12 days on rocket

Sale Pending

531 Chipping Ln, Longboat Key, FL, 34228

$2,500,000

Home List Price

$10,000*

Closing Credit

3 Bedrooms
2 Full Baths
2,341 SqFt
$1,068/SqFt
House
Schools Nearby

Location

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531 Chipping Ln, Longboat Key$2,500,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Attached Garage2 spaces
Year Built1967
HeatingElectric
CoolingCentral Air
WaterfrontCanal
Private PoolYes
MLS #U8242438
Lot Size0.26 Acres
StatusSale Pending
(Pending)

About 531 Chipping Ln

Under contract-accepting backup offers. Welcome to this bright home with an open floor plan, peacefully situated along the serene Country Club Shores waterway. This spacious residence is designed for comfort and style, featuring vaulted ceilings, large bay hurricane-proof windows, and a split plan with generously sized bedrooms. The home boasts elegant limestone flooring and large sliders from the living room and bedrooms, leading to a private, screened pool area. The kitchen is an entertainer’s delight, offering a pass-thru window and bar to the lanai, perfect for hosting gatherings. Additional highlights include a circular drive, a side-load garage, and a private dock on a deep-water canal, complete with a 10,000-lb lift and a separate jet ski lift for two jet skis. The beautifully maintained landscape enhances the home’s charm, and the recently restored seawall adds to its appeal. With deeded private beach access just minutes away and proximity to St. Armands Circle and downtown Sarasota, this property offers a prime location and a sophisticated, tranquil lifestyle. Located in the highly sought-after community of Country Club Shores on Longboat Key, this home provides a unique blend of luxury and harmonious living. Enjoy fishing on your dock or relaxing on the pristine beaches. This prime location is adjacent to the Longboat Key Club Resort (membership required). It provides convenient access to the shopping and dining options of St. Armands Circle and downtown Sarasota. Seize the chance to embrace the island lifestyle in this paradise setting! This home is being offered furnished, except for artwork and the piano, and is ready for you to move in and start enjoying immediately. Schedule your private showing today to experience this beautiful property firsthand!

Property Details

Property Features

Property Information:

  • Year Built: 1967
  • Living Area: 2,341 SqFt

Listing Office:

  • Office Name: KELLER WILLIAMS ST PETE REALTY
  • Office Phone: (727) 894-1600
  • Listing Agent: Anton Kozub

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • Flooring Type: Brick
  • Interior: Ceiling Fans(s), Open Floorplan, Primary Bedroom Main Floor, Split Bedroom, Stone Counters, Thermostat, Walk-In Closet(s)

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • Waterfront: Canal
  • Exterior: Irrigation System, Lighting

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes

Lot Features

Lot Information:

  • Lot Size: 0.26 Acres

Utilities

Utilities Information:

  • Heating: Electric
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Booker High School, Public Magnet Grades 9-12
  • Booker Middle School, Public Magnet Grades 6-8
  • Southside Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: NORTH ON GMD FROM SOUTH LBK BRIDGE. RIGHT INTO CCS IV; LEFT AND THEN RIGHT ON CHIPPING. HOME ON LEFT.

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,500,000
  • Price Per SqFt: $1,068/SqFt

HOA Fees:

  • Amount: $200
  • Frequency: Annually

Tax Information:

  • Annual Amount: $10,321
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Longboat Key, FL.

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Longboat Key, FL

City

Med. Sold Price

$1.1M

Med. Price/SqFt

$727

Avg. Days On Market

59

# of Sold Homes

58

531 Chipping Ln vs Longboat Key

12 DAYS ON ROCKET

-47 Days

$2,500,000

+$1.3M More

$1,068/SqFt

+$340 More

KEY TAKEAWAY

This property is $1.3M more than the Median Sold Price and $340/SqFt more than other homes in Longboat Key, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MFRMLS
  • MLS Number: #U8242438

Listing Office:

  • Office Name: KELLER WILLIAMS ST PETE REALTY
  • Office Phone: (727) 894-1600
  • Listing Agent: Anton Kozub

IDX Listings courtesy of Stellar MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX Copyright 2024 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

Note: Any Compensation information or listing brokers offer of compensation displayed is only applicable to other member participants of the source MLS.

Last updated on: 5/23/2024, 8:19:34 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Dec 16, 2013Home Sold
$760,000

Tax History

YEARPROP. TAXASSESSMENT
2020$10,321$713,400
2019$10,255$715,300
2018$11,416$795,500
2017$11,476$805,600

History based on county public records data.

Payment Calculator

$12.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$7,562

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-564178
9
/10

  • Southside Elementary School

  • 1901 Webber St

  • 5.32 miles

  • Public District Grades PK-5

Middle School

school-card-donut-564179
3
/10

  • Booker Middle School

  • 2250 Myrtle St

  • 5.12 miles

  • Public Magnet Grades 6-8

High School

school-card-donut-564180
3
/10

  • Booker High School

  • 3201 N Orange Ave

  • 4.07 miles

  • Public Magnet Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $103,963. Residents of Longboat Key, FL typically earn less than $35k each year. The most common type of family is married, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 531 Chipping Ln

What is the listing price of this property?

The listing price of 531 Chipping Ln property is $2,500,000.

What type of property is this?

The property 531 Chipping Ln is a house located in Longboat Key, Florida, 34228.

Is this property for sale now?

Sale Pending: 531 Chipping Ln is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.

What are the assigned schools for this property?

The assigned schools for 531 Chipping Ln are:
Southside Elementary School: GreatSchools Rating 9/10
Booker Middle School: GreatSchools Rating 3/10
Booker High School: GreatSchools Rating 3/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $10,321 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on December 16, 2013 for $760,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 531 Chipping Ln has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 531 Chipping Ln is 2,341 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 531 Chipping Ln is 1967.

Rocket Homes›Florida›Manatee County›Longboat Key›34228›531 Chipping Ln

This home is located at 531 Chipping Ln in Longboat Key, FL and zip code 34228. This 2,341 square foot home, which was built in 1967, sits on a 0.26 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since May 10, 2024 and is currently priced at $2,500,000.

In April 2024, from all listings sold in Longboat Key, FL there were more than 3 sold above asking price, over 43 sold below and more than 12 were sold right at the asked price. In April 2024 in Longboat Key, FL there were 4.5% less homes for sale than in March 2024. Listings spent 59 days on the market in April 2024, and had a median list price of $1,173,750 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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