS: Port Charlotte

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 6
    • Full bathrooms: 5
    • 1/2 bathrooms: 1
    Primary bedroom
    • Features: Walk-In Closet(s)
    • Level: Second
    • Area: 572 Square Feet
    • Dimensions: 26x22
    Bedroom 2
    • Features: Walk-In Closet(s)
    • Level: First
    • Area: 288 Square Feet
    • Dimensions: 16x18
    Bedroom 3
    • Features: Walk-In Closet(s)
    • Level: Second
    • Area: 260 Square Feet
    • Dimensions: 20x13
    Bedroom 4
    • Features: Walk-In Closet(s)
    • Level: Second
    • Area: 396 Square Feet
    • Dimensions: 18x22
    Bedroom 5
    • Features: Built-in Closet
    • Level: Second
    • Area: 464 Square Feet
    • Dimensions: 16x29
    Primary bathroom
    • Features: Dual Sinks, Tub with Separate Shower Stall
    • Level: Second
    Balcony porch lanai
    • Level: First
    • Area: 400 Square Feet
    • Dimensions: 40x10
    Dining room
    • Level: First
    • Area: 306 Square Feet
    • Dimensions: 18x17
    Kitchen
    • Features: Pantry
    • Level: First
    • Area: 324 Square Feet
    • Dimensions: 18x18
    Living room
    • Level: First
    • Area: 414 Square Feet
    • Dimensions: 23x18
    Media room
    • Level: Second
    • Area: 400 Square Feet
    • Dimensions: 25x16
    Heating
    • Central, Zoned
    Cooling
    • Central Air, Zoned
    Appliances
    • Included: Bar Fridge, Dishwasher, Disposal, Dryer, Electric Water Heater, Ice Maker, Microwave, Range, Range Hood, Refrigerator, Washer, Wine Refrigerator
    • Laundry: Inside, Laundry Room
    Features
    • Built-in Features, Cathedral Ceiling(s), Ceiling Fan(s), Dry Bar, Eating Space In Kitchen, High Ceilings, Kitchen/Family Room Combo, Open Floorplan, Smart Home, Solid Wood Cabinets, Split Bedroom, Stone Counters, Vaulted Ceiling(s), Walk-In Closet(s), Wet Bar, In-Law Floorplan
    • Flooring: Marble, Hardwood
    • Doors: French Doors, Outdoor Grill, Outdoor Kitchen, Outdoor Shower
    • Windows: Window Treatments
    • Has fireplace: Yes
    • Fireplace features: Family Room
    Interior area
    • Total structure area: 8,422
    • Total interior livable area: 6,125 sqft

    Property

    Parking
    • Total spaces: 3
    • Parking features: Circular Driveway, Garage Door Opener, Garage Faces Rear, Garage Faces Side, Guest
    • Attached garage spaces: 3
    • Has uncovered spaces: Yes
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Covered, Deck, Patio, Porch, Screened
    • Exterior features: Balcony, Dog Run, Irrigation System, Lighting, Outdoor Grill, Outdoor Kitchen, Outdoor Shower, Rain Gutters, Sidewalk, Storage
    • Has private pool: Yes
    • Pool features: Heated, In Ground, Lighting, Other, Outside Bath Access, Salt Water
    • Has spa: Yes
    • Spa features: Heated, In Ground
    • Has view: Yes
    • View description: Water, Bay/Harbor - Partial, Canal
    • Has water view: Yes
    • Water view: Water,Bay/Harbor - Partial,Canal
    • Waterfront features: Canal - Saltwater, Bay/Harbor Access, Beach - Access Deeded, Saltwater Canal Access, Intracoastal Waterway Access, Lift, Sailboat Water, Seawall
    Lot
    • Size: 0.56 Acres
    • Features: Corner Lot
    • Residential vegetation: Mature Landscaping
    Details
    • Additional structures: Outdoor Kitchen, Storage
    • Parcel number: 0009030002
    • Zoning: PD
    • Special conditions: None

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Block, Stucco
    • Foundation: Slab
    • Roof: Tile
    Condition
    • New construction: No
    • Year built: 1989

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Connected, Electricity Connected, Natural Gas Connected, Public, Sewer Connected, Underground Utilities, Water Connected

    Community & neighborhood

    Community
    • Community features: Deed Restrictions
    Location
    • Region: Longboat Key
    • Subdivision: BAY ISLES

    HOA & financial

    HOA
    • Has HOA: Yes
    • HOA fee: $649 monthly
    • Services included: Other, Private Road, Security
    • Association name: Manager
    • Second association name: Bay Isles
    Other fees
    • Pet fee: $0 monthly
    Other financial information
    • Total actual rent: 0

    Other

    Other facts
    • Listing terms: Cash,Conventional
    • Ownership: Fee Simple
    • Road surface type: Asphalt

