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200 CAPSTAN Dr

placida, FL 33946

$1,974,900

  • 4 BR
    3 BA, 1 HALF BA
    approx. 2,837 SF

Interested? Let's Connect

TAKE A SECOND LOOK, a strategic price improvement brings this exceptional waterfront estate into even sharper focus for today’s market. Now aligned with current conditions, this offering represents a rare chance to own a high-end residence on SAILBOAT water with direct INTRACOASTAL access—an increasingly scarce combination at this price level. For buyers seeking luxury, location, and long-term value, this adjustment creates a standout opportunity.
EXPERIENCE the ultimate in Florida waterfront living with this exceptional Key West–style residence, ideally located just minutes from area beaches on Boca Grande and Manasota Key, and offering BRIDGELESS boating access to the INTRACOASTAL Waterway and the stunning Gulf of Mexico. Set on an oversized .64-acre lot, this private tropical oasis is surrounded by mature landscaping and thoughtfully designed for boating, entertaining, and MULTIGENERATIONAL living.

The waterfront is truly the star of the property, featuring a BRAND-NEW 140’ SEAWALL, a private dock, and two covered boat lifts (10K & 15K) with roof canopies, providing an exceptional setup for serious boaters. With DIRECT, unrestricted access to open water and world-class fishing near Boca Grande, this location delivers the best of Southwest Florida’s coastal lifestyle.

As you approach the residence via the circular driveway, you’re welcomed by a charming front porch, distinctive cupola, and a metal roof with upgraded insulation package, setting the tone for the coastal elegance found within. Inside, white oak flooring, soaring ceilings, crown molding, and expansive PGT impact windows and sliding doors, along with an impact garage door, allow natural light to fill the living spaces. A striking coral-wrapped fireplace anchors the main living area, creating a warm and inviting atmosphere. The den offers a versatile retreat, while the stairway to the cupola provides a unique vantage point with elevated views.

A resort-style outdoor living area invites year-round enjoyment. The recently renovated custom saltwater pool and spa with heater serve as the centerpiece, complemented by a fully equipped Fire Magic outdoor kitchen, half bath, and a charming POOL CABANA/ IN-LAW SUITE complete with kitchenette, full bath, and impact sliders—ideal for guests or multigenerational living. This expansive outdoor setting creates a seamless connection between the home, pool, and waterfront.

The chef’s kitchen is both beautiful and functional, featuring Level 5 granite countertops, under-cabinet lighting, abundant cabinetry, bar seating, and a breakfast nook overlooking the lanai, pool, and tranquil waterfront beyond.

The primary suite is a private sanctuary with direct access to the lanai and pool area, offering a spa-like bath with a roman walk-in shower, soaking tub, generous storage, and refined finishes throughout. Guest bedrooms are thoughtfully located on the opposite side of the home, ensuring comfort and privacy for all.

As an added bonus, HOA membership includes dockage and private beach access to Knight Island, providing a secluded island retreat just moments away. This remarkable coastal property combines luxury, functionality, and unparalleled outdoor living—schedule your private tour today and discover waterfront living at its finest.

Details

2,837 Sq Ft

0.64 Private Acres Lot Size

single family home

$450 Annually Maintenance/CC

$799 Monthly Tax

Built in 2001

MLS/Listing ID D6137688

2 Stories

Amenities & Features

Association - Clubhouse

Community - Waterfront

Community - Dock

Community - Clubhouse

Style - Coastal

Irrigation System

Sliding Doors

Stem Wall

Lot - In County

Lot - Near Marina

Parking - Ground Level

Pool - Deck

Pool - Lighting

Construction - Stucco

Construction - Block

Cooling - Central Air

Rain Gutters

Outdoor Shower

Outdoor Kitchen

Outdoor Grill

Lighting

Living Room Fireplace

Insert Fireplace

Gas Fireplace

Hardwood

Ceramic Tile

Slab

Block

Heating - Electric

Window Treatments

Walk-in Closets

Stone Countertops

Solid Surface Counters

Open Floor Plan

Kitchen Family Room Combo

High Ceilings

Washer

Refrigerator

Range

Microwave

Electric Water Heater

Dryer

Dishwasher

Inside

Lot - Oversized Lot

Lot - Level

Lot - Landscaped

Lot - Corner Lot

Parking - Workshop in Garage

Parking - Oversized

Parking - Garage Door Opener

Parking - Driveway

Parking - Circular Driveway

Screened

Rear Porch

Porch

Patio

Front Porch

Covered

Pool - Screen Enclosure

Pool - Outside Bath Access

Pool - Inground

Storm Windows

Waterfront

Trees Woods View

Metal

Canal - Saltwater

Water View

Crown Molding

Laundry Room

Lot - Flood Zone Lot

Lot - Flood Insurance Required

Thermostat

Ceiling Fans

Pool - Gunite

Pool - Heated

Pets Allowed

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TOTAL MONTHLY COST

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  • PRINCIPAL & INTEREST

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  • PROPERTY TAXES

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  • Common Charges

    $0

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