$27,140,700
- 3 Beds
- 5 Baths
- 5,709 sqft (on 0.69 acres)
38 Sunset Cay Rd, Key Largo, FL 33037
Est. Refi. Payment $185,271/mo*
Refinance Your HomeCurrently Off Market - Sold Feb 13, 2024 for $26,000,000
Home Value
Trulia Estimate
$27.1MSince last month
Decreased$551K (-2%)Since last year
Increased$1M (+3.9%)Since last sale
Increased$1M (+4.5%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by +140% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| September 2026 | $27.18M |
| August 2026 | $27.73M |
| July 2026 | $28.37M |
| June 2026 | $28.23M |
| May 2026 | $28.19M |
| April 2026 | $28.02M |
| March 2026 | $27.69M |
| February 2026 | $27.36M |
| January 2026 | $26.89M |
2025 | |
2024 | |
2023 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.38 | Single-Family Home | $14,750,000 | 01/09/26 | 4 | 5 | 4,723 | |
0.16 | Single-Family Home | $10,250,000 | 08/28/26 | 4 | 4 | 4,151 | |
0.21 | Single-Family Home | $6,520,000 | 05/07/26 | 4 | 5 | 3,018 | |
0.55 | Single-Family Home | $10,250,000 | 01/30/26 | 4 | 4.5 | 3,920 | |
0.50 | Single-Family Home | $14,000,000 | 04/30/26 | 5 | 6.5 | 4,954 | |
0.24 | Single-Family Home | $5,750,000 | 01/26/26 | 3 | 3 | 2,650 | |
0.37 | Single-Family Home | $7,400,000 | 12/18/25 | 4 | 4 | 3,311 | |
0.44 | Single-Family Home | $9,300,000 | 12/01/25 | 4 | 5.5 | 3,600 | |
0.42 | Single-Family Home | $5,055,000 | 03/02/26 | 3 | 4 | 2,990 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.09 | $25,419,800 | 4 | 4.5 | 5,781 | Off Market | |
0.14 | $3,101,800 | 2 | 2 | 1,156 | Off Market | |
0.16 | $16,950,000 | 5 | 5.5 | 5,280 | For Sale | |
0.16 | $10,250,000 | 4 | 4 | 4,151 | Recently Sold | |
0.14 | $24,918,000 | 4 | 4.5 | 4,988 | Off Market | |
0.18 | $13,800,000 | 4 | 4.5 | 3,454 | For Sale | |
0.18 | - | 3 | 2 | 1,842 | Off Market | |
0.18 | $5,200,000 | 2 | 2 | 2,423 | Recently Sold | |
0.18 | $5,495,000 | 4 | 3 | 1,960 | Recently Sold | |
0.18 | - | - | - | - | Off Market | |
0.19 | $6,059,300 | 3 | 3 | 1,988 | Off Market |
Local Information
-- mins to
Home Highlights
Single-Family Home
Built in 2021
0.69 acre lot
5,709 sqft
$4,754/sqft
2 Car Garage
About this House
Nestled in the heart of the prestigious Ocean Reef Club, discover a water lover's dream with this newly constructed canal-front sanctuary. Offering unparalleled waterfront access, the home boasts an expansive 280 ft of seawall dockage, complete with a robust 8-foot cap. Spanning 5,700 sq ft, this contemporary residence is the epitome of luxury and design. As you approach, be captivated by its Mexican shell stone-clad exterior, set against meticulously designed tropical landscapes and elegant oolite terraces. The home's grandeur continues inside with an art gallery foyer adorned with a breathtaking eyebrow ceiling and beams. The great room is a spacious 66' x 22' with soaring 13' ceilings, which seamlessly integrates a gourmet kitchen, providing a perfect setting for entertaining. Every room in the home, including the three-bedroom suites, benefits from state-of-the-art finishes such as porcelain tile floors, custom millwork ceilings and La Finestra impact windows. The primary suite is a true retreat with a luxurious ensuite, a custom walk-in closet, peaceful sunrises and expansive canal views. The two guest suites, each complete with ensuite baths, promise comfort and privacy for all occupants. Further enhancing this home's appeal are its thoughtful amenities. The media room, complete with insulated walls and a chic barn door, promises endless entertainment options. The club room, located off the kitchen, offers a space to relax and enjoy a quiet conversation or a separate space to entertain. Revel in the Florida sun by the 60' lap pool, adorned with a sun shelf or explore the outdoor entertainment areas, where vaulted entries with Cypress wood look ceilings await. Tech enthusiasts will appreciate the Sonos system and Lutron lighting, ensuring ambiance is just a click away. Safety and convenience are paramount with features such as armor screens, a full 60kw house generator and ample garage storage. Welcome to your personal paradise.
