Love the water? Enjoy an amazing day by your stunningly beautiful saltwater pool, or use the neighborhood ramp & dock to launch a boat, kayak, jet ski, or paddle board! Life on the water is yours for the taking when you buy this spacious home in beautiful Southpointe Shores! If you've dreamed of a home with water access, a great location, a great price and no deed restrictions this is a rare opportunity to buy this home today in Sarasota! 7642 Cove Terrace is located in Southpointe Shores, a West of the Trail, non-deed restricted, waterfront community. The community offers neighbors an option to use a community dock and boat ramp with access to a deep water canal on the Intracoastal Waterway. The voluntary HOA fees are only $150 per year, or One Time $25 fee, for boat ramp access. The 2,383 sf, 4 bedroom, 3 full bath home is centered around a massive lanai and one of the most eye catching and relaxing, lagoon shaped pool and spas in the area. The four bedrooms include two large ensuite masters with walk-in closets on a split floor plan, and two large guest rooms that share a full bath. There are views of the lanai, pool and the mature landscape from nearly every room in the home. The lot itself is approximately 1/3 acre (0.34 acres) so you'll have plenty of room to play, grill, and garden. Because of the large lot, functional layout of the home, and no deed restrictions, you can even park a boat or an RV alongside the exterior of the garage. The garage is oversized measuring approximately 19' x 27'. The saltwater pool has an electric heater and the spa has a propane gas heater. Additional features of the home that you'll want to take note of are the glass double doorway entrance, French laid, chipped edge marble flooring, bi-level pavers in the lanai, storage space throughout the house with extra storage in the deep garage, triple pocket sliding door at the lanai, a large fenced yard, mature Florida landscaping (that includes beautiful oak trees, a grilling area, and a firepit). The existing roof was completed in November 2015. Some appliances were recently updated. The pool pump was updated in 2019. The HVAC was updated in 2020. There is nothing like this on the current market in Sarasota that has so many possibilities, and that offers everything you love about Florida living. Tour this home online, in person and check out how close the boat ramp is, then look for the proximity to Siesta Key, the beaches, the unique restaurants, shops and boutiques along Tamiami Trail and the surrounding areas like Gulf Gate estates. The schools for this neighborhood are A rated too! You're going to love this house!