NOT LISTED FOR SALE

Estimated Value: $4,838,094 - $5,599,000

4 Beds
4 Baths
4,643 Sq Ft
$1,146/Sq Ft Est. Value

Last Sold June 15, 2023

Last sale price $5,950,000 $1,281 Per Sq Ft

Est. 11% decrease in value since last sale

Current estimated payment $30,571/month

97 Days on Market

Highlights

  • 200 Feet of Waterfront
  • White Water Ocean Views
  • Dock made with wood
  • Southside Elementary School Rated A
  • Access To Intracoastal Waterway
  • Boat Lift

About This Home

As of June 2023

Unrivaled location, breathtaking views, and ideal water access combine with an impeccably constructed and maintained home to offer one of the finest bayfront opportunities in Sarasota today. This clean-lined coastal style home is ideally situated West of Trail in the beloved Paradise Shores neighborhood, between Harbor Acres to the north and Cherokee Park to the south. Custom built for enjoying a gracious waterfront lifestyle, the elevated four bedroom, four bathroom home is designed around panoramic west-facing sunset views that rival those of a penthouse condo. It is also built to last, atop 18 stout, poured concrete pilings dug deep into the earth. Ascend the front steps to a classic Florida front porch, spanning the width of the facade and beckoning guests inside. The creamy white clapboard exterior flows seamlessly with the soothing neutral palette inside that puts the views at center stage. Wide open vistas and abundant natural light steal the first impression, but the thoughtfully arranged interior spaces soon snap into focus. The interiors are defined by restrained style and timeless appeal. Generous open-concept public rooms and ample outdoor decks offer effortless entertaining. The double-island kitchen features a hidden walk-in pantry, a built-in dining banquette, and quality appliances including Wolf double ovens, Miele dishwasher, and Bosch gas cooktop. A main floor owners' suite provides peaceful respite, including a private deck for morning coffee or yoga, while dual home office spaces cater to today’s work-life balance. Smart touches like a dumbwaiter to the garage level and a laundry chute from above offer unexpected convenience. Upstairs, three large bedrooms, each with spacious walk-in closets and big water views, encircle a lofted bonus room overlooking the great room below and the bay beyond. A secondary laundry area on the upper floor is ideal for families or guests. Down below, the garage level offers conditioned storage space and a home gym, parking for 5+ cars, and vast, versatile unfinished recreation space limited only by your imagination. Vintage mid century modern glass doors (salvaged from the original home that previously stood on this site) roll up to reveal a back yard oasis, featuring a saltwater pool and spa stretched along the bay, 100’ of water frontage, and a newer dock with 16,000 lb. boat lift. Boaters take note: few mainland properties combine deep water dockage just off your seawall with immediate access to Big Pass and open water without any bridges, canals, or no wake zones in your path. Enjoy your tropical paradise and rest easy knowing that elevated concrete block construction and a whole-home natural gas generator will help you weather any storm. Paradise Shores is an easy walk to the restaurants and shops of Southside Village and a quick drive from downtown, but despite this proximity, the neighborhood still manages to feel tucked away, a hidden gem sparkling on the bay. Endless views, unrivaled boating, and gracious living await.

Last Agent to Sell the Property

Nick Gard

COLDWELL BANKER REALTY License #3473079 Listed on: 01/02/2023

COLDWELL BANKER REALTY

Last Buyer's Agent

Gigi Silverberg

DOUGLAS ELLIMAN License #3100627

DOUGLAS ELLIMAN

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,020

Year Built

  • Built in 2001

Lot Details

  • 0.32 Acre Lot
  • 200 Feet of Waterfront
  • 100 Feet of Bay Harbor Waterfront
  • 100 Feet of Intracoastal Waterfront
  • Property fronts an intracoastal waterway
  • East Facing Home
  • Mature Landscaping
  • Level Lot
  • Well Sprinkler System
  • Fruit Trees
  • Property is zoned RSF1

Parking

  • 5 Car Attached Garage
  • Ground Level Parking
  • Tandem Parking
  • Garage Door Opener
  • Circular Driveway

