944 31ST TERRACE NE, St. Petersburg, FL, 33704 | $4,247,500

Under Construction. Imagine passing the lush greens of the historic Vinoy Golf Club and arriving at your private residential retreat, quietly tucked within the most coveted enclave of Snell Isle! Set on a rare and expansive 0. 35-acre lot, this exceptional new construction estate successfully combines seclusion, sophistication, and downtown proximity. Crafted for those who expect nothing less than excellence, this architecturally stunning home boasts 5 spacious bedrooms (each with its own ensuite bathroom and custom closet system), 6 baths, a dedicated executive study, and a dynamic game room designed with 12-foot ceilings (ideal flex space for a golf simulator or private theater!). A circular drive framed by upgraded pavers and professional landscaping, including front planters and salt-and-pepper granite rock beds, sets the tone for the home's refined elegance. The concrete tile roof, hurricane-rated casement windows, and McNear "Greenwich" brick exterior accent provide both visual appeal and structural integrity. The modern, stately facade invites you inside to a grand custom entryway with 22-foot ceilings, a dramatic floating glass skybridge, and back-lit mini-tray ceiling details. A custom fluted tile bench anchors the foyer, offering a functional and artistic welcome. Interiors have been masterfully designed in collaboration with a nationally recognized designer in the Hamptons, delivering a bespoke and elevated finish throughout. The open-concept living area features 12-foot ceilings, interior glass railings, modern crown molding, and Level 4 drywall finishes. At the heart of the home, a stunning kitchen showcases a custom waterfall-edge island with seating, quartz countertops, and a designer range hood. The Wolf/Sub-Zero appliance suite includes a built-in coffee maker, wall-mounted double oven, and natural gas cooktop, all framed by floor-to-ceiling custom cabinetry. The adjacent butler’s pantry includes a full-size refrigerator, additional sink, and wine fridge—perfect for hosting guests! Nearby, a show-stopping custom wine display cabinet with designer lighting serves as a centerpiece in the formal dining space. The great room’s floor-to-ceiling fireplace with custom surround and large-format porcelain tile is flanked by built-in cabinetry, while sliding glass doors open seamlessly to a covered lanai with a tongue-and-groove wood ceiling, upgraded Lynx outdoor kitchen, and decorative awnings for added shade and style. The heated saltwater pool—complete with lighting package and Mini Pebbles Aqua Cool finish—is complimented by lush green space and a generous side yard, ideal for privacy, pets, play space for kids, or even a private putting green. Glass exterior railings enhance the view while maintaining a clean modern aesthetic. The grandeur of the home’s custom architecture deserves this spacious handpicked lot to give you that same feeling outside. The master suite offers supreme privacy with its own sitting room featuring a tile-accented fireplace, balcony with tranquil water views, and a resort-inspired ensuite bath with dual rain-head showers and floating cabinetry. For the discerning buyer seeking true custom construction and finishes that speak to design, lifestyle, and long-term value, this estate delivers! Reach out to access full floor plans and exclusive video content highlighting nearby fine dining, waterfront destinations, arts, and outdoor lifestyle offerings. Schedule your private showing today!

Features

  • Rooms: 14
  • Bedrooms: 5
  • Baths: 6 full
  • Laundry: Laundry Room
  • Year Built: 2025
  • Garage: 3-car Circular Driveway, Driveway, Electric Vehicle Charging Station(s), Golf Cart Garage, Golf Cart Parking, Off Street, Split Garage
  • Heating: Central
  • Cooling: Central Air
  • Approx Sq. Feet: 5,483
  • Acreage: 0.35
  • Est. Taxes: $16,468
  • Lot Desc: Oversized Lot
  • View: Water
  • Elem. School: North Shore Elementary-PN
  • Middle School: John Hopkins Middle-PN
  • High School: St. Petersburg High-PN
  • Pool: Heated, In Ground, Tile
  • Appliances: Built-In Oven, Convection Oven, Dishwasher, Microwave, Range Hood, Refrigerator
  • MLS#: TB8388959
  • Days on Market: 1 day
  • Website: https://www.raveis.com
    /eprop/TB8388959/94431stterracene_stpetersburg_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 5/23/2025 3:08:43 AM)
Listing courtesy of CHARLES RUTENBERG REALTY INC   Phone: 727-538-9200

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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944 31ST TERRACE NE, St. Petersburg, FL, 33704

$4,247,500

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $3,398,000 $3,398,000 $3,398,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.375% 6.750% 6.500%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.949% 6.865% 6.706%
Monthly Tax Payment $1,372 $1,372 $1,372
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $21,199 $22,039 $29,600
Total Monthly Payment $22,696 $23,536 $31,097

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.