    Price history

    DateEventPrice
    4/17/2026Sold$7,700,000-9.4%$1,257/sqft
    Source: Stellar MLS #A4625287 Report a problem
    2/19/2026Pending sale$8,500,000$1,388/sqft
    Source: Stellar MLS #A4625287 Report a problem
    6/10/2025Price change$8,500,000-14.1%$1,388/sqft
    Source: Stellar MLS #A4625287 Report a problem
    2/21/2025Price change$9,900,000-5.7%$1,616/sqft
    Source: Stellar MLS #A4625287 Report a problem
    11/18/2024Price change$10,500,000-8.7%$1,714/sqft
    Source: Stellar MLS #A4625287 Report a problem
    10/3/2024Listed for sale$11,500,000+325.9%$1,878/sqft
    Source: Stellar MLS #A4625287 Report a problem
    2/28/2020Sold$2,700,000-9.2%$441/sqft
    Source: Public Record Report a problem
    1/27/2020Pending sale$2,975,000$486/sqft
    Source: Premier Sotheby's International Realty #A4438974 Report a problem
    1/2/2020Price change$2,975,000-5.6%$486/sqft
    Source: Premier Sotheby's International Realty #A4438974 Report a problem
    6/17/2019Listed for sale$3,150,000+1.6%$514/sqft
    Source: PREMIER SOTHEBYS INTL REALTY #A4438974 Report a problem
    4/8/2019Listing removed$3,099,000$506/sqft
    Source: Premier Sotheby's International Realty #A4209607 Report a problem
    10/5/2018Price change$3,099,000-3.2%$506/sqft
    Source: Premier Sotheby's International Realty #A4209607 Report a problem
    3/8/2018Price change$3,200,000-5.9%$522/sqft
    Source: Premier Sotheby's International Realty #A4209607 Report a problem
    2/7/2018Listed for sale$3,399,000-5.5%$555/sqft
    Source: Premier Sotheby's International Realty #A4209607 Report a problem
    10/29/2017Listing removed$3,595,000$587/sqft
    Source: Michael Saunders & Company - Licensed Real Estate Broker Report a problem
    4/21/2017Listed for sale$3,595,000-6.8%$587/sqft
    Source: Michael Saunders & Company - Licensed Real Estate Broker Report a problem
    9/6/2016Listing removed$3,859,000$630/sqft
    Source: Premier Sotheby's International Realty #A4147693 Report a problem
    3/7/2016Listed for sale$3,859,000+10.4%$630/sqft
    Source: PREMIER SOTHEBY'S INTL. REALTY #A4147693 Report a problem
    3/20/2015Listing removed$3,495,000$571/sqft
    Source: Premier Sotheby's International Realty #A3993064 Report a problem
    7/12/2014Price change$3,495,000-7.9%$571/sqft
    Source: Premier Sotheby's International Realty #A3993064 Report a problem
    2/19/2014Listed for sale$3,795,000+4%$620/sqft
    Source: Signature Sotheby's International Realty #A3993064 Report a problem
    7/1/2013Listing removed$3,650,000$596/sqft
    Source: Michael Saunders & Company - Licensed Real Estate Broker Report a problem
    12/14/2012Listed for sale$3,650,000-3.8%$596/sqft
    Source: Michael Saunders & Company - Licensed Real Estate Broker Report a problem
    11/1/2012Listing removed$3,795,000$620/sqft
    Source: Michael Saunders & Company - Licensed Real Estate Broker Report a problem
    4/27/2012Listed for sale$3,795,000$620/sqft
    Source: Michael Saunders & Company - Licensed Real Estate Broker Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$64,798 +2.4%$5,069,163 +2.9%
    2024$63,257 +44.4%$4,926,300 +67.2%
    2023$43,807 +9.9%$2,945,866 +10%
    2022$39,856 +16.3%$2,678,060 +8.5%
    2021$34,270 +13.4%$2,468,200 +15.9%
    2020$30,229 -1.6%$2,129,600 -2.3%
    2019$30,722 $2,178,900 -9.4%
    2018$30,722 -9.6%$2,404,900 -3.5%
    2017$34,001 -19.5%$2,492,800 -22.2%
    2016$42,244 $3,205,100 +6.1%
    2015$42,244 +12.4%$3,019,500 +40.4%
    2014$37,571 +16.5%$2,150,100
    2013$32,253 +34.8%$2,150,100 +28.9%
    2012$23,933 +4.7%$1,668,185 +3%
    2011$22,867 -1.2%$1,619,597 +1.5%
    2010$23,150 +12.4%$1,595,662 +2.7%
    2009$20,598 $1,553,712 +0.1%
    2008$20,598 +2.1%$1,552,160 +3%
    2007$20,172 $1,506,951 +2.5%
    2006-- $1,470,196 +3%
    2005-- $1,427,375 +3%
    2004$21,455 -3.1%$1,385,801 +1.9%
    2003$22,142 -1.6%$1,359,962 +2.4%
    2002$22,492 +5.6%$1,328,088 +1.6%
    2001$21,304 +1.2%$1,307,173 +3%
    2000$21,043 $1,269,100

    Find assessor info on the county website

    Neighborhood: 34228

    Nearby schools

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    Estimated market value
    $7,692,100
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $7,692,100