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Walter Group Sets Two Records for Longboat Key Sales

Longtime Michael Saunders & Company Realtors Brokered Both Deals

 SARASOTA, FLA (Dec. 1, 2022) – Two distinctive luxury waterfront properties on Longboat Key set residential sale records in November. A 6,052-square-foot single-family home in an exclusive boating community sold for $10 million, the highest-ever bayfront sale on Longboat Key, and a more than 6,000-square-foot Gulf-front penthouse sold for $8.2 million, becoming the highest-priced beachfront condominium sale on the barrier island.

Janet and Steve Walter of the Walter Group Longboat Key Realtors with Michael Saunders & Company represented the buyers in both sales – a magnificent estate at 550 Harbor Point Road in exclusive Bay Isles Harbor on Longboat Key,

550 Harbor Point Road, Longboat Key, FL

and a remarkable penthouse at 2161 Gulf of Mexico Drive PH3 Longboat Key FL 34228  in the enchanting En Provence community. Jenifer Schwell-Chaplin of Michael Saunders & Company represented the sellers of the penthouse, and Bruce Myer of Coldwell Banker Realty represented the sellers of the bayfront home.

2161 Gulf Of Mexico Dr, Longboat Key, FL

Janet and Steve Walter used their expertise and in-depth knowledge as 20-year-plus Longboat Key residents to facilitate the off-market purchase of the Bay Isles Harbor estate after the Dallas-based buyers were unable to find an “ultra-luxury open-water home” on the market that met their “refined requirements, including boating water, proximity to Longboat Key Club, dining, beach access, and entertainment venues,” Steve Walter said. “After touring from Casey Key to Anna Maria Island (by land and sea), the Walter Group established a short list of potential properties and were able to enter a negotiation with the owners of this exquisite home to close before Thanksgiving so that the buyers could entertain friends and family for Thanksgiving dinner.”

Designed to showcase unparalleled views of Sarasota Bay, the estate is a boater’s dream with 156 feet of prime deep water frontage. The elegantly appointed residence features striking architectural details and refined design, finishes, and fixtures, including a stunning curved staircase and dramatic coffered ceilings. In addition to five bedrooms and five-and-one-half bathrooms, the home includes two offices, multiple terraces, a waterfront pool and spa, and a five-car garage. “It’s a very unique home with a lot of beautiful millwork, rich mahogany wood tones, and beautiful views of the bay,” Janet Walter said.

The incomparable penthouse, perched above a lushly landscaped private seaside sanctuary featuring nearly six acres of tranquil beachfront, encompasses the entire top floor of a direct Gulf-front building. Almost 2,000 square feet of covered, open terrace space with stately stone columns boast beautiful Gulf, bay, and city skyline views. Flawless architectural details and incredible features are found throughout the richly appointed home, including four en-suite bedrooms, a handsome study, a family room with a fireplace and bar, an exceptional kitchen, and an air-conditioned three-car garage.

The Walter Group works out of Michael Saunders & Company’s Longboat Key South office at 440 Gulf of Mexico Drive. For additional comments, Janet can be reached at 941.232.2000 and Steve at 941.809.0907.

The Walter Group works out of Michael Saunders & Company’s Longboat Key South office at 440 Gulf of Mexico Drive. For additional comment, Janet can be reached at 941.232.2000 and Steve at 941.809.0907. Schwell-Chaplin works in the St. Armands Circle I office at 61 S. Boulevard of the Presidents and can be reached at 941.780.0968.

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