5311 NW 98TH TERRACE GAINESVILLE FL 32653 MLS #GC529168

5311 NW 98TH TERRACE
GAINESVILLE, FL, 32653
$850,000
3 Beds
2.5 Baths
3,330 SqFt
1.93 Acres
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A rare opportunity to own an architectural masterpiece: Frank Lloyd Wright-inspired design with the sleek sophistication of Manhattan open concept loft living. Designed by architect Tom Tonnelier in 1991, this 4-story, waterfront residence is set on nearly two acres of serene, wooded privacy in Gainesville’s prestigious ‘The Hammock’ neighborhood. This stunning four-level home features multiple flex spaces—including the option to convert the 1st level into a self-contained in-law suite—a swimming pool, a 360 degree observatory, two-car garage, multiple decks and balconies, and floor-to-ceiling windows that fill the interior with natural light and showcase soaring 20-foot ceilings. A custom-built sculptural spiral staircase anchors all 4-story levels, while the outdoor elevator (installed in 2024) offers access between the 1st and 2nd floors. A multi-level screened deck overlooks the 40-foot heated lap pool, creating a seamless indoor-outdoor retreat perfect for both everyday living and effortless entertaining. Upgraded in 2021, every detail has been curated for comfort and style. Located in a FEMA-designated Flood Zone X, this unique, one-of-a-kind home offers both peace of mind and enduring design. Turnkey opportunity: offered furnished in harmony with the home’s design. A once-in-a-lifetime opportunity for you, not to be missed.

Property Details

Price:
$850,000
MLS #:
GC529168
Status:
Active
Beds:
3
Baths:
2.5
Address:
5311 NW 98TH TERRACE
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
HAMMOCK THE
Neighborhood:
32653 – Gainesville
City:
GAINESVILLE
Listed Date:
Mar 26, 2025
State:
FL
Finished Sq Ft:
3,330
Total Sq Ft:
3,330
ZIP:
32653
Lot Size:
84,071 sqft / 1.93 acres (approx)
Year Built:
1993
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Schools

Elementary School:
William S. Talbot Elem School-AL
Middle School:
Fort Clarke Middle School-AL
High School:
Gainesville High School-AL

Interior

Appliances
Cooktop, Dishwasher, Dryer, Range Hood, Refrigerator, Tankless Water Heater, Washer
Bathrooms
2 Full Bathrooms, 1 Half Bathroom
Cooling
Central Air
Flooring
Luxury Vinyl, Porcelain Tile, Hardwood
Heating
Central, Heat Pump
Laundry Features
Inside

Exterior

Architectural Style
Mid- Century Modern
Construction Materials
Wood Siding
Exterior Features
Balcony, Sliding Doors
Parking Features
Circular Driveway, Driveway, Garage Faces Side, Ground Level, Oversized
Roof
Other

Financial

HOA Fee
$650
HOA Frequency
Annually
HOA Name
David Cohen
Tax Year
2024
Taxes
$5,164

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Community

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5311 NW 98TH TERRACE
GAINESVILLE, FL