A rare opportunity to own an architectural masterpiece: Frank Lloyd Wright-inspired design with the sleek sophistication of Manhattan open concept loft living. Designed by architect Tom Tonnelier in 1991, this 4-story, waterfront residence is set on nearly two acres of serene, wooded privacy in Gainesville’s prestigious 'The Hammock' neighborhood. This stunning four-level home features multiple flex spaces—including the option to convert the 1st level into a self-contained in-law suite—a swimming pool, a 360 degree observatory, two-car garage, multiple decks and balconies, and floor-to-ceiling windows that fill the interior with natural light and showcase soaring 20-foot ceilings. A custom-built sculptural spiral staircase anchors all 4-story levels, while the outdoor elevator (installed in 2024) offers access between the 1st and 2nd floors. A multi-level screened deck overlooks the 40-foot heated lap pool, creating a seamless indoor-outdoor retreat perfect for both everyday living and effortless entertaining. Upgraded in 2021, every detail has been curated for comfort and style. This unique, one-of-a-kind home offers both peace of mind and enduring design. Turnkey opportunity.
Sold for $795,000 on 09/25/25
$795,000
5311 NW 98th Ter, Gainesville, FL 32653
3beds
2,342sqft
Single Family Residence
Built in 1993
1.93 Acres Lot
$795,100 Zestimate®
$339/sqft
$4,071 Estimated rent
Owner options
What's special
Zillow last checked: 7 hours ago
Listing updated: September 29, 2025 at 06:05am
Listing Provided by:
Rachel Kerensky 352-317-1717,
BHGRE THOMAS GROUP 352-226-8228
Bought with:
Rachel Kerensky, 3449193
BHGRE THOMAS GROUP
Source: Stellar MLS,MLS#: GC529168
Originating MLS: Gainesville-Alachua

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Primary bedroom
- Features: Dual Closets
- Level: Third
Kitchen
- Features: Breakfast Bar, Built-in Closet
- Level: Second
Living room
- Level: First
Heating
- Central, Heat Pump
Cooling
- Central Air
Appliances
- Included: Cooktop, Dishwasher, Dryer, Range Hood, Refrigerator, Tankless Water Heater, Washer
- Laundry: Inside
Features
- Cathedral Ceiling(s), Ceiling Fan(s), Eating Space In Kitchen, Elevator, High Ceilings, Open Floorplan, PrimaryBedroom Upstairs, Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Stone Counters, Thermostat
- Flooring: Luxury Vinyl, Porcelain Tile, Hardwood
- Doors: Sliding Doors
- Windows: Window Treatments
- Has fireplace: Yes
- Fireplace features: Family Room, Wood Burning
Interior area
- Total structure area: 3,330
- Total interior livable area: 2,342 sqft
Property
Parking
- Total spaces: 2
- Parking features: Circular Driveway, Driveway, Garage Faces Side, Ground Level, Oversized
- Attached garage spaces: 2
- Has uncovered spaces: Yes
Features
- Levels: Three Or More
- Stories: 3
- Patio & porch: Covered, Deck, Enclosed, Patio, Porch, Rear Porch, Screened, Side Porch
- Exterior features: Balcony
- Has private pool: Yes
- Pool features: Deck, Heated, In Ground, Lap
- Has view: Yes
- View description: Water, Creek/Stream, Pond
- Has water view: Yes
- Water view: Water,Creek/Stream,Pond
- Waterfront features: Creek, Pond, Creek Access, Pond Access
Lot
- Size: 1.93 Acres
- Features: Landscaped, Oversized Lot, Private
- Residential vegetation: Mature Landscaping, Trees/Landscaped
Details
- Parcel number: 06037039000
- Zoning: PD
- Special conditions: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Mid-Century Modern
- Property subtype: Single Family Residence
Materials
- Wood Siding
- Foundation: Block, Crawlspace, Slab
- Roof: Other
Condition
- New construction: No
- Year built: 1993
Utilities & green energy
- Sewer: Septic Tank
- Water: Well
- Utilities for property: Cable Available, Electricity Available, Electricity Connected, Water Available, Water Connected
Community & neighborhood
Location
- Region: Gainesville
- Subdivision: HAMMOCK THE
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $54 monthly
- Association name: David Cohen
- Association phone: 352-328-8918
Other fees
- Pet fee: $0 monthly
Other financial information
- Total actual rent: 0
Other
Other facts
- Ownership: Fee Simple
- Road surface type: Paved
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$795,100
2% more+$15,902
With Zillow Showcase(estimated)$811,002