701 Tern Point Circle, Boca Raton, FL 33431

$7,500,000
Property Type: Residential Bedrooms: 5 Baths: 9 Square Footage: 9,614 Status: Closed
Current Price: $7,500,000 List Date: 11/06/2023 Last Modified: 1/14/2026

Description

Chic Montecito style meets this Sanctuary deepwater estate sited on 116+/- feet of waterfrontage originally built by Palm Beach builder Addison Development and interiors by Marc-Michaels. Authentic Spanish Colonial influenced interiors boast rich hardwood floors, terra cotta and gorgeous tough and groove beamed wood ceilings and gentle archways sets the stage for glamorous living. Lavish Primary suite includes two baths (one in the new Dior boutique vibe ) , lounge, exercise room and waterway balcony . Reimaged resort-styled pool/patio is enhanced with water features and sculpture garden, Loggia with professional bar and summer kitchen and Cabana. Shown by appt only.

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More Information MLS# R10933807

Contract Information

Comp Sale YN: No Listing Contract Date: 2023-11-06 Status: Closed Original List Price: 8950000 Sold Price: $7,500,000 Current Price: $7,500,000

Location and Legal

County Or Parish: Palm Beach County Parish Name: Palm Beach City Name: Boca Raton Postal Zip: 33431 Development Name: THE SANCTUARY Geographic Area: PB02 Special Assessment YN: No Country: United States Street Number: 701 Street Name: Tern Point Street Suffix: Circle State Or Province: FL Postal Code: 33431 Subdivision Name: THE SANCTUARY Area: 4180 Parcel Number: 06434708200000510 Zoning: RESIDENT Directions: Call listing agent for directions.

General Property Information

Living Area Main: 7664 Lot Size Dimensions: 13,036 SQ FT APPRX Gated Community YN: Yes Senior Community YN: No Outdoor Living Spaces YN: Yes Furnished: Furnished Stories Total: 2 Stories: 2 Fireplace YN: Yes Pool Private YN: Yes Property Sub Type: Single Family Residence Bedrooms Total: 5 Bathrooms Total: 9 Bathrooms Full: 6 Bathrooms Half: 3 Building Area Main: 9614 Building Area Source: Public Records Year Built: 1997 Garage YN: 1 Attached Garage YN: 1 Garage Spaces: 3 Covered Spaces: 3 Frontage Length: 116 Waterfront YN: 1 Direction Faces: South

Financial Information

Association Deposit YN: Yes Association Deposit Amount: 150 Application Required YN: Yes Association Membership: Mandatory Membership Fee Required YN: No Association YN: 1 Association Fee: 2054 Association Fee Frequency: Monthly Tax Annual Amount: 54404 Tax Year: 2024 Tax Legal Description: SANCTUARY LT 51

Remarks and Miscellaneous

Public Historical Remarks: Boat Services:Private Dock Y

Office/Member Information

DXORIGMLSID: RML

Status Change Information

Buyer Financing: Cash Major Change Timestamp: 2025-05-07T20:39:47Z Major Change Type: Status Change Price Change Timestamp: 2024-12-12T20:36:08Z Status Change Date: 2025-05-07 Under Contract Date: 2025-04-14 Close Date: 2025-05-07 Close Price: 7500000

Application Fee Details

Application Fee Required: Yes Application Fee: 150

Amenities

Tennis Court(s): 1

Association Fee Includes

Cable TV: 1 Common Areas: 1 Security: 1

Dining Area

Breakfast Area: 1 Formal Dining: 1

Exterior Features

Built-in Barbecue: 1

Flooring

Carpet: 1 Wood: 1 Other: 1

Parking Features

Garage Door Opener: 1 Attached Garage: 1 Garage: 1

Property Condition

Resale: 1

Short Sale Details

Short Sale Addendum: No

Possession

Close Of Escrow: 1

Sewer

Public Sewer: 1

Utilities

Sewer Available: 1 Water Available: 1

Heating

Central: 1 Zoned: 1

Sprinkler Description

Auto Sprinkler: 1 Zoned Sprinkler: 1

Water Access

Ocean Access: 1

Water View

Canal: 1

Appliances

Dishwasher: 1 Disposal: 1 Dryer: 1 Electric Range: 1 Free-Standing Freezer: 1 Refrigerator: 1 Washer: 1

Construction Materials

CBS: 1

Interior Features

Bedroom Layout - Split: 1 Cabana Bath: 1 Cathedral Ceiling(s): 1 Elevator: 1 Entrance Foyer: 1 French Doors: 1 Pantry: 1 Roman Tub: 1 Vaulted Ceiling(s): 1 Walk-In Closet(s): 1

