7689 COVE TERRACE Sarasota, FL $ 3,695,000
7689 COVE TERRACE
$ 3,695,000
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7689 COVE TERRACE

Sarasota, FL, 34231
$ 3,695,000
Bedrooms4 Baths4.0 Sq 4,564

Monthly Estimate*

$ 22,751

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Single Family Home for sale in Sarasota, FL

for $3,695,000 with 4 bedrooms and 4 full baths. This 4,564 square foot home was built in 1964 on a lot size of 0.36.

Just three homes in from the open waters of Little Sarasota Bay, this beautifully updated waterfront residence in Southpointe Shores offers a rare combination of location, scale, and immediate livability. Positioned on a quiet cul-de-sac with nearly 100 feet of Intracoastal frontage, the property captures wide water views and direct boating access in one of Sarasota’s most desirable neighborhoods. Spanning more than 4,500 square feet across two levels, the home is designed for both everyday comfort and entertaining. An open layout defines the main level, where wood-grain tile flooring connects the primary living spaces and walls of pocketing sliding glass doors open fully to the outdoor living areas—creating a seamless indoor-outdoor experience. The recently reimagined pool deck serves as the centerpiece of the home’s outdoor setting, featuring a covered lounge area, summer kitchen with built-in grill, and a resort-style heated pool and spa with sun shelf and waterfall features. The expansive patio overlooks peaceful waters, offering a dynamic waterfront backdrop from morning through sunset. Inside, the new chef’s kitchen has been thoughtfully updated (in 2024) with custom contemporary cabinetry, quartz countertops, high-end appliances—including a built-in Miele coffee station—center island with breakfast bar, and a full-sized wine cooler. The adjacent family room offers vaulted ceilings, water views, and a well-appointed wet bar with built-in shelving, creating a natural gathering space. Two guest suites with updated en-suite baths are located on the main level, along with a dedicated laundry room. The second floor is reserved for privacy, featuring an expansive primary suite with sweeping water views, fireplace, custom walk-in closet, and a marble en-suite bath. A study and additional bedroom on this level provide flexibility for a home office, fitness space, or nursery. Recent upgrades enhance both comfort and peace of mind, including impact windows and sliding glass doors (2020), a new seawall (2019), tile roof (2016), updated electrical wiring, modernized baths, and newer HVAC and water heater systems. Set on an oversized waterfront homesite with direct access to the Intracoastal Waterway, this boater’s sanctuary includes a newer private dock with 27,000-pound lift, accommodating a variety of boating needs. Southpointe Shores is a quiet, tucked-away waterfront community known for its proximity to Sarasota’s best coastal destinations. Siesta Key Beach and Crescent Beach are just minutes away, along with marinas, parks, and everyday conveniences. Downtown Sarasota’s cultural attractions—including The Bay Park, Selby Gardens, the Van Wezel Performing Arts Hall, galleries, and dining—are easily accessible, offering a lifestyle that balances privacy with connectivity.

