$10,499,000
NEW CONSTRUCTION $501K PRICE DROP

1041 Buttonwood Dr E Sugarloaf Key, FL 33042

Estimated payment $57,527/month

Total Views 17,770
6 Beds
8 Baths
4,894 Sq Ft
$2,145 Price per Sq Ft

Highlights

  • Detached Guest House
  • New Construction
  • Waterfront
  • Open Water Access
  • Spa
  • Cathedral Ceiling

About This Home

Masterpiece of Modern Strength & Luxury | Brand-New Concrete Waterfront Estate on Prestigious Sugarloaf Key!
This extraordinary new construction stunner is engineered as a rare modern fortress— built entirely of concrete, built to the most stringent hurricane-resistant codes, and designed for the discerning buyer who demands architectural excellence, security, and elevated coastal living. Set on prime open water with sweeping panoramic views, this property delivers the rare combination of minimalist modernism, structural integrity, and luxury resort-style design.
The residence showcases a dramatic full flat rooftop deck spanning the entire top of the main home, offering uninterrupted 360 ocean sunrise and sunset views - private viewing platform unlike anything else in the Lower Keys. Inside, a breathtaking 19-ft double-volume open living area is wrapped in walls of glass, flooding the space with natural light. Sleek interior glass railings, porcelain floors, and refined finishes create a sophisticated aesthetic. Stunning chef's kitchen appointed with quartzite countertops, Monogram appliances, a bespoke bar, and a stone wine-display feature, all designed for high-end entertaining. The main residence features four luxurious private suites, each oriented to capture open-water views with direct access to generous covered terraces. A rare architectural highlight is the elevated above-flood concrete garage with soaring ceilings, loft storage space, dual cisterns, and luxury living quarters above, with kitchenette, washer/dryer, full bath, and a versatile flex room ideal for a bedroom, gym or office. A dedicated cabana bath opens directly to the pool. Outdoor living is elevated with a stunning pool and spa, outdoor shower, landscape lighting, and expansive covered entertaining and parking. A 230-ft dock is included in the sale. A statement of power, design, and luxury—brand new, turnkey, and crafted for the UHNW buyer seeking an exceptional coastal masterpiece!

Listing Agent

Lisa Swanson

Berkshire Hathaway HomeServices Knight & Gardner Realty License #BK3226537 Listed on: 12/10/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,150

Year Built

  • Built in 2025 | New Construction

Lot Details

  • 13,200 Sq Ft Lot
  • Waterfront
  • Privacy Fence
  • Fenced
  • Property is zoned IS - Improved Subivision District

Parking

  • Garage

Home Design

  • Concrete Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 4,894 Sq Ft Home
  • Elevator
  • Wet Bar
  • Bar
  • Cathedral Ceiling
  • Storage
  • Water Views
  • Impact Glass

Kitchen

  • Oven
  • Range
  • Freezer
  • Ice Maker
  • Dishwasher
  • Wine Cooler
  • Stainless Steel Appliances
  • Stone Countertops
  • Built-In or Custom Kitchen Cabinets

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Washer

Pool

  • Spa
  • Heated Pool
  • Outdoor Shower

Outdoor Features

  • Open Water Access
  • Lanai
  • Exterior Lighting
  • Outdoor Storage

Additional Homes

  • Detached Guest House

Utilities

  • Central Air
  • Cistern

Community Details

  • Sugarloaf Shores Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00165950-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,150

Year Built

Built in 2025 | New Construction

Lot Details

0.3 Acres

Listing Details

  • Property Type: Residential
  • Year Built: 2025
  • Building Style Above Flood: Yes
  • Property Condition: New Construction
  • Property Sub Type: Single Family Residence
  • Co List Office Mls Id: kwa.theagencyflk
  • Co List Office Phone: 305-916-1105
  • Subdivision Name: Sugarloaf Shores (17.0)
  • Special Features: 4098

Interior Features

  • Interior Amenities: Built-in Cabinets, Elevator, Storage, Walk-in Closet(s), Bar
  • Appliances: Washer, Dishwasher, Refrigerator, Range, Oven, Freezer, Ice Machine, Wine Cooler, Stainless Steel Appliance(s)
  • Full Bathrooms: 5
  • Half Bathrooms: 3
  • Total Bedrooms: 6

Exterior Features

  • Waterfront: Yes
  • Exterior Features: Fencing, Detached Guest Qtrs, Hot Tub, Lighting, Lanai, Outdoor Shower, Privacy Wall/Fence, Storage
  • Construction Type: CBS, Concrete
  • Waterfront: Open Water
  • Roof: Concrete Roof

Utilities

  • Laundry Features: Laundry Room
  • Cooling: Central Air
  • Utilities: FKAA, Cistern, Municipal Sewer

Condo/Co-op/Association

  • Pets Allowed: Yes

Lot Info

  • Parcel Number: 00165950-000000
  • Lot Size Sq Ft: 13200.0

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 11150.06

Map

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Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $11,449 $1,257,993 $1,257,993 --
2024 $10,656 $1,257,993 $1,257,993 --
2023 $10,656 $1,205,399 $1,197,174 $8,225
2022 $4,367 $536,070 $527,845 $8,225
2021 $3,969 $400,370 $391,802 $8,568
2020 $3,624 $349,016 $340,106 $8,910
2019 $3,638 $349,359 $340,106 $9,253
2018 $4,087 $387,155 $380,919 $6,236
2017 $6,992 $716,462 $0 $0
2016 $6,486 $625,376 $0 $0
2015 $6,797 $632,674 $0 $0
2014 $6,915 $648,098 $0 $0
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/01/2026 05/01/26 Price Changed $10,499,000 -1.9% $2,145 / Sq Ft
02/21/2026 02/21/26 Price Changed $10,700,000 -2.7% $2,186 / Sq Ft
12/10/2025 12/10/25 For Sale $11,000,000 -- $2,248 / Sq Ft
Source: Key West Association of REALTORS®

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Special Warranty Deed $3,100,000 None Listed On Document
Warranty Deed $1,500,000 Coral Reef Title
Warranty Deed -- Anthony J Barrows Llc
Warranty Deed $450,000 None Listed On Document
Quit Claim Deed $400,000 None Available
Deed $16,200 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Previous Owner $3,100,000 Construction
Previous Owner $350,000 New Conventional
Source: Public Records

Source: Key West Association of REALTORS®

MLS Number: 617664

Key West Association of REALTORS®

APN: 00165950-000000

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