Property Views

  • White Water Ocean
  • Intracoastal
  • Pool

Home Design

  • Custom Home
  • Traditional Architecture
  • Florida Architecture
  • Key West Architecture
  • Pillar, Post or Pier Foundation
  • Block Foundation
  • Slab Foundation
  • Metal Roof
  • Cement Siding
  • Block Exterior
  • Concrete Perimeter Foundation
  • Pile Dwellings
  • Stucco

Interior Spaces

  • 4,643 Sq Ft Home
  • 3-Story Property
  • Open Floorplan
  • Wet Bar
  • Built-In Features
  • Crown Molding
  • Tray Ceiling
  • High Ceiling
  • Ceiling Fan
  • Shutters
  • French Doors
  • Sliding Doors
  • Great Room
  • Formal Dining Room
  • Den
  • Loft
  • Bonus Room
  • Home Gym

Kitchen

  • Dumbwaiter
  • Eat-In Kitchen
  • Built-In Convection Oven
  • Recirculated Exhaust Fan
  • Microwave
  • Wine Refrigerator
  • Stone Countertops

Flooring

  • Engineered Wood
  • Bamboo
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 4 Full Bathrooms

Laundry

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

Home Security

  • Hurricane or Storm Shutters
  • High Impact Windows

Pool

  • Heated Lap Pool
  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Gunite Pool
  • Saltwater Pool
  • Pool Lighting

Outdoor Features

  • Access To Intracoastal Waterway
  • Access to Bay or Harbor
  • No Fixed Bridges
  • Dock has access to water
  • Seawall
  • Water Skiing Allowed
  • Boat Lift
  • Dock made with wood
  • Open Dock
  • Deck
  • Enclosed Patio or Porch
  • Rain Gutters
  • Rain Barrels or Cisterns

Location

  • Flood Zone Lot

Schools

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

Utilities

  • Zoned Heating and Cooling
  • Thermostat
  • Power Generator
  • Water Filtration System
  • Tankless Water Heater
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Mcclellan Park Community
  • Paradise Shores Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,020

Year Built

Built in 2001

Lot Details

0

Parking

5

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Custom, Florida, Key West, Traditional
  • Construction Materials: Block, Cement Siding, Stucco
  • Fireplace: Yes
  • Living Area: 4643
  • Lot Size Acres: 0.32
  • New Construction: No
  • Year Built: 2001
  • Building Area Total: 8906
  • Lot Size Sq Ft: 14000
  • Directions to Property: From I-75, head west on Bee Ridge Rd., continue onto S Osprey Avenue, turn left onto McClellan Parkway, turn left onto Oriole Dr, turn right onto Mallard Lane, turn left onto Sparrow Court. Property is on the right.
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow State: FL
  • List Office Head Office Key Nume: 1046393
  • Minimum Lease: No Minimum
  • RATIO Current Price By Calculate: 1281.50
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number YN: 0
  • Water Access YN: 1
  • Tax Year: 2021
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Bamboo, Ceramic Tile, Hardwood, Tile, Wood
  • Full Bathrooms: 4
  • Interior Amenities: Built-in Features, Ceiling Fans(s), Central Vaccum, Crown Molding, Dumbwaiter, Eat-in Kitchen, High Ceilings, Master Bedroom Main Floor, Open Floorplan, Solid Surface Counters, Stone Counters, Thermostat, Tray Ceiling(s), Walk-In Closet(s), Wet Bar, Window Treatments
  • Appliances Included: Built-In Oven, Convection Oven, Dryer, Exhaust Fan, Microwave, Refrigerator, Tankless Water Heater, Washer, Water Filtration System, Wine Refrigerator
  • Foundation Details: Block, Concrete Perimeter, Pillar/Post/Pier, Slab, Stilt/On Piling
  • Total Bedrooms: 4
  • Levels: Three Or More
  • Other Equipment: Generator
  • Spa Features: Heated, In Ground
  • Spa Yn: Yes
  • Stories: 3
  • Window Features: Impact Glass/Storm Windows, Shutters
  • Street Number Modifier: 2168
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Bonus Room,Den/Library/Office,Formal Dining Room Separate,Great Room,Loft
  • Living Area Meters: 431.35
  • Room Count: 11

