Record-Breaking Waterfront Home Near Caladesi Island State Park Off the Market After $5 Million Price Cut

Record-Breaking Tampa Bay Home with Unique Location Off the Market After Price Cut

TAMPA BAY, FL — The only home in Tampa Bay that shares a property line with the stunning Caladesi Island State Park has officially left the market, following a significant price reduction that still kept it as the area’s most expensive listing.

Located at 1198 Mandalay Point, this remarkable waterfront property was initially listed on February 26 with a staggering asking price of $37.5 million. However, after a $5 million cut in December, the home was still positioned at $32.5 million—a price that would have set a new record for the region, surpassing the previous high of $22.5 million for Derek Jeter’s former residence on Davis Islands.

Built in 1987 by Edwin “Ed” Hunter and his wife Carolyn, who were instrumental in establishing the Hiland Potato Chip company and the historic Clearwater Beach Hotel, the home spans 3,434 square feet and sits on over 42 acres of private land. Its unique location on the northernmost tip of Clearwater Beach offers unparalleled access to one of Florida’s most pristine natural environments.

A Slice of Paradise

Perched 20 feet above sea level, the home boasts three bedrooms and four bathrooms, each offering breathtaking water views. The property features an impressive atrium with 20-foot ceilings, a heated lap pool, and dockage on Dunedin Pass, making it a haven for water enthusiasts. Perhaps most enticing is the private beach, likely the most secluded in all of Pinellas County.

The home, owned by EJH Investments SD LLC, has captured the attention of luxury real estate enthusiasts and nature lovers alike, thanks to its rare combination of opulence and natural beauty.

A Community Treasure

As the Tampa Bay area continues to grow, homes like the Hunter residence tell a story of the region’s rich history and vibrant community. Creative Loafing Tampa Bay aims to highlight such unique properties, inviting readers to share their insights on other noteworthy homes in Florida.

While the Hunter home may no longer be on the market, its legacy as a symbol of luxury living in Tampa Bay will undoubtedly endure. For those who missed the opportunity, the allure of this exceptional property serves as a reminder of the unique treasures that the area has to offer.