Iconic 1959 Blue Water Lagoon Estate in Florida with 5,200 sqft, True Lies Fame, Breathtaking Views & Rare 6-Boat Basin

Lisa Swanson of The Agency Florida Keys
Experience the pinnacle of oceanfront luxury and future-ready living in Blue Water Lagoon Estate, where privacy, adventure, and resort-style amenities await.
Lisa Swanson of The Agency Florida Keys

Blue Water Lagoon Estate, located in exclusive Sugarloaf Key, FL, epitomizes status and sophistication, having been featured in the film “True Lies.” This grand 2.33-acre gated oceanfront property delivers privacy and world-class amenities perfect for a success-driven, future-oriented individual, including a protected 6-boat basin, lagoon-style saltwater pool, and expansive outdoor entertaining zones. The 5,208 sq. ft. residence boasts a bright Great Room with panoramic ocean views, chef’s kitchen, luxurious primary suite, and modern technology like a Sonos sound system and property-wide Wi-Fi. Surrounded by lush landscaping and pristine beaches, this $9,950,000 estate is a rare opportunity for those seeking both an aspirational lifestyle and the ability to host and unwind in a truly iconic setting.

Waterfront Backyard Oasis

Lisa Swanson of The Agency Florida Keys

This stunning waterfront backyard features a private dock with boat slips, perfect for family boating adventures and easy access to the water. The spacious lawn is bordered with neat stonework and gently lined with palm trees, creating a tropical and inviting atmosphere. Subtle landscape lighting provides a warm, safe environment ideal for evening gatherings and outdoor play. A thatched-roof tiki hut offers shaded seating for family meals or socializing by the water. The space blends natural beauty with modern conveniences, bathed in golden hues from a breathtaking sunset, making it a picturesque retreat for entertaining and relaxation.

Open Concept Living Area

Lisa Swanson of The Agency Florida Keys

A spacious, open concept living area flows seamlessly, combining a cozy lounge, family dining, and a stylish kitchen. Bamboo flooring and light walls create a bright, welcoming atmosphere, complemented by soft grey seating and natural wood accents. Large windows offer ample natural light and views of lush palm trees outside, making the space feel connected to nature. The room is furnished for family gatherings, with a plush sectional, striped armchairs, and a large coffee table perfect for games or conversation. Touches of coastal décor and leafy plants enhance the tranquil vibe, while ceiling fans and recessed lighting add comfort and warmth.

Kitchen and Breakfast Bar

Lisa Swanson of The Agency Florida Keys

Bright and spacious, this open-concept kitchen welcomes families to gather around a large L-shaped breakfast bar, perfect for quick meals and conversations. Crisp white cabinetry with detailed paneling pairs elegantly with creamy countertops, reflecting the ample recessed lighting above. The beautiful mosaic tile backsplash brings subtle color and personality, evoking a coastal or tropical theme. Stainless steel appliances lend a modern touch. The hardwood flooring adds warmth, seamlessly connecting the kitchen to the living area and creating a natural flow for entertaining. Comfortable bar stools and a clear view to the outdoors make this kitchen inviting and practical for everyday living.

Kitchen Island & Backsplash

Lisa Swanson of The Agency Florida Keys

This spacious kitchen features a large center island with dual sinks, perfect for food prep or gathering the family for casual meals. The cabinetry is classic white with beadboard details, offering a bright and inviting atmosphere. Granite countertops complement the soft tones, while stainless steel appliances add a modern touch. A vibrant, ocean-inspired backsplash runs the length of the countertops, infusing color and character into the space. Recessed lighting ensures the area is well-lit and functional for all ages. With plenty of storage and an open layout, this kitchen is as practical as it is visually appealing, ideal for family cooking and entertaining.

Outdoor Tiki Bar

Lisa Swanson of The Agency Florida Keys

This inviting outdoor tiki bar sits beneath a spacious palapa roof crafted from natural thatch and timber beams, exuding a relaxed tropical charm ideal for gatherings. The bar’s structure features bamboo paneling and glossy tiled countertops, adding brightness to the space. Comfortable swivel bar stools provide ample seating for family and friends, making it a perfect spot for socializing or enjoying refreshments by the water. Nautical details, like the ship’s wheel and hanging flags, enhance the coastal vibe, while ceiling fans offer a gentle breeze. Open to scenic views, the layout encourages both conversation and leisurely waterfront enjoyment.

