NOT LISTED FOR SALE

700 Lyons Ln Longboat Key, FL 34228

Estimated Value: $3,260,000 - $3,826,000

4 Beds
5 Baths
4,763 Sq Ft
$749/Sq Ft Est. Value

Last Sold September 23, 2022

Last sale price $3,900,000 $819 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $23,114/month

60 Days on Market

Highlights

  • 120 Feet of Salt Water Canal Waterfront
  • Boat Lift
  • Heated In Ground Pool
  • White Water Ocean Views
  • Public Beach
  • Deck

About This Home

As of September 2022

CASUAL ELEGANCE best describes this LUXURY, WATERFRONT HOME on LONGBOAT KEY! The BEST OF ALL WORLDS with EXPANSIVE BAY VIEWS in the front, DEEP WATER BOATING in the back & walking distance to a WORLD CLASS BEACH! Custom built in 2006, you’ll fall in love with the timeless British West Indies style and captivating water views from most every room in this home. MOVE-IN READY – THIS HOME IS BEAUTIFUL & READY NOW – NO NEED TO WAIT OR PAY FOR COSTLY RENOVATIONS OR UPDATING! Situated on 1.5 lots, this two-story residence has 4 full bedrooms, 3 full bathrooms and 2 half baths, as well as a 3-car garage with a storage loft and features volume ceilings (9.5’ & 10’), crown molding, 8’ doors and solid wood floors. A full-service elevator serves the garage, first and second floors. Downstairs you’ll find the living room with a gas fireplace, separate dining room, separate family room, half bathroom, foyer, separate office/study, wet-bar and a fully equipped gourmet kitchen including full size SubZero refrigerator & freezer, double oven, gas cooktop, microwave, 2 dishwashers and wine-cooler. Up the wood staircase or by elevator, you’ll find the 2nd level living room/game room/gathering space with a wet bar, two verandas – one overlooking the bay and lagoon and one overlooking the canal, the dock and pool areas, all 4 bedrooms – 2 master suites (each with ensuite full bathrooms) and 2 other bedrooms with a Jack & Jill full bath, half bath and the laundry room. From the lower level of the home, you’ll go out to the veranda complete with a summer kitchen and motorized screens. This veranda overlooks the heated, saltwater pool & spa, travertine deck areas with a pergola, outdoor shower, tropical landscaping, the 120’ seawall with an 80’ Trex dock, boat lift and cut-out for jet skis. The front veranda overlooks the lagoon and bay and has motorized screens. Sellers share a special permit with neighbors to maintain the mangroves and bay views. Whether you enjoy fishing, boating, paddle boarding, kayaking or just strolling on the beach - the LONGBOAT KEY LIFESTYLE AWAITS YOU!!! Beautiful white sandy beaches of Longboat Key and Anna Maria Island are just minutes away! You’ll find shopping, dining, and nightlife on St Armand’s Circle and all the cultural amenities are available in Downtown Sarasota. Be sure to watch the video walk-through> https://player.vimeo.com/video/723116353 and the 360 tour> https://my.matterport.com/show/?m=ax5wqC1Ns49&mls=1 - DON’T WAIT – SCHEDULE A PRIVATE SHOWING TODAY!!!

Last Agent to Sell the Property

Mary Lou Hetman

WHITE SANDS REALTY GROUP FL License #3360479 Listed on: 06/24/2022

WHITE SANDS REALTY GROUP FL

Co-Listed By

Julie Larson

WHITE SANDS REALTY GROUP FL License #3294350

Last Buyer's Agent

Andrew Haddad

COMPASS FLORIDA LLC License #3146867

COMPASS FLORIDA LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $32,715

Year Built

  • Built in 2006

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 120x124
  • 120 Feet of Salt Water Canal Waterfront
  • Property fronts a saltwater canal
  • Public Beach
  • North Facing Home
  • Fenced
  • Mature Landscaping
  • Oversized Lot
  • Irrigation
  • Landscaped with Trees
  • Property is zoned R4SF

Parking

  • 3 Car Attached Garage
  • Ground Level Parking
  • Side Facing Garage
  • Garage Door Opener
  • Driveway

