Under contract-accepting backup offers. Offered for the first time in over 35 years, 5000 Lemon Bay Drive is a rare waterfront property set on nearly 1.6 acres along the tranquil shores of Lemon Bay. Privately tucked beneath a canopy of mature oaks and lush native landscaping, the property evokes the feeling of a secluded coastal retreat. The home sits elevated among the trees, creating a true Old Florida atmosphere. Thoughtfully designed and lovingly maintained by the original owner, the home embraces its natural surroundings with expansive windows and outdoor living spaces that frame the beauty of the land and water beyond. The main living level features the kitchen, living room, and all bedrooms, creating an easy, functional layout centered around a large screened porch, perfect for taking in the bay breezes and year-round sunsets. The “Crow’s Nest” sits as the third level, offering a unique vantage point with its own balcony overlooking the lush grounds, winding waterways, the white sands of Manasota Key, and the crystal blue waters of the Gulf beyond. With nearly 1.6 acres of waterfront land, the property offers exceptional privacy and a sense of quiet that is increasingly rare along the coast. Surrounded by nature and mature landscape, it feels worlds away while remaining conveniently close to everything that makes Venice so desirable. Just minutes away are the shops and dining of Venice Avenue, along with the nearby ferry providing easy access to the beaches of Manasota Key. A property defined by space, character, and setting: 5000 Lemon Bay Drive represents a unique opportunity to own a piece of the Old Florida waterfront lifestyle.