$20,000,000
SOLD MAR 29, 2024
8 Beds
12 Baths
11,275 Sq Ft
0.87 Acres

Recently Sold

$1,774 Per Sq Ft

41% Below List Price

184 Days on Market

Highlights

  • 143 Feet of Bay Harbor Waterfront
  • White Water Ocean Views
  • Access To Intracoastal Waterway
  • Southside Elementary School Rated A
  • Dock has access to electricity
  • Boat Lift

About This Home

As of March 2024

Exceptional in every aspect, this magnificent custom bayfront estate in Sarasota’s coveted Harbor Acres Estate Section showcases superb craftsmanship, state-of-the-art technology, breathtaking vistas and fabulous amenities. Situated on nearly one acre with 144 feet of bay frontage, the 11,275-square-foot home boasts sophisticated, comfortable living spaces, primarily on the main floor, and mesmerizing views of Sarasota Bay, the Ringling Bridge and downtown. The modern British West Indies-style residence has 8 en-suite bedrooms and 4 powder bathrooms. Completed in 2022, the home was designed by Stofft Cooney Architects and masterfully built in 2½ years by Perrone Construction. The meticulously curated estate is perfect for casual gatherings or large-scale soirees. European White Oak Engineered hardwood flooring flows throughout both levels, where architectural ceilings and enchanting light fixtures abound and multiple terraces offer awe-inspiring views. Wolf Design Group of Atlanta masterfully designed the interior. The kitchen, bar and primary bathroom design by Matthew Quinn of Atlanta-based Design Galleria. The remarkably landscaped grounds were designed by Stephen Hazeltine. The stucco and stone accent home features a raised pile foundation, hurricane impact windows and doors, screened covered porch with motorized bug screens and hurricane shutters, and a whole-house generator. Elba White stone steps ascend to an impressive entry pavilion. Inside, refined living spaces await for the entire family, including a voluminous formal living/dining room with fireplace, quartzite feature wall and floor-to-ceiling windows with captivating water views. The 8,200-SF-plus main level also has a dazzling gourmet kitchen, family room, mudroom, playroom, clubroom, gym, primary suite and expansive guest wing. The kitchen showcases an elegant La Cornue range and hood, Sub-Zero appliances and quartzite countertops, with an adjacent scullery, stylish breakfast nook and family room. An enormous temperature-controlled wine display separates the kitchen and formal dining room. The sizable clubroom is ideal for movie and game nights, with a bar and entertainment areas, plus French doors to a bayfront terrace. Elba White stone tile adorns the extensive outdoor space, which offers a kitchen with a Kalamazoo grill, dining and gathering areas, and an overflow pool with spa, sun shelf and fire bowls with automated lighting. A 27,000-lb. high-speed boat lift and 4,500-lb. dual Jet Ski lift with aluminum-framed platform are convenient for launching your waterway adventures. The primary suite features an opulent bathroom with blue quartzite countertops and flooring, massive closet and dressing room, second walk-in closet, morning bar, study and bayfront terrace. The generous guest wing has three en-suite bedrooms, lounge area, patio and a private outdoor entrance. The nearly 3,100-SF second level has a second primary suite, and three guest suites. A large lounge area with a balcony is perfect for savoring the stunning panoramas. Other notable highlights include a Crestron home automation system, motorized drapery/shades, home theater speaker system in the family room and clubroom, Lutron lighting system, whole house generator and automated mosquito spraying system. This waterfront masterpiece is just south of downtown’s dining, shopping and cultural arts, walkable to Southside Village’s restaurants and shops, and a short drive to pristine beaches.