Outdoor Tiki Bar

Lisa Swanson of The Agency Florida Keys

An inviting outdoor tiki bar sits beneath a thatched palapa roof, creating a welcoming retreat perfect for entertaining family and friends. The circular bar, trimmed with bamboo and surrounded by plush white swivel stools, provides ample seating for gatherings of all ages. Nautical accents, such as decorative flags, a hanging kayak, and exposed wooden beams, evoke a coastal, laid-back vibe. Soft ambient lighting adds warmth, highlighting the natural wood textures and playful beach-themed décor. The open layout ensures clear sightlines for parents, while the proximity to the yard allows for comfortable family mingling and easy supervision of children at play.

Private Dock Area

Lisa Swanson of The Agency Florida Keys

A spacious private dock stretches out over serene waterfront, bordered by lush tropical foliage and gently swaying palm trees, creating a tranquil oasis perfect for family gatherings. The dock features sturdy wooden planks and an integrated boat lift, making water access a breeze for boating or fishing adventures. The sandy shoreline across the canal offers a spacious, open sitting area for relaxation and play, ideal for both adults and children. Soft blues and rich greens dominate the color palette, contrasting beautifully with the warm, sunlit wood, while the open sky above completes this inviting and functional outdoor extension of home life.

Covered Porch Retreat

Lisa Swanson of The Agency Florida Keys

A spacious covered porch lined with sturdy columns and elegant white balustrades invites you to relax in comfort while overlooking lush tropical greenery. The neutral-toned tile flooring extends the length of the porch, making it a welcoming walkway or a tranquil gathering spot. Cozy, modern wicker chairs and a matching table create a perfect nook for morning coffee or family conversation, sheltered from the sun and rain. Recessed ceiling lights offer gentle illumination for evening relaxation. Large windows along the wall fill the space with natural light and provide a seamless connection to the home’s interior, ensuring safe supervision of children at play.

Front Porch Entryway

Lisa Swanson of The Agency Florida Keys

A welcoming front porch showcases a spacious tiled corridor perfect for relaxing or greeting guests. The elegant wooden double doors with textured glass panels create a striking focal point, while the neutral beige walls complement the earthy gray tile flooring. Classic white balustrades and thick columns line the porch, ensuring safety for children and adding traditional charm. A cozy seating area with rounded wicker chairs invites family members to unwind amid the view of lush greenery. Recessed lighting in the ceiling enhances safety and usability at night, making this space equally suitable for both everyday relaxation and family gatherings.

Living Room Details

Lisa Swanson of The Agency Florida Keys

Spacious and welcoming, this living room features an inviting open layout that creates a sense of connectivity to the rest of the home, making it ideal for families. Light walls and natural wood floors set a bright and airy backdrop, while large windows offer lush garden views and plenty of daylight. The furnishings, including a plush sectional sofa, striped armchair, and elegant wooden coffee table, combine comfort with style. Subtle coastal décor, decorative sculptures, and framed art add personality. Modern touches like a large flat-screen TV and ceiling fans blend seamlessly with traditional wooden elements for a cozy, contemporary charm perfect for relaxed gatherings.

Dining Nook with View

Lisa Swanson of The Agency Florida Keys

Bright, inviting dining nook enjoys natural light from large picture windows and a glass door that opens to a tropical balcony. The octagonal wooden table is surrounded by four stylish woven-back chairs, ideal for family meals or board games. Warm honey-toned hardwood floors and crisp white walls provide a fresh, airy aesthetic. A tasteful tropical plant adds a pop of greenery, while wall art and a decorative mirror create visual interest. The space is practical and comfortable, perfect for casual gatherings or kids’ activities, and offers seamless flow to outdoor living, promoting a relaxed, family-friendly atmosphere.

Kitchen Corner Details

Lisa Swanson of The Agency Florida Keys

Bright and cheerful, this kitchen features a classic U-shaped layout with light-toned granite countertops, beadboard cabinetry, and stainless steel appliances that blend functionality with timeless appeal. The playful coastal-themed backsplash, adorned with painted sea stars and shells, adds a whimsical and family-friendly touch, sparking creativity and conversation. Soft recessed lighting overhead provides an even, inviting glow, while the spacious double-door refrigerator and large oven ensure practicality for busy families and avid home cooks. A cozy inset sink in the foreground offers ample workspace, and warm wood flooring ties the look together, enhancing the comfortable, welcoming ambiance.

