Skip to content
Property for sale at 3945 POINSETTIA DRIVE, ST PETE BEACH, FL, 33706
Property for sale at 3945 POINSETTIA DRIVE, ST PETE BEACH, FL, 33706
1 / 96

3945 Poinsettia DriveSt Pete Beach, FL, 33706

5beds
3baths
2,892sqft
Single Family Residence
Built in 1971
$2,249,000
For sale
$2,394,000−$145,000 (6%)
Price per sqft
$778
Days on market
198
Listed
Apr 23
Last reduction
−$95,000
Nov 1, 2026
MLS #TB8498461Updated Nov 1, 2026

About this property

There are waterfront homes... and then there are homes that transport you somewhere else entirely. Hidden behind swaying royal palms and lush tropical gardens, on a large corner lot, this extraordinary Spanish Mediterranean waterfront estate evokes the romance of an Italian villa while embracing the beauty of St. Pete Beach living. From the moment you arrive, the circular drive, tranquil courtyard fountain, handcrafted architectural details, and mature botanical gardens create an atmosphere that feels worlds away from everyday life. Steeped in local lore, this Belle Vista estate is said to have once hosted elegant gatherings under the ownership of a British noble. Whether legend or fact, the home still feels perfectly designed for unforgettable evenings with family and friends. Architectural artistry unfolds throughout with graceful archways, decorative friezes, soaring ceilings, textured walls, artisan niches, distinctive quatrefoil windows, and a dramatic curved wrought-iron staircase that creates an unforgettable first impression. Rich craftsmanship and timeless character define every space. Designed for both everyday living and grand entertaining, the residence offers five bedrooms, including dual primary suites—one on each level—providing exceptional flexibility for guests or multi-generational living. The formal living room is anchored by a magnificent carved stone fireplace, while walls of glass frame sparkling water views throughout the home. At the heart of the residence, the chef's kitchen combines elegance and function with a Monogram professional refrigerator, GE Café six-burner gas range, convection oven, warming drawer, Bosch dishwasher, custom cabinetry, Brazilian granite countertops, integrated wine refrigeration, and a stunning brick-lined wine grotto that serves as both art and conversation piece. Just beyond, the custom waterfront bar and piano room invite evenings filled with music, conversation, and breathtaking sunsets over Boca Ciega Bay. Upstairs, the luxurious primary suite offers a private waterfront balcony, spa-inspired bath with a freestanding soaking tub, custom multi-head shower, and designer finishes that create a true owner's retreat. Outside, winding garden paths, colorful flowering landscapes, peaceful courtyards, and professionally designed landscape lighting transform the property into a private Mediterranean-inspired sanctuary. The resort-style pool with waterfall spa, expansive entertaining decks, and elevated observation terrace create the perfect setting for both intimate gatherings and large celebrations.
Boaters will appreciate deep-water access, a private dock with a 12,000-pound lift, and quick access to the Intracoastal Waterway and the Gulf of Mexico. Thoughtfully updated throughout, the home features an Eagle tile roof, smart home technology, propane system, updated water heaters, enhanced pool systems, integrated landscape lighting, and numerous designer upgrades that preserve its timeless architectural integrity while providing modern comforts. Ideally located just moments from award-winning Gulf beaches, renowned dining, shopping, golf, downtown St. Petersburg, and Tampa International Airport, this remarkable residence offers a rare opportunity to own not simply a waterfront home, but a Mediterranean estate where timeless architecture, exceptional craftsmanship, lush gardens, and waterfront living come together to create an experience that is truly unforgettable.

Top Villas Intelligence

Projected rental revenue and ownership costs
Sign in to view rental intelligenceSee projected rental revenue, ownership costs, operating yield, and supporting evidence.
Interested in this property?
Gaby, Property Specialist
Speak to GabyProperty Specialist, SerhantGaby can arrange a viewing, answer your questions and prepare a personalized rental projection.
+1 (407) 490-0475
No pressure. Your details stay private.

Property details

Property type
Single Family Residence
Street address
3945 Poinsettia Drive
City
St Pete Beach
State
FL
ZIP code
33706
Year built
1971
New construction
No
Faces
Southwest
Rooms
9
Building stories
2
Living area
2,892 sqft
Total building area
3,556 sqft
Architectural style
Mediterranean
Levels
Two

Stellar MLSThe data relating to real estate displayed on this website comes in part from the Internet Data Exchange (IDX) Program of Stellar MLS. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; the availability of any listing should always be independently verified. Listing information is provided for consumers' personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law.Stellar (MFR) data last updated at November 7, 2026 at 11:30 PM EST

Price & sale history

Asking price reduced by $145,000 (6.1%) since first listed.

EventPrice
Price reducedMLS #TB8498461$2,249,000Change: −4.1%−$95,000
Price reducedMLS #TB8498461$2,344,000Change: −2.1%−$50,000
Listed for saleMLS #TB8498461$2,394,000
History may be incomplete.
Explore nearby sales

Location

Property for sale at 3945 POINSETTIA DRIVE, ST PETE BEACH, FL, 33706
Learn more about this propertyGet in touch for more information
We will use your details to respond to this request and may share them with a suitable real estate professional when needed. Marketing is optional.