NOT LISTED FOR SALE

1325 Westway Dr Sarasota, FL 34236

Estimated Value: $7,499,000 - $11,166,020

5 Beds
8 Baths
6,590 Sq Ft
$1,411/Sq Ft Est. Value

Last Sold June 07, 2024

Last sale price $12,800,000 $1,942 Per Sq Ft

Est. 33% decrease in value since last sale

Current estimated payment $53,468/month

195 Days on Market

Highlights

  • 75 Feet of Intracoastal Waterfront
  • White Water Ocean Views
  • Guest House
  • Southside Elementary School Rated A
  • Dock has access to electricity and water
  • Water access To Gulf or Ocean

About This Home

As of June 2024

Modern marvel overlooking New Pass in Lido Shores! Step into this tropical escape through the hidden courtyard that connects the three-bedroom main home to the secluded, two-bedroom guest house with an expansive sundeck, 60-foot wet-edge lap pool lined with royal palms and unique fire bowls, as the perfect introduction to a contemporary masterpiece designed by DSDG Architect Mark Sultana and built by Voigt Brothers Construction. The exceptional concept behind this custom “picture frame” estate combines a sleek and innovative design with warm and comforting features, inspired by Sarasota’s School of Modern Architecture and the international modern architecture of Brazil. Boasting all the amenities required for luxury living, this SMART home’s inspired style highlights spectacular water views that stretch out to the Gulf of Mexico from just about every room of the nearly 6,600 square-foot interior, and you will instantly love the 360-degree vistas from the private rooftop terrace made of teak wood decking and putting green turf. Impressive features inside and out include maple wood, terrazzo, and porcelain tile (with a glass finish) flooring, gas fireplaces, custom built-ins, four-stop elevator, Lutron lighting system, gorgeous bathrooms with stone-top floating vanities, four new air-conditioners (2022), three gas tankless water heaters, and oversized four-car garage. As you enter the main residence through glass double doors, the suspended staircase with solid maple treads is backed by a modular art wall made of wavy plastered panels that create an impressive waterfall effect. Volume ceilings and walls of floor to ceiling impact glass sliders to the west and east ensure rooms are bright and airy. Guests can enjoy the first level, offering a gym, sauna, two bedroom suites with waterfront terrace access, studio with wet bar, and office. The reverse-style layout places the main living areas on the second level, optimizing the best of the views. The open concept of this level comprises the gourmet kitchen with its poured terrazzo waterfall edge island and Miele appliances, as well as the family room, living/dining room, and secluded master suite. Stacked glass sliders create a seamless transition to outdoor living, opening to the glass-railing terrace, summer kitchen, built-in grill, and spiral staircase that leads down to the waterside hot tub. Boaters will appreciate the deep-water dock with multiple lifts, newer seawall (2011), plus the direct, unobstructed access to the Gulf from New Pass. Walk to enjoy Lido Shores’ gated, private beach as a splendid finishing touch.

Last Agent to Sell the Property

Roger Pettingell

COLDWELL BANKER REALTY Brokerage Phone: 941-383-6411 License #0499842 Listed on: 10/13/2023

COLDWELL BANKER REALTY

Co-Listed By

Nicholle McKiernan

COLDWELL BANKER REALTY Brokerage Phone: 941-383-6411 License #3562924

Last Buyer's Agent

Crystal Saly

RE/MAX PLATINUM License #3520502

RE/MAX PLATINUM

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $73,641

Year Built

  • Built in 2011

Lot Details

  • 0.41 Acre Lot
  • 75 Feet of Intracoastal Waterfront
  • Property fronts an intracoastal waterway
  • East Facing Home
  • Stone Wall
  • Mature Landscaping
  • Native Plants
  • Landscaped with Trees
  • Property is zoned RSF2

HOA Fees

  • $25 Monthly HOA Fees

Parking

  • 4 Car Attached Garage
  • Split Garage
  • Workshop in Garage
  • Ground Level Parking
  • Garage Door Opener
  • Driveway
  • Secured Garage or Parking
  • Parking Garage Space

Property Views

  • White Water Ocean
  • City
  • Pool

Home Design

  • Custom Home
  • Contemporary Architecture
  • Elevated Home
  • Stem Wall Foundation
  • Block Exterior
  • Stucco

Interior Spaces

  • 6,590 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Open Floorplan
  • Wet Bar
  • Built-In Features
  • Cathedral Ceiling
  • Ceiling Fan
  • Non-Wood Burning Fireplace
  • Ventless Fireplace
  • Gas Fireplace
  • Awning
  • Shades
  • Sliding Doors
  • Family Room with Fireplace
  • Great Room
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Home Theater
  • Den
  • Bonus Room
  • Inside Utility
  • Sauna

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Cooktop with Range Hood
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Stone Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Wood
  • Tile
  • Terrazzo

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom Upstairs
  • Split Bedroom Floorplan
  • Walk-In Closet

