BRADENTON, FL – A lavish waterfront estate situated on a peninsula along the Manatee River in Bradenton is hitting the auction block this week, with the starting bid slated to be an impressive $2 million.
Located at 5904 Riverview Lane on a 0.92-acre plot of land in the Bradley Shores neighborhood, the owners of the residence had previously attempted to sell the home outright on the open market, listing it for $5.19 million. However, after it failed to attract any buyers, the decision was made to instead list it with Interluxe Auctions, who began accepting bids on the property as of 9 a.m. on March 20 on their website, Interluxe.com.
The home offers 272 degrees of panoramic views and is located at the end of a private lane off Riverview Boulevard and McNeil Point.
The auction is being handled by Sarasota broker Derek Billib of Billib & Billib PA, who stated in a release regarding the auction that the residence would especially appeal to individuals who are looking for a sense of privacy and tranquility, The properties relative isolation and idyllic surroundings.
“This is a one-of-a-kind property,” Billib said. “Surrounded by water, it’s like your own private island.”
The estate is approximately 5836 square feet in size – spread out amongst three stories – and features four bedrooms and four and a half bathrooms, In addition to 2000 square feet on the ground level consisting of nonconforming space that could be used for a variety of purposes.
In addition, the house comes with numerous amenities, such as a large ground floor recreational space, a screened porch, a rock-climbing wall, a wine room, an outdoor kitchen, and a private boat dock with more than 400 feet of water frontage.
And finally, this a great deal of history attached to the site as well, having been the former location of the Palma Sola Hotel, which was originally built in 1882 by W.S. Warner.
Florida Gulf Residential specializes in the areas of Sarasota, Siesta Key, Bradenton, Lakewood Ranch, Longboat Key, Venice, Palmer Ranch, Osprey, Anna Maria Island and other Gulf Coast communities. Feel free to give us a call at (941) 304-1975 so we can answer any questions you may have.
Christopher Boyle is an investigative journalist for SEARCHEN NETWORKS® and reports for independent news and media organizations in the United States. Christopher helps keep a keen-eye on what’s happening on the West Coast of Florida on behalf of FLORIDA GULF RESIDENTIAL – Your Real Estate Expert for Sarasota and Surrounding Areas.