3 Mahogany Ln, Ocean Reef, FL 33037
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Property image
OFF MARKET

3 Mahogany Ln
Ocean Reef, FL 33037

  • 5 Beds
  • 5.5 Baths
  • 4,500 sqft (on 0.42 acres)

$4,671,300

Trulia Estimate
as of Jul 6, 2026
Est. Refi. Payment $30,418/mo*
Refinance Your Home

$4,671,300

Trulia Estimate
as of Jul 6, 2026
Est. Refi. Payment $30,418/mo*
Refinance Your Home
5 Beds
5.5 Baths
4,500 sqft
(on 0.42 acres)

Local Information

  • Map ViewExplore the area around 3 Mahogany Ln.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Description

Fantastic contemporary two story new home coming soon! Featuring 5 bedrooms and 5.5 bathrooms with a spacious pool / patio outdoor area for enjoying nature. With a total area of 4,500 square feet and an A/C area of 4,000. Located on a special quiet street in the Hammock area of Ocean Reef. Details and floor plans in process! Nestled in 2,500 secluded, tropical acres on the northernmost tip of Key Largo in the Florida Keys, the Ocean Reef Club is considered one of the country's most comprehensive communities. Offering 1,700 waterfront estates, private homes, condominiums and boat slips, Ocean Reef Club also features an oceanfront Inn, full-service spa and salon, and an array of dining and shopping options. Leisure amenities include a world class 175-slip marina for boating, fishing and diving; championship golf courses; world-class tennis and lawn sports; art league; cultural center; and more. The Club is also equipped with a fully staffed Medical Center, gourmet grocery store, veterinary care, and The Academy - an independent K-8th grade school.
3 Mahogany Ln, Ocean Reef, FL 33037 is a 5 bedroom, 6 bathroom, 4,500 sqft single-family home built in 2022. It is currently off market. The Trulia Estimate is $4,671,300, with a rent estimate of $15,661/month.

Home Highlights

Parking
No Info
Outdoor
No Info
View
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HOA
None
Price/Sqft
No Info
Listed
Less than a day ago

Home Details for 3 Mahogany Ln

Property Information

Year Built
Year Built: 2022
Property Type / Style
Property Type: Single Family Home

Lot Information

Lot Area: 0.42 acres

Price History for 3 Mahogany Ln

DatePriceEventSource
04/30/2024$5,100,000ListingRemovedCLS at Ocean Reef #2377
01/05/2024$5,100,000ContingentCLS at Ocean Reef #2377
12/15/2022$5,100,000PriceChange
CLS at Ocean Reef #2377
06/28/2022$4,800,000PriceChange
CLS at Ocean Reef #2377
05/10/2022$4,500,000PriceChange
CLS at Ocean Reef #2107
11/26/2021$3,895,000PendingCLS at Ocean Reef #2107
09/07/2021$3,895,000PriceChange
CLS at Ocean Reef #2107
01/25/2021$3,495,000Listed For SaleCLS at Ocean Reef #2107

Market trends in Key Largo

Last updated May 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$1.11M
$65KMoM
Sale-to-List Price
95.3%
0.1%MoM
Price per sq ft
$722
$23MoM
Available listings
276
18MoM
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Property Tax and Assessment

Year2025
Tax$4,735
Assessment$888,736
Home facts updated by county records

Comparable Sales for 3 Mahogany Ln

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
355 S Harbor Dr, Ocean Reef, FL
0.08
Single-Family Home
$4,500,000
11/14/25
5
5.5
4,500
39 Thatch Palm Way, Ocean Reef, FL
0.25
Single-Family Home
$5,000,000
07/16/25
5
5.5
4,360
185 S Harbor Dr, Key Largo, FL
0.15
Single-Family Home
$4,700,000
07/30/25
6
6
4,385
22 Harbor Island Dr, Key Largo, FL
0.20
Single-Family Home
$7,700,000
05/14/26
4
5.5
5,168
345 S Harbor Dr, Key Largo, FL
0.09
Single-Family Home
$4,750,000
04/08/26
3
3.5
3,825
39 Cinnamon Bark Ln, Key Largo, FL
0.36
Single-Family Home
$6,850,000
04/01/26
6
6.5
4,610
12 Mahogany Ln, Key Largo, FL
0.03
Single-Family Home
$3,825,000
06/17/26
3
3
2,083
10 Bay Berry Ln, Key Largo, FL
0.20
Single-Family Home
$2,075,000
09/02/25
3
4
4,317
29 Baker Rd, Ocean Reef, FL
0.51
Single-Family Home
$5,800,000
08/27/25
4
4.5
2,301
21 S Bridge Ln, Key Largo, FL
0.39
Single-Family Home
$12,250,000
02/04/26
4
5
7,084

Nearby homes

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Assigned Schools

These are the assigned schools for 3 Mahogany Ln.
View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

What Locals Say about Key Largo

At least 96 Trulia users voted on each feature.

