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7689 COVE TERRACE

House For Sale
$3,499,000

BTC: 56.61812298

ETH: 2,004.00916380

-$196K (2026/05/27)
37 days
Waterfront
4 bds
4 ba
4,564 sqft

Overview

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.

Location

Details

Type:
Residential
Parking:
Circular Driveway / Driveway / Garage Door Opener / Oversized
Year Built:
1964
Lot:
0.36 Acres
Heating:
Central / Electric / Zoned
Price/sqft:
$767
Cooling:
Central Air / Zoned
HOA:
$295

Valuation

Our model vs. what's actually selling nearby.
Estimate
$4,199,999
$2.8M – $8.4M
Confidence Low
List vs. estimate
$700K below estimate
List $3,499,000 · -16.7%
Our model says this listing is priced below recent comparable activity. Expect competition.
Price per sq ft
$766
+134.6% vs. city median $326
Based on
6 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$18,202
2025
HOA
$295/yr
Pool
Deck
View
Pool, Water
Waterfront
Bay/Harbor Front, Waterfront
Garage
2 car garage
Pets
Allowed
All facts and features
  • Flooring

    • Carpet

    • Tile

    Heating

    • Central

    • Electric

    • Zoned

    Cooling

    • Central Air

    • Zoned

    Appliances

    • Bar Fridge

    • Built-In Oven

    • Cooktop

    • Dishwasher

    • Disposal

    • Dryer

    • Microwave

    • Refrigerator

    • Washer

    • Wine Refrigerator

    Other interior features

    • 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

    Bedrooms and bathrooms

    • Bedrooms: 4

    • Full bathrooms: 4

  • Parking

    • Circular Driveway

    • Driveway

    • Garage Door Opener

    • Oversized

    Property

    • Levels: Two

    • Pool Private: Yes

    • Exterior Features: Lighting / Outdoor Grill / Outdoor Kitchen / Private Entrance / Private Mailbox / Private Yard / Rain Gutters / Sidewalk / Sliding Doors

    Lot

    • Lot: 0.36 Acres

    Other Property Information

    • Parcel Number: 0112130039

    • Zoning: RSF1

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Single Family Residence

  • Utility

    • Cable Available

    • Electricity Connected

    • Public

    • Sewer Connected

    • Water Connected

  • Other financial information

    • HOA: $295

    • HOA Frequency: Annually

    • Annual tax amount: $18,202

  • Source details

    • MLS ID: A4691515

    Other facts

    • Construction Materials: Stucco / Wood Frame

    • Foundation Details: Slab

    • Fireplace Features: Master Bedroom

    • Laundry Features: Inside / Laundry Room

    • Lot Features: Cul-De-Sac / FloodZone / In County / Landscaped / Private

    • Patio And Porch Features: Deck / Front Porch / Patio / Rear Porch

    • Pool Features: Deck / Gunite / Heated / In Ground / Lighting / Other / Outside Bath Access

    • Window Features: Blinds / Storm Window(s)

    • Direction Faces: North

    • Other Structures: Outdoor Kitchen

    • Architectural Style: Custom / Elevated

    • Waterfront: Yes

    • Fireplace: Yes

    • Water Body Name: LITTLE SARASOTA BAY

    • Garage Spaces: 2

    • Attached Garage: Yes

    • Garage: Yes

    • Living Area: 4564

    • Water Source: Public

    • Lot Size Dimensions: 98 x 159 x 98 x 173

    • Subdivision Name: SOUTHPOINTE SHORES

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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: COLDWELL BANKER REALTY