Blue Water Lagoon Estate – 16750 Old State Rd 4a, Sugarloaf Key, FL, USA 🇺🇸 – $8,995,000

For Sale

$8,995,000 USD

6Bed
5Bath
5,208 sqft484 sqm
2.33 ac0.94 ha
1959Built

Introducing Blue Water Lagoon Estate! Experience unmatched privacy and exceptional waterfront living at this gated 2.33-acre oceanfront estate in exclusive Sugarloaf Beach – a location famously featured in the film “True Lies.” Designed for the avid boater and those seeking a resort-style lifestyle, this 5,208 sq. ft. residence offers rare amenities and direct access to world-class fishing and diving.

A protected 6-boat basin with room for extra boats is the centerpiece of the waterfront, complete with 25K and 16K lifts, a boat ramp, sandy beach, lookout point, and composite observation deck. After a day on the water, unwind in the lagoon-style saltwater pool with a heater, chiller, and custom water features.

The expansive tiki bar includes TVs, True refrigerator/freezer drawers, and an ice machine, perfect for effortless outdoor entertaining. Additional features include a firepit, private sandy beach, and a full outdoor kitchen equipped with a built-in BBQ, Viking appliances, and True refrigeration.

The upper level offers a bright, open Great Room with sweeping ocean views, a spacious dining area, and a chef’s kitchen with stainless appliances. Two covered verandas provide ideal spaces for taking in the breezes and panoramic vistas.

The primary suite features an office, en suite bath, walk-in closet with laundry, sunroom, and loft. Two additional upstairs guest rooms comfortably accommodate visitors, while the separate downstairs living area offers three more guest bedrooms for privacy and flexibility.

Designed for hosting and convenience, the home is equipped with a Sonos sound system, property-wide Wi-Fi, abundant storage, a two-car garage with fishing lockers, and generous parking along a winding paver driveway. Lush, mature landscaping surrounds the property, creating a serene and secluded Sugarloaf Key retreat.

Gallery

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Lot

Blue Water Lagoon Estate - 16750 Old State Rd 4a, Sugarloaf Key, FL, USA - 130

Directions

16750 Old State Rd, Sugarloaf Key, FL 33042

Contact

Managing Partner and Broker

The Agency Florida Keys

Key West, FL, USA

305-924-3777

Lisa Swanson is the Broker Owner at The Agency in the Florida Keys, bringing over 20 years of experience in luxury real estate and an elite background in Private Banking. Recognized for her global perspective and local expertise, Lisa is a Certified International Property Specialist (CIPS) who serves a sophisticated clientele from around the world. Lisa's career began in high-level finance, where she developed a deep understanding of the needs of high-net-worth individuals. This experience, paired with her proven track record in the real estate industry, empowers her to offer a white-glove, concierge-style service that is both strategic and deeply personal. Clients benefit from her discretion, market intelligence, and commitment to flawless execution-from the first consultation to the final closing. Based in the stunning Florida Keys, Lisa covers the full stretch of the island chain-from the vibrant streets of Key West and the laid-back charm of the Lower Keys to the tranquil elegance of the Upper Keys. Whether marketing a multimillion-dollar oceanfront estate, securing a private historic property, or advising an international investor, Lisa consistently delivers insight-driven results with unmatched professionalism. With a keen focus on international clientele and luxury waterfront living, Lisa leverages The Agency's cutting-edge marketing platforms and expansive global network to connect buyers and sellers at every level. Her clients include U.S. mainlanders, foreign nationals, and longtime island residents who value her authenticity, responsiveness, and refined approach. A leader, mentor, and visionary, Lisa Swanson embodies the entrepreneurial spirit that defines The Agency. Her love for the Keys lifestyle, combined with her passion for helping others realize their real estate dreams, makes her the go-to expert in one of the world's most sought-after destinations.