7692 Cove Terrace, Sarasota, FL 34231
Local realty services provided by:Better Homes and Gardens Real Estate Thomas Group
Listed by: mariele hoffman
Office: bright realty
MLS#:A4680569
Source:MFRMLS
Price summary
- Price:$3,990,000
- Price per sq. ft.:$1,108.64
- Monthly HOA dues:$12.5
About this home
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....
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Home facts
- Year built:1972
- Listing ID #:A4680569
- Added:48 day(s) ago
- Updated:March 31, 2026 at 11:55 AM
Rooms and interior
- Bedrooms:3
- Total bathrooms:3
- Full bathrooms:3
- Flooring:Ceramic Tile, Wood
- Dining Description:Eat In Kitchen, Living Room/Dining Room Combo
- Kitchen Description:Built-In Oven, Convection Oven, Cooktop, Dishwasher, Disposal, Eat-in Kitchen, Exhaust Fan, Kitchen Reverse Osmosis System, Kitchen/Family Room Combo, Microwave, Range Hood, Refrigerator, Solid Surface Counters, Solid Wood Cabinets, Stone Counters, Water Filtration System, Water Purifier, Wine Refrigerator
- Bedroom Description:Primary Bedroom Main Floor, Split Bedroom, Walk-In Closet(s)
- Living area:2,640 sq. ft.
Heating and cooling
- Cooling:Central Air, Zoned
- Heating:Central, Zoned
- Central air:Yes
Structure and exterior
- Roof:Tile
- Year built:1972
- Building area:2,640 sq. ft.
- Lot area:0.36 Acres
- Lot Features:Cul-de-sac, Flood Zone, Level, Paved, Tip Lot
- Construction Materials:Block
- Exterior Features:Covered Porch/Patio, Lighting, Outdoor Grill, Rain Gutters, Rear Porch
- Foundation Description:Slab
- Levels:1 Story
Schools
- High school:Riverview High
- Middle school:Brookside Middle
- Elementary school:Gulf Gate Elementary
Utilities
- Water:Well
- Sewer:Septic Tank
Finances and disclosures
- Price:$3,990,000
- Price per sq. ft.:$1,108.64
- Tax amount:$24,467 (2025)
Features and amenities
- Appliances:Built-in Oven, Convection Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Irrigation Equipment, Kitchen Reverse Osmosis System, Microwave, Range Hood, Refrigerator, Washer, Water Filtration System, Water Purifier, Whole House R.O. System, Wine Refrigerator
- Laundry features:Dryer, Inside, Laundry Room, Washer
- Amenities:Built-In Features, Cable Available, Ceiling Fans(s), Crown Molding, Eat-in Kitchen, Electricity Available, Fiber Optics, Irrigation Equipment, 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, Sprinkler Well, Stone Counters, Thermostat, Walk-In Closet(s)
- Pool features:Gunite, In Ground, Private Pool
Parking
- Parking description:Attached Garage, Driveway, Garage Door Opener, Oversized
- Garage:Yes
- Garage spaces:2
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