7692 COVE TERRACE, Sarasota, FL 34231

• 3 beds |
• 3 baths |
• 2,640 sqft

Property Description

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.

Listing Status:

Active

Date Added:

February 10, 2026

Data Last Updated:

February 17, 2026 at 7:24AM

Listing Office:

BRIGHT REALTY : 941-552-6036

Listing Agent:

Mariele Hoffman : 941-225-0800

MLS ID:

A4680569

Interior

• General: Built-in FeaturesCeiling Fans(s)Crown MoldingEat-in KitchenKitchen/Family Room ComboLiving Room/Dining Room ComboOpen FloorplanPest Guard SystemPrimary Bedroom Main FloorSolid Surface CountersSolid Wood CabinetsSplit BedroomStone CountersThermostatWalk-In Closet(s)
• Appliances: Built-In OvenConvection OvenCooktopDishwasherDisposalDryerElectric Water HeaterExhaust FanKitchen Reverse Osmosis SystemMicrowaveRange HoodRefrigeratorWasherWater Filtration SystemWater PurifierWhole House R.O. SystemWine Refrigerator
• Laundry: InsideLaundry Room
• Flooring: Ceramic TileWood
• A/C: Central AirZoned
• Heating: CentralZoned

Exterior

• General: French DoorsLightingOutdoor GrillRain GuttersSliding Doors
• Other Structures: Rear PorchCovered
• Pool: GuniteIn GroundLighting
• Parking: DrivewayGarage Door OpenerOversized

Construction

• Roofing: Tile
• Windows: ENERGY STAR Qualified WindowsInsulated WindowsLow-Emissivity WindowsThermal Windows
• General: BlockOneSlab

Location

• Road/Access: Paved
• HOA Amenities: 150.0Annually
• Originating MLS: Stellar MLS
• County: Sarasota

Lot

• Zoning: RSF1LOT 79 SOUTHPOINTE SHORES REPLAT OF UNIT 20112130001
• View: Water

Utilities

• Utilities: Cable AvailableElectricity AvailableFiber OpticsSprinkler Well
• Water: PrivateWell
• Sewer: Septic Tank

Financial

• Source: Stellar MLS
• Ownership: Fee Simple