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MANASOTA KEY WATERFRONT ESTATE SELLS FOR $2.85 MILLION

HOME WAS THE FLORIDA RESIDENCE OF THE LATE POP SINGER AND DISCO DIVA, DONNA SUMMER

A waterfront residence on Manasota Key that sold last Friday for $2.85 million was the Florida home of the late pop singer and song writer, Donna Summer. Ms. Summer died in Naples Florida last May.

Originally listed for $3.2 million, the home was only on the market for 71 days before being placed under contract in February.

Summer, who rose to music prominence during the disco era of the late 1970’s, was the first recording artist to have three consecutive double albums reach number one on the United States Billboard chart. Additionally, she charted four number-one singles in the United States within a 13-month period.

Ms. Summer will be posthumously inducted into the Rock & Roll Hall of Fame at a sold-out ceremony to be held in Los Angeles on Thursday, April 18th.

The waterfront estate, which is located in a private, gated enclave at 802 North Manasota Beach Road, was sold to clients represented by Maryann Casey, an agent with the Englewood office of Michael Saunders & Company. It was listed by Nelda Thompson & Associates.

“The buyers, who live in Atlanta, were unaware that this was the home of Donna Summer,” says Ms. Casey. “While waiting in Atlanta for a flight to Sarasota they noticed the home on the Michael Saunders web site (michaelsaunders.com) and added it to their schedule of properties to tour. This was the couple’s first visit to Manasota Key and they immediately fell in love with both the home and the key; and bought the property in less than 24 hours. It was truly a case of love at first sight.”

Ms. Summer, who purchased the home in September 2007, also fell in love with the property at first sight. Built in 1950, the home—which has four bedrooms and baths—has undergone numerous updates, but still manages to maintain its charming Old Florida ambiance. It includes open beam ceilings, a large covered veranda extending across the east side of the home, an open patio overlooking a pool and secret garden on the south side; and a sunning porch on the west side facing the Gulf of Mexico. A boat house and dock are also located on the east side of the property.