With the current love affair with all things gray, white and greige, I had forgotten the warmth of gleaming mahogany. While considered dated by the moment's modern, minimalist design standards, wood is a rich marker of this home. Built by Mel Miller, a Mennonite carpenter, the 5,000-square-foot home is filled with arched windows and glass doors. The ceramic Spanish tile, detailed molding work and oak wood floors have the same warm, Old World effect—which I'm betting new homeowners will immediately replace with current cooler trends of hard surfaces and white color schemes.

But the location on north Longboat Key is unbeatable, and offers celebrity name-dropping opportunity. Just a few doors down, clothing designer Michael Kors bought a two-acre, double lot in 2013 for $6 million and built a sleek, modern home that looks like a hip, tropical resort. It was featured in Vogue and other high-profile publications.

This $10.88 million home has the same private beach access, plus Gulf of Mexico views. On almost an acre, it has an elevator and circular staircase that lead to a guest wing on the third floor that has two bedrooms and a sitting area overlooking the main living room. There are five en-suite bedrooms in all and an en-suite, two-story library and office. The home also offers 6,000 square feet of outdoor covered spaces that include a heated pool and spa. The lower level can store up to seven cars and is a large flex room that can be used as a game room or home gym.

The previous owner of the Mediterranean-style home, Ronald Thomas George Platt, was ​​a resident of Longboat Key for 30 years and passed away in June at age 94. His five children aren't local and have chosen to sell. Platt bought the site, where an old cottage once stood, in 1989, for $400,000 and built his home from the ground up.

The home at 6122 Gulf of Mexico Drive hit the market roughly three weeks ago; if you're interested, head to an open house being held between 11:30 a.m. and 4:30 p.m. this Sunday, Nov. 28.

So far, those who have toured it "like the size, the view and the privacy most," says Judy Kepecz-Hays, the Coldwell Banker Realty agent representing the seller. "The Gulf of Mexico is your backyard, after all."

For more info, call Judy Kepecz-Hays at (941) 587-1700.

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