$1,950,000
Active Under Contract548 Gunwale Ln, Longboat Key, FL 34228
3 beds · 2 baths · 1,853 sq ft
Listing courtesy of MICHAEL SAUNDERS & COMPANY · MLS# A4680965
239 days on market
Refreshed from the Stellar MLS feed . This listing’s MLS record last changed .
About this home
What’s special
- canal-front residence
- newer seawall
- 16,000-lb boat lift
- Trex dock with lighting
- private Pebble Tec pool
- vaulted ceilings
- split-bedroom floor plan
- whirlpool tub
AI-selected highlights from the listing description below.
Under contract-accepting backup offers. MAJOR PRICE REDUCTION — NOW OFFERED AT $1,950,000! Experience the best of the Longboat Key waterfront lifestyle in this beautifully renovated 3-bedroom, 2-bath canal-front residence, ideally positioned just three homes from Sarasota Bay. Offering 1,853 sq. ft. of air-conditioned living space and 2,461 sq. ft. total, this exceptional property combines a premier boating location with extensive recent improvements and a private resort-style pool. Boaters will appreciate the newer seawall, 16,000-lb. boat lift and expansive 18' x 16' Trex dock featuring lighting and water, with easy access to Sarasota Bay and open water. The private Pebble Tec pool and paver pool deck were updated in 2024, creating an inviting setting for relaxing or entertaining. Numerous major improvements provide peace of mind, including a NEW FLAT TILE ROOF (2025), Carrier A/C (2024), A.O. Smith water heater, NuCORE waterproof flooring and plantation shutters. The updated kitchen features elegant Silestone quartz countertops, stainless-steel sink, Bosch 3-door refrigerator/freezer and dishwasher, plus a stainless-steel GE range and microwave. Inside, vaulted ceilings and recessed lighting enhance the spacious living room, while a separate dining room provides an ideal space for entertaining. The desirable split-bedroom floor plan offers privacy, with generous walk-in closets throughout. The primary suite features a walk-in closet with built-ins and an ensuite bath with dual sinks, large tiled shower, whirlpool tub and private water closet. The third bedroom includes a convenient office area, adding flexibility for work or guests. With its rare combination of exceptional boating access, private pool, extensive renovations and proximity to Sarasota Bay, 548 Gunwale Lane presents an outstanding opportunity to own a turnkey waterfront home on Longboat Key. Move in, enjoy the water, and embrace the Longboat Key lifestyle.
Facts
- Property type
- Single Family Residence
- Year built
- 1967
- Bathrooms
- 2 full
- Living area
- 1,853 sqft
- Lot size
- 0.28 acres
- Waterfront
- Yes · 108 ft
- Water access
- Beach - Access Deeded, Canal - Brackish, Canal - Saltwater
- Water view
- Yes
- Private pool
- Yes
- Exposure
- North
- Furnished
- Unfurnished
- Flood zone
- AE
- CDD
- No
- 55+ community
- No
- Annual taxes
- $9,801/yr
- Monthly fees
- $17/mo
- Listed
- Feb 2, 2026
- MLS #
- A4680965
Price & status history
- Listed for $2,200,000
- Price reduced to $1,950,000from $2,100,000
- Status changed to Active Under Contract
Estimate the monthly payment
Estimate by Lasbury Tracy Realty — not a loan offerStarting figures for 548 GUNWALE LN. Everything below is editable.
AssumptionNot a quoted rate. Ask a lender what you actually qualify for today.
From this listingThe seller's most recent annual tax bill as reported to the MLS. Your bill will differ — Florida reassesses on sale and homestead caps reset.
Editable estimateA placeholder, not a quote. On the Gulf Coast this is the line item most likely to be wrong: premiums swing on roof age, wind mitigation, elevation, and carrier appetite. Get a real quote before you rely on this number.
Starts at $0Deliberately zero until you enter a figure — we will not inflate a payment with a guess. Many homes here need it; ask us for the property's flood zone and the current policy's premium.
From this listingMonthly association fee as reported to the MLS. Confirm what it includes, and ask about special assessments.
AssumptionNot applied — your down payment is 20% or more.
Estimated total monthly payment
$12,319
$9,860 of that is principal & interest. 20% is taxes, insurance and fees — which is why those inputs matter more here than the rate does.
- Principal & interest
- $9,860
- Property taxes
- $817
- Homeowners insurance
- $1,625
- Flood insurance
- $0
- HOA / condo fees
- $17
- Mortgage insurance (PMI)
- $0
- Total per month
- $12,319
Over the life of the loan
- Loan amount
- $1,560,000
- Down payment
- $390,000
- Total interest
- $1,989,694
- Principal + interest paid
- $3,549,694
- Paid off in
- 2056
Interest is the exact schedule total for a fixed-rate loan held to term and assumes no extra payments. Taxes, insurance and fees are not included in these lifetime figures because they change every year.
Calculated on this page from the figures above — nothing is sent anywhere and no lender is quoting you. Figures are estimates for planning only, not a pre-approval, commitment to lend, or a statement of the taxes and insurance you will actually be charged. Lasbury Tracy Realty Inc. is a real estate brokerage, not a lender or an insurance agent.
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548 Gunwale Ln, Longboat Key, FL 34228
Listing courtesy of MICHAEL SAUNDERS & COMPANY · MLS# A4680965 · Active Under Contract
Where this home is
Opens on aerial — on this coast the canal, the lot and the neighbours answer more questions than a street grid does.
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