Property Views

  • White Water Ocean
  • Lagoon
  • Canal

Home Design

  • Slab Foundation
  • Stem Wall Foundation
  • Metal Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 4,763 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Wet Bar
  • Bar Fridge
  • Crown Molding
  • High Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • French Doors
  • Family Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Den
  • Inside Utility
  • Crawl Space

Kitchen

  • Built-In Convection Oven
  • Cooktop with Range Hood
  • Recirculated Exhaust Fan
  • Microwave
  • Ice Maker
  • Dishwasher
  • Wine Refrigerator
  • Stone Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Wood
  • Carpet
  • Marble
  • Tile
  • Travertine

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Upstairs
  • Split Bedroom Floorplan
  • Walk-In Closet

Laundry

  • Laundry Room
  • Laundry on upper level
  • Dryer
  • Washer

Home Security

  • Home Security System
  • High Impact Windows

Pool

  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Gunite Pool
  • Saltwater Pool
  • Outdoor Shower
  • Pool Lighting

Outdoor Features

  • No Fixed Bridges
  • Access to Saltwater Canal
  • Boat Lift
  • Dock made with Composite Material
  • Balcony
  • Deck
  • Covered Patio or Porch
  • Outdoor Kitchen
  • Outdoor Grill

Schools

  • Anna Maria Elementary School
  • Martha B. King Middle School
  • Bayshore High School

Utilities

  • Zoned Heating and Cooling
  • Thermostat
  • Propane
  • Tankless Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

  • Property has a Home Owners Association
  • Sleepy Lagoon Community
  • Sleepy Lagoon Park 2 Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$32,715

Year Built

Built in 2006

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block, Stucco
  • Fireplace: Yes
  • Living Area: 4763
  • Lot Size Acres: 0.34
  • New Construction: No
  • Year Built: 2006
  • Lot Size Sq Ft: 14880
  • Status: Sold
  • Co List Office Mls Id: MFR284509352
  • Co List Office Phone: 941-923-5835
  • Ownership: Fee Simple
  • Escrow State: FL
  • Minimum Lease: 1 Month
  • RATIO Current Price By Calculate: 818.81
  • Total Acreage: 1/4 to less than 1/2
  • Water Access YN: 1
  • Tax Year: 2021
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Gas, Living Room
  • Living Area Units: Square Feet
  • Flooring: Carpet, Marble, Tile, Travertine, Wood
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Central Vaccum, Crown Molding, Elevator, High Ceilings, Master Bedroom Upstairs, Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Stone Counters, Thermostat, Walk-In Closet(s), Wet Bar, Window Treatments
  • Appliances Included: Bar Fridge, Built-In Oven, Convection Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Ice Maker, Microwave, Range Hood, Refrigerator, Tankless Water Heater, Washer, Wine Refrigerator
  • Foundation Details: Crawlspace, Slab, Stem Wall
  • Total Bedrooms: 4
  • Levels: Two
  • Spa Features: Heated, In Ground
  • Spa Yn: Yes
  • Stories: 2
  • Window Features: Impact Glass/Storm Windows
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Den/Library/Office,Family Room,Formal Dining Room Separate,Formal Living Room Separate,Inside Utility
  • Living Area Meters: 442.50

Exterior Features

  • Direction Faces: North
  • Other Structures: Outdoor Kitchen
  • Pool Features: Gunite, Heated, In Ground, Lighting, Salt Water
  • Exterior Features: Balcony, Fence, French Doors, Irrigation System, Outdoor Grill, Outdoor Kitchen, Outdoor Shower
  • Roof: Metal
  • Pool Private: Yes
  • View: Water
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Deck, Front Porch, Patio, Rear Porch
  • Road Surface Type: Asphalt, Paved
  • Disclosures: HOA/PUD/Condo Disclosure, Seller Property Disclosure
  • Water Access: Beach - Public,Canal - Saltwater
  • Water Extras: Bridges - No Fixed Bridges,Dock - Composite,Lift
  • Water Frontage Feet Canal Salt: 120
  • Water View: Bay/Harbor - Full,Canal,Lagoon
  • Water View YN: 1
  • Waterfront Feet Total: 120