Land Lease Information

Land Lease Remarks: 0

Laundry Features

Inside: 1 Laundry Closet: 1 Laundry Tub: 1

Levels

Multi/Split: 1

Listing Terms

Cash: 1

Pool Features

In Ground: 1

Roof

Spanish Tile: 1

Security Features

Gated with Guard: 1 Security Patrol: 1

Water Source

Public: 1

Waterfront Features

Canal Front: 1

Architectural Style

Mediterranean: 1

Boat and Dock Information

Dock: Yes

Boat and Dock Features

Private Dock: 1

Recreation Lease Information

Recreation Lease Remarks: 0

Cooling

Central Air: 1 Zoned: 1

Association Type

Homeowner Association: 1

Showing Requirements

24 Hour Notice: 1 Appointment Only: 1 Listing Agent Must Accompany: 1

Main Level Rooms

Main Level Bathrooms: 1 Main Level Bedrooms: 1

Master Bedroom/Bath

2 Master Baths: 1 Master Bdrm - Sitting: 1 Master Bdrm - Upstairs: 1 Separate Shower: 1 Separate Tub: 1

Pets Allowed YN

Yes: 1

Pool Size Details

Pool Size (WxL): 32 X 16

Restrictions

No Restrictions: 1

Storm Protection

Other Protection: Complete

Tax Information

City/County: 1

Showing Details

Pet(s) on Premises: Yes

Outdoor Living Spaces

Balcony: 1 Patio: 1

Balcony Details

Balcony - Covered: 1

Patio Details

Patio - Covered: 1

Contingencies

None: 1

Room Types

Bedroom 2: 1 Bedroom 3: 1 Bedroom 4: 1 Bedroom 5: 1 Den: 1 Dining Room: 1 Family Room: 1 Great Room: 1 Kitchen: 1 Kitchen Level: Main Laundry: 1 Living Room: 1 Living Room Level: Main Maid/In-Law Quarters: 1 Master Bedroom: 1 Master Bedroom Level: Upper Utility Room: 1

Concessions

Seller Concessions: No

Contributions

Buyer Contributions: No

Price Calculations

Current Price To SqFt: 978.6 Original List Price To Close Price: 1.19

Originating Details

Originating System Key: 20231103150938048149000000 Originating System ID: M00000170

Property Features

Association Fee Includes: Cable TV; Common Areas; Security Dining Area: Breakfast Area; Formal Dining Exterior Features: Built-in Barbecue Flooring: Carpet; Wood; Other Parking Features: Garage Door Opener; Attached Garage; Garage Property Condition: Resale Appliances: Dishwasher; Disposal; Dryer; Electric Range; Free-Standing Freezer; Refrigerator; Washer Architectural Style: Mediterranean Boat and Dock Features: Private Dock Construction Materials: CBS Cooling: Central Air; Zoned Association Type: Homeowner Association Heating: Central; Zoned Interior Features: Bedroom Layout - Split; Cabana Bath; Cathedral Ceiling(s); Elevator; Entrance Foyer; French Doors; Pantry; Roman Tub; Vaulted Ceiling(s); Walk-In Closet(s) Laundry Features: Inside; Laundry Closet; Laundry Tub Levels: Multi/Split Listing Terms: Cash Pets Allowed YN: Yes Pool Features: In Ground Possession: Close Of Escrow Restrictions: No Restrictions Roof: Spanish Tile Security Features: Gated with Guard; Security Patrol Sewer: Public Sewer Sprinkler Description: Auto Sprinkler; Zoned Sprinkler Tax Information: City/County Utilities: Sewer Available; Water Available Water Access: Ocean Access Water Source: Public Water View: Canal Waterfront Features: Canal Front Showing Requirements: 24 Hour Notice; Appointment Only; Listing Agent Must Accompany Outdoor Living Spaces: Balcony; Patio Balcony Details: Balcony - Covered Patio Details: Patio - Covered Contingencies: None Room Types: Bedroom 2; Bedroom 3; Bedroom 4; Bedroom 5; Den; Dining Room; Family Room; Great Room; Kitchen; Laundry; Living Room; Maid/In-Law Quarters; Master Bedroom; Utility Room

Room Information

Bedroom 2 Length: 22.00 Length: 22.00 Width: 16.00 Width: 16.00 Bedroom 3 Length: 16.00 Length: 16.00 Width: 14.00 Width: 14.00 Bedroom 4 Length: 32.00 Length: 32.00 Width: 14.00 Width: 14.00 Bedroom 5 Length: 14.00 Length: 14.00 Width: 10.00 Width: 10.00 Den Length: 20.00 Length: 20.00 Width: 14.00 Width: 14.00 Dining Room Length: 22.00 Length: 22.00 Width: 17.00 Width: 17.00 Family Room Length: 43.00 Length: 43.00 Width: 18.00 Width: 18.00 Kitchen Length: 24.00 Length: 24.00 Width: 16.00 Width: 16.00 Level: Main Living Room Length: 32.00 Length: 32.00 Width: 18.00 Width: 18.00 Level: Main Master Bedroom Length: 24.00 Length: 24.00 Width: 19.00 Width: 19.00 Level: Upper Utility Room Length: 10.00 Length: 10.00 Width: 8.00 Width: 8.00 Great Room Maid/In-Law Quarters Laundry
Listing Office: Premier Estate Properties Inc
IDX
Last Updated: January - 14 - 2026
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