Dining Room with Garden View

Lisa Swanson of The Agency Florida Keys

Bright, welcoming dining space features a glass-top table surrounded by eight woven rattan chairs, creating a relaxed yet sophisticated setting perfect for family gatherings. The room exudes warmth through its light wood flooring and crisp white walls, which complement the natural textures of the furniture. Large windows allow abundant sunlight and offer picturesque views of lush greenery and palm trees, making each meal feel connected to nature. A decorative chandelier adds classic charm, while a framed art print and a tall potted plant bring thoughtful touches to the space. This layout invites comfort, conversation, and togetherness for all ages.

Bathroom Vanity Area

Lisa Swanson of The Agency Florida Keys

A spacious bathroom vanity area featuring a long granite countertop seamlessly accommodates two sinks, making morning routines convenient for families. The cabinetry is light wood with modern hardware, offering ample storage for toiletries and supplies. Above, unique pineapple-shaped light fixtures add a whimsical and inviting touch, while a wide mirror enhances the sense of space and brightness. Soft neutral walls keep the atmosphere fresh, and framed art brings a cheerful, homely vibe. The toilet is tucked discreetly in the corner, and the quietly elegant flooring ties the room together for a clean, functional, and welcoming family-friendly retreat.

Spacious Bedroom Retreat

Lisa Swanson of The Agency Florida Keys

A bright and airy bedroom seamlessly combines rest and relaxation with a welcoming sitting area. Warm wood flooring provides a natural foundation, complemented by rattan-style furniture and a cheerful tropical-themed bedspread. The sitting area features plush armchairs, a loveseat, and a matching coffee table, making it ideal for family gatherings or quiet reading. Large windows fill the room with light, while crisp white walls and modern recessed lighting create a fresh, open feel. Decorative details like a standing mirror, elegant ceiling fan, and leafy accents add warmth and sophistication, offering a serene oasis perfect for families.

Living Room Details

Lisa Swanson of The Agency Florida Keys

Spacious and inviting, the living room features a warm bamboo wood floor that complements the rattan furniture, including a large sofa with green cushions and patterned throw pillows, two cozy armchairs with matching ottomans, and a woven coffee table. Natural light pours in through wide windows, offering a view of lush greenery outside, while recessed ceiling lights and a modern wooden ceiling fan add a touch of contemporary style. Family-friendly features include ample seating for gatherings and a mounted television for entertainment. Artistic accents such as a sculptural floor lamp, an ornate decorative panel, and a unique bird statue enrich the serene, coastal-inspired aesthetic.

Sitting Area and Staircase

Lisa Swanson of The Agency Florida Keys

A bright and airy sitting area combines relaxation and sophistication with a vintage-style green sofa that provides a cozy gathering spot for family conversations or reading time. Soft beige marble flooring and matching steps lead up to a luxurious built-in bathtub, reflecting a seamless open-plan layout that enhances connectivity between spaces. Large picture windows invite natural light and offer views of lush greenery, while a beautifully curved white staircase adds a modern sculptural element, inviting exploration to the upper level. Neutral wall tones and subtle decor make the space adaptable and inviting, perfect for both everyday living and entertaining guests.

Soaking Tub Retreat

Lisa Swanson of The Agency Florida Keys

This spa-like bathroom features a luxurious heart-shaped soaking tub set into a marble platform, with a large window offering tranquil views of tropical foliage and palm trees just outside. The neutral, light beige tiles and gentle natural light create a calming atmosphere perfect for relaxation. An etched glass mirror adorned with palm designs adds both privacy and a playful coastal vibe while reflecting the lush scenery outdoors. Spacious and inviting, the tub’s generous size makes it ideal for families or anyone seeking a retreat at home. The clean lines and cohesive color scheme tie together comfort and elegance seamlessly.

Sunroom Bedroom Retreat

Lisa Swanson of The Agency Florida Keys

A bright and airy bedroom located in an octagonal sunroom, featuring large picture windows all around that let in ample natural light and offer lush views of tropical palm trees. The vaulted ceiling with exposed wooden beams and a central ceiling fan adds architectural interest and warmth. Two twin beds adorned with vibrant blue and white tropical-patterned bedding create a refreshing, beachy ambiance perfect for families with children or guests. The neutral-toned walls and flooring enhance the clean and serene atmosphere, while the open railing provides visual connection to the rest of the home, making this a cozy yet open family space.

