Residential Property - Single Family Residence in Sarasota
Listing Price: $3,499,900 (Mortgage Calculator →)
Description of Property
Award-Winning Waterfront Model Home | 18-Month Triple-Net Leaseback Opportunity Experience exceptional waterfront living in Lee Wetherington Homes' award-winning Sand Dollar model, professionally designed and impeccably furnished in the prestigious Shellstone at Waterside community of Lakewood Ranch. This professionally furnished model home is offered with a separately purchased designer furnishings package under a separate Bill of Sale. Simultaneous closing includes an exclusive 18-month triple-net leaseback to Lee Wetherington Homes, creating a rare opportunity to own one of the area's premier luxury model homes while it is professionally maintained and showcased. Throughout the lease term, Lee Wetherington Homes, as tenant, will be responsible under the terms of the lease for property taxes, non-ad valorem assessments, HOA dues, hazard and liability insurance, utilities, property maintenance, operating expenses, and the initial capital contribution and amenity fee. Buyers may elect to receive lease payments monthly throughout the lease term or apply the full lease amount as a credit at closing. Designed to celebrate Florida's signature indoor-outdoor lifestyle, the Sand Dollar offers sophisticated architecture, expansive living spaces, designer-selected finishes, and a beautifully curated interior. Walls of 12ft tall glass frame tranquil waterfront views of a 200 acre lake, while seamlessly connecting the great room, gourmet kitchen, and outdoor living areas, creating an ideal setting for both everyday living and effortless entertaining. The luxurious owner's retreat offers a private sanctuary with a spa-inspired bath, while generously appointed guest suites provide exceptional comfort and privacy. Every detail reflects the renowned craftsmanship, innovative design, and timeless elegance that have defined Lee Wetherington Homes for more than four decades. Residents of Shellstone at Waterside enjoy access to the newly completed Summit Hall amenity campus, featuring a resort-style pool, state-of-the-art fitness center, elegant clubhouse, and the 13 acre Midway sports park which offers pickle-ball, tennis, basketball, outdoor fitness, dog park and playground, all within one of Lakewood Ranch's most sought-after waterfront communities. A truly exceptional opportunity to own an award-winning luxury model home with the confidence of a professionally managed triple-net leaseback. Leaseback terms, furnishings package, and additional details are available upon request.




















































Property Details At A Glance
Property Type: Residential
Property Use or Sub Type: Single Family Residence
City: Sarasota
County: Sarasota
Subdivision: Waterside
Bedrooms: 3
Bathrooms: 4
Sq. Ft. Gross: 4,755
Sq. Ft. Living Area: 3,289
Cost per (heated) sqare foot: $1,064
Year built: 2025
Annual Tax: $9,537
HOA Fee: $430 Monthly
Other Tax Assessments: $2,698
Taxes and fees can change periodically, and other fees may apply. Please check with your Suncoasteam agent for more details.
Appliances: Washer
Fireplace: Yes
Fireplace Features: Gas
Flooring: Tile
Pool & Waterfront Info
Private Pool: Yes
Pool Features: In Ground
Spa Features: In Ground
Water Name: LAKE MERGANSER
Exterior & Construction
Construction: Block
Foundation: Stem Wall
Roof: Tile
Exterior Features: Rain Gutters
Garage: Yes
Garage Spaces: 3
Floors in Unit: One
Cooling: Central Air
Heating & Fuel: Central
Sewer: Public Sewer
Water Source: Public
Lot Information
Lot Size (acres): 0.23
Lot Size (sq. ft.): 9,910 square feet
Front Exposure: South
Legal Description & Other Information
Financing Available: Conventional
Parcel Number: 0197090043
Zoning: VPD
Pets Allowed/Pet Policies: Number Limit
New Construction: Yes
Tax Legal Desc.: LOT 43, SHELLSTONE AT WATERSIDE PHASES 1A & 1C, PB 57 PG 435-454
Section: 10
Range: 19
Listing courtesy of LEE WETHERINGTON REALTY. 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.