38 Sunset Cay Rd, Key Largo, FL 33037 is a 3 bedroom, 6 bathroom, 5,709 sqft single-family home built in 2021. It last sold for $26,000,000 on Feb 13, 2024 (13% below the $29,975,000 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $27,140,700.
Last check for updates: about 6 hours ago
Listed by Molly Taylor, Russell Post
Ocean Reef Club Sotheby's International Realty
Bought with: Parris Everhart, Ocean Reef Club Sotheby's International Realty
Source: CLS at Ocean Reef, MLS#2608

Home Details for 38 Sunset Cay Rd
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Interior Details Number of Rooms: 14 |
Beds & Baths Number of Bedrooms: 3Number of Bathrooms: 6Number of Bathrooms (full): 4Number of Bathrooms (half): 2 |
Dimensions and Layout Living Area: 5709 Square Feet |
Appliances & Utilities Appliances: Washer, Dryer, Dishwasher, Freezer, Refrigerator, MicrowaveDishwasherDryerLaundry: Laundry RoomMicrowaveRefrigeratorWasher |
Gas & Electric Gas: Propane Tank-Owned |
Windows, Doors, Floors & Walls Window: Fabric Screen, Impact Glass |
Levels, Entrance, & Accessibility Stories: 1 |
View No View |
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Exterior Home Features Patio / Porch: Deck/PatioExterior: Dock, Outdoor Kitchen |
Parking & Garage Number of Garage Spaces: 2Number of Covered Spaces: 2Has a GarageHas an Attached GarageParking Spaces: 2Parking: Attached,2 Car Garage |
Pool Pool: Outdoor Pool |
Frontage WaterfrontOn Waterfront |
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Year Built Year Built: 2021 |
Property Type / Style Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Contemporary |
Building Not a New Construction |
Property Information Parcel Number: 00572430000000 |
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Price List Price: $29,975,000 |
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MLS Status: Closed |
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Direction & Address City: Key LargoCommunity: Not Condo or Condo Outside MLS Area |
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Building Area Building Area: 5709 Square Feet |
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Lot Area: 0.69 acres |
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Special Conditions: Traditional |
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Furnished |
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Mls Number: 2608 |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Feb 13, 2024 Source: CLS at Ocean Reef #2608 | Sold | $26,000,000 |
Feb 13, 2024 Source: CLS at Ocean Reef #2608 | Pending | $29,975,000 |
Jan 18, 2024 Source: CLS at Ocean Reef #2608 | Contingent | $29,975,000 |
Nov 6, 2023 Source: CLS at Ocean Reef #2608 | Listed For Sale | $29,975,000 |
Feb 14, 2019 Source: N/A | Sold | $5,300,000 |
Feb 5, 2019 Source: Agent Provided | Pending | $5,500,000 |
Feb 5, 2019 Source: Agent Provided | Listed For Sale | $5,500,000 |
Mar 7, 2018 Source: Agent Provided | ListingRemoved | $5,500,000 |
Feb 19, 2018 Source: Agent Provided | PriceChange | $5,500,000 Price decreased by 5% |
Mar 8, 2017 Source: Agent Provided | Listed For Sale | $5,800,000 |
Feb 6, 2015 Source: N/A | Sold | $4,000,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $139,075 | $20,565,794 |
Home facts updated by county records
Market trends in Key Largo
Last updated August 2026
Avg. sale price
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Sale-to-List Price
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Price per sq ft
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Available listings
237
4MoM
Around this home
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
45 % 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.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections

Copyright Central Listing Service at Ocean Reef, Inc. All rights reserved. Information is deemed reliable but not guaranteed.
Frequently asked questions about 38 Sunset Cay Rd
- What is 38 Sunset Cay Rd estimated to be worth?Trulia's estimated value for 38 Sunset Cay Rd in Key Largo, FL is $27,140,700.
- What is the price history for 38 Sunset Cay Rd?38 Sunset Cay Rd in Key Largo, FL last sold for $26,000,000 in February 2024.
- Is Key Largo a buyer's or seller's market?Key Largo is currently a buyer's market, based on recent for-sale activity.
- What do residents say about Key Largo?Residents describe Key Largo, FL as dog-friendly, easy to park in, and well-kept. Most residents say you need a car. See recently sold homes in Key Largo, FL.
- Does 38 Sunset Cay Rd have a pool?Yes, 38 Sunset Cay Rd in Key Largo, FL has a pool.
- Does 38 Sunset Cay Rd have laundry facilities?Yes, 38 Sunset Cay Rd in Key Largo, FL has in-unit laundry.