Laundry

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

Home Security

  • Security System Owned
  • Security Fence, Lighting or Alarms
  • Smart Home
  • High Impact Windows

Pool

  • Heated Lap Pool
  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Gunite Pool
  • Outside Bathroom Access
  • Pool Lighting

Outdoor Features

  • Water access To Gulf or Ocean
  • Fixed Bridges
  • Property is near a marina
  • Seawall
  • Boat Lift
  • Dock has access to electricity and water
  • Dock made with wood
  • Deeded Boat Dock
  • Open Dock
  • Dock made with Composite Material
  • Balcony
  • Courtyard
  • Deck
  • Covered Patio or Porch
  • Outdoor Kitchen
  • Exterior Lighting
  • Outdoor Grill
  • Private Mailbox

Additional Homes

  • Guest House

Location

  • Flood Zone Lot
  • Property is near a golf course

Schools

  • Southside Elementary School
  • Booker Middle School
  • Sarasota High School

Utilities

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

Community Details

  • Built by VOIGT CONSTRUCTION
  • Lido Shores Community
  • Lido C Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$73,641

Year Built

Built in 2011

Lot Details

0

HOA Fees

$25 per month

Parking

4

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Contemporary, Custom
  • Construction Materials: Block, Stucco
  • Fireplace: Yes
  • Living Area: 6590
  • Lot Size Acres: 0.41
  • New Construction: No
  • Year Built: 2011
  • Building Area Total: 9979
  • Lot Size Sq Ft: 17700
  • Directions to Property: John Ringling Pkwy north; left onto Madison Dr; left onto Westway Dr; House is on the right
  • Status: Sold
  • Co List Office Mls Id: MFR231502433
  • Co List Office Phone: 941-383-6411
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: Builder
  • Available for Lease YN: 1
  • Escrow State: FL
  • List Office Head Office Key Nume: 1046393
  • Minimum Lease: 1 Month
  • RATIO Current Price By Calculate: 1942.34
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number YN: 0
  • Water Access YN: 1
  • Property Description: Elevated
  • MFR_DockDescription: Dock - Composite,Dock - Open,Dock - Slip Deeded On-Site,Dock - Wood,Dock w/Electric,Dock w/Water Supply
  • MFR_CommunityAssociationWaterFeatures: Water Access,Waterfront
  • Attribution Contact: 941-383-6411
  • Tax Year: 2022
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Family Room, Gas, Living Room, Non Wood Burning, Ventless
  • Living Area Units: Square Feet
  • Flooring: Tile, Terrazzo, Wood
  • Full Bathrooms: 6
  • Half Bathrooms: 2
  • Interior Amenities: Built-in Features, Cathedral Ceiling(s), Ceiling Fans(s), Eat-in Kitchen, Elevator, High Ceilings, Kitchen/Family Room Combo, Living Room/Dining Room Combo, PrimaryBedroom Upstairs, Open Floorplan, Sauna, Smart Home, Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Stone Counters, Thermostat, Walk-In Closet(s), Wet Bar, Window Treatments
  • Appliances Included: Built-In Oven, Cooktop, Dishwasher, Disposal, Dryer, Gas Water Heater, Microwave, Range Hood, Refrigerator, Tankless Water Heater, Washer, Wine Refrigerator
  • Foundation Details: Stem Wall
  • Total Bedrooms: 5
  • Levels: Two
  • Spa Features: Heated, In Ground
  • Spa Yn: Yes
  • Stories: 2
  • Window Features: Impact Glass/Storm Windows, Shades
  • Street Number Modifier: 1325
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Bonus Room,Den/Library/Office,Family Room,Great Room,Inside Utility,Media Room
  • Living Area Meters: 612.23
  • Room Count: 15

Exterior Features

  • Direction Faces: East
  • Other Structures: Guest House, Outdoor Kitchen
  • Pool Features: Gunite, Heated, In Ground, Lap, Lighting, Outside Bath Access
  • Exterior Features: Awning(s), Balcony, Courtyard, Lighting, Outdoor Grill, Outdoor Kitchen, Private Mailbox, Sidewalk, Sliding Doors
  • Roof: Other
  • Pool Private: Yes
  • View: City, Pool, Water
  • Water Body Name: NEW PASS - GULF OF MEXICO
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Deck, Front Porch, Rear Porch
  • Road Surface Type: Paved
  • Disclosures: HOA/PUD/Condo Disclosure, Seller Property Disclosure
  • Water Access: Bay/Harbor,Gulf/Ocean
  • Water Extras: Bridges - Fixed,Lift,Sailboat Water,Seawall - Concrete
  • Water Extras YN: 1
  • Water View: Bay/Harbor - Full,Gulf/Ocean - Full
  • Water View YN: 1
  • Waterfront Feet Total: 75
  • Flood Zone Date: 2016-11-04
  • Flood Zone Panel: 12115C0129F
  • Water Frontage Feet ICW: 75

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 4
  • Garage Yn: Yes
  • Parking Features: Driveway, Garage Door Opener, Ground Level, Oversized, Split Garage, Under Building, Workshop in Garage

