8318 PLANTERS KNOLL TERRACE

Property Details

Description

Under contract-accepting backup offers. Virtually Staged. Short Sale. Privately positioned at end of a tranquil cul-de-sac in the prestigious gated enclave of University Place, this distinguished estate occupies the largest homesite in the community, offering an uncommon sense of space, privacy and refinement. Designed for elevated Florida living, the residence seamlessly blends architectural sophistication with resort-inspired outdoor luxury. The expansive rear grounds have been masterfully curated to create an extraordinary private retreat. An award-winning pool anchors the setting, enhanced by cascading water features, sculptural fire bowls, a 10-person spa and an elegant fire pit. A fully appointed summer kitchen and additional under-building living area provide exceptional versatility for entertaining and relaxation, day or evening. The interior layout is equally thoughtful, accommodating multigenerational living with a private suite ideal for extended family or guests. A strategically placed bath also serves as a pool bath, reflecting the home’s intuitive design and effortless indoor-outdoor flow. The expansive entertaining kitchen serves as heart of the home, anchored by a generous island and complemented by stainless steel appliances and an abundance of finely crafted wood cabinetry, designed to balance everyday functionality with effortless elegance. The primary suite is a private sanctuary, offering direct access to the pool terrace, bespoke dual built-in closets and a spa-inspired atmosphere designed for rest, comfort and quiet luxury. Residents of University Place enjoy access to two exclusive recreation centers featuring resort-style pools, fitness facilities, outdoor kitchens with natural gas grills and scenic walking trails winding around serene, fountain-lit lakes. The community’s Charleston-inspired streetlamps and flowering baskets contribute to its timeless charm and impeccable presentation. Ideally in the heart of the Sarasota–Bradenton corridor, the home offers immediate access to the UTC lifestyle premier shopping, fine dining, cultural attractions and Benderson Park, along with proximity to Interstate 75, downtown Sarasota and Bradenton, and world-renowned beaches of Siesta Key and Longboat Key. Golf, tennis and pickleball are moments away. A rare offering in one of the region’s sought-after gated communities, this exceptional residence represents the pinnacle of Florida living where privacy, elegance and location converge.

Facts & Costs

Property type

Single Family Residence

Year built

2004

Lot size

0.35 acres

Stories

1

Garage

2 spaces

Price per sq ft

$267

Days on market

259

Private pool

Yes

Waterfront

No

Community

University Place

Subdivision

UNIVERSITY PLACE

County

Manatee

Flood zone

X500

Monthly & yearly costs

HOA fee

$112 / monthly

Property taxes

$9,006 / year (2024)

As reported by the listing agent. Verify with the HOA and county.

Construction & systems

Heating

Central

Cooling

Central Air

Flooring

Hardwood, Tile

Roof

Shingle

Construction

Block, Concrete, Stucco

Parking

Driveway

View

Park/Greenbelt, Trees/Woods

Payment Estimate

$4,149 / month

Principal & interest

$3,287

Property taxes

$751

HOA

$112

Home insurance

enter below

Estimate only, not a loan offer. Rate is a starting value; taxes and HOA are as reported by the listing agent. Florida insurance (including flood) varies widely. Ask George for a lender referral.

Location

Features & Amenities

• Dishwasher
• Disposal
• Gas Water Heater
• Microwave
• Refrigerator
• Ceiling Fans(s)
• High Ceilings
• Kitchen/Family Room Combo
• Living Room/Dining Room Combo
• Primary Bedroom Main Floor
• Solid Surface Counters
• Solid Wood Cabinets
• Split Bedroom
• Stone Counters
• Walk-In Closet(s)
• Window Treatments
• Outdoor Grill
• Private Mailbox
• Rain Gutters
• Sidewalk
• Child Safety Fence
• Gunite
• In Ground