IDX

Listed by Kathy Harman · Courtesy of MICHAEL SAUNDERS & COMPANY · Agent MLS ID# MFR281527440 · Deemed reliable but not guaranteed. · Listing updated: Oct 2, 2026 · 3:26 PM

242 OAK AVE

Anna Maria, Manatee, FL, 34216

Active

$7,445,000

$2000/sqft

4Beds
4Baths
3,722Sq Ft
2020Built
1Days on Market

About this home

Come sit on the lanai at this stunning property and you will realize just how different it is from anything else on Anna Maria Island. Set behind gates, tropically landscaped and surrounded by water on three sides, this very private property has only changed hands once in nearly 60 years. It is located on one of the most desirable beach access streets, yet feels remarkably removed from neighboring properties. This four-bedroom family home was constructed in 2020 and engineered to exceed the latest hurricane standards with the safety and security of a concrete elevated home. It was built as an upscale residence, for those who wish to live on Anna Maria, whether seasonally or full-time. It was not designed as a rental home, where the living space is sacrificed to multiple bedrooms. Instead the 3,850 square feet of air-conditioned living area is designed for effortless indoor/outdoor Florida living offering two primary bedrooms with ensuites, a formal dining room, family room and even a dedicated office for those who occasionally work from home. A guest house, connected by a bridge, has two more bedrooms, a full bath and kitchenette, giving family and guests total privacy. Separate utilities even allow this space to be easily closed off when not in use. Architecturally, the home blends Florida, Caribbean and South Pacific influences with custom imported cabinetry, vaulted wood ceilings and walls of glass that allow natural light to fill the interiors. Expansive glass doors disappear to open the great room completely to the covered waterfront lanai, where morning coffee may come with dolphins passing through Bimini Bay. Entertaining flows just as naturally. A Teppanyaki cooking island sits steps from the gourmet kitchen and on the same level, making it easy to move between indoor and outdoor spaces while enjoying the sweeping water views. Or gather around the fire pit, under the stars on your own sandy “beach” at the point of this extraordinary triangular waterfront parcel, surrounded by Bimini Bay. The grounds feel like a private resort, with a dramatic pool featuring fire and water elements, lush landscaping and multiple places to dine, gather or simply enjoy the view. The property is protected by more than 500 feet of new concrete seawall and for boaters offers direct access to the Gulf. A 60-foot dock with power and water accommodates a cruiser, while a separate 12,000-pound boat lift and additional dock provide space for smaller watercraft and toys. With more than 7,000 square feet of luxury covered living area on a one-of-a-kind waterfront parcel, perhaps the greatest luxury here is not something measured in square feet. It is the feeling of openness and privacy, with water in nearly every direction and the ability to enjoy everything you love about Anna Maria Island, then retreat to a place where, for a little while, the island feels entirely your own. Call now to experience this extraordinary waterfront retreat for yourself.

Facts & Features

MFRA4707699
$7,445,000
Active
4
4
3
1
3,722 sqft
0.3700
2020
Residential
Single Family Residence
Contemporary, Courtyard, Coastal, Custom

Community Information

242 OAK AVE
Bimini Bay Estates
Anna Maria
Manatee
FL
34216
No

Amenities

N/A
N/A
No
Yes
Yes

Interior

Ceiling Fans(s), High Ceilings, Open Floorplan, Vaulted Ceiling(s), Walk-In Closet(s), Stone Counters, Thermostat, Crown Molding, Elevator, Built-in Features, Primary Bedroom Main Floor, Other, Central Vaccum, Tray Ceiling(s), Wet Bar
Electric, Heat Pump
Zoned
Tile, Wood, Travertine
Living Room, Gas, Ventless
1
Built-In Oven, Cooktop, Dishwasher, Dryer, Ice Maker, Microwave, Refrigerator, Washer, Electric Water Heater, Range, Convection Oven, Exhaust Fan, Bar Fridge, Wine Refrigerator

Exterior

Rain Gutters, Lighting, Sprinkler Metered, Balcony, Outdoor Grill, Outdoor Shower, Courtyard, Outdoor Kitchen
Block, Stucco, HardiPlank Type, Concrete
Slab
Tile
Vinyl
Oversized Lot, Street Dead-End

School Information

Anna Maria Elementary
Martha B King Middle
Manatee High

Additional Information

October 1, 2026
1
R1
South
No

Mortgage Calculator

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This calculator provides estimates for informational purposes only and is not a loan offer, pre-approval, or commitment to lend. Actual rates, payments, and loan terms vary by lender and are subject to credit approval, income/asset verification, and market conditions. Property tax and homeowners insurance shown are estimates and may differ. PMI applies when the down payment is under 20%. For an official Loan Estimate, contact a licensed mortgage lender. MICHAEL SAUNDERS & COMPANY is a licensed real estate brokerage, not a mortgage lender. Equal Housing Opportunity.

1 day on market

Listing updated: Oct 2, 2026 · 3:26 PM

Listed by: Kathy Harman · 941-900-9828—MICHAEL SAUNDERS & COMPANY · 941-896-9981

Updated from Real Estate Market Data

Location

Ahmed ElbatrawyAhmed ElbatrawyEmpire Network Realty

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