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$10 million sale among Bay Isles' highest

Sale is top price of the year for a bayfront home on Longboat Key.

  • By
  • | 3:50 p.m. November 16, 2022
550 Harbor Point Road.
550 Harbor Point Road.
Courtesy Bruce Myer
  • Longboat Key
  • Real Estate
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A waterfront home that sold last week just around the corner from Sarasota Bay is one of the top sellers on Longboat Key this year. 

Bruce Meyer of Coldwell Banker Realty represented Gary and Kim Warren in the sale of the property at 550 Harbor Point Road, behind the gates of the Bay Isles community. Steve Walter of Michael Saunders & Co. represented the buyers, which county records show were Bill and Beverly Thomas of Dallas-based Arrowhead Management Trust. 

Sarasota Bay access is just around the point.
Courtesy Bruce Myer

The 6,000-square foot home sold for $10 million. Already in 2022, homes on Longboat have sold for $13.75 million, $11.5 million, $10.4 million, but each of those was a gulf-front property. This sale is the highest price in 2022 for a bayfront property and is among the highest prices ever attained in Bay Isles.   

The third of an acre lot sits on a deep-water canal with 156 feet of water frontage and is easily accessible to Sarasota Bay. The back yard dock can accommodate a large vessel, and a pair of personal watercraft lifts are immediately adjacent. 

The interior of 550 Harbor Point Road.
Courtesy Bruce Myer

An open pool with hot tub connect with a summer kitchen for waterfront outdoor entertaining with views of Sarasota Bay to the east. 

Inside, five bedrooms, five full baths and a half-bath are split between first and second floors, with the ground-level bedroom potentially serving as  a second master suite. 

The kitchen is appointed with two refrigerators, double sinks, two islands and a Wolf gas cooktop. An in-kitchen dining area also offers water views. 

The garage offers room for five vehicles, reached from Harbor Point Road via a paver driveway. 


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