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Single Family Active

Price

$ 3,695,000

Bedrooms

4

Full Bath

4

Property Type

Single Family

Taxes

$ 18,202

Style

Custom Elevated

Lot Size

0.36

Year Built

1964

Town/City

Sarasota

County/Region

Sarasota

MLS | Web ID

A4691515

Features
General
Sewer Private Sewer
Heating Central Electric Zoned
Cooling Central Air Zoned
Utilities Cable Available Electricity Connected Public Sewer Connected Water Connected
Roof Tile
Appliances Bar Fridge Built-In Oven Cooktop Dishwasher Disposal Dryer Microwave Refrigerator Washer Wine Refrigerator
Zoning RSF1
HOA Fee 295
Garage Spaces 2
Patio/Porch Features Deck Front Porch Patio Rear Porch
Architectural Style Custom Elevated
Pool Features Deck Gunite Heated In Ground Lighting Other Outside Bath Access
Security Features Closed Circuit Camera(s) Smoke Detector(s)
Construction Materials Stucco Wood Frame
Pets Allowed Yes
Year Built 1964
View Pool Water
Levels Two
Property Subtype Single Family Residence
Tax Year 2025
Ownership Fee Simple
Waterfront Features Bay/Harbor Front Waterfront Intracoastal Waterway
Community Features Bay/Harbor Front Dock Private Boat Ramp Water Access Waterfront
Assoc Fee Paid Per Annually
County Sarasota
New Construction false
Property Type Residential
Attached Garage true
Subdivision Name SOUTHPOINTE SHORES
Facing Direction North
Garage Y/N true
Other Structures Outdoor Kitchen
Total Rooms 11
Full Baths 4
Status Active
Directions US 41 South right onto Sandlewood Dr left onto Cove Ter house is on the left
High School Riverview High
City SARASOTA
Body of Water LITTLE SARASOTA BAY
Senior Community Y/N false
MLS Area 34231 - Sarasota/Gulf Gate Branch
Lot Size Units Square Feet
Lot Size Square Feet 15753
Carport Y/N false
Spa Features Heated In Ground
Elementary School Gulf Gate Elementary
Land Lease Y/N false
Tax Annual Amount 18202
Middle/Junior High School Brookside Middle
Additional Parcels Y/N false
Lease Considered Y/N true
Virtual Tour https://pix360.com/video/42270/
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Occupancy Type Owner
Tax Lot 83
Legal Description LOT 83 SOUTHPOINTE SHORES UNIT 2
Water View Bay/Harbor - Full Intracoastal Waterway
Water Access Type Bay/Harbor Intracoastal Waterway
Minimum Lease 1 Month
Water Access Y/N true
Monthly HOA Amount 24.58
Additional Rooms Den/Library/Office Family Room Formal Dining Room Separate Great Room Inside Utility
Water View Y/N true
Flood Zone Code AE
DockY/N true
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Interior
Interior Amenities Built-in Features Ceiling Fan(s) Eating Space In Kitchen High Ceilings Open Floorplan PrimaryBedroom Upstairs Solid Wood Cabinets Split Bedroom Stone Counters Tray Ceiling(s) Walk-In Closet(s) Wet Bar Window Treatments
Flooring Carpet Tile
Furnished Y/N Unfurnished
Fireplace Features Master Bedroom
Total Stories 2
Air Conditioning Y/N true
Heating Y/N true
Window Features Blinds Storm Window(s)
Fireplace Y/N true
Half Baths 0
Laundry Features Inside Laundry Room
Total Bedrooms 4
Total Baths 4
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Exterior
Exterior Amenities Lighting Outdoor Grill Outdoor Kitchen Private Entrance Private Mailbox Private Yard Rain Gutters Sidewalk Sliding Doors
Vegetation Mature Landscaping Trees/Landscaped
Fencing Fenced Other
Parking Features Circular Driveway Driveway Garage Door Opener Oversized
Lot Features Cul-De-Sac FloodZone In County Landscaped Private
Water Source Public
Lot Size Area 15753
Foundation Details Slab
Spa true
Building Area Total 5573
Lot Dimensions 98 x 159 x 98 x 173
Lot Size Acres 0.36
Road Surface Type Paved
Private Pool true
Waterfront Y/N true
Covered Spaces 2
Road Responsibility Public Maintained Road
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* Excluded Features
List By
Coldwell Banker Realty

Broker

Professionals@Pettingell.com

Email

Affordability Calculator

$24,268
Per Month
94%
6%
0%
Monthly Principal & Interest
$22,751
Monthly Property Taxes
$1,517
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
0 Elementary School
0 Middle School
Riverview High High School High School
Pricing History
DatePricePrice ChangeDescription
4/28/2026$3,695,000 Listed Price

Map


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7689 COVE TERRACE, Sarasota, FL, 34231 is a Single Family Home for sale at $3,695,000 with 4,564 sqft and a lot size of 0.36. 7689 COVE TERRACE has 4 bedrooms, 4.0 baths, and was built in 1964. The property's zip code is 34231 which is in Sarasota, FL