The Sanctuary, 701 Tern Point Cir

$9M16.2%
$7,500,000
5
Beds
63/2
Baths
7,664
SqFt
Status
Sold - May 07, 2025
Parking
3
Size
7,664 SqFt (712 m2)
Price
$979/SqFt ($10,534/m2)
Type
House
Built
1997
HOA
$2,054/MO
MLS Number
R10933807
View
Canal
On Site
1044 Days
Updated
77 Days ago
Page Views
0
Chic Montecito style meets this Sanctuary deepwater estate sited on 116+/- feet of waterfrontage originally built by Palm Beach builder Addison Development and interiors by Marc-Michaels. Authentic Spanish Colonial influenced interiors boast rich hardwood floors, terra cotta and gorgeous tough and groove beamed wood ceilings and gentle archways sets the stage for glamorous living. Lavish Primary suite includes two baths (one in the new Dior boutique vibe ) , lounge, exercise room and waterway balcony . Reimaged resort-styled pool/patio is enhanced with water features and sculpture garden, Loggia with professional bar and summer kitchen and Cabana. Shown by appt only. DISCLAIMER: Information published or otherwise provided by the listing company and its representatives including but not limited to prices, measurements, square footages, lot sizes, calculations, statistics, and videos are deemed reliable but are not guaranteed and are subject to errors, omissions or changes without notice. All such information should be independently verified by any prospective purchaser or seller. Parties should perform their own due diligence to verify such information prior to a sale or listing. Listing company expressly disclaims any warranty or representation regarding such information. Prices published are either list price, sold price, and/or last asking price. The listing company participates in the Multiple Listing Service and IDX. The properties published as listed and sold are not necessarily exclusive to listing company and may be listed or have sold with other members of the Multiple Listing Service. Transactions where listing company represented both buyers and sellers are calculated as two sales. Some affiliations may not be applicable to certain geographic areas. /Information published or otherwise provided by seller, listing company or its representatives is deemed reliable but are not guaranteed and subject to errors, omissions, or changes without notice. If your property is currently listed with another broker, please disregard any solicitation for services. Copyright 2024 by the listing company. All Rights Reserved.

Features

Bedrooms
  • Bedrooms: 5
Bathrooms
  • Bathrooms: 6
  • Half Bathrooms: 3
Exterior and Lot Features
  • Exterior Features: BuiltInBarbecue, Balcony, Barbecue, OutdoorLivingArea
  • View: Canal
Interior, Heating and Cooling
  • Interior Features: BreakfastArea, Bathtub, CathedralCeilings, DiningArea, SeparateFormalDiningRoom, EntranceFoyer, Elevator, GardenTubRomanTub, MultipleEnSuiteBathrooms, Pantry, SittingAreaInPrimary, SplitBedrooms, SoakingTub, SeparateShower, UpperLevelPrimary, VaultedCeilings, WalkInClosets
  • Equipment / Appliances: Dryer, Dishwasher, ElectricRange, FreeStandingFreezer, Disposal, Refrigerator, Washer
  • Heating Description: Central,Zoned
  • Cooling Description: CentralAir,Zoned
Building and Construction
  • Floor Description: Carpet,Other,Wood
  • Year Built: 1997
  • Style: Mediterranean
Waterfront and Water Access
  • Waterfront Frontage: Yes
School Information
    Other Property Info
    • Garage: 3
    • Listing Date: 2023-11-06T16:06:23.000-00:00
    • Directions: South
    • Pets Allowed: Yes
    Taxes, Fees & More
    • Maintenance Includes: CommonAreas, CableTv, Security
    • Taxes: 54404
    • Security Information: GatedWithGuard, GatedCommunity, SecurityGuard
    • Parking Description: Attached, Garage, GarageDoorOpener
    • Total Floors in Building: 2

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    Price History

    Current
    $7.5M
    High
    $9M
    Low
    $7.5M
    Total Change
    -16.2%
    $9.1M$8.2M$7.3MNov 23Dec 24May 25Dec 24Dec 24
    Date
    Event
    Price
    Change
    Price Per
    12/12/2024
    Sold
    $7.5M
    0%
    $979 ft2
    $10,534 m2
    12/12/2024
    Price Reduced
    $7.5M
    0%
    $979 ft2
    $10,534 m2
    05/07/2025
    Price Reduced
    $7.5M
    -11.24%
    $979 ft2
    $10,534 m2
    12/11/2024
    Price Reduced
    $8.5M
    -5.59%
    $1,103 ft2
    $11,868 m2
    11/06/2023
    Listed
    $9M
     
    $1,168 ft2
    $12,570 m2
    12/12/2024
    $7.5M
    Event
    Sold
    Change
    0%
    Price Per
    $979 ft2
    $10,534 m2
    12/12/2024
    $7.5M
    Event
    Price Reduced
    Change
    0%
    Price Per
    $979 ft2
    $10,534 m2
    05/07/2025
    $7.5M
    Event
    Price Reduced
    Change
    -11.24%
    Price Per
    $979 ft2
    $10,534 m2
    12/11/2024
    $8.5M
    Event
    Price Reduced
    Change
    -5.59%
    Price Per
    $1,103 ft2
    $11,868 m2
    11/06/2023
    $9M
    Event
    Listed
    Price Per
    $1,168 ft2
    $12,570 m2
    Price per square foot and days on website are not provided values and are calculated by Subdivisions.
    Listed by Carmen D'AngeloPremier Estate Properties Inc • Buyer Agency Compensation .

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    Scores

    Walk Score®
    Somewhat Walkable. Some errands can be accomplished on foot
    67

    100
    Transit Score®
    Some Transit. A few nearby public transportation options
    29

    100
    Bike Score®
    Very Bikeable. Biking is convenient for most trips
    81

    100
    Sound Score®
    Bearable noise
    77

    100
    Airport Score
    Close to airports. Noticeable airport activity
    0

    100
    Traffic Score
    Congested area. Frequent traffic delays
    29

    100
    Local Score
    Limited local amenities nearby
    0

    100
    Community Snapshot
    5 – 7 BR
    Bedrooms
    $8M – $23M
    Price Tier
    4,087 - 14,848
    SqFt Range
    1994
    Year Build
    2
    Total Floors

    Subdivision Amenities

    Boating
    Management
    None
    Pickleball
    Playground

    Boca Raton
    High-End
    High-End Homes & Condos