An 8,900-square-foot mansion on 10 riverfront acres at 14007 11th Terrace N.E. in Manatee County's Winding River has sold for $2.985 million. According to the Multiple Listing Service, this is the highest resale price in east Manatee County since 2009, and is the highest posted sale on the Manatee River this year. It is also the biggest house to sell in Manatee County this year. Stacy Haas-Goodwin represented the buyers, a retired couple who moved here from Ohio three years ago. The sellers were Lynda and Larry D'Urso; he developed the Winding River subdivision in 2006. Martha Marlar of Premier Sotheby's listed the customized Arthur Rutenberg house, which was completed in 2007.
MANATEE COUNTY — A mansion on the Manatee River east of Interstate 75 sold Friday at $2,985,000, the top price paid for an MLS-listed resale home in the eastern portion of the county since 2009, according to Coldwell Banker, which represented the buyer.
The brokerage ranks the sale No. 1 on the Manatee River this year; the house, with four bedrooms and six baths in 8,900 square feet, also is the largest to sell in the county so far in 2013.
Most high-end homes in Manatee east of I-75 have sold for $1.5 million or less in the past three years.
The luxury market “is on the upswing, no doubt about it,” said Realtor Stacy Haas-Goodwin, who brought in the buyers. “People have a confidence in buying luxury homes. They are going to have what they want. A man in The Lake Club is building a 15,000-square-foot house.
“Now that prices are on the upswing, it is the time to do it. Inventory is low and the price of construction is going up.”
The theater in a mansion at 14007 11th Terrace Northeast in Bradenton that sold Aug. 9, 2013, at $2,985,000. Courtesy photo / Coldwell Banker.
She said the mansion, at 14007 11th Terrace N.E. in the Winding River subdivision, represents “incredible value. To rebuild this house — minimum of $5 million because of the level of finishes.”
Listed by Martha Marlar of Premier Sotheby’s International Realty, the house was built by Lynda and Larry D’Urso in 2007. The highly customized Arthur Rutenberg model has fixtures and furnishings the couple collected during their world travels.
Larry D’Urso developed Winding River, where the other 13 completed houses have from 3,400 to 5,500 square feet. More than 40 lots are vacant.
He built the estate on 8 acres; a lot next door was included in the sale, bringing the total land area to 10.5 acres. The parcel has 583 feet of Manatee River frontage, with a boat basin off to the side of the house. The estate also includes land on the opposite bank of the river, ensuring the view will be preserved.
The parcel is big enough to accommodate a second house of 4,500 square feet. It is 10 miles by car from Interstate 75, and is composed of two lots. The buyers will take advantage of that by building two boat docks, said Haas-Goodwin.
The kitchen of a house at 14007 11th Terrace Northeast in Bradenton that sold Aug. 9, 2013, at $ 2,985,000 -- the highest sale price for an east Bradenton residential property since 2009, accordling to the buyer's agent, Stacy Haas-Goodwin of Coldwell Banker. The 8,900-square foot house sits on 8 acres on the Manatee River. Courtesy photo / Coldwell Banker.
The house was one of 46 Haas-Goodwin showed her clients, retirees from Ohio, before they bought in Waterlefe three years ago. When they were ready to move up, they immediately focused on the Winding River mansion.
“Once they got settled in and knew what they really wanted in a home, they knew this would be it,” said Haas-Goodwin of the buyers. “Sometimes when people relocate here, the first house they purchase isn’t necessarily their final destination. They think they want one thing, and they want to make sure they like it before they make a bigger investment.”
The billiards parlor in a mansion at 14007 11th Terrace Northeast in Bradenton that sold Aug. 9, 2013, at $2,985,000. Courtesy photo / Coldwell Banker.
According to listing information on Zillow.com, the property came on the market in 2009 at $6.8 million through Michael Saunders & Co. It went off the market at $4.95 million in August 2010, and then back on at the same price in March 2011. Coldwell Banker had the listing for a year and a half before Sotheby’s listed it at $3.49 million in October 2012; it went pending at $2,999,000 in July.
The main house has 28-foot ceilings in the living area, a barrel-vaulted ceiling in the dining room, a large home theater, a larger billiards room and a 1,700-bottle wine cellar. Antique doors from Iran, hand-painted tiles, and imported granite and onyx are among the custom touches. A spiral staircase leads to the library, which has a balcony.
“It’s stunning,” said Haas-Goodwin. A lot of things are remarkable about the estate. It is like your own private oasis.”
The house has a two-car garage to go with a detached, drive-through parking garage, in the same Mediterranean Revival architecture as the residence, with parking for six more cars. Its ceiling has pecky cypress beams.
