NOT LISTED FOR SALE

Estimated Value: $8,470,066 - $9,756,000

5 Beds
8 Baths
10,822 Sq Ft
$838/Sq Ft Est. Value

Last Sold June 11, 2024

Last sale price $9,000,000 $832 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $52,154/month

213 Days on Market

Highlights

  • Ocean View
  • Steam Room
  • Concrete Pool
  • Detached Guest House
  • Building Security
  • 0.67 Acre Lot

About This Home

As of June 2024

An opportunity that comes once in a lifetime... The Historic Lowe Mansion is being offered for sale. This majestic property stands alone in its beauty, historical significance, and renovation. The privacy of this property is unparalleled. It sits on one of the largest parcels of land in Old Town Key West amidst a magnificent tropical garden atop the highest point on the island, Solares Hill. The Estate includes the enormous 3 story main house, a standalone private 2 bedroom 1 1/2 bath caretaker's house, a large separate art studio that could easily be converted to an additional guest home or pool house, 2 glass conservatories with gym, hot tub and orchid garden, whole house generator, outdoor grill and kitchen, and numerous other structures. The top-level observation tower offers Gulf and Atlantic views. This exquisite compound has too many amenities to list; these are just a few of the many luxurious and historic finishes it offers. Pre-qualified individuals are welcome to request additional information or arrange for a showing. Over 150 years of gracious beauty and magic await at the preeminent home of Key West, the Lowe Mansion.

Last Agent to Sell the Property

Richard Lively

Coldwell Banker Schmitt Real Estate Co. (KW) License #3025597 Listed on: 09/15/2023

Coldwell Banker Schmitt Real Estate Co. (KW)

Last Buyer's Agent

Debra Koehler

Sage Partners, LLC License #BK479476

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $30,188

Year Built

  • Built in 1854 | Remodeled

Lot Details

  • 0.67 Acre Lot
  • Fenced
  • Sprinkler System
  • Property is zoned HMDR - Historic Medium Density Residential

Property Views

  • Ocean
  • Gulf

Home Design

  • Widow's Walk
  • Frame Construction
  • Metal Roof

Interior Spaces

  • 10,822 Sq Ft Home
  • 4-Story Property
  • Wet Bar
  • Cathedral Ceiling
  • Ceiling Fan
  • Some Wood Windows
  • Shutters
  • French Doors
  • Sliding Doors
  • Entrance Foyer
  • Workshop
  • Utility Room
  • Steam Room
  • Home Gym
  • Intercom

Kitchen

  • Oven
  • Range
  • Dishwasher
  • Wine Cooler
  • Stainless Steel Appliances
  • Granite Countertops
  • Built-In or Custom Kitchen Cabinets

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • Carport
  • Electric Gate
  • Off-Street Parking

Pool

  • Concrete Pool
  • In Ground Pool
  • Spa

Outdoor Features

  • Deck
  • Patio
  • Outdoor Water Feature
  • Outdoor Kitchen
  • Lanai
  • Exterior Lighting
  • Gazebo
  • Exterior Bathhouse
  • Shed
  • Attached Grill

Additional Homes

  • Detached Guest House

Utilities

  • Central Air
  • Heating Available
  • Separate Meters
  • Whole House Permanent Generator
  • Propane
  • Water Purifier
  • Public Hookup Available For Sewer

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 00012070-000000

Community Details

Overview

  • No Home Owners Association
  • Old Town Unrecord Subdivision

Security

  • Building Security

Home Details

Home Type

Single Family

Est. Annual Taxes

$30,188

Year Built

Built in 1854 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Fee Includes: None
  • Key Island: Key West
  • K W Neighborhood: Old Town-N of Truman
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 1.00
  • M L S Identifier: 20060123165453488875000000
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Median
  • State Province: FL
  • Taxes: 30187.73
  • Title: Negotiable
  • Vehicle Storage: Carport, Off Street Parking
  • Vehicle Storage Cars: 2
  • Year Built: 1854
  • Alternate Key Number: 1012408
  • Cooling Heating: Central Air, Ceiling Fans(s)
  • Lot Sq Ft: 29372.00
  • Pool Info: In Ground, Concrete
  • Porch Balcony: Deck, Patio, Widow's Walk, Roof Top Deck
  • Shutters: Other, Panel
  • Species List: No
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Yes
  • Building Style Stories: 4 Stories
  • Estimated Living Sq Ft: 10822.00
  • Pool Info Other: YES
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 4

