718 Bakers Ln, Key West, FL 33040
Property image
Property image
OFF MARKET

$1,742,200

Trulia Estimate
  • 3 Beds
  • 2.5 Baths
  • 1,714 sqft

718 Bakers Ln, Key West, FL 33040

Old Town
Est. Refi. Payment $10,483/mo*
Refinance Your Home
Currently Off Market - Sold Nov 20, 2024 for $1,675,000

Home Value

Trulia Estimate
$1.74M
Since last month
Increased$21K (+1.2%)
Since last year
Increased$5K (+0.3%)
Since last sale
Increased$67K (+4%)
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 +102% in the last 10 years
MonthEstimated value
2026
September 2026$1.74M
August 2026$1.72M
July 2026$1.74M
June 2026$1.71M
May 2026$1.64M
April 2026$1.65M
March 2026$1.73M
February 2026$1.72M
January 2026$1.72M
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

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
0.03
Single-Family Home
$2,595,000
11/13/25
3
2.5
1,524
0.10
Single-Family Home
$1,590,000
01/22/26
3
1.5
1,392
0.09
Single-Family Home
$2,525,000
04/27/26
3
3
1,600
0.29
Single-Family Home
$1,600,000
11/12/25
3
2
1,440
0.30
Single-Family Home
$1,825,000
02/20/26
3
2.5
1,681
0.21
Single-Family Home
$1,500,000
01/23/26
4
1.5
1,680
0.28
Single-Family Home
$1,650,000
10/30/25
3
2
1,376
0.29
Single-Family Home
$1,275,000
07/24/26
3
3
1,748
0.33
Single-Family Home
$1,900,000
03/30/26
4
3
1,738

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
0.03
$2,638,600
3
2.5
1,524
Off Market
0.05
$1,405,700
3
2
1,268
Off Market
0.05
$1,665,100
3
2.5
1,524
Off Market
0.07
$865,000
2
1
723
Recently Sold
0.05
$3,180,500
4
3.5
3,353
Off Market
0.03
$1,400,000
1
1
684
Recently Sold
0.07
$2,599,000
3
2
1,204
For Sale
0.09
$1,367,400
2
2
1,060
Off Market
0.09
$610,200
1
1
599
Off Market
0.07
$1,315,500
2
2
1,224
Off Market
0.04
$1,625,000
3
2
1,594
Recently Sold

Local Information

  • Map ViewExplore the area around 718 Bakers Ln.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1933
1,714 sqft
$1,016/sqft

About this House

Step into 718 Bakers Lane, where historic charm seamlessly blends with modern luxury in the heart of Old Town. This beautiful historic home, affectionately known as 'The Johnny Cake House' holds a rich legacy dating back to the early 1920s where locals frequented for fresh baked goods.

Situated at the end of a quiet lane at the highest elevation on the island (x flood zone) , 718 Bakers Lane provides the perfect retreat from the hustle and bustle, yet it's just moments away from all that Old Town has to offer; quaint shops, gourmet dining, and vibrant nightlife.

This meticulously renovated home offers the perfect blend of historic charm and convenience, dripping in highly coveted dade county pine. The first floor features two bedrooms with a jack and jill bathroom, a dedicated laundry room with half bath and a chefs kitchen with a new downdraft gas range and quartz countertops, ready for your culinary adventures. The second floor hosts a spacious bedroom with high ceilings and an en suite bathroom, walk in closet and private rooftop terrace.

Enjoy brand new split AC units, and a whole-house generator for peace of mind.

But it's not just about the interiors, this property invites you to embrace the outdoors. Impact french doors open up to a private wooden deck with room for a pool.

Sip your morning coffee on the tranquil porch or unwind in the privacy of your patio. Fruit trees surround the home, providing the best mangos and avocados Key West has to offer. The structure is secure with 11 new house piers. Plenty of outdoor storage with a shed fastened to a concrete pad. To round it off, an electric vehicle charging station has been installed for added convenience.

Whether you're seeking a historic gem or a prime investment opportunity, this is the place to be. Don't miss your chance to own a piece of history in paradise. Make 718 Bakers Lane your forever home!
718 Bakers Ln, Key West, FL 33040 is a 3 bedroom, 3 bathroom, 1,714 sqft single-family home in Old Town, built in 1933. It last sold for $1,675,000 on Nov 20, 2024 (4% below the $1,750,000 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $1,742,200, with a rent estimate of $7,609/month.
Last check for updates: about 17 hours ago
Listed by Paige Bethel, (305) 395-0550
Island Home Realty Inc.
Bought with: The Watkins Group, (305) 304-4269, Keller Williams Key West Compass Realty
Source: FLKMLS, MLS#609775

Home Details for 718 Bakers Ln

Interior Features

Beds & Baths
Number of Bedrooms: 3Number of Bathrooms: 3Number of Bathrooms (full): 2Number of Bathrooms (half): 1
Dimensions and Layout
Living Area: 1714 Square Feet
Appliances & Utilities
Utilities: Cable AvailableAppliances: Washer, Dryer, Dishwasher, Refrigerator, Range, Oven, Gas Appliances, Stainless Steel Appliance(s)DishwasherDryerLaundry: Laundry RoomRefrigeratorWasher
Heating & Cooling
Has CoolingAir Conditioning: Ductless
Windows, Doors, Floors & Walls
Flooring: Tile, Wood
Levels, Entrance, & Accessibility
Accessibility: NoneFloors: Tile, Wood
View
No View

Exterior Features

Exterior Home Features
Patio / Porch: Open Porch/Balcony, DeckFencing: FencedOther Structures: Shed(s)Exterior: Fruit Tree(s), Rain GuttersNo Private Pool
Frontage
Not on Waterfront