Last Agent to Sell the Property

Barbara May

MICHAEL SAUNDERS & COMPANY Brokerage Phone: 941-951-6660 License #3252897 Listed on: 08/25/2023

MICHAEL SAUNDERS & COMPANY

Co-Listed By

Fred Sassen

MICHAEL SAUNDERS & COMPANY Brokerage Phone: 941-951-6660 License #3514536

Last Buyer's Agent

Bibi-Ann Allard

MICHAEL SAUNDERS & COMPANY License #0697394

MICHAEL SAUNDERS & COMPANY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $107,304

Year Built

  • Built in 2022

Lot Details

  • 0.87 Acre Lot
  • Lot Dimensions are 163x300x235x143
  • 143 Feet of Bay Harbor Waterfront
  • Street terminates at a dead end
  • South Facing Home
  • Mature Landscaping
  • Oversized Lot
  • Level Lot
  • Irrigation
  • Landscaped with Trees
  • Garden
  • Property is zoned RSFE

Parking

  • 4 Car Attached Garage
  • Split Garage
  • Ground Level Parking
  • Side Facing Garage
  • Garage Door Opener
  • Secured Garage or Parking
  • Off-Street Parking

Property Views

  • White Water Ocean
  • City
  • Park or Greenbelt

Home Design

  • Coastal Architecture
  • Stem Wall Foundation
  • Tile Roof
  • Block Exterior

Interior Spaces

  • 11,275 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Wet Bar
  • Built-In Features
  • Bar Fridge
  • Crown Molding
  • Coffered Ceiling
  • Tray Ceiling
  • Cathedral Ceiling
  • Ceiling Fan
  • Shade Shutters
  • Shades
  • Drapes & Rods
  • French Doors
  • Sliding Doors
  • Great Room
  • Family Room Off Kitchen
  • Combination Dining and Living Room
  • Breakfast Room
  • Home Theater
  • Bonus Room
  • Sun or Florida Room
  • Inside Utility
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Built-In Convection Oven
  • Indoor Grill
  • Cooktop with Range Hood
  • Recirculated Exhaust Fan
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Wine Refrigerator
  • Stone Countertops
  • Solid Wood Cabinet
  • Disposal

Bedrooms and Bathrooms

  • 8 Bedrooms
  • Primary Bedroom on Main
  • Primary Bedroom Upstairs
  • Split Bedroom Floorplan
  • Walk-In Closet

Laundry

  • Laundry Room
  • Laundry on upper level
  • Laundry in Kitchen
  • Dryer
  • Washer

Home Security

  • Security System Owned
  • Security Lights
  • Security Gate
  • Smart Home
  • High Impact Windows
  • Fire and Smoke Detector
  • In Wall Pest System

Pool

  • Heated Infinity Pool
  • Heated Spa
  • In Ground Spa
  • Gunite Pool
  • Saltwater Pool
  • Pool Deck
  • Outside Bathroom Access

Outdoor Features

  • Access To Intracoastal Waterway
  • Access to Bay or Harbor
  • Seawall
  • Boat Lift
  • Dock has access to electricity
  • Deeded Boat Dock
  • Deck
  • Covered patio or porch
  • Outdoor Kitchen
  • Exterior Lighting
  • Outdoor Grill
  • Rain Gutters
  • Private Mailbox

Location

  • Flood Zone Lot
  • Flood Insurance May Be Required

Schools

  • Southside Elementary School
  • Brookside Middle School
  • Sarasota High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Thermostat
  • Natural Gas Connected
  • Tankless Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

  • Property has a Home Owners Association
  • Harbor Acres Homeowners Association
  • Built by Perrone Construction
  • Harbor Acres Subdivision, Custom Floorplan
  • Harbor Acres Community

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$107,304

Year Built

Built in 2022

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Coastal
  • Construction Materials: Block
  • Fireplace: Yes
  • Living Area: 11275
  • Lot Size Acres: 0.87
  • New Construction: No
  • Year Built: 2022
  • Building Area Total: 14751
  • Lot Size Sq Ft: 37800
  • Directions to Property: From downtown Sarasota, go south on Orange Avenue to right at light on Hillview Drive to end of street. Home will be on the right.
  • Status: Sold
  • Co List Office Mls Id: MFR281504998
  • Co List Office Phone: 941-951-6660
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: Owner
  • Available for Lease YN: 1
  • Escrow State: FL
  • List Office Head Office Key Nume: 1046728
  • Minimum Lease: 1 Week
  • RATIO Current Price By Calculate: 1773.84
  • Total Acreage: 1/2 to less than 1
  • Unit Number YN: 0
  • Water Access YN: 1
  • AG Exemption YN: 0
  • MFR_DockDescription: Dock - Slip Deeded On-Site,Dock w/Electric
  • MFR_CommunityAssociationWaterFeatures: Waterfront
  • Attribution Contact: 941-951-6660
  • Tax Year: 2022
  • Special Features: 4098