Master Bathroom Retreat

Lisa Swanson of The Agency Florida Keys

Spacious and bright, this master bathroom features an inviting layout with a large built-in soaking tub set beneath wide windows with white plantation shutters, offering a balance of natural light and privacy. The double-sink vanity shines with granite countertops and natural wood cabinetry, providing ample storage and durability for family use. A frameless glass-enclosed shower adds a modern touch, while the expansive mirror visually enlarges the room and enhances the airy ambiance. Warm neutral tile flooring complements the soft color palette, creating a serene retreat ideal for families seeking both function and style in their daily routines.

Tropical Master Bedroom

Lisa Swanson of The Agency Florida Keys

This master bedroom exudes a fresh, tropical ambiance with large windows that bathe the room in natural light and provide views of lush greenery outside, creating a tranquil retreat. Featuring a spacious bed with carved wood accents and vibrant botanical bedding, the space is designed for both comfort and style. The warm wood flooring and matching nightstands offer a cohesive, inviting look, while the sleek ceiling fan and recessed lighting keep the room bright and breezy. Family-friendly and spacious, the layout provides ample walking space and cozy corners, making it perfect for relaxing or spending time together.

Primary Bathroom Entry

Lisa Swanson of The Agency Florida Keys

Spacious and bright, the primary bathroom features a double-sink vanity with blue-speckled countertops and light maple cabinetry, offering both style and functional storage for families. Neutral tile flooring and half-tiled walls add warmth and subtle texture, while recessed lighting provides excellent visibility. The layout offers easy accessibility, gently flowing into the adjacent bedroom through a wide, open doorway. Family-friendly aspects include dual sinks, helping busy mornings run smoothly. The attached bedroom, visible through the doorway, exudes coastal charm with a sky-blue bedspread and inviting wood accents, creating a seamless and relaxing transition between spaces.

Coastal Bedroom Retreat

Lisa Swanson of The Agency Florida Keys

A relaxing bedroom featuring coastal-inspired décor with soothing blue and white tones, perfect for family comfort. The space showcases warm wood floors and a matching wooden bed frame, complemented by two elegant palm-shaped bedside lamps for a touch of tropical charm. Large double windows and a glass block accent wall invite natural light, enhancing the airy feel. The simple layout, with a cozy queen bed and ample walking space, offers flexibility for adding a crib or play area, making it child-friendly. Soft furnishings, including plush bedding and decorative pillows, add to the inviting, restful ambiance of this tranquil retreat.

Screened Porch Lounge

Lisa Swanson of The Agency Florida Keys

A spacious screened porch offers a welcoming retreat for relaxing or entertaining, featuring comfortable wicker furniture with bright blue cushions that encourage family gatherings. The area is accented with a colorful area rug, a unique driftwood-inspired coffee table, and a mix of natural and pastel hues that create a coastal vibe. Neutral tiled floors and tan stucco walls add durability and easy maintenance for families. Three large ceiling fans keep the air fresh, while the white paneled ceiling and columns provide classic architectural interest. Generous seating and safety railings make the space suitable for all ages, blending indoor comfort with outdoor charm.

Outdoor Kitchen Area

Lisa Swanson of The Agency Florida Keys

A welcoming outdoor kitchen with a contemporary yet rustic design, featuring a combination of sleek stainless steel appliances and stone accents. The functional layout includes a built-in grill, double ovens, a sink, and convenient drawers for easy access to grilling essentials. Robust stone cladding and smooth concrete countertops offer durability for family gatherings or entertaining. Neutral taupe walls and earthy textures complement natural light from the open window and doorway. Ample counter space encourages group cooking activities and socializing, making this a perfect spot for barbecues and memorable family meals in a relaxed, friendly setting.

Covered Patio Lounge

Lisa Swanson of The Agency Florida Keys

This spacious covered patio offers an inviting blend of comfort and relaxation perfect for family gatherings or entertaining friends. Neutral stone tiles flow seamlessly throughout the space, complementing warm beige walls and elegant white trim. The open layout allows for multiple seating areas, featuring rattan furniture with tropical-themed cushions and a large dining table for shared meals. Ceiling fans keep the area cool on warm days, while the expansive archways frame stunning garden and ocean views. Safe for children to play, and open yet sheltered, it’s ideal for enjoying sunny days or alfresco evenings in a tranquil, resort-like setting.

