3087, 3075 Cherry Ln, Clearwater, FL 33759

$1,899,000

Reduced By $1,100,999
last change 3/19/2025

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Home Description

Welcome to the RaceCar Mansion—Your Luxury Fortress Awaits! Perched 39 feet above sea level, this extraordinary estate stands entirely out of flood zones, ensuring exceptional hurricane protection and lower insurance costs. Built with a cement-and-steel frame, reinforced walls, and a water-tight garage, every detail is engineered to withstand harsh conditions and provide lasting peace of mind. Priced at an incredible $260 per square foot for air-conditioned space—well below current building costs—this is a once-in-a-lifetime opportunity. That figure doesn’t even factor in the extra vacant lot, the oversized garage, or the stunning rooftop terrace with water views. The property combines two parcels—3075 Cherry (a vacant lot) and 3087 Cherry Ln (the mansion)—under one tax ID, offering potential tax advantages and space for expansion. With ample room to plant boxwood or other shrubbery around the perimeter, you can create a true fortress-like setting, complete with the option of adding a pool for the perfect oasis. Step inside and experience refined elegance and modern sophistication. The chef’s kitchen is a gourmet dream, equipped with Miele appliances (gas stovetop, oven, dishwasher, coffee maker), plus a Sub-Zero refrigerator and Marvel wine fridge. This turnkey package is available for just $49K includes all furniture, most smallwares, bedding, dishes, decor (except personal art collection and personal items), 32+smart TVs, advanced AV tech, specialized garage tools, appliances and more—so you can move in with just a toothbrush and start living your dream tomorrow! Seller estimates costs of repairs, improvements and investments just over last 3 years to exceed $450,000, including but not limited to significant HVAC restoration; NEW Fence, new front door, many roof repairs, appliance, plumbing, elevator upgrades & restorations. For automotive enthusiasts, the garage is spectacular—accommodating up to six cars with direct first-floor access and extra flexible space. 3 phase power is a must have for certain tools, elevator, complex commercial HVAC high efficiency Japanese Daikin unit Third level features four sumptuous bedroom suites each feature walk-in closets and en-suite baths, creating private retreats. The fourth floor’s open-concept design seamlessly connects living, dining, and entertaining areas, surrounded with virtual reality tv walls. A crown jewel of this residence is the rooftop terrace, offering panoramic views of Tampa Bay and the Bayside Bridge. Feel like the king or queen of your fortress as you overlook the azure waters from this remarkable vantage point—perfect for hosting sophisticated gatherings, unwinding under the stars, or adding a pool or hot tub (structural integrity confirmed). Located steps from Calvary Christian Academy and just minutes from Tampa, St. Petersburg, and Clearwater Beach—with Bay Beach a quick drive away for jet skiing—this property offers unmatched convenience. Seller financing is available for up to $930,000 in first position at below-prime rates (terms apply). The RaceCar Mansion is not only a stunning luxury home but also a smart financial investment, where safety, exquisite design, and incredible value converge. Welcome home to a lifestyle of comfort, security, and refined living. Virtual tours are on YouTube. No info is guaranteed accurate. Buyer to verify all data, including square footage and construction quality. Property sold As-Is.