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Wood
  • Full Bathrooms: 8
  • Half Bathrooms: 4
  • Interior Amenities: Built-in Features, Cathedral Ceiling(s), Ceiling Fans(s), Central Vaccum, Coffered Ceiling(s), Crown Molding, Eat-in Kitchen, Elevator, High Ceilings, In Wall Pest System, Kitchen/Family Room Combo, Living Room/Dining Room Combo, Primary Bedroom Main Floor, PrimaryBedroom Upstairs, Smart Home, Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Stone Counters, Thermostat, Tray Ceiling(s), Vaulted Ceiling(s), Walk-In Closet(s), Wet Bar, Window Treatments
  • Appliances Included: Bar Fridge, Built-In Oven, Convection Oven, Cooktop, Dishwasher, Disposal, Dryer, Exhaust Fan, Freezer, Ice Maker, Indoor Grill, Microwave, Range, Range Hood, Refrigerator, Tankless Water Heater, Washer, Wine Refrigerator
  • Foundation Details: Stem Wall
  • Total Bedrooms: 8
  • Levels: Two
  • Spa Features: Heated, In Ground
  • Spa Yn: Yes
  • Stories: 2
  • Window Features: Drapes, Impact Glass/Storm Windows, Shades, Window Treatments
  • Street Number Modifier: 1233
  • ResoLivingAreaSource: Owner
  • Additional Rooms: Bonus Room,Breakfast Room Separate,Family Room,Florida Room,Great Room,Inside Utility,Media Room
  • Living Area Meters: 1047.48
  • Room Count: 11

Exterior Features

  • Direction Faces: South
  • Other Structures: Outdoor Kitchen
  • Pool Features: Deck, Gunite, Heated, In Ground, Infinity, Outside Bath Access, Salt Water
  • Exterior Features: French Doors, Garden, Irrigation System, Lighting, Outdoor Grill, Outdoor Kitchen, Private Mailbox, Rain Gutters, Shade Shutter(s), Sliding Doors
  • Roof: Tile
  • Pool Private: Yes
  • View: City, Park/Greenbelt, Water
  • Water Body Name: SARASOTA BAY
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Deck, Patio, Porch, Rear Porch, Screened
  • Road Surface Type: Paved
  • Water Access: Bay/Harbor,Intracoastal Waterway
  • Water Extras: Lift,Seawall - Concrete
  • Water Extras YN: 1
  • Water View: Bay/Harbor - Full
  • Water View YN: 1
  • Waterfront Feet Total: 143
  • Water Frontage Feet Bay Harbor: 143

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 4
  • Garage Yn: Yes
  • Parking Features: Garage Door Opener, Garage Faces Side, Ground Level, Off Street, Oversized, Split Garage

Utilities

  • Utilities: BB/HS Internet Available, Cable Connected, Electricity Connected, Fiber Optics, Natural Gas Connected, Sewer Connected, Street Lights, Water Connected
  • Cooling: Central Air, Zoned
  • Heating: Central, Zoned
  • Laundry Features: Inside, In Kitchen, Laundry Room, Upper Level
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Association Name: Harbor Acres Homeowners Association
  • Association: Yes
  • Security: Closed Circuit Camera(s), Secured Garage / Parking, Security Gate, Security Lights, Security System, Security System Owned, Smoke Detector(s)
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0
  • Pet Restrictions: None except for City of Sarasota requirements.
  • Association Fee Requirement: Optional
  • Max Pet Weight: 101
  • Pet Size: Extra Large (101+ Lbs.)