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Parking Features: Driveway, Garage Door Opener, Garage Faces Side, Ground Level, Oversized

Utilities

  • Utilities: BB/HS Internet Available, Cable Connected, Electricity Connected, Propane, Public, Sewer Connected, Water Connected
  • Cooling: Central Air, Zoned
  • Heating: Central, Electric
  • Laundry Features: Inside, Laundry Room, Upper Level
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Security: Security System
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0
  • Association Fee Requirement: Optional

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Schools

  • Elementary School: Anna Maria Elementary
  • High School: Bayshore High
  • Middle Or Junior School: Martha B. King Middle

Lot Info

  • Zoning: R4SF
  • Parcel Number: 7864200006
  • Additional Parcels: No
  • Fencing: Other
  • Lot Features: City Limits, Oversized Lot, Paved
  • Lot Dimensions: 120x124
  • Flood Zone Code: AE

Rental Info

  • Pets Allowed: Yes
  • Lease Restrictions YN: 0

Tax Info

  • Tax Annual Amount: 32715.49
  • Tax Book Number: 7-28
  • Tax Lot: 18

Multi Family

  • Waterfront Features: Canal - Saltwater

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 24, 2023
Sold by
Richter William Mark
Bought by
Max Country Properties Llc
Current Estimated Value
$3,568,543

Purchase Details

Listed on
Jun 24, 2022
Closed on
Sep 22, 2022
Sold by
Dorn Jeffrey T and Dorn Jeanne R
Bought by
Richter William Mark
Seller's Agent
Mary Lou Hetman
WHITE SANDS REALTY GROUP FL
Buyer's Agent
Andrew Haddad
COMPASS FLORIDA LLC
List Price
$4,100,000
Sold Price
$3,900,000
Premium/Discount to List
-$200,000
-4.88%
Views
7

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.68%
Original Mortgage
$2,730,000
Interest Rate
6.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 28, 2016
Sold by
Trahan Micahel and Trahan Desiree
Bought by
Dorn Jeffrey T and Dorn Jeanne R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,650,000
Interest Rate
4.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 10, 2011
Sold by
Eatrides James and Eatrides Pamela
Bought by
Trahan Michael and Trahan Desiree

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 30, 1999
Sold by
Fugler Leo E and Fugler Patricia A
Bought by
Eatrides James and Eatrides Pamela
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
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
Max Country Properties Llc -- Attorneys Title Guaranty Fund
Richter William Mark $3,900,000 Esquire Title & Escrow
Dorn Jeffrey T $2,200,000 Attorney
Trahan Michael $1,775,000 Barnes Walker Title Inc
Eatrides James $325,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Richter William Mark $2,730,000
Previous Owner Dorn Jeffrey T $1,650,000
Previous Owner Trahan Michael $800,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/23/2022 09/23/22 Sold $3,900,000 -4.9% $819 / Sq Ft
08/24/2022 08/24/22 Pending -- -- --
06/24/2022 06/24/22 For Sale $4,100,000 -- $861 / Sq Ft
Source: Stellar MLS

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
2025 $53,009 $3,229,303 $748,000 $2,481,303
2024 $53,009 $3,527,406 $748,000 $2,779,406
2023 $51,883 $3,371,489 $561,000 $2,810,489
2022 $40,425 $2,998,162 $500,000 $2,498,162
2021 $32,715 $2,086,685 $450,000 $1,636,685
2020 $31,746 $1,924,652 $437,500 $1,487,152
2019 $31,414 $1,893,402 $406,250 $1,487,152
2018 $30,125 $1,790,834 $406,250 $1,384,584
2017 $27,374 $1,725,045 $0 $0
2016 $16,525 $1,046,004 $0 $0
2015 $15,447 $1,024,818 $0 $0
2014 $15,447 $949,490 $0 $0
2013 $13,935 $858,361 $324,350 $534,011
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4538955

Stellar MLS

APN: 78642-0000-6