Listing Details for MLS #A4640480
5135 Riverwood Avenue, Sarasota, Fl

Residential Property - Single Family Residence in Sarasota

Listing Price: $2,995,000 (Mortgage Calculator →)Days on Market: 7

Description of Property

A Dream Home on Phillippi Creek – A Rare Opportunity Like No Other! Welcome to your private creekside oasis, nestled on over an acre of lush, waterfront property in the heart of Sarasota. This extraordinary 6 bedroom, 6 bath contemporary estate spans nearly 6,400 square feet under air and features an 8-car garage setup — perfect for collectors, creatives, and adventure-seekers alike. With no deed restrictions, no HOA, and no flood zone, this is the ultimate expression of freedom, privacy, and luxury living. From the moment you step through the grand double wooden doors, you'll be captivated by the thoughtful design, custom features, and spacious elegance that define this home. The main residence offers nearly 6,000 sq ft of smart, versatile living space, including a sprawling eat-in kitchen, pantry/laundry room, formal dining room, 5 bedrooms, 5 full baths, a dedicated office/den, multiple bonus rooms, and even a library nook tucked under the stairs. The primary suite is a true sanctuary, with dual dressing areas, oversized walk-in closets, and a spa-inspired en-suite bath. Follow the hidden spiral staircase to the third floor—a magical retreat space perfect for meditation, a yoga studio, creative writing, or a personal gym—plus access to a huge, finished attic space for extra storage or expansion. PGT impact-rated windows and doors, along with updated AC units, bring comfort and peace of mind year-round. Step outside and take in the expansive screened-in back porch, overlooking breathtaking Phillippi Creek views, your open-air pool with sundeck, Hot Springs spa, and a separate guest/pool house—ideal for hosting guests or a home-based business. A 10’ x 26’ dock gives you direct access to the water—launch your kayak, paddleboard, or boat and embrace the best of Old Florida living. And the garages? A dream come true. The two detached garages include a 6-car workshop/studio space and a 2-car garage—offering limitless potential for hobbyists, entrepreneurs, or RV/boat storage. You can even park your RV, trailer, or tiny home with ease—the possibilities are endless. Other highlights include mature fruit trees, a privacy fence, and resort-style outdoor living—all just minutes from world-famous beaches, top-rated schools, fine dining, shopping, and downtown Sarasota. Don't let this one-of-a-kind property pass you by. Be sure to explore the 3D Matterport tour and schedule your private tour today—you have to see it to believe it!The average asking price for a 6 bedroom/6 bath single family residence in this Zip code is $4,845,000. This single family residence is listed at about 62% of the average asking price. This is the only 6 bedroom/6 bath single family residence between $2,600,000 and $3,400,000 currently listed for sale in this Zip code.