$2,895,000
$355K PRICE DROP

17385 Keystone Rd Summerland Key, FL 33042

Estimated payment $16,450/month

Total Views 9,875
4 Beds
4 Baths
1,804 Sq Ft
$1,605 Price per Sq Ft

About This Home

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.

Listing Agent

Lisa Swanson

Berkshire Hathaway HomeServices Knight & Gardner Realty License #BK3226537 Listed on: 01/14/2026

Map

Home Details

Home Type

Single Family

Year Built

1985

Lot Details

0.56 Acres

Listing Details

  • Property Type: Residential
  • Year Built: 1985
  • Building Style Above Flood: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Washer, Dryer, Dishwasher, Refrigerator, Oven, Freezer

Exterior Features

  • Waterfront: Yes
  • Exterior Features: Fencing, Privacy Wall/Fence, Sandy Beach, Storage

Lot Info

  • Parcel Number: 00166680-000000

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2025

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Sold Price
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Tax History

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 $13,219 $2,075,024 $1,466,711 $608,313
2024 $13,571 $2,011,142 $1,455,711 $555,431
2023 $13,571 $2,358,554 $1,822,384 $536,170
2022 $11,323 $1,757,683 $1,213,707 $543,976
2021 $10,484 $1,408,180 $913,036 $495,144
2020 $8,838 $1,030,529 $781,034 $249,495
2019 $7,545 $771,240 $517,029 $254,211
2018 $7,832 $779,625 $520,696 $258,929
2017 $8,673 $965,826 $0 $0
2016 $8,527 $985,359 $0 $0
2015 $7,629 $816,267 $0 $0
2014 $7,402 $781,357 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/15/2026 04/15/26 Price Changed $2,895,000 -3.3% $1,605 / Sq Ft
03/02/2026 03/02/26 Price Changed $2,995,000 -1.8% $1,660 / Sq Ft
02/21/2026 02/21/26 Price Changed $3,050,000 -6.2% $1,691 / Sq Ft
01/14/2026 01/14/26 For Sale $3,250,000 -- $1,802 / Sq Ft
Source: Key West Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $995,000 --
Interfamily Deed Transfer -- --
Deed $38,000 --
Source: Public Records

Source: Key West Association of REALTORS®

MLS Number: 618105

Key West Association of REALTORS®

APN: 00166680-000000

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