Uniquely positioned on 1.8 Acres Villa Terra Mar Estate immediately welcomes you with a romantic Mediterranean design. This peaceful compound features a stately 1925 historic home with 3 spacious bedrooms and 3.5 baths. Enjoy the architectural bliss as you walk through the mature tropical foliage and past the gorgeous banyan trees, koi pond, paver walkways, and enter into the meditation labyrinth. The main house is separated from the cozy guesthouse by a large heated pool lined with royal palms trees giving it a Palm Beach vibe. The guest house includes a bedroom, living area & bath and features wood slat ceiling, heart of pine flooring, and a fireplace. Your guests have access to a private patio to dine outdoors and full access to the pool. The pool has recently been resurfaced and features a beautiful raised spa. The main house features original Saltillo terra cotta tile and hardwood flooring, wood-beamed vaulted ceilings & two fireplaces. The family room is spacious and boasts multiple sets of sliding and French doors on both sides of the room that lead out to the stunning outdoor space with multiple outdoor sitting areas to gaze at the lush old Florida landscaping. This historic home has kept the architectural integrity you would expect with crown molding, a marble fireplace in the formal living room, plantation shutters, and solid wood doors. The kitchen has a nice size island, solid wood cabinets, and a breakfast area ideal for sipping on your favorite tea or coffee while staring at the breathtaking views. The property has been well maintained and with 3 newer AC units and has been re-plumbed. The detached oversized garage features an 11x20 studio room plus a full bath. The vacant 1-acre lot on Dona Bay with 156 foot of frontage is available for sale as well. The vacant lot is bordered by a Sarasota County preserve on each side. Should a developer purchase for future land use the entire property allows for up to 15 units and is zoned multifamily. This estate is ideally located within close proximity to Venice Island shopping, and restaurants & beaches. If you are looking for privacy and complete tranquillity, you have found your new Florida retreat. There is nothing like this property on the West Coast of Florida!