Clearwater Beach home, 43 waterfront acres listed for $37.5M

A 42.57-acre parcel in a residential section at the edge of Clearwater Beach has been put up for sale with a $37.5 million asking price.

The property and the 3,434-square-foot home that sits on it are the only ones in the area sharing a property line with the idyllic and unspoiled Caladesi Island State Park, which is only accessible by boat.

While the property is on Clearwater Beach, it is in a secluded enclave at the northern tip of the barrier island called Mandalay Point, far from where tourists and locals congregate. Mandalay Point, which has a private gated entrance, only has 11 homes and is within walking distance of the historic Carlouel Yacht Club.

As for the three-bedroom, four-bathroom house itself, it was built in 1987 and, according to Pinellas County property records, is currently owned by a family trust. The owners built the home 20 feet above sea level, so every room — including the bathrooms — has views of the Gulf of Mexico, the intercoastal waterway and the southernmost tip of Caladesi Island.

According to Coastal Properties Group/Forbes Global Properties, the firm handling the listing, this is the first time the home has been on the market.

Other features include a living room that opens to an atrium with 20-foot ceilings overlooking the pool and the intercoastal. The atrium itself features a heated lap pool raised above ground level and views of both the sunrise and sunset, according to the listing.

But the chief selling point for most is likely going to be where it sits and what surrounds it. On one side, the home is hidden among the trees right on the intercoastal and on the other side is facing the white sands of a beach and the Gulf. The property can only be reached via access on a private road or by boat.

Mary Hickok, with Coastal Properties Group/Forbes Global Properties, is representing the property.