Make us your home page
Instagram

Landmark St. Pete home hits market for $18 million

ST. PETERSBURG — The historic Snell-Bishop house, a St. Petersburg landmark since the 1920s and one of the city's most distinctive properties, is again on the market.

The listing price: $18 million.

The three-story, seven-bedroom, 91/2-bath single-family residence sits on more than 1.6 acres. At nearly 10,000 square feet, it has panoramic views of Tampa Bay.

It was the fifth of six houses built by legendary developer Perry Snell, who reportedly filled two railway cars with Italian marble antiquities to be used in its construction. Some of the original features remain in the house.

Wally and Louise Bishop purchased the estate in 1939. Wally Bishop, a pilot, sailor and artist, was well known for Mugs and Skeeter, his syndicated newspaper cartoon. He and Mrs. Bishop were generous community donors, especially to the Museum of Fine Arts. Wally Bishop died in 1982; Louise Bishop died in 2005.

The property went on the market shortly thereafter and sold for $5.1 million in February 2006. The owner is listed as the 375 Brightwaters Trust.

For two years, the site was the talk of the neighborhood, as painstaking renovations progressed. At the time of the purchase, the house had neither central air conditioning nor heat.

Workers replaced the seawall and installed balustrades along the waterfront. They added a heated lap pool, a gourmet kitchen and windows and doors built to withstand hurricane-force winds. They incorporated security and sound systems.

Alona Dishy, who sold the property to the current ownership, listed the house Friday.

What might a buyer look like?

"It's usually somebody who probably has a couple of properties," she said. "It could be local, but on the other hand, it could be an international buyer. You're not talking about an average market. This is an extraordinary home and property. It's not an average house or even an average high-end house. It will withstand any market anywhere in the world. If you look at it in terms of per-square-foot cost, it could not be replicated."

How does it compare against other local luxury properties?

Retired NBA player Matt Geiger listed his 28,000-square-foot house near Tarpon Springs at $19.9 million. Terry Bollea, known as professional wrestler Hulk Hogan, wanted $17 million for his 17,000-square-foot French country estate in Belleair. New York Yankees shortstop Derek Jeter reportedly paid $7.7 million for three lots on Tampa's Davis Islands — and that's for the property alone.

Times researcher Caryn Baird and Times staff writer Matt Waite contributed to this story.

FAST FACTS

Snell-Bishop house

>> Built: 1920s

>> Renovated: 2006-2008

>> Previous owners: 3

>> Bedrooms: 7

>> Bathrooms: 91/2

>> Square footage: 9,652

>> Listing price: $18 million

Landmark St. Pete home hits market for $18 million 11/23/09 [Last modified: Monday, November 23, 2009 11:38pm]
Photo reprints | Article reprints

© 2017 Tampa Bay Times

    

Join the discussion: Click to view comments, add yours

Loading...
  1. As Dow hits new high, Raymond James Financial reports record financial gains

    Banking

    On the same day that the Dow closed at new highs, investment firm Raymond James Financial reported record revenues and earnings for its fiscal third quarter that ended June 30.

    Raymond James Financial CEO Paul Reilly unveiled record quarterly revenues and earnings for the St. Petersburg-based investment firm. [Courtesy of Raymond James Financial]
  2. Florida GDP growth in first quarter 2017 ranks 21st among states, still outpacing U.S.

    Economic Development

    Florida's gross domestic product or GDP rose 1.4 percent in the first quarter, slightly faster than the nation's growth of 1.2 percent and placing Florida 21st among the states for growth rates, according to the U.S. Bureau of Economic Analysis.

    Not too hot. Not too cold.

    These Jackson Square Townhomes began hitting the west Hillsborough County market late last year and continued to be sold into the first quarter of 2017. The real estate sector was the biggest driver of Florida's gross domestic product, which rose 1.4 percent in the first quartrer of 2017.  [JAMES BORCHUCK   |   Times]
  3. A new app will help you find your favorite Tampa Bay food trucks

    Food & Dining

    What's new: Food tech

    Local food businesses are embracing new technologies and partnerships to bring us extra deliciousness.

    Michael Blasco of Tampa Bay Food Trucks says that everyone always asked about an app to help find their favorite food trucks. There is, available for iPhones and Droids.
  4. Another Pinellas foreclosure auction fools bidders, raises questions

    Real Estate

    For the second time in six weeks, a company connected to lawyer Roy C. Skelton stood poised to profit from a Pinellas County foreclosure auction that confused even experienced real estate investors.

    A Palm Harbor company bid  $112,300 for  this Largo townhome at a foreclosure auction July 21 not realizing the auction involved a second mortgage, connected to lawyer and  real estate investor Roy Skelton -- and that the bank could still foreclose on the  first mortgage.
[SUSAN TAYLOR MARTIN   |   Times]
  5. Clearwater-based USAmeriBank acquired by New Jersey bank in $816 million deal

    Banking

    CLEARWATER — USAmeriBancorp, Inc., based in Clearwater, is being acquired by New Jersey's Valley National Bancorp in an $816 million deal, it was announced today.

    Joe Chillura, CEO of USAmeribank, shown inside a branch in Ybor City in this file photo.
[KATHLEEN FLYNN l Times]