Back 516 Pine Cone Lane
Off Market

516 Pine Cone Lane

Laurel FL 34275

3
2
2
2939 sq. ft.
15471 sq. ft.
Single-Family
Last sold for $500,000
Wendy ReinhardtWendy Reinhardt, last sold this property on 15 November 2024 after 376 days on market.

Overview

INCREDIBLE WATERFRONT OPPORTUNITY ? HURRICANE DAMAGED - Being sold As-IS for land value. This stunning property offers a prime location that is truly unbeatable and rarely available ~ this is the best waterfront deal on the market right now in Sarasota County for an OVERSIZED LOT with NO BRIDGES to the Gulf of Mexico and No HOA or Deed Restrictions. Nestled at the end of a tranquil cul-de-sac along the edge of LYONS BAY, no through traffic and you can walk to Pop?s Sunset Grill and Nokomis Beach on Casey Key! This .36-acre waterfront retreat offers a captivating view with an 80? SEAWALL with DOCK (18? dock recently installed in 2018, along with recent seawall enhancements and stainless tiebacks). Even if you?re not a boater, the tranquil sight of manatees and dolphins playing beside your seawall will be a delight. The solid concrete home has been there since 1969, and it has enormous potential with endless possibilities. The home features over 1,900 s.f. with 3 bedrooms, 2 bathrooms and a 2-car garage. Essential updates completed in recent years include a new roof (2017), HVAC system (2019), electrical system (2017), hurricane impact windows and doors (2017), attic insulation (2017), and hot water heater (2023). Additionally, a state-of-the-art 7.2KW SunPower solar panel system with a 12KWH Sonnen backup battery was installed in 2018 for added peace of mind. This charming home has great bones to customize as you wish: remodel, add on, go up to two stories to take advantage of the bay view, tear down, whatever you desire. City water is available for those who opt to connect. Enjoy all that can be accessed in this perfect Vacation Location: explore by foot, bike, or golf cart - Casey Key Island, Nokomis beach and North Jetty, waterfront restaurants, tiki bars, drum circle, sunsets, fishing, boating, and more. Don?t let this one get away, call today!

Features

3 bedrooms
2 bathrooms
2 carspaces
2 garage spaces
2939 sq. ft. floor area
15471 sq. ft. lot size
Single-Family

Estimated Value

Based on this property and similar 3 bedroom single-family properties sold in Laurel over the last 12 months, the estimated median property value of 516 Pine Cone Lane is $530k.

Median value
$530k
Estimated value range
$105k - $6.1m
Median days on market
57
Estimated value trend
-10%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Laurel. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 516 Pine Cone Lane

2024
Sold
$500,000
15 Nov 2024 by Wendy Reinhardt, of WENDY REINHARDT REALTY,INC.

Happy sellers in Laurel

67%
67% of sellers in Laurel reported that their sale price either exceeded or met their price expectations.

Laurel stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 20 reviews in Laurel over the last 12 months.

Local market activity for 3 bedroom single-family properties in Laurel

In the last 12 months, 421 three-bedroom single-family properties similar to 516 Pine Cone Lane, have been sold.

This represents a 9% increase in three-bedroom single-family properties sales when compared to the previous 12 months.

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