$8,995,000

265 Cedar Park Cir Sarasota, FL 34242

Estimated payment $55,383/month

Total Views 604
5 Beds
5.5 Baths
6,455 Sq Ft
$1,393 Price per Sq Ft

Highlights

  • Very Popular Property
  • Beach Front
  • Dock has access to electricity and water
  • Phillippi Shores Elementary School Rated A
  • White Water Ocean Views
  • Water access To Gulf or Ocean

About This Home

A truly exceptional waterfront retreat in one of Sarasota’s most coveted enclaves—Cedar Park Circle on North Siesta Key—this gated and private estate offers over 220 feet of prime bayfront with panoramic views of Cocoanut Bayou and Roberts Bay. Residents enjoy unrivaled boating access to the Gulf of Mexico and exclusive private deeded beach access.

Spanning over 10,600 total square feet, including 6,500 square feet under air, this architectural masterpiece features 5 bedrooms, 5.5 bathrooms, and thoughtfully designed spaces across multiple expansive levels with an optional elevator if desired. Soaring ceilings, timeless finishes, and seamless indoor-outdoor living define the home’s coastal elegance. From the welcoming arbored front patio to the impressive wood-and-iron entry, every detail invites you in.

Inside, the main living areas are designed for both comfort and grandeur. The foyer/sitting room opens to sweeping pool and bay views, while the massive great room impresses with an oversized stone gas fireplace, beamed ceilings, chandeliers, French doors, and a spacious dining area with custom built-ins. Around the corner, the newly renovated gourmet kitchen and den provide the perfect blend of everyday luxury and effortless entertaining. Here, you’ll find white-on-white custom cabinetry, quartz countertops, an 8-burner Wolf gas cooktop, dual SubZero refrigerator/freezers, a built-in Miele coffee system, and discreetly integrated conveniences like a second dishwasher and refrigerator. The adjoining den and breakfast nook boast tranquil water views, making this space an ideal private retreat.

For the boating enthusiast, the property offers 150 feet of dockage, a 20,000-lb boat lift, two jet ski lifts, and a deep-water cut-in dock accommodating a 50’ vessel. After a day on the water, unwind on the expansive travertine-tiled back terrace with its teak summer kitchen, fire pit, multiple lounging and dining areas, and a saltwater infinity pool—all overlooking the bay. Hurricane-impact windows and doors, along with a new Dam Easy flood barrier, provide peace of mind.

Private quarters are equally impressive. The luxurious master wing features his-and-her baths and closets, a dedicated exercise room or home office, and an outdoor tiled balcony—combining convenience, privacy, and resort-like amenities. On the opposite side of the home, three spacious guest suites each offer private balconies and baths. The ground floor grotto/media room with a full bar, wine room, steam bath, fifth bedroom, and two outdoor patios creates the ultimate guest haven.

Additional features include dual laundry rooms (one on each wing), an oversized two-car garage with built-in storage, additional parking within the compound, and under-house storage. Designer landscape lighting, a four-zone heating/cooling system, and meticulous craftsmanship throughout ensure this residence is as functional as it is beautiful.

This is a once-in-a-lifetime opportunity to own a one-of-a-kind sanctuary where private beach access, world-class boating, and timeless coastal luxury come together seamlessly at Cocoanut Bayou’s exclusive waterfront enclave.

Listing Agent

Andrew Haddad

COMPASS FLORIDA LLC License #3146867 Listed on: 08/11/2025

COMPASS FLORIDA LLC

Co-Listing Agent

Brian Wood

COMPASS FLORIDA LLC License #3049746

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $72,462

Year Built

  • Built in 2009

Lot Details

  • 0.68 Acre Lot
  • Beach Front
  • 440 Feet of Waterfront
  • 220 Feet of Bay Harbor Waterfront
  • 220 Feet of Bayou Waterfront
  • Property fronts gulf or ocean
  • Cul-De-Sac
  • West Facing Home
  • Fenced
  • Mature Landscaping
  • Irrigation Equipment
  • Landscaped with Trees
  • Property is zoned RE2

HOA Fees

  • $333 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Pad
  • Oversized Parking
  • Ground Level Parking
  • Garage Door Opener
  • Driveway
  • Golf Cart Parking

Property Views

  • White Water Ocean
  • Beach
  • Bayou

Home Design

  • Mediterranean Architecture
  • Elevated Home
  • Split Level Home
  • Slab Foundation
  • Tile Roof
  • Concrete Roof
  • Block Exterior
  • Stone Siding
  • Stucco

Interior Spaces

  • 6,455 Sq Ft Home
  • Open Floorplan
  • Wet Bar
  • Built-In Features
  • Bar Fridge
  • Crown Molding
  • Tray Ceiling
  • Cathedral Ceiling
  • Ceiling Fan
  • Stone Fireplace
  • Thermal Windows
  • Shades
  • Rods
  • Wood Frame Window
  • French Doors
  • Great Room
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Den
  • Bonus Room
  • Game Room
  • Sun or Florida Room
  • Inside Utility

