Price Reduced Listing
$3,495,000
 $18,762 est/mo Sourced by Back At You

5264 61st Ave S,ST PETERSBURG, FL 33715

ST PETERSBURG, FL 33715

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Description

Welcome to Island House-NOW REPOSITIONED AT $3,495,000-an exceptional opportunity in exclusive, 24-hour guard-gated Bayway Isles II. Offering nearly 6,400 square feet of curated living space and approximately 8,500 total square feet, this extraordinary Mediterranean estate occupies an expansive homesite of approximately one acre, including a portion of the lake, with tranquil water views, spectacular sunsets and remarkable privacy. Bayway Isles II remains one of Tampa Bay's most coveted addresses, known for distinguished residences, larger homesites and an atmosphere of exclusivity. Soaring 12-foot ceilings, marble flooring, solid wood doors with transoms, graceful archways, designer lighting, a 2023 clay tile roof and elegant finishes create understated grandeur throughout. The chef's kitchen features premium appliances, leathered imported granite, custom cabinetry, oversized island, veggie sink and breakfast area opening seamlessly to the great room. Luxury amenities include a climate-controlled 160-bottle wine room, butler's pantry, whole-home Sonos audio, upgraded theater technology and extensive recent improvements. The primary suite is a private sanctuary with fireplace, morning bar, custom closets and spa-inspired bath with soaking tub, dual vanities and steam shower. Two guest suites with en-suite baths are privately positioned opposite the primary wing, while a grand executive office and dedicated pool bath enhance functionality. Designed for entertaining, Island House features a true stadium-seat theater with reclining chairs and popcorn station plus a spacious media room. Upstairs, a private one-bedroom suite offers a large bath, walk-in closet, full kitchen and separate living area-ideal for guests, multigenerational living or extended stays. The upper level also presents the opportunity to create an extraordinary second primary suite or private wing. Outside, the reimagined heated saltwater pool and spa feature newly installed tile, upgraded automation, lighting and equipment. A restaurant-caliber outdoor kitchen and separate bar with sink, refrigeration and 85-inch television create an exceptional setting for sunset entertaining overlooking the lake. Despite its stunning water views and expansive grounds, the residence has never flooded. Convenient to Gulf beaches, downtown St. Petersburg, marinas and Tampa International Airport, Island House offers a rare combination of scale, privacy, exceptional amenities and resort-style living. At its newly repositioned price of $3,495,000, this pristine estate represents a compelling value within Bayway Isles II. The home may also be sold fully furnished. Features and updates sheet available.

Details

MLS #TB8477321
Listing TypeFor Sale
StyleHouse
HOA Dues$122
Sub-TypeFor-sale
StatusActive
Year2000
Days On Site200
Listing Provided ByCHARLES RUTENBERG REALTY INC | Christopher Wescott

Features

Bed(s)4
Bath(s) 5 Total
SQ Feet6,367
Garage3
PoolYes
Story(s)2
Acreage0.96
Golf CourseYes
Water FrontYes
Property ViewPool

Taxes

Property21037

Area Information

StateFL
CountyPinellas
CityST PETERSBURG
Zip Code33715
Area33715 St Pete | Tierra Verde
Community NameBAYWAY ISLES UNIT 2 REP
School DistrictLakewood High-PN
Elementary SchoolGulfport Elementary-PN
High SchoolLakewood High-PN
Listing VS Median (in BAYWAY ISLES UNIT 2 REP)
Price:
$3,495,000
low | high
Med:
$5,750,000
14.520743919886% of Average
sqft:
6,367
low | high
Med:
6,147
53.455316475577% of Average
$ / sqft:
$549
low | high
Med:
$935
20.40891110101% of Average
On site:
200
low | high
Med:
321
62.305295950156% of Average
Sourced by Back At You

Market Activity 33715

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 Listings courtesy of Stellar MLS as distributed by MLS GRID.Based on information submitted to the MLS GRID as of September 6, 2026 at 7:18:38 PM PDT All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@MLSGrid.com. “The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

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Learn More About This Property

StateFL
CountyPinellas
CityST PETERSBURG
Zip Code33715
Area33715 St Pete | Tierra Verde
Community NameBAYWAY ISLES UNIT 2 REP
School DistrictLakewood High-PN
Elementary SchoolGulfport Elementary-PN
High SchoolLakewood High-PN
Listing VS Median (in BAYWAY ISLES UNIT 2 REP)
Price:
$3,495,000
low | high
Med:
$5,750,000
14.520743919886% of Average
sqft:
6,367
low | high
Med:
6,147
53.455316475577% of Average
$ / sqft:
$549
low | high
Med:
$935
20.40891110101% of Average
On site:
200
low | high
Med:
321
62.305295950156% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $2.621M - $4.368M
sqft: 4,500 - 7,500
Nearby Listings Property ImageNearby Listings Details
5237 61ST AVE S Property Photo 1
$7,600,000
5237 61st Ave S
St Petersburg, FL 33715
Listing Updated: August 31, 2026 at 10:42:11 AM PDT
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