Utilities

  • Utilities: BB/HS Internet Available, Cable Connected, Natural Gas Connected, Phone Available, Propane, Public, Sewer Connected, Water Connected
  • Cooling: Central Air, Zoned
  • Heating: Central, Electric, Zoned
  • Laundry Features: Inside, Laundry Room, Upper Level
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 300
  • Association Fee Frequency: Annually
  • Association: Yes
  • Security: Closed Circuit Camera(s), Security Fencing/Lighting/Alarms, Secured Garage / Parking, Security System, Security System Owned
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0
  • Association Fee Requirement: Optional

Fee Information

  • Total Annual Fees: 300.00
  • Total Monthly Fees: 25.00
  • Monthly HOA Amount: 25.00

Schools

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

Lot Info

  • Zoning: RSF2
  • Parcel Number: 0013020001
  • Additional Parcels: No
  • Fencing: Stone
  • Lot Features: FloodZone, City Limits, Landscaped, Near Golf Course, Near Marina
  • Flood Zone Code: AE
  • Homestead YN: 0
  • Lot Size Square Meters: 1644

Green Features

  • Green Verification Count: 0
  • Green Landscaping: Fl. Friendly/Native Landscape

Building Info

  • Builder Name: VOIGT CONSTRUCTION

Rental Info

  • Pets Allowed: Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: N/A

Tax Info

  • Tax Annual Amount: 73641
  • Tax Block: G
  • Tax Book Number: 5-3
  • Tax Lot: 15

Multi Family

  • Waterfront Features: Intracoastal Waterway

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 13, 2023
Closed on
Jun 7, 2024
Sold by
Hargreaves Linda A and Linda A Hargreaves 2012 Qualified Person
Bought by
Desoto Matthew Grady and Desoto Desiree Kristen
Seller's Agent
Roger Pettingell
COLDWELL BANKER REALTY
Buyer's Agent
Crystal Saly
RE/MAX PLATINUM
List Price
$15,000,000
Sold Price
$12,800,000
Premium/Discount to List
-$2,200,000
-14.67%
Views
300
Current Estimated Value
$8,615,819

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,184,181
Avg. Annual Appreciation
-27.67%

Purchase Details

Closed on
Dec 3, 2022
Sold by
David Dr Hargreaves 2012 Qualified Perso
Bought by
Thirteen Twenty Five Llc

Purchase Details

Closed on
Dec 3, 2012
Sold by
Hargreaves David D R
Bought by
Hargreaves David D R and David D R Hargreaves 2012 Qualified Pers

Purchase Details

Closed on
Mar 17, 2010
Sold by
Bombay Sarasota Llc
Bought by
Hargreaves David D R and Hargreaves Linda A

Purchase Details

Closed on
Dec 21, 2007
Sold by
Cooper Frank A and Cooper Catherine
Bought by
Bombay Sarasota Llc

Purchase Details

Closed on
Nov 1, 2001
Sold by
Steenbakkers Hubert
Bought by
Cooper Frank A and Cooper Catherine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,000
Interest Rate
6.67%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 15, 1995
Sold by
Kaufman Edward and Kaufman Susan F
Bought by
Steenbakkers Hubert

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
7.41%
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Desoto Matthew Grady $12,500,000 Consumer Title & Escrow Servic
Thirteen Twenty Five Llc $100 --
Hargreaves David D R -- Attorney
Hargreaves Linda A -- Attorney
Hargreaves David D R -- Attorney
Hargreaves David D R $2,200,000 Attorney
Bombay Sarasota Llc $2,200,000 None Available
Cooper Frank A $1,655,000 --
Steenbakkers Hubert $475,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cooper Frank A $1,740,000
Previous Owner Cooper Frank A $224,000
Previous Owner Cooper Frank A $1,096,000
Previous Owner Steenbakkers Hubert $400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/07/2024 06/07/24 Sold $12,800,000 -8.5% $1,942 / Sq Ft
04/26/2024 04/26/24 Pending -- -- --
01/24/2024 01/24/24 Price Changed $13,995,000 -6.7% $2,124 / Sq Ft
10/13/2023 10/13/23 For Sale $15,000,000 -- $2,276 / 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 $75,243 $5,220,239 -- --
2023 $75,243 $5,068,193 $0 $0
2022 $73,641 $4,920,576 $0 $0
2021 $74,210 $4,777,258 $0 $0
2020 $75,150 $4,711,300 $1,902,100 $2,809,200
2019 $80,777 $5,076,400 $2,439,100 $2,637,300
2018 $89,720 $5,621,320 $0 $0
2017 $88,726 $5,505,700 $2,816,700 $2,689,000
2016 $91,657 $5,790,600 $2,792,300 $2,998,300
2015 $93,074 $5,544,900 $2,968,800 $2,576,100
2014 $86,187 $4,555,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4585860

Stellar MLS

APN: 0013-02-0001