A remarkable beachfront estate in the coastal community of Boca Grande has been sold for $21 million, marking one of the highest property sales in the area. Carol Stewart, a top-producing Realtor® with Michael Saunders & Company, expertly represented both the buyer and the seller in this transaction.
This impressive beachfront estate, located at 4511 Shore Lane, is set on over an acre of prime waterfront property and offers unparalleled views of the Gulf of Mexico. This custom-built residence, crafted by the renowned Dewey-Noller Builders, exemplifies luxury coastal living at its finest.
“The sellers, who built the house, enjoyed this spectacular home with their family for many years,” said Carol Stewart. “The new owners are second-generation Boca Grande homeowners and plan to make some family memories of their own.”
Over the past five years, the ultra-luxury residential real estate market in Sarasota, Manatee, and Charlotte counties has seen significant growth and record-breaking sales. This tri-county area along Florida’s Gulf Coast has become increasingly attractive to high-net-worth individuals seeking waterfront properties, exclusive amenities, and a luxurious lifestyle. The market has been characterized by a surge in demand for properties priced above $5 million, with several sales exceeding $10 million and now, $20 million.
Benchmark sales have been a hallmark of Michael Saunders & Company for over 48 years. As the recognized luxury leader in the region, the brokerage consistently excels in home sales of $2 million and above, combining deep local knowledge with global connections to provide unmatched service to discerning buyers and sellers.
Carol Stewart works out of the Michael Saunders & Company Boca Grande office at 420 E Railroad Avenue and can be reached for further comment at 941.964.2000.
Read more about this sale in the Business Observer: Family behind The Villages buys Boca Grande estate for $21M