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Property
Beds
9
Full Baths
5
1/2 Baths
1
Year Built
1995
Sq.Footage
7,102
OVER $407,000 IN GROSS REVENUE GENERATED IN THE PAST 12 MONTHS WITH FUTURE BOOKINGS ALREADY ON THE CALENDAR! Welcome to Shangri-La, an extraordinary private waterfront resort spanning over 3.6 acres along the scenic Manatee River. Fully furnished, turnkey, and operating as a successful luxury vacation rental, this one-of-a-kind estate presents a rare opportunity to acquire both a trophy waterfront compound and a proven income-producing asset. Recently appraised at $3,100,000, Shangri-La is offered at an exceptional value while generating more than $407,000 in gross revenue over the past 12 months. Having established itself as one of Florida's premier luxury vacation rentals, this remarkable property offers both an unparalleled lifestyle and a proven track record of performance. Offering over 7,100 square feet of air-conditioned space, this remarkable property features 9 bedrooms, 5.5 bathrooms, and accommodations for up to 25 guests spread across the main residence and a private accessory dwelling unit. The outdoor amenities are exceptional. At the heart of the property lies a lagoon-style pool complemented by a custom rock waterfall and spa crafted by the renowned Lucas Lagoons team. Guests enjoy a covered waterfront pavilion with fire pit, private dock with jet ski access, a 20' x 40' tiki hut and tiki bar, outdoor kitchen, waterfront gazebo, private pickleball court, kayaks, paddleboards, and expansive grounds overlooking breathtaking Manatee River sunsets. Wraparound porches and a screened lanai provide the perfect place to relax and take in the views. The property offers parking for 30+ vehicles, an RV carport, and ample room for boats and trailers. Inside, the main residence is designed for both entertaining and relaxation. The riverfront primary suite offers stunning water views and a spa-inspired bath. The chef's kitchen is fully equipped for large groups and is complemented by a commercial refrigerator and freezer. Additional amenities include a private steam room, infrared sauna, massage chair, and an ADA-compliant bedroom and full bathroom. Recent improvements include updated pool equipment, newer HVAC systems, new Sealy Hybrid mattresses throughout, and a new 26.5 kW Generac whole-house generator capable of powering the property during outages. Entertainment options abound with a dedicated home theater, expansive game room featuring billiards, shuffleboard, ping pong, poker, and arcade games, a private fitness room, and a recently added illuminated dance floor. The private accessory dwelling unit contains two of the property's nine bedrooms along with a full bathroom and kitchenette, providing additional privacy and flexibility. Included in the sale are approximately 25 tables, more than 100 chairs, approximately 15 kayaks and paddleboards with life jackets, gym equipment, a mower, a 36-foot enclosed cargo trailer, an estimated $50,000 in tools, maintenance equipment and replacement parts, plus a 2018 Forest River three-stall restroom trailer valued at approximately $60,000. Conveniently located just minutes from Lakewood Ranch, IMG Academy, the Premier Sports Campus, and I-75, the property offers easy access to Tampa, St. Petersburg, Sarasota, and Florida's renowned Gulf Coast beaches. Whether you're seeking a luxury waterfront retreat or a high-performing short-term rental investment with an established track record, Shangri-La represents a truly rare opportunity on Florida's Gulf Coast.
Features & Amenities
Interior
-
Other Interior Features
Built-in Features, Eat-in Kitchen, Sauna, Vaulted Ceiling(s), Walk-In Closet(s)
-
Total Bedrooms
9
-
Bathrooms
5
-
1/2 Bathrooms
1
-
Cooling YN
YES
-
Cooling
Central Air
-
Fireplace YN
YES
-
Heating YN
YES
-
Heating
Central, Electric, Zoned
-
Pet friendly
Cats OK, Dogs OK
Exterior
-
Garage
Yes
-
Garage spaces
4
-
Construction Materials
Block, Vinyl Siding, Frame
-
Other Exterior Features
Balcony, Fire Pit, Garden, Lighting, Dock
-
Parking
Attached
-
Patio and Porch Features
Covered, Deck, Front Porch, Patio, Porch, Rear Porch, Side Porch, Wrap Around
-
Pool
Yes
-
Pool Features
Gunite, Heated, In Ground, Private
-
Waterfront YN
YES
-
View
River, Water
Area & Lot
-
Lot Features
Waterfront
-
Lot Size(acres)
3.63
-
Lot Size(square feet)
158036.0
-
Property Type
Residential
-
Property Sub Type
Single Family Residence
Price
-
Sales Price
$2,900,000
-
Tax Amount
$14,618
-
Sq. Footage
7, 102
-
Price/SqFt
$408
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
New Construction
NO
-
Accessibility Features
Exterior Wheelchair Lift
-
Foundation Details
Slab
-
Ownership
Fee Simple
-
Senior Community YN
NO
-
Sewer
Septic Tank
-
Tax Lot
0
-
Water Source
Private, Well
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Location
County
Manatee
Elementary School
Middle School
High School
Listing Courtesy of John McNaught , EXP REALTY LLC
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Executive Assistant
Emil Garinga
Call Emil today to schedule a private showing.
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