Residential Property - Single Family Residence in Sarasota
SOLD for $7,000,000 on March 16, 2021
Listing Price: $7,500,000Sold Price: $7,000,000Sold Price/List Price: 93%
Sold Price/Original List Price: 85.37%
Description of Property
Described by Style Magazine as a “sprawling modern structure with a Bahamian flair,” this nearly one acre of land with four-bedroom home, guest apartment and cabana is a one-of-kind iconic property which is an exquisite homage to luxury bayfront living. The 150’ of direct bay frontage on the highly sought-after north end of Siesta Key is rumored to be the former site of the famed Bay Island Hotel, known for its glittering views of downtown Sarasota, the Ringling Bridge, and deep water boating – now yours to create your own masterpiece or restore the current characterful structures to their original glory. Multiple areas throughout the grounds and interior provide endless opportunities for entertaining and resort-style living, including a dramatic open-air pool terrace, meditative gardens, and an effortless open floorplan that boasts Southwestern, Bahamian and Mediterranean influences. Bright whites, soaring 22’ beamed ceilings, walls of windows, and light Oak flooring all give the home a relaxing coastal ambiance and embrace the stunning postcard setting few get to experience. A main house features four spacious guest suites with unique historic details like claw-foot tubs, hand-painted frescos and palladium windows and the master suite is spa-like and splashed in natural light with a whirlpool tub, oversized walk-in closet and chic work station with beautiful bay views. Other outstanding spaces include a solarium that looks directly out to the pool, cabana and water; a red-brick kitchen with high-end stainless steel appliances from GE and SubZero; and a cozy media room with surround sound, leather seating and home theatre. A guest apartment and cabana make the home truly customizable to suit your lifestyle and family needs. Designed for those who wish to be indulged in comfort, luxury and style, this wonderful estate property is the perfect backdrop to a vibrant Sarasota lifestyle.
Property Details At A Glance
Property Type: Residential
Property Use or Sub Type: Single Family Residence
City: Sarasota
County: Sarasota
Subdivision: Bay Island
Bedrooms: 6
Bathrooms: 5
Half Baths: 2
Sq. Ft. Gross: 10,188
Sq. Ft. Living Area: 8,964
Cost per (heated) sqare foot: $837
Year built: 1952
Annual Tax: $42,355
Taxes and fees can change periodically, and other fees may apply. Please check with your Suncoasteam agent for more details.
Interior Features:
- Built in Features
- Ceiling Fans(s)
- Crown Molding
- Eating Space In Kitchen
- High Ceiling(s)
- Open Floorplan
- Skylight(s)
- Solid Wood Cabinets
- Stone Counters
- Vaulted Ceiling(s)
- Walk-In Closet(s)
- Wet Bar
Appliances:
- Bar Fridge
- Built-In Oven
- Cooktop
- Dishwasher
- Disposal
- Dryer
- Electric Water Heater
- Refrigerator
- Washer
Fireplace: Yes
Fireplace Features:
- Family Room
- Living Room
- Wood Burning
Window Features: Shade Shutter(s)
Additional Rooms:
- Breakfast Room Separate
- Family Room
- Formal Dining Room Separate
- Inside Utility
- Media Room
Flooring:
- Carpet
- Ceramic Tile
- Hardwood
Schools
Elementary School: Phillippi Shores Elementary
Middle/Junior High School: Brookside Middle
High School: Sarasota High
Pool & Waterfront Info
Private Pool: Yes
Pool Features:
- Deck
- Gunite
- In Ground
- Lighting
Water Front: Yes
Water Frontage: Bay/Harbor
Water Access: Yes
Water Access Type:
- Bay/Harbor
- Gulf/Ocean
- Intracoastal Waterway
Water Name: Sarasota Bay
Water Extras:
- Dock - Wood
- Dock w/o Water Supply
- Sailboat Water
- Seawall - Concrete
Exterior & Construction
Architectural Style: Custom
Construction: Wood Frame, Wood Siding
Foundation: Slab
Roof: Shingle
- Awning(s)
- Fenced
- French Doors
- Hurricane Shutters
- Irrigation System
- Lighting
- Outdoor Shower
- Rain Gutters
- Sliding Doors
- Storage
Garage: Yes
Garage Spaces: 3
- Circular Driveway
- Guest
- Oversized
Floors Total: 1
Floors in Unit: One
Cooling: Central Air, Zoned
Heating & Fuel: Central, Zoned
Electric:
Patio & Porch Features:
- Deck
- Patio
- Side Porch
Security Features: Security System, Smoke Detector(s)
Other Structures: Guest House, Other
View: Water
Fencing: Masonry, Other
Utilities:
- BB/HS Internet Available
- Natural Gas Available
- Sewer Connected
- Underground Utilities
Sewer: Public Sewer
Water Source: Public
Lot Information
Lot Features:
- Flood Insurance Required
- Flood Zone
- City Lot
- Oversized Lot
Lot Size (acres): 0.96
Lot Size (sq. ft.): 42,013 square feet
Lot Dimensions: 284x150x253x164
Front Exposure: South
Legal Description & Other Information
Financing Available: Cash, Conventional
Parcel Number: 2019070030
Zoning: RSF1
Pets Allowed/Pet Policies: Yes
Tax Legal Desc.: COM INTRS NLY EXT OF WLY ROW HAMILTON AVE & NLY ROW LINE NORSOTA WAY TH S-77-W 154.03 FT FOR POB TH S-77-W 71.17 FT TH S- 00-00-23-W 9.6 FT TH N-89-56-18- E 80 FT TH N-00-04-08-W 286.84 FT TH
Listing courtesy of MICHAEL SAUNDERS & COMPANY. The information relating to real estate for sale on this website comes in part from the My Florida Regional MLS DBA Stellar MLS. This information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.