Interior Features

  • Interior Amenities: Wet Bar, Built-in Cabinets, Walk-in Closet(s), Dade County Pine, Granite Counter Top, Entrance Foyer, Intercom, Split Bedroom, Cathedral Ceilings
  • Total Bathrooms: 8.00
  • Full Bathrooms: 4
  • Appliances: Washer, Water Purification, Stainless Steel Appliance(s), Wine Cooler, Gas Appliances, Oven, Range, Refrigerator, Dishwasher, Dryer
  • Floor: Tile, Wood
  • Half Bathrooms: 4
  • Specialty Rooms: Bath House, Other, Workshop, Utility Room, Sauna/Steam Room, Laundry Room, Gym
  • Windows/Doors: French Doors, Wood Windows, Glass Doors
  • Total Bedrooms: 5

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: Frame
  • Exterior Features: Built-in Grill, Water Display, Storage, Sprinkler System, Shed, Outdoor Kitchen, Lanai, Lighting, Hot Tub, Detached Guest Qtrs, Gazebo, Fencing
  • Roof: Metal Roof
  • Waterview: Ocean View, Open Water View, Bay/Gulf View
  • Pool: Yes

Utilities

  • Security: Electric Gate, Other, Secured Building
  • Utilities: FKAA, Propane, Elect Separate Meter, Whole House Generatr, Municipal Sewer
  • Heating: Electric

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: X
  • Parcel Number: 00012070-000000
  • Land Size: 1/2 - Less Than 1 AC
  • Acres: 0.67

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 15, 2023
Closed on
Jun 11, 2024
Sold by
Woodruff Thomas S and Epstein Irwin
Bought by
Eyw I Llc
Seller's Agent
Richard Lively
Coldwell Banker Schmitt Real Estate Co. (KW)
Buyer's Agent
Debra Koehler
Sage Partners, LLC
List Price
$9,300,000
Sold Price
$9,000,000
Premium/Discount to List
-$300,000
-3.23%
Views
767
Current Estimated Value
$9,068,689

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,689
Avg. Annual Appreciation
0.63%

Purchase Details

Closed on
Aug 27, 2021
Sold by
Woodruff Thomas S and Epstein Irwin
Bought by
Woodruff Thomas S and Epstein Irwin

Purchase Details

Closed on
Jun 15, 1998
Bought by
Woodruff Thomas S

Purchase Details

Closed on
Jun 3, 1997
Sold by
Southard Nv
Bought by
Woodruff Thomas S

Purchase Details

Closed on
Mar 1, 1981
Bought by
Woodruff Thomas S

Purchase Details

Closed on
Feb 1, 1974
Bought by
Woodruff Thomas S
Source: Public Records

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Eyw I Llc -- None Listed On Document
Woodruff Thomas S -- Attorney
Woodruff Thomas S $10,000 --
Woodruff Thomas S $2,000,000 --
Woodruff Thomas S $274,000 --
Woodruff Thomas S $90,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Woodruff Thomas S $1,200,000
Closed Woodruff Thomas S $0
Closed Woodruff Thomas S $776,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/11/2024 06/11/24 Sold $9,000,000 -3.2% $832 / Sq Ft
04/15/2024 04/15/24 Pending -- -- --
09/15/2023 09/15/23 For Sale $9,300,000 -- $859 / Sq Ft
Source: Marathon and Lower Keys Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

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
2024 $32,892 $4,313,527 -- --
2023 $32,892 $4,176,184 $0 $0
2022 $30,188 $3,716,985 $0 $0
2021 $29,869 $3,353,895 $0 $0
2020 $29,128 $3,278,814 $0 $0
2019 $28,663 $3,215,058 $0 $0
2018 $28,073 $3,138,567 $0 $0
2017 $26,740 $2,866,506 $0 $0
2016 $29,817 $3,025,756 $0 $0
2015 $29,510 $2,915,759 $0 $0
2014 $29,787 $2,896,262 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Marathon and Lower Keys Association of REALTORS®

MLS Number: 606660

APN: 00012070-000000