Anchored along the Gulf in Zephyr Cove, this 2022-built multi-family estate spans 9,530 square feet with 9 bedrooms and 10 bathrooms on a 81,921 square feet lot. It includes a grand main home, two two-bedroom villas, a separate two-bedroom guest house, multiple pools including a lazy river, and indoor features like a gym, wine room, theater, and conference space. Listed at $35,000,000, the property also offers extensive dockage, garages, a 130kw generator, and direct access to the water between Vaca Cut and Tom’s Harbor Cut.
Where is Grassy Key, FL?
Grassy Key is a small island in the Florida Keys, located along the Overseas Highway. It’s known for its marine life and is home to the Dolphin Research Center. The island has a mix of residential areas, waterside lodging, and easy access to boating and fishing. It sits between Marathon and Long Key.
Front Entry
Framed by towering palms and layered landscaping, the front entry rises at the center of the home’s coastal-style facade. A curved paver walkway guides visitors through beds of tropical plants and bright flowers leading up to the staircase. Large windows and cross-gabled rooflines give the exterior a symmetrical and elevated presence.
Living Room
Windows wrap around the living room, flooding the main seating area with views of the sea. White leather sectionals, stone end tables, and woven accent chairs fill the space beneath a vaulted wood ceiling. With no wall between indoors and ocean, the living room blends completely into its setting.
Kitchen
Swirling stone countertop stretches across the island at the center of a chef’s kitchen filled with sleek cabinetry and glass displays. Pendant lights drop down over seating for eight, while stainless appliances fill every corner. Cool tones, bold surfaces, and open shelving bring a mix of elegance and function.
Dining Area
Carved from a single trunk, the dining table anchors the formal dining room surrounded by tall, white chairs. Sculptural pendant lights hang overhead, casting patterns across the wood-plank ceiling. Windows on three sides pull in greenery from the garden.
Theater Room
Private theater room features a large projection screen surrounded by a soft blue glow and panel lighting on the dark walls. Leather recliners with cup holders are arranged in two rows with a stone-topped bar behind them. Acoustic panels and surround sound speakers complete the immersive space.
Game Room
Pool table takes center stage in a game room lined with arcade machines, foosball, and a full-service bar. Crystal chandeliers hang over the sleek counter while TVs and coastal artwork add to the lounge atmosphere. Games and cocktails share space under vaulted ceilings and exposed beams.
Bar Area
Indoor bar area is anchored by a square-shaped counter wrapped with navy cabinetry and surrounded by transparent bar stools. Liquor bottles, hanging glassware, and a mounted television fill the back wall, which is tiled with metallic accents. Floor-to-ceiling windows provide a view of the palm-lined exterior.
Wine Room
Glass panels and polished racks line the temperature-controlled wine room with a glowing geode accent wall. Bottles are arranged floor-to-ceiling along metal mounts that float against the backdrop. A tasting counter sits beneath a display of champagne and glassware.
Bedroom
Sliding glass doors in the main bedroom open directly to a covered patio and ocean view. A wood-paneled ceiling pulls warmth into the otherwise bright space, which includes a coastal-patterned bed and minimal décor. Outdoor seating sits just steps from the foot of the bed.
Bathroom
Mosaic tiles climb the dividing wall of a double vanity bathroom, separating the sinks from the walk-in marble shower. Rolled towels are neatly tucked under the wood-toned counter, paired with gray cabinets on either side. Finishes stay neutral while textures shift across every surface.
Walk-in Closet
Clean white cabinetry wraps the custom walk-in closet with built-in drawers, shelves, and soft neutral walls. Dual light fixtures drop from the ceiling, glowing above a central island used for accessories and display. Natural light streams in from high transom windows.
Dive Prep Room
Gear-lined walls and vented lockers transform this indoor space into a fully outfitted dive prep room. Rows of tanks, wetsuits, fins, and safety flags signal a home set up for marine adventure. Hooks and shelves are spaced for function, keeping every item visible and ready for the next dive.
Open-Air Patio
Palm-fringed seating fills the open-air patio that looks out across the ocean. White wicker sofas, wood tables, and soft lighting make this space a breezy extension of the main living area. Covered by a slatted roof, the lounge transitions smoothly into the pool deck.
Outdoor Kitchen
Grill station anchors the outdoor kitchen with dual cooking units, a wide counter, and high-back woven stools. Mosaic tile artwork in blue and green shades adds visual texture to the kitchen’s ocean-facing wall. Overhead fans and lighting complete the fully equipped dining zone.
Infinity Pool
Sun loungers drift just above the waterline in a shallow ledge of the infinity pool, framed by umbrellas and a clear view of the ocean. At the heart of the backyard, the pool curves outward toward a stretch of palm trees and a rocky shore. Steps away, the open patio transitions smoothly from the house to the water.
River-Style Lazy Pool
Overhead view reveals the layout of a lazy river-style pool system weaving through the landscaped backyard. Multiple pools connect with small bridges, shaded cabanas, and an adjacent pond bordered by white rocks. The design wraps around the main house and extends toward the dock and seawall.
Swim-up Bar
Covered swim-up bar stands in the middle of the pool, complete with barstools submerged in water. The circular roof structure includes a fan, mounted TVs, and views of the dock and ocean beyond. Under the countertop, built-in cabinetry and appliances form a full-service bar setup.
Fire Pit
Circular fire pit surrounded by white Adirondack chairs forms the centerpiece of a waterfront seating area. Set just behind the sea wall, the space offers direct views of anchored boats and a sculpture nestled among palm trees. The stonework and layout create a gathering spot on the edge of the lawn.
Backyard Putting Green
Artificial turf defines the backyard putting green located directly behind the house. Stone-edged garden beds and a shaded tiki structure with hanging chairs frame the green. A staircase leads up to the main house entrance, which sits elevated above the garden and putting area.
Boat Ramp
A private boat ramp and dockside platform sit adjacent to a thatched-roof tiki hut near the water. The outdoor space includes gravel and brick surfaces with landscaping that frames access to the dock. Surrounded by palm trees, the area links the waterfront to the rest of the tropical property.
Listing agent: The Florida Keys Sold Sisters Sarah Ewald and Sabrina Wampler @ Ocean Sotheby’s International Realty via Coldwell Banker Realty