Property Information

Year Built
Year Built: 1933
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Conch
Building
Construction Materials: FrameNot a New Construction
Property Information
Condition: Updated/RemodeledParcel Number: 00011650000000

Price & Status

Price
List Price: $1,750,000

Active Status

MLS Status: Closed

Location

Direction & Address
City: Key WestCommunity: Old Town - Unrecord (1.0)

Building

Building Area
Building Area: 1714 Square Feet

HOA

HOA Fee Includes: NoneNo HOA

Lot Information

Lot Area: 2613.6 sqft

Offer

Listing Terms: Cash, Conventional

Miscellaneous

Mls Number: 609775

Price and Tax history

DateEventPrice
Oct 26, 2025
Source: FLKMLS #616442
ListingRemoved
$1,850,000
Sep 11, 2025
Source: Key West AOR #616442
Listed For Sale
$1,850,000
Nov 20, 2024
Source: FLKMLS #609775
Sold
$1,675,000
Oct 8, 2024
Source: FLKMLS #609775
Contingent
$1,750,000
Jul 24, 2024
Source: FLKMLS #609775
PriceChange
$1,750,000
Price decreased by 5%

Market trends in Key West

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$1.14M
$143K
MoM
Sale-to-List Price
โ€”
Price per sq ft
$865
$67
MoM
Available listings
255
17
MoM

Neighborhood Overview

Neighborhood stats provided by third party data sources.

What Locals Say about Old Town

At least 1 Trulia users voted on each feature.
  • 100 % Say it's dog friendly

  • 100 % Say people would walk alone at night

  • 100 % Say there are sidewalks

  • 100 % Say streets are well-lit

  • 100 % Say neighbors are friendly

  • 100 % Say it's quiet

  • 100 % Say it's walkable to grocery stores

  • 100 % Say it's walkable to restaurants

  • 100 % Say parking is easy

  • 100 % Say car is needed

  • 67 % Say there's holiday spirit

  • 60 % Say they plan to stay for at least 5 years

  • 50 % Say there are community events

  • 50 % Say kids play outside

Sourced by Trulia users. Learn more about our methodology.
  • David Atkinson
    "I so look forward to getting to Key West. I volunteer at the Tropic and love it. It feels like home."
  • Trulia User
    "Dogs are welcomed at 90% of the restaurants. Everyone will remember your dogs name but not yours! I love living here with my dog Jack."
  • Trulia User
    "Key West is a huge dog community. They even are allowed in some restaurants . When I walk my dog on the main tourist street (Duval St) I get stopped many times from people wanting to pet my dog. A group of dog owners meet up at the park in the morning every day."
  • Sgarvin3281
    " Bikes are all you need small island. Safe and secure. No commute I do t work here it is a vacation community."
  • Trulia User
    "Everywhere dogs are welcome here in key west, Florida. Come joining us here in key west. Most food and service places, boats, and entertainment venues are good with dogs."
  • Trulia User
    "Feels very safe, super clean, super walkable in old town, and Catholic school looks very vibrant. "
  • Trulia User
    "Great people, great neighborhood, great police, family friendly events. Lots of things to do within a decent drive. Very family friendly generally "
  • Key W. B. F.
    "Gatherings on the local Mangia Mangia bench at 900 Southard street, safe & friendly town. Feel connected & welcomed in Key West. Enjoy the peaceful neighborhood & the tropical weather! You can walk or bike to everything you need & want!"
  • Kfowler
    "I am not currently aware of any neighborhood events that would bring the neighbors closer. However, both my husband and I would be open to any such event that would do so and would improve the neighborhood. The area is beautiful and well maintained, with a few exceptions. "
  • Hannah B.
    "Vintage Cottage houses, small island feel, Duval Street in a few minutes with hundreds of worldly trendy restaurants "
  • Drlynmar
    "Neighborhood newsletter. Proximity to OldTown events, festivals and parades. Walk to everything. Parks, beaches, dog park. Grocery and restaurant delivery. "
  • Venomousink1970
    "the neighborhood is great I myself do not like living in Key West anymore and looking to relocate and Asheville North Carolina or the surrounding areas people are very friendly here except for the homeless vagrants that beg for money and yell at you when you don't give them any"
  • Lorettamdt
    "Old Town is historic. Our neighbors are friendly. We walk everywhere. No need for a car. Restaurants are within walking distance. Beaches are a bicycle ride away. "
  • mangiamangia
    "Lived in this neighborhood for 25 years. Walk and anywhere. Far enough of Duval to escape the noise and drunks."
  • Sajsk
    "vacationed in that area -- charming and great location and amenities, yet quiet."
  • Rjones
    "This is a great street and great neighborhood. Qiet, yet close enough to Duval and White streets to enjoy all Key West has to offer. "

LGBTQ Local Legal Protections

MLS Internet Data Exchange (IDX) information is provided exclusively for consumersโ€™ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Florida Keys MLS.

Frequently asked questions about 718 Bakers Ln

  • What is 718 Bakers Ln estimated to be worth?
    Trulia's estimated value for 718 Bakers Ln in Key West, FL is $1,742,200.
  • What is the price history for 718 Bakers Ln?
    718 Bakers Ln in Key West, FL last sold for $1,675,000 in November 2024.
  • Is Key West a buyer's or seller's market?
    Key West is currently a buyer's market, based on recent for-sale activity.
  • What's the median sale price in Key West?
    The median sale price in Key West is $1.14M. That is down $143K from the prior month.
  • Does 718 Bakers Ln have air conditioning?
    Yes, 718 Bakers Ln in Key West, FL has air conditioning.
  • Does 718 Bakers Ln have laundry facilities?
    Yes, 718 Bakers Ln in Key West, FL has in-unit laundry.

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