Exterior Features

  • Direction Faces: East
  • Pool Features: Gunite, Heated, In Ground, Lap, Lighting, Salt Water
  • Exterior Features: French Doors, Hurricane Shutters, Irrigation System, Rain Barrel/Cistern(s), Rain Gutters, Sliding Doors
  • Roof: Metal
  • Pool Private: Yes
  • View: Pool, Water
  • Water Body Name: SARASOTA BAY
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Deck, Enclosed, Front Porch, Rear Porch, Screened, Side Porch
  • Road Surface Type: Asphalt, Paved
  • Water Access: Bay/Harbor,Intracoastal Waterway
  • Water Extras: Bridges - No Fixed Bridges,Dock - Open,Dock - Wood,Dock w/Electric,Dock w/Water Supply,Lift,Sailboat Water,Seawall - Concrete,Skiing Allowed
  • Water Extras YN: 1
  • Water View: Bay/Harbor - Full,Intracoastal Waterway
  • Water View YN: 1
  • Waterfront Feet Total: 200
  • Water Frontage Feet Bay Harbor: 100
  • Water Frontage Feet ICW: 100

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 5
  • Garage Yn: Yes
  • Parking Features: Circular Driveway, Driveway, Garage Door Opener, Ground Level, Oversized, Tandem

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0

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: RSF1
  • Parcel Number: 2038060014
  • Additional Parcels: No
  • Lot Features: FloodZone, City Limits, Landscaped, Level
  • Flood Zone Code: V
  • Homestead YN: 1
  • Lot Size Square Meters: 1301

Green Features

  • Green Verification Count: 0

Rental Info

  • Pets Allowed: Yes
  • Lease Restrictions YN: 0
  • Additional Lease Restrictions: Confirm leasing restrictions with City of Sarasota

Tax Info

  • Tax Annual Amount: 19020.28
  • Tax Book Number: 5-80
  • Tax Lot: 18

Multi Family

  • Waterfront Features: Bay/Harbor, Intracoastal Waterway

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 2, 2023
Closed on
Jun 15, 2023
Sold by
Powell Randy B and Powell Melinda H
Bought by
Spinnaker Legacy Trust and Land Breeze Legacy Trust
Seller's Agent
Nick Gard
COLDWELL BANKER REALTY
Buyer's Agent
Gigi Silverberg
DOUGLAS ELLIMAN
List Price
$6,300,000
Sold Price
$5,950,000
Premium/Discount to List
-$350,000
-5.56%
Views
149
Current Estimated Value
$5,321,774

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$628,226
Avg. Annual Appreciation
-4.95%
Original Mortgage
$2,000,000
Outstanding Balance
$1,938,404
Interest Rate
5.38%
Mortgage Type
New Conventional
Estimated Equity
$3,383,370
Source: Public Records

Range of Values:

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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
Spinnaker Legacy Trust $5,950,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Spinnaker Legacy Trust $2,000,000
Previous Owner Powell Randy B $200,900
Previous Owner Powell Randy B $1,320,000
Previous Owner Powell Randy B $1,360,000
Previous Owner Powell Randy B $1,470,000
Previous Owner Powell Randy B $1,696,000
Previous Owner Powell Randy B $200,000
Previous Owner Powell Randy B $1,400,000
Previous Owner Powell Randy B $150,000
Previous Owner Powell Randy B $1,100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2023 06/15/23 Sold $5,950,000 -4.8% $1,281 / Sq Ft
04/10/2023 04/10/23 Pending -- -- --
04/06/2023 04/06/23 Price Changed $6,250,000 -0.8% $1,346 / Sq Ft
01/02/2023 01/02/23 For Sale $6,300,000 -- $1,357 / 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 $19,555 $4,498,200 $2,468,000 $2,030,200
2023 $19,555 $1,299,502 $0 $0
2022 $19,056 $1,261,652 $0 $0
2021 $19,020 $1,224,905 $0 $0
2020 $19,241 $1,207,993 $0 $0
2019 $18,757 $1,180,834 $0 $0
2018 $18,460 $1,158,816 $0 $0
2017 $18,254 $1,134,981 $0 $0
2016 $18,205 $1,612,700 $1,024,300 $588,400
2015 $18,439 $1,476,400 $926,700 $549,700
2014 $18,426 $1,076,687 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4555954

Stellar MLS

APN: 2038-06-0014