Kitchen

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

Flooring

  • Wood
  • Tile
  • Travertine

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Smart Home
  • Storm Windows
  • Fire and Smoke Detector

Eco-Friendly Details

  • Energy-Efficient Appliances
  • Energy-Efficient Windows
  • Energy-Efficient HVAC
  • Energy-Efficient Insulation

Pool

  • Heated Infinity Pool
  • Heated Spa
  • Gunite Pool
  • Saltwater Pool
  • Above Ground Spa
  • Pool Lighting

Outdoor Features

  • Water access To Gulf or Ocean
  • Access To Bayou
  • Deeded access to the beach
  • Seawall
  • No Wake Zone
  • Boat Lift
  • Dock has access to electricity and water
  • Dock made with concrete
  • Open Dock
  • Dock made with Composite Material
  • Balcony
  • Courtyard
  • Deck
  • Covered Patio or Porch
  • Outdoor Kitchen
  • Exterior Lighting
  • Outdoor Grill
  • Rain Gutters

Schools

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

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Propane
  • Thermostat
  • Underground Utilities
  • Power Generator
  • Propane
  • Tankless Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

  • Cedar Park Homeowners Association/Craig Crossley Association
  • Cocoanut Bayou Association
  • Cocoanut Bayou Community
  • Cocoanut Bayou Subdivision
  • The community has rules related to deed restrictions

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$72,462

Year Built

Built in 2009

Lot Details

0

HOA Fees

$333 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Mediterranean
  • Construction Materials: Block, Stone, Stucco
  • Fireplace: Yes
  • Living Area: 6455
  • Lot Size Acres: 0.68
  • New Construction: No
  • Year Built: 2009
  • Building Area Total: 10625
  • Lot Size Sq Ft: 29565
  • Directions to Property: Siesta Drive to Higel, turn onto Cedar Park Circle. Proceed on Cedar Park Circle to 265 on the Bay.
  • Status: Active
  • Co List Office Mls Id: MFR274501900
  • Co List Office Phone: 941-279-3630
  • Ownership: Fee Simple
  • Available for Lease YN: 1
  • Escrow State: FL
  • List Office Head Office Key Nume: 169647934
  • Minimum Lease: 1 Month
  • RATIO Current Price By Calculate: 1393.49
  • Total Acreage: 1/2 to less than 1
  • Unit Number YN: 0
  • Water Access YN: 1
  • Property Description: Elevated
  • MFR_InLawSuiteYN: 0
  • MFR_DockDescription: Dock - Composite,Dock - Concrete,Dock - Open,Dock w/Electric,Dock w/Water Supply,Lift
  • MFR_DockYN: 1
  • MFR_CommunityAssociationWaterFeatures: Water Access
  • Tax Year: 2024
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Living Room, Stone
  • Living Area Units: Square Feet
  • Flooring: Tile, Travertine, Wood
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Interior Amenities: Built-in Features, Cathedral Ceiling(s), Ceiling Fans(s), Crown Molding, Eat-in Kitchen, High Ceilings, Kitchen/Family Room Combo, Open Floorplan, Other, 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, Cooktop, Dishwasher, Disposal, Dryer, Ice Maker, Microwave, Range Hood, Refrigerator, Tankless Water Heater, Washer, Wine Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 5
  • Levels: Multi/Split
  • Other Equipment: Irrigation Equipment, Generator
  • Spa Features: Above Ground, Heated
  • Spa Yn: Yes
  • Window Features: Rods, Shades, Storm Window(s), Thermal Windows, Window Treatments, Wood Frames
  • Street Number Modifier: 265
  • Additional Rooms: Bonus Room,Den/Library/Office,Family Room,Great Room,Inside Utility
  • Living Area Meters: 599.69
  • Room Count: 10

Exterior Features

  • Direction Faces: West
  • Other Structures: Outdoor Kitchen
  • Pool Features: Gunite, Heated, In Ground, Infinity, Lighting, Salt Water
  • Exterior Features: Balcony, Courtyard, French Doors, Lighting, Outdoor Grill, Outdoor Kitchen, Rain Gutters
  • Roof: Concrete, Tile
  • Pool Private: Yes
  • View: Water
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Deck, Front Porch, Patio, Porch
  • Road Surface Type: Asphalt
  • Water Access: Bay/Harbor,Bayou,Beach,Beach - Access Deeded,Gulf/Ocean,Gulf/Ocean to Bay
  • Water Extras: Lift,No Wake Zone,Seawall - Concrete
  • Water Extras YN: 1
  • Water View: Bay/Harbor - Full,Bayou,Beach,Gulf/Ocean - Full
  • Water View YN: 1
  • Waterfront Feet Total: 440
  • Flood Zone Date: 2024-03-27
  • Flood Zone Panel: 12115C0141G
  • Additional Water Information: Property has 220' water frontage on the Bay, 150' of dockage available include an enclave that can accommodate up to a 50' vessel. Private Beach Access to the Gulf of Mexico available. Main boat lift can accommodate 20,000 lbs, plus 2-Jet Ski Lifts.
  • Water Frontage Feet Bay Harbor: 220
  • Water Frontage Feet Bayou: 220