Covered Patio Retreat

Lisa Swanson of The Agency Florida Keys

This spacious covered patio is designed for both relaxation and entertaining, featuring a round dining table surrounded by wicker chairs with vibrant, tropical-patterned cushions. The open layout includes a cozy seating area with cushioned chairs and a small coffee table, ideal for family gatherings or quiet afternoons. Large arched openings frame lush green views, letting in plenty of natural light while providing shelter from the elements. Neutral-toned tile flooring and taupe walls pair seamlessly with white trim, while ceiling fans with leaf-shaped blades add an elegant, breezy touch, making the space comfortable for families to enjoy year-round.

Coastal Living Room

Lisa Swanson of The Agency Florida Keys

A spacious, inviting living room with a breezy coastal vibe, perfect for family gatherings. Soft beige and ivory hues dominate the space, complemented by a large turquoise area rug that adds a refreshing splash of color. The comfortable leather armchairs and plush sofa provide ample seating while subtle beach-themed decor, like mounted oars and a decorative anchor, create a sense of relaxation and playfulness. Wide French doors with plantation shutters offer plenty of natural light, fostering a cheerful, open feel. The entertainment center, featuring a mounted TV and rustic console table, enhances the room’s family-friendly appeal.

Cozy Bedroom Retreat

Lisa Swanson of The Agency Florida Keys

This inviting bedroom is thoughtfully designed for relaxation and family comfort, featuring a light and airy color scheme. The centerpiece is a plush bed adorned with crisp white bedding and eye-catching sea-themed accent pillows in turquoise and aqua hues, adding a refreshing pop of color. A simple black metal headboard adds a modern touch, while the mint green console table and wall-mounted flat-screen TV enhance convenience and entertainment. The room is illuminated with a soft ceiling fan light and a bedside lamp for calming ambiance, while white plantation shutters offer privacy and a touch of classic elegance. Tile flooring ensures durability and easy maintenance for busy families.

Breakfast Nook Retreat

Lisa Swanson of The Agency Florida Keys

A cozy breakfast nook bathed in natural light creates a perfect corner for family gatherings. The circular dining table is surrounded by four wicker-style chairs with cushioned seats, providing comfort and a welcoming touch. Neutral tones and a soft aqua blue area rug complement the sleek tiled floor, offering a fresh, airy ambiance. A set of double French doors with crisp white shutters opens to the outdoors, blending indoor and outdoor living. A large ceiling fan with leaf-shaped blades and a botanical-themed framed artwork complete the space, adding warmth, character, and family-friendly appeal for relaxed meals or casual conversations.

Bathroom Vanity Area

Lisa Swanson of The Agency Florida Keys

Spacious bathroom with a clean, modern aesthetic, featuring a long vanity with abundant wooden cabinetry and elegant green granite countertops ideal for family storage and organization. The large mirror enhances brightness, complemented by contemporary brushed-nickel light fixtures above. Soft beige porcelain tile flooring ensures easy cleaning and durability for active households. Clear glass block walls around the shower area provide both privacy and a unique architectural touch, adding an open, airy feel while allowing natural light to filter through. Soft neutral wall color creates a relaxing, welcoming atmosphere, making this bathroom both practical and visually pleasing for daily family routines.

Tropical Backyard Oasis

Lisa Swanson of The Agency Florida Keys

A lush backyard retreat with abundant palm trees, this space features a naturalistic pool bordered by organic stone formations. Rattan chairs and a matching table set create a cozy nook for outdoor dining or relaxation, perfectly suited for family gatherings or intimate conversations. The landscaping offers a sense of privacy while the soft, ambient lighting highlights the greenery and pool, making it inviting for both adults and children. The earthy color palette of tan stones and green foliage is accented with subtle gold lighting, blending harmoniously to evoke a tranquil, resort-like atmosphere ideal for unwinding and entertaining.

Poolside Oasis

Lisa Swanson of The Agency Florida Keys

A stunning backyard retreat featuring a resort-style swimming pool surrounded by lush tropical landscaping and mature palm trees for privacy and shade. The curving pool includes a naturalistic rock waterfall, creating a tranquil ambiance and a playful spot for children to explore. A spacious thatched-roof tiki hut offers a shaded family gathering space, ideal for outdoor dining and lounging. The sandy-toned patio complements the soft blue of the pool water, while stone accents and vibrant greenery add visual interest. Well-designed walkways and adjacent dock access make this an inviting, family-friendly outdoor space perfect for entertaining and relaxation.

Listing Agent: Lisa Swanson of The Agency Florida Keys via Zillow 

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