$15.5 Million Key Largo Waterfront Estate Exquisite Luxury Private Dock and Resort Style Living
Nestled in the serene heart of the Ocean Reef Club on Key Largo’s northernmost tip, this extraordinary estate at 21 S Bridge Ln presents a rare opportunity in the world of ultra-luxury residences. Listed at $15.5 million, this waterfront jewel epitomises refined living and stands out in the highly competitive realm of Key Largo real estate.
From the moment you arrive through the gated enclave and step into the soaring double-height foyer, the home in Key Largo for sale’s architectural pedigree is unmistakable. Custom wrought-iron balustrades sweep upward along a grand staircase, parquet floors radiate warmth under abundant natural light, and oversized windows frame tranquil views over Dispatch Creek and lush tropical foliage. In conversation with Luxury Houses Magazine, listing agent Molly Taylor of Russell Post – Ocean Reef Club Sotheby’s International Realty observed: “The owners have painstakingly curated the finishes, the light, the water access, this isn’t just a home in Key Largo for sale, it’s a lifestyle buy.”
Architectural Excellence & Interior Craftsmanship
Built in 2008 and extensively remodelled in 2020, the 7,084 square feet residence spans two levels and sits on a generous 0.86-acre lot. With four bedrooms and six bathrooms (four full, two half), this Key Largo real estate defines the pinnacle of Key Largo waterfront homes. The heart of the home is the chef’s kitchen, where a waterfall-edge marble island stands alongside premium appliances and bespoke cabinetry, complemented by an adjoined butler’s pantry designed for seamless entertaining. The formal living and dining spaces flow effortlessly to the outdoors, blurring the boundaries between interior and exterior living in true resort-style fashion.
The primary suite delivers its own sanctuary: vaulted ceilings, French doors opening to a private balcony, and a spa-inspired ensuite featuring a freestanding soaking tub, walk-in shower and dual vanities. Each guest suite mirrors this attention to detail, offering ensuite baths and premium finishes to ensure both comfort and privacy for visitors. Additional highlights include a dedicated home office, a media room with custom bar, smart-home integration, and a three-car garage with generous storage. The outdoor realm is equally impressive: a resort-style pool, covered terrace with outdoor kitchen and, most notably, a private dock granting direct access to the world-class boating and fishing waters of Key Largo. As the listing notes: “Where luxury meets tranquility.”
SEE MORE: $13.7 Million Coral Gables Waterfront Retreat Redefines Luxury Boater Living
Location & Lifestyle, The Value of Key Largo
Perched within the prestigious Ocean Reef Club, this address enjoys access to one of Florida’s most exclusive residential communities, set on a peninsula surrounded by water on three sides.
The club boasts unparalleled amenities: a private airport, marina slots, fine dining, championship golf, and a full spectrum of services within a secure, private environment. One club brochure notes: “Nestled in 2,500 secluded, tropical acres on the northernmost tip of Key Largo … Offering 1,700 waterfront estates, private homes, condominiums and boat slips.”
For a prospective buyer seeking a top-tier Key Largo home for sale, the locale ticks every box. You’re within striking distance of Miami (by land, sea or air), while daily life feels removed from the bustle, yet still richly connected. Dining venues, upscale shopping and outdoor adventures (boating, fishing, diving) are all at your doorstep. As the listing agent told Luxury Houses: “In my 25 years in Key Largo real-estate, it’s rare to see four-bedroom waterfront estates of this scale hit the market, especially with direct water access and no bulkhead issues.”
Transaction History & Market Context
This property’s evolution is a vivid illustration of the upward momentum in high-end waterfront real estate. In 1997 it changed hands for approximately $100,000 (~$14/sq ft); by July 2020 it sold for $4,725,000 (~$667/sq ft); now the listing price is $15,475,000 (~$2,185/sq ft). These figures are sourced from public records and listing archives. Meanwhile, the home’s listing history shows multiple price adjustments: $17,925,000 in December 2024, $16,000,000 in July 2025, before the current figure.
A spokesperson for Luxury Houses remarked: “The significant appreciation since 2020 signals how scarce real estate of this calibre has become in the Key Largo segment.” Given the rarity of estate-sized homes with modern upgrades, private dockage and inclusion within a secure, amenity-rich enclave, the property’s valuation aligns with highest-tier luxury waterfront comparables.
Why It Stands Out in the “Home in Key Largo for Sale” Arena
What sets this residence apart is the alignment of five key factors: first, true waterfront access via private dock, a premium feature often missing in better-priced homes. Second, high-end finishes and recent remodel ensure the home is move-in ready for a discerning buyer. Third, the inclusion within the Ocean Reef Club community offers privilege and exclusivity, the lifestyle component fully integrated. Fourth, the property’s transactional history underscores demand and value accumulation. Finally, the positioning within the broader Key Largo real estate market delivers both privacy and connectivity, making it one of the rare Key Largo real estate opportunities that marries luxury with lifestyle.
As the listing agent further noted to Luxury Houses: “We’ve had proactive inspections and modern smart-home integrations already in place, the next owner can move in without major retrofits.” That alone can be a decisive advantage in luxury home acquisition.
Considerations for a Discerning Buyer
At this price point the buyer pool is naturally narrow, typically ultra-affluent individuals seeking not only a home but a legacy asset. With large scale waterfront estates come correspondingly significant ongoing maintenance requirements (dock, pool, landscaping, advanced home-automation systems). That said, the home’s condition and recent enhancements mitigate much of the uncertainty. In the words of the agent: “We’ve laid the groundwork so the next owner inherits a turnkey lifestyle.”
Additionally, prospective buyers should factor in community membership dynamics within Ocean Reef Club, exclusivity comes with privileges and some responsibilities. After all, luxury isn’t just about immediate access; it’s also about stewardship, continuity and fit within the neighbourhood fabric.
Final Take, From Luxury Houses Magazine
In the ultra-luxury segment of Key Largo real estate, few listings deliver the full spectrum: architectural excellence, waterfront lifestyle, private-dock access, secure private-club setting, and proven value appreciation. The property at 21 S Bridge Ln meets and exceeds each of these criteria. From its impeccably curated interiors to the expansive outdoor leisure spaces and the prestigious Ocean Reef Club address, this is not merely a home in Key Largo for sale; it is an invitation to a rarefied way of life.
As Luxury Houses Magazine observed: “When you enter the foyer, you instantly understand this is not just a home, it’s a statement. The coil of the staircase, the light on the terrace, the water beyond the dock … it all comes together.” For luxury-market buyers who measure value not just in square feet but in experience, this estate invites careful consideration.
View full on Zillow listing to know more about 21 S Bridge Ln, Key Largo, Florida.
For inquiries or to schedule a private showing, please contact:
Molly Taylor
508-524-4633
Ocean Reef Club Sotheby’s International Realty
Russell Post
305-451-8199
Ocean Reef Club Sotheby’s International Realty
* This property might not for sale at the moment you read this post; please check property status at the above Zillow or Agent website links*
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