Non-waterfront Snell Isle estate sells in record-breaking deal

A Snell Isle estate has sold in a $3.495 million deal – setting a new record for a non-waterfront home sale in the exclusive St. Pete neighborhood. 

The sale of the 3,691-square-foot home at 1772 Brightwaters Blvd. NE. breaks down to $946.90 per square foot, establishing a new record, according to broker associate Carol Fasick-Joyce and real estate consultant Alexis Logan of Dynasty Group, who represented the seller and buyer. 

1772 Brightwaters Blvd. NE.  

The five-bedroom, Mediterranean-inspired home went under contract before listing on the MLS website, but both Logan and Fasick-Joyce, who represent many buyers and sellers in Snell Isle, aren’t surprised about the immediate interest in the property. 

“I’m not shocked, people want to move here. Right now we have more demand than supply,” Logan said. 

The home, built in 2018, was purchased with no contingencies.

1772 Brightwaters Blvd. NE.  

The realtors did not wish to disclose the names of the buyer or seller, but said the seller is an international interior designer who drew on her worldly experiences as inspiration while designing the home, and the buyer was seeking a home in St. Pete for some time. 

Due to the previous owner’s career, they were able to incorporate craftsmanship and works from around the world into the home’s design.

“A lot of the doors were hand-carved from India or reclaimed from churches in Nashville, and the fountain in the terrace has a spigot from Paris,” Logan said, listing off other touches such as the green custom-designed tiles. 

1772 Brightwaters Blvd. NE.  

The main home, which has been featured in publications, is designed with an open floor plan with ceilings reaching 22 feet high in the great room.

The first floor also has cathedral ceilings accented by decorative beams, intricate wood embellishments, reclaimed antique cut glass doors and a marble fireplace. 

1772 Brightwaters Blvd. NE.  

The outfitted kitchen with double ovens and a marble waterfall island leads into the dining room, which has views of the pool through floor-to-ceiling windows, according to the listing. 

The property offers a mother-in-law suite that also features cathedral ceilings – which is a big draw for prospective buyers, Logan said. 

Between the main home and suite is a large entertainment space with a pool and cabana. 

1772 Brightwaters Blvd. NE.  

The property last sold in 2017 for $585,000. 

Across from the home is another property the Dynasty Group has listed with an asking price of $13 million. 

Logan said that other neighborhoods such as Old Northeast, and condos in downtown St. Petersburg, are seeing equally as much of the robust activity that’s occurring in Snell Isle.  

“One of the first things we’ve been hearing is that wealth managers are telling clients to buy real estate to hedge against inflation; with that being said, we’re not anticipating a slowdown,” Fasick-Joyce said about her market projections for the coming months.