Listing Details for MLS #A4593145
265 Cedar Park Circle, Sarasota, Fl

Residential Property - Single Family Residence in Sarasota

SOLD for $7,700,000 on March 7, 2024

Listing Price: $7,900,000Sold Price: $7,700,000Sold Price/List Price: 97%
Sold Price/Original List Price: 90.59%Days on Market: 66

Description of Property

OVER HALF A MILLION DOLLAR PRICE REDUCTION!! A stunningly beautiful custom home in the very best of locations in coveted Cedar Park Circle on north Siesta Key. A short walk or bike ride to famed Siesta Beach and fun, eclectic Siesta Village, minutes by car or boat to mainland Sarasota and the Gulf of Mexico. This fabulous property affords awe inspiring views of Cocoanut Bayou and Robert's Bay. A rare find, this very private, fenced and gated property boasts over 220 waterfront feet on the bay and includes 150 feet of dockage complete with a new 20k pound lift, 2 jet ski lifts, plus a cut-in sea-walled dock to accommodate a 50' vessel. Two expansive levels with soaring ceilings provide both formal and casual living spaces. The front entrance to the home features an arbored patio, ideal for welcoming guests with cocktails and hors d'oeuvres. Enter the stone-faced home through an impressive wood and iron door into the foyer/sitting room overlooking the pool and bay. Just to the right is a massive great room with oversized stone gas-fireplace, french doors, beamed ceilings, chandeliers, and the expansive dining room with custom built-ins just beyond. Around the corner, enter your newly and exquisitely renovated den/kitchen/nook area with views to the Bay/bayou. All of the best finishes and fixtures make this area your perfect private retreat. The gourmet kitchen features white on white cabinets and quartz countertops, an 8 burner Wolfe gas cooktop, two SubZero refrigerator/freezers, and a built-in Miele coffee system. The custom built-ins in the den area subtly contain a myriad of conveniences including second dishwasher and refrigerator. This home is a dream for entertaining. Virtually every room has an outdoor balcony. The expansive back terrace with newly tiled travertine features a summer kitchen, fire pit, reclining areas, covered dining area, and salt water infinity pool. Just steps away, board your boat or jet skis for a jaunt on the water. The home's private quarters provide infinite serenity. The exquisite master suite comes complete with separate his and her baths and closets. The exercise room, home office and outdoor tiled deck are just steps away in the private master wing. At the opposite side of the home, three sumptuous bedrooms with private balconies and baths provide a wonderful retreat for family and guests. The ground floor grotto/media room with full bar, wine room, 5th bedroom, steam bath, and two outdoor patios is the ideal guest haven. Two laundries - one on each wing of the home, an oversized two car garage with built-in storage, parking pad and abundant parking space within the compound, and under-house storage, all add to this incredible home. Additional appointments include designer outdoor landscape lighting, 4 zone heating/cooling, impact windows and doors, and so much more. This community affords beach access just across the street at the Cocoanut Bayou private beach!The average asking price for a 5 bedroom/5 bath single family residence in this Zip code is $6,238,000. This single family residence is listed at about 127% of the average asking price. This is the only 5 bedroom/5 bath single family residence between $7,000,000 and $8,800,000 currently listed for sale in this Zip code.