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A truly exceptional opportunity, this premier point-lot estate in Dolphin Cove represents one of Sarasota’s most coveted waterfront opportunities. Perfectly positioned on Sarasota Bay, the property boasts approximately 210 feet of deep-water frontage, ideal for large yachts and sailboats, with panoramic, unobstructed bay views that feel endless.
Whether your vision is to expand the existing residence, downsize in style, build a custom waterfront masterpiece, this rare property provides remarkable flexibility. The home now features a brand-new dock, along with newly enhanced elevation for peace of mind.
Tucked away on a quiet cul-de-sac, the residence is designed to maximize its stunning setting, with walls of windows framing the water from nearly every angle. The open-concept Florida-style layout includes a split floor plan with two primary suites, one offering direct pool access.
The chef’s kitchen is thoughtfully designed with premium finishes and functionality in mind: quartzite countertops (harder than granite with a soft, non-glare finish), custom solid-wood cabinetry, dual dishwashers, oversized sink, under-counter water filtration, double ovens with convection and roasting capabilities, a paneled refrigerator with ice maker, and two built-in wine refrigerators.
The living and dining areas are equipped with motorized sun-filtering blinds, allowing effortless control of light and views. The main primary suite features a spa-style bath with dual vanities, a Jacuzzi soaking tub, walk-in shower, walk-in closet, and an electric fireplace (with a wood-burning option behind it), all opening seamlessly to the backyard and waterfront beyond.
Outdoor living is elevated with a covered rear patio addition, complete with a professional-grade outdoor grill and rotisserie, finished in Italian shell-stone pavers compressed to 4% porosity—beautiful, durable, and resistant to staining. The PebbleTec swimming pool is surrounded by matching shell-stone decking accented with natural oblong shells that shimmer in the sunlight.
Boating enthusiasts will appreciate the brand new private dock with a 13,000-pound boat lift, strategically placed along the right side of the seawall to preserve uninterrupted water views—no dock blocking your horizon here.
Additional features include a concrete tile roof with a modified bitumen secondary membrane, hurricane-impact windows and doors, high-efficiency HVAC with updated ductwork, new water supply lines, an 80-gallon water heater, private well with zoned irrigation, and a two-and-a-half-car garage with sink and hurricane-rated doors.
The seller reports that county guidelines (buyer to verify) allow for a structure of approximately 5,537 square feet on the main level, with the potential for a second story—an exceptionally rare opportunity for waterfront construction of this scale.
This is a one-of-a-kind Sarasota Bay property offering privacy, scale, and timeless waterfront appeal. Please schedule s showing to fully appreciate the details and setting of this extraordinary home.
Property Details
Price: $3,990,000
Sq Ft: 2,640
($1,511 per
sqft)
Bedrooms: 3
Bathrooms: 3
City: Sarasota
County: Sarasota
Type: Single Family Reside
Development: Southpointe Shores
Acres: 0.36
Virtual Tour/Floorplan:
View
Year Built: 1972
Listing Number: A4680569
Status Code: A-Active
Taxes: $24.00
Tax Year: 2025
Garage:
2
Furnishings: Unfurnished
Pets Allowed: Yes
Interior Features:
Built-in Features
Ceiling Fans(s)
Crown Molding
Eat-in Kitchen
Kitchen/Family Room Combo
Living Room/Dining Room Combo
Open Floorplan
Pest Guard System
Primary Bedroom Main Floor
Solid Surface Counters
Solid Wood Cabinets
Split Bedroom
Stone Counters
Thermostat
Walk-In Closet(s)
Financial Information:
Taxes: $24.00
Tax Year: 2025
Association Fee: $150.00
Association Fee Frequency: Annually
Condo Fee Frequency: Annually
Exterior Features:
French Doors
Lighting
Outdoor Grill
Rain Gutters
Sliding Doors
Equipment:
Built-In Oven
Convection Oven
Cooktop
Dishwasher
Disposal
Dryer
Electric Water Heater
Exhaust Fan
Kitchen Reverse Osmosis System
Microwave
Range Hood
Refrigerator
Washer
Water Filtration System
Water Purifier
Whole House R.O. System
Wine Refrigerator
View:
Water
Waterfront Description:
Bay/Harbor
School Information:
Elementary School: Gulf Gate Elementary
Middle School: Brookside Middle
Junior High: Brookside Middle
High School: Riverview High
Additional Information:
MLS Area: 34231 - Sarasota/Gulf Gate Branch
Price per Square Feet: $1,511.36
Total Floors: 1
Water: Private, Well
Lot Desc.: Cul-De-Sac, Floodzone, In County, Level, Street Dead-End, Paved, Tip Lot
Construction: Block
Date Listed: 2026-02-10 15:07:48
Pool: Yes
Pool Type: Gunite, In Ground, Lighting
Private Spa: No
Furnished: Unfurnished
Windows: Energy Star Qualified Windows, Insulated Windows, Low-Emissivity Windows, Thermal Windows
Parking: Driveway, Garage Door Opener, Oversized
Garage Spaces: 2
Flooring: Ceramic Tile, Wood
Roof: Tile
Heating: Central, Zoned
Cooling: Central Air, Zoned
Pets: Yes
Sewer: Septic Tank
Map of 7692 Cove Terrace, Sarasota, FL 34231
Listing Courtesy Of: Bright Realty
margeo2010@gmail.com