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Driveway, Garage Door Opener, Golf Cart Parking, Ground Level, Guest, Oversized, Parking Pad

Utilities

  • Utilities: BB/HS Internet Available, Cable Connected, Electricity Connected, Propane, Public, Underground Utilities, Water Connected
  • Cooling: Central Air, Zoned
  • Heating: Central, Electric, Propane, Zoned
  • Laundry Features: Inside, Laundry Closet, Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Deed Restrictions
  • Association Fee: 4000
  • Association Fee Frequency: Annually
  • Association Name: Cedar Park Homeowners Association/Craig Crossley
  • Association: Yes
  • Security: Security System, Smoke Detector(s)
  • Senior Community: No
  • Association: Cocoanut Bayou
  • Association 2 YN: 0
  • Association Approval Required YN: 1
  • Association Fee Requirement: Required
  • Association Email: craig.crossley@gmail.com

Fee Information

  • Total Annual Fees: 4000.00
  • Total Monthly Fees: 333.33
  • Monthly HOA Amount: 333.33

Schools

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

Lot Info

  • Zoning: RE2
  • Parcel Number: 0078140004
  • Additional Parcels: No
  • Fencing: Fenced
  • Lot Features: Cul-De-Sac, In County, Landscaped
  • Flood Zone Code: AE
  • Homestead YN: 0
  • Lot Size Square Meters: 2747

Green Features

  • Efficiency: Appliances, HVAC, Insulation, Windows
  • Green Verification Count: 0

Rental Info

  • Furnished: Negotiable
  • Pets Allowed: Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: Verify with HOA

Tax Info

  • Tax Annual Amount: 72462
  • Tax Book Number: 5-18
  • Tax Lot: 13

Multi Family

  • Waterfront Features: Bay/Harbor, Bayou, Beach Front, Gulf/Ocean, Gulf/Ocean to Bay
  • Approval Process: Verify with HOA

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $75,058 $6,155,754 -- --
2023 $75,058 $7,014,200 $2,885,600 $4,128,600
2022 $64,779 $5,702,400 $2,455,000 $3,247,400
2021 $54,718 $4,404,800 $2,034,800 $2,370,000
2020 $42,967 $3,401,978 $0 $0
2019 $41,820 $3,325,492 $0 $0
2018 $40,772 $3,235,171 $0 $0
2017 $40,586 $3,164,641 $0 $0
2016 $28,272 $3,411,600 $1,496,600 $1,915,000
2015 $28,731 $3,083,700 $1,516,500 $1,567,200
2014 $28,642 $2,076,104 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/11/2025 08/11/25 For Sale $8,995,000 +16.8% $1,393 / Sq Ft
03/07/2024 03/07/24 Sold $7,700,000 -2.5% $1,193 / Sq Ft
02/25/2024 02/25/24 Pending -- -- --
02/19/2024 02/19/24 Price Changed $7,900,000 -7.1% $1,224 / Sq Ft
12/21/2023 12/21/23 For Sale $8,500,000 +58.9% $1,317 / Sq Ft
11/20/2020 11/20/20 Sold $5,350,000 -2.6% $829 / Sq Ft
10/01/2020 10/01/20 Pending -- -- --
08/14/2020 08/14/20 For Sale $5,495,000 -- $851 / Sq Ft
Source: Stellar MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $7,700,000 None Listed On Document
Quit Claim Deed -- Williams Parker
Quit Claim Deed -- Williams Parker
Warranty Deed $5,350,000 Simplifile
Warranty Deed $4,500,000 None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Attorney
Warranty Deed $2,685,000 --
Warranty Deed $2,065,000 --
Warranty Deed $1,100,000 --
Quit Claim Deed -- --
Quit Claim Deed $703,000 --
Warranty Deed $700,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $3,000,000 New Conventional
Previous Owner $1,490,000 New Conventional
Previous Owner $1,725,000 New Conventional
Previous Owner $500,000 Credit Line Revolving
Previous Owner $500,000 Credit Line Revolving
Previous Owner $2,000,000 Unknown
Previous Owner $2,000,000 Fannie Mae Freddie Mac
Previous Owner $1,700,000 No Value Available
Previous Owner $770,000 No Value Available
Previous Owner $525,000 No Value Available
Source: Public Records

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Source: Stellar MLS

MLS Number: A4661318

Stellar MLS

APN: 0078-14-0004