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3 Beds
3 Baths
2,926 sqft

$1,990,000

487 ISLAND WAY, CLEARWATER BEACH FL, 33767

Price per sqft$680.11
Built in1969
Property size2,926 sqft
Property typeResidential
Courtesy of LPT REALTY, LLC., Oleg Shypitsyn  Listing Contact: 877-366-2213

Overview

Active

Listed Nov 7, 2026

Updated 37h ago

WELCOME TO WATERFRONT PARADISE IN CLEARWATER BEACH! SPECTACULAR CHANNEL VIEWS, PRIVATE DOCK, SALTWATER POOL, AND THE WORLD-FAMOUS CLEARWATER BEACH JUST MINUTES AWAY! Discover the Florida coastal lifestyle you've always imagined at 487 Island Way, located in the highly desirable ISLAND ESTATES waterfront community. Imagine waking up to breathtaking, UNOBSTRUCTED WATER VIEWS, enjoying your morning coffee overlooking the channel, spending afternoons cruising the Intracoastal Waterway, and returning home to your own PRIVATE TROPICAL RETREAT. Offering 2,926 SQ FT of living space, this spacious SINGLE-STORY residence features 3 BEDROOMS, 2 FULL BATHROOMS, 1 HALF BATH, and an exceptional combination of waterfront living, comfort, and privacy. From the moment you enter, expansive living areas and picturesque water views create an inviting atmosphere. The impressive 18-by-28-foot GREAT ROOM features custom built-ins and generous space for entertaining, while the kitchen offers GRANITE COUNTERTOPS, rich wood cabinetry, and beautiful views of the water. The PRIMARY SUITE provides a peaceful retreat with a walk-in closet and waterfront scenery. Step outside and experience what makes this property truly special. A spacious pool deck surrounds your PRIVATE SALTWATER SWIMMING POOL, complemented by an outdoor shower, beautifully maintained landscaping, tropical palm trees, and privacy fencing. With approximately 60 FEET OF INTRACOASTAL WATERFRONT, a PRIVATE DOCK, and BOAT LIFT, your next boating adventure begins right in your backyard. Enjoy boating, fishing, paddleboarding, or simply watching boats glide along the channel from the comfort of home. Additional highlights include a 2-CAR GARAGE with epoxy flooring and overhead storage, a generous driveway, a full-size laundry room, a built-in speaker system, water filtration, and a water softener. Storm-protection features include ANDERSEN WINDOWS AND SLIDING GLASS DOORS, ELECTRIC ROLL-DOWN STORM SHUTTERS, ACCORDION SHUTTERS, and protective window coverings. The home also features a HIGH-EFFICIENCY CARRIER HVAC SYSTEM installed in 2018. According to the seller's description, the property DID NOT EXPERIENCE FLOODING DURING RECENT HURRICANES. Beyond your front door, ISLAND ESTATES offers one of Clearwater's most desirable coastal lifestyles. Enjoy convenient access to PUBLIX, WATERFRONT DINING, LOCAL RESTAURANTS, and the renowned CLEARWATER MARINE AQUARIUM. Just minutes away, discover the shimmering sands and turquoise Gulf waters of CLEARWATER BEACH, the natural beauty of SAND KEY PARK, the waterfront energy of PIER 60, and the restaurants, entertainment, and spectacular sunsets that make this destination famous. Explore the area by bicycle, car, or JOLLEY TROLLEY while enjoying the convenience of nearby shopping and everyday essentials. With NO HOA FEES, an approximately QUARTER-ACRE LOT, generous indoor and outdoor entertaining areas, and an exceptional waterfront setting, this property offers the opportunity to enjoy the Florida lifestyle every day. THIS IS MORE THAN A HOME - IT'S YOUR PRIVATE WATERFRONT ESCAPE. EXPERIENCE ISLAND ESTATES LIVING AND SCHEDULE YOUR PRIVATE SHOWING TODAY!

$13,240/mo

Est. mortgage payment based on a $1,990,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
TB8563192

Interior Features

Bedrooms
3
Bathrooms
3
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.24 Acres

Other Property Details

Taxes
$19,391
Tax Frequency
Annually
Association Fee Frequency
Monthly
Garage
Yes
View
Yes
Municipality
29
Pets Allowed
Yes
Pool
Yes
Waterfront
Yes
55+/Senior Community
No

Listings courtesy of Stellar MLS as distributed by MLS GRID

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Andrew Cherry shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Properties displayed may be listed or sold by various participants in the MLS. 

Based on information submitted to the MLS GRID as of 2:14 PM UTC on 11/9/2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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