5311 Northwest 98th Terrace

Gainesville FL 32653

3330 sq. ft.

84071 sq. ft.

Single-Family

Last sold for $795,000

Rachel Kerensky, last sold this property on 25 September 2025 after 490 days on market.

Overview

A rare opportunity to own an architectural masterpiece: Frank Lloyd Wright-inspired design with the sleek sophistication of Manhattan open concept loft living. Designed by architect Tom Tonnelier in 1991, this 4-story, waterfront residence is set on nearly two acres of serene, wooded privacy in Gainesville’s prestigious 'The Hammock' neighborhood. This stunning four-level home features multiple flex spaces—including the option to convert the 1st level into a self-contained in-law suite—a swimming pool, a 360 degree observatory, two-car garage, multiple decks and balconies, and floor-to-ceiling windows that fill the interior with natural light and showcase soaring 20-foot ceilings. A custom-built sculptural spiral staircase anchors all 4-story levels, while the outdoor elevator (installed in 2024) offers access between the 1st and 2nd floors. A multi-level screened deck overlooks the 40-foot heated lap pool, creating a seamless indoor-outdoor retreat perfect for both everyday living and effortless entertaining. Upgraded in 2021, every detail has been curated for comfort and style. This unique, one-of-a-kind home offers both peace of mind and enduring design. Turnkey opportunity.

Features

3 bedrooms

3 bathrooms

2 carspaces

2 garage spaces

3330 sq. ft. floor area

84071 sq. ft. lot size

Single-Family

Estimated Value

Based on this property and similar 3 bedroom single-family properties sold in Gainesville over the last 12 months, the estimated median property value of 5311 Northwest 98th Terrace is $306.5k.

Median value

$306.5k

Estimated value range

$160k - $795k

Median days on market

Estimated value trend

-1%

decrease over the last 12 months

Average days on market is based on recent, comparable sales in Gainesville. 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.