  • 92 % Say it's dog friendly

  • 84 % Say parking is easy

  • 79 % Say car is needed

  • 78 % Say yards are well-kept

  • 74 % Say people would walk alone at night

  • 72 % Say there's holiday spirit

  • 66 % Say it's quiet

  • 66 % Say they plan to stay for at least 5 years

  • 63 % Say it's walkable to restaurants

  • 55 % Say neighbors are friendly

  • 55 % Say kids play outside

  • 52 % Say there's wildlife

  • 47 % Say there are community events

  • 46 % Say it's walkable to grocery stores

  • 31 % Say streets are well-lit

  • 23 % Say there are sidewalks

Sourced by Trulia users. Learn more about our methodology.
  • Cn68dgn6hz
    "They have Dogs ism assuming they happy with the neighborhood as they are very much friendly is a very nice neighborhood "
    0
    Flag
  • Shaun Matthews
    "I drive everywhere I need to go. Golf carts are permissible in most neighborhoods. Everything is within a 5 min car ride. "
    0
    Flag
  • Dr.mahoney
    "We take care of each other in times of need hurricanes a good example. Animals are safe and people are friendly "
    0
    Flag
  • DC
    "Imagine living in a neighborhood where everyone knows each other and looks out for one another—where you can spend lazy afternoons lounging in beautiful parks or embark on thrilling marine adventures. Your kids will have a blast playing in sports leagues and attending top-notch schools. And the best part? The whole vibe is super chill and welcoming. That's the kind of community you'll find here!"
    0
    Flag
  • Carol Painter
    "Silver Shores is a beautiful 55 and older park! All yards are beautiful with grass, flowers, and trees! All the owners love it here!"
    0
    Flag
  • Deborah Clarke
    "Great neighbors, wonderful parks, beautiful sunsets, great church, great schools to choose from. The bond of our community. Every year our street throws an annual Keys Christmas Party. There is a sense of peace and connection knowing that you are safe and valued in your neighborhood. Everyone is so friendly, which makes it so inviting."
    0
    Flag
  • Karen M.
    "its a tourist spot area and very close to everything that you may need its a small city but very nice place"
    0
    Flag
  • Davius C.
    "It’s pretty dog friendly around here. I always see people walking their dogs. I have three of my own. The neighbors wave and say hi to my dogs while they are walking their dogs"
    0
    Flag
  • Diamonddegree
    "Private and secluded neighborhood at the beginning of the Florida keys. Great diving and snorkeling options "
    1
    Flag
  • Stuart G.
    "my commute is 20 miles but with traffic it takes anywhere from 35 minutes to 2 hours. just depends on the traffic "
    1
    Flag
  • Danlsteadman
    "Dogs are welcome at local restaurants with outside seating. Water bowls are available at these restaurants. "
    0
    Flag
  • Lmgkeys
    "Safe area. Surrounded by the water. Good schools. Great fishing and boating. Kayak and canoeing. Small island nearby."
    0
    Flag
  • Virgil R.
    "There are lots of kids here and watchful parents. So it’s safe for them to play outside and ride their bikes on the back streets. The fathers are outside and monitoring the speed people drive. "
    0
    Flag
  • Ruthrich41
    "We have allowed activities here so we get acquainted with a lot of people in our area and you get to know them and you make friends here we have 240 homes in our compound and a lot of good neighbours are very good friends are here"
    1
    Flag
  • Virgil R.
    "It’s next to the ocean and boat launches and public pools And Public parks where you can walk your dog play tennis do a fitness circuit and volleyball and it’s raining in downtown so it’s easy to leave there and get something to eat"
    1
    Flag
  • mdasca
    "This area is unique because it is close to Miami yet feels like worlds away. This community had neighbors that all have a passion for boating. There is no place in the world like the Florida keys!"
    0
    Flag
  • sherieann2008
    "This is one of the friendliest communities I have ever lived in. The neighbors all know each other and watch out for everyone. We are close to all of the entertainment and dining we want but have the quiet and privacy of a small community - the best of both worlds"
    0
    Flag
  • Lian A.
    "GATED COMMUNITY WITH DEEP WATER DOCKAGE - FAMILY FRIENDLY"
    0
    Flag
  • Kathy D.
    "Key Largo is known for its commuting ease from the Miami Dade area. It has a great Aquatic center, lots of dining options and, as with the rest of the Keys, is known for its water sports which include fishing, diving, kayaking, snorkeling, jet skies etc. The Keys are considered the Caribbean of the US. All the beauty and nice people, no passport."
    0
    Flag
  • Alicia O. L.
    "I have lived here for 7 years and absolutely love it!!!! A.L."
    1
    Flag

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Explore by feature - Pet Friendly

49 pet-friendly rentals in Ocean Reef, FL

Explore by feature - Garage

14 rentals with a garage in Ocean Reef, FL

Explore by feature - Air Conditioning

73 rentals with air conditioning in Ocean Reef, FL

Explore by feature - Pool

35 rentals with a pool in Ocean Reef, FL

Explore by feature - Washer/dryer

67 rentals with a washer/dryer in Ocean Reef, FL

Explore by feature - Outdoor Space

8 rentals with an outdoor space in Ocean Reef, FL

Homes for sale near 3 Mahogany Ln

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Off Market Homes Near 3 Mahogany Ln

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