941-235-7474

Listing Details for MLS #A4485407
539 Norsota Way, Sarasota, Fl

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    Residential Property - Single Family Residence in Sarasota

    Listing Price: $8,200,000 (Mortgage Calculator →)Days on Market: 40

    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.The average asking price for a 6 bedroom/5 bath single family residence in this Zip code is $4,800,000. This single family residence is listed at about 171% of the average asking price. This is the only 6 bedroom/5 bath single family residence between $7,200,000 and $9,200,000 currently listed for sale in this Zip code.

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    Property Details At A Glance

    Property Type: Residential
    Property Use or Sub Type: Single Family Residence
    City: Sarasota
    County: Sarasota
    Subdivision: Bay Island / 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: $915
    Year built: 1952
    Annual Tax: $42,355
    Homestead: Yes. This property has homestead exemption. Property tax will be adjusted to reflect market value upon sale of the property.
    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

    Additional Rooms:

    • Breakfast Room Separate
    • Family Room
    • Formal Dining Room Separate
    • Inside Utility
    • Media Room

    Flooring:

    • Carpet
    • Ceramic Tile
    • Wood

    Laundry Features: Laundry Room

    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

    Waterfront Feet: 150
    Water View: Yes
    Water View: Bay/Harbor - Full, Intracoastal Waterway
    Water Name: SARASOTA BAY

    Water Extras:

    • Dock - Wood
    • Dock w/o Water Supply
    • Sailboat Water
    • Seawall - Concrete

    Exterior & Construction

    Architectural Style: Custom
    Rooms: 13
    Construction: Wood Frame, Wood Siding
    Foundation: Slab
    Roof: Shingle

    Exterior Features:
    • Awning(s)
    • Fenced
    • French Doors
    • Hurricane Shutters
    • Irrigation System
    • Lighting
    • Outdoor Shower
    • Rain Gutters
    • Shade Shutter(s)
    • Sliding Doors
    • Storage

    Garage: Yes
    Garage Spaces: 3
    Garage Dimensions: 24x37

    Parking Features:
    • Circular Driveway
    • Guest
    • Oversized

    Floors Total: 1
    Floors in Unit: One
    Cooling: Central Air, Zoned
    Heating & Fuel: Central, Zoned

    Patio & Porch Features:

    • Deck
    • Patio
    • Side Porch

    Security Features: Security System, Smoke Detector(s)
    Other Structures: Guest House, Other
    Vegetation: Mature Landscaping
    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
    • In City Limits
    • Oversized Lot

    Flood Zone Code: VE
    Flood Zone Date: 2016-11-04
    Flood Zone Panel: 12115c0141f
    Acreage Description: 1/2 to less than 1
    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
    Pets Allowed/Pet Policies: Yes
    Zoning: RSF1
    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
    Parcel Number: 2019070030
    Disclosures: Lead Paint, Seller Property Disclosure
    Section: 36
    Range: 17E
    Township: 36S

    Map

     

    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.

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