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Schools

  • Elementary School: Southside Elementary
  • High School: Sarasota High
  • Middle Or Junior School: Brookside Middle

Lot Info

  • Zoning: RSFE
  • Parcel Number: 2037130013
  • Additional Parcels: No
  • Lot Features: Flood Insurance Required, FloodZone, City Limits, In County, Level, Oversized Lot, Street Dead-End, Paved
  • Lot Dimensions: 163x300x235x143
  • Flood Zone Code: AE
  • Homestead YN: 0
  • Lot Size Square Meters: 3512
  • Zoning Compatible YN: 1

Green Features

  • Green Verification Count: 0

Building Info

  • Builder Name: Perrone Construction

Rental Info

  • Furnished: Negotiable
  • Pets Allowed: Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: Lease requirements

Tax Info

  • Tax Annual Amount: 107304
  • Tax Book Number: 4-63
  • Tax Lot: 147

Multi Family

  • Waterfront Features: Bay/Harbor

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 25, 2023
Closed on
Mar 29, 2024
Sold by
Srq Hillview Holdings Llc
Bought by
Life Bridge Revocable Trust and Ebling
Seller's Agent
Barbara May
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Bibi-Ann Allard
MICHAEL SAUNDERS & COMPANY
List Price
$33,825,000
Sold Price
$20,000,000
Premium/Discount to List
-$13,825,000
-40.87%
Views
1992
Current Estimated Value
$11,572,602

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$8,427,398
Avg. Annual Appreciation
-33.93%

Purchase Details

Closed on
Aug 18, 2022
Sold by
1233 Hillview Land Trust
Bought by
Srq Hillview Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,000,000
Interest Rate
5.75%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 24, 2019
Closed on
Jan 24, 2019
Sold by
Wise Margaret P
Bought by
Cross Street Real Estate Services Llc and 1233 Hillview Land Trust
Seller's Agent
Debra Pitell-Hauge
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Barbara May
MICHAEL SAUNDERS & COMPANY
List Price
$9,850,000
Sold Price
$9,850,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.51%

Purchase Details

Closed on
Jan 19, 1999
Sold by
Dickens W Jackson and Dickens Elaine S
Bought by
Wise William T and Wise Margaret P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6.71%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $20,000,000 None Listed On Document
Deed $100 Luzier Thomas B
Warranty Deed $9,850,000 Attorney
Warranty Deed $1,875,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $6,000,000 New Conventional
Previous Owner $400,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/29/2024 03/29/24 Sold $20,000,000 -29.8% $1,774 / Sq Ft
02/26/2024 02/26/24 Pending -- -- --
02/23/2024 02/23/24 Price Changed $28,500,000 -4.8% $2,528 / Sq Ft
11/10/2023 11/10/23 Price Changed $29,950,000 -11.5% $2,656 / Sq Ft
08/25/2023 08/25/23 For Sale $33,825,000 +243.4% $3,000 / Sq Ft
01/25/2019 01/25/19 Sold $9,850,000 0.0% $2,021 / Sq Ft
01/25/2019 01/25/19 Pending -- -- --
01/24/2019 01/24/19 For Sale $9,850,000 -- $2,021 / Sq Ft
Source: Stellar MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $194,402 $14,399,000 -- --
2023 $194,402 $13,090,000 $7,393,100 $5,696,900
2022 $107,304 $7,687,900 $7,602,100 $85,800
2021 $96,991 $6,248,700 $6,164,000 $84,700
2020 $111,782 $7,011,400 $6,959,800 $51,600
2019 $41,519 $2,606,122 $0 $0
2018 $40,841 $2,555,623 $0 $0
2017 $40,398 $2,503,059 $0 $0
2016 $40,397 $3,996,400 $2,765,200 $1,231,200
2015 $41,013 $3,720,600 $2,459,300 $1,261,300
2014 $40,991 $2,379,519 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4579757

Stellar MLS

APN: 2037-13-0013