NOT LISTED FOR SALE

4201 Palacio Dr Sarasota, FL 34238

Estimated Value: $1,225,000 - $1,490,000

4 Beds
3.5 Baths
3,708 Sq Ft
$366/Sq Ft Est. Value

Sale Details

Date Sold: March 13, 2025

Last sale price $1,587,500 $428 Per Sq Ft

Est. 14% decrease in value since last sale

Current estimated payment $8,222 / mo

6 Days on Market

Highlights

  • On Golf Course
  • Heated In Ground Pool
  • 0.45 Acre Lot
  • Riverview High School Rated A
  • Gated Community
  • Deck

About This Home

As of March 2025

Luxury Living in Prestancia – Golf Course Views and Exceptional Outdoor Features Situated on a picturesque tree-lined street within the prestigious gated community of Prestancia in Palmer Ranch, this custom-designed home offers over 5,000 sq. ft. under roof of thoughtfully designed living space, blending luxury, comfort, and functionality. Nestled along the 6th Tee of The Stadium Course, an International Audubon Golf Sanctuary and part of the esteemed global TPC Network of Clubs, this property perfectly captures Florida’s natural beauty and refined lifestyle. ***Property Highlights:*****
Spacious Layout:***
4 Bedrooms and 4 Bathrooms, including a private in-law suite with its own bathroom, perfect for guests or extended family.
Open and airy living spaces with high ceilings, abundant natural light, and elegant finishes throughout. ***Stunning Outdoor Oasis:*** Expansive Electric Pergola Roof: This state-of-the-art feature fully covers the outdoor kitchen and entertainment area, opening at the touch of a button for year-round enjoyment.
Outdoor Kitchen & Entertainment Area: Includes granite countertops, a cooktop with hood, sink, refrigerator, ice machine, and a TV with surround sound—perfect for entertaining.
Hurricane-Ready Features: New impact windows and doors, hurricane roll-down shutters around the pool area, and an electric roll-down screen for added comfort and protection. ****Recent Updates for Modern Living:***** Tile Roof and New Paver Driveway with a large circular layout and side-entry 3-car garage.
Updated Bathrooms and new textured walls in the family room.
New fans, lighting, updated baseboards, and solid interior doors throughout.
3 of the 4 A/C units have been recently replaced.
Smart Entertainment: A surround sound system and 9 TVs are thoughtfully placed for maximum enjoyment. ***Community & Location:***
For golf enthusiasts, it doesn’t get better than having the TPC Players Course in your own backyard. Widely regarded as one of the best courses in the area, this premier golf course combines world-class design with the prestige of being part of the TPC Stadium Couse. Whether you're an avid golfer or simply enjoy the serene views, this home offers unparalleled access to the sport you love. Additionally, this home is conveniently located near ***Sarasota’s best attractions:*** #1 Siesta Key with it's amazing white quartz sand beaches.
Vibrant downtown Sarasota, cultural landmarks, and local markets.
Sarasota-Bradenton International Airport and Sarasota Memorial Hospital.
Access to fine dining, exceptional shopping options and the Legacy Bike Trail.
***Wake up to breathtaking sunrises and enjoy Florida’s finest outdoor living in this spectacular home. With a seamless blend of modern upgrades and classic design, this 4-bedroom, 4-bathroom home with its private in-law suite is a rare find in one of Sarasota’s most sought-after communities. Schedule your private showing today and experience the lifestyle that has everyone asking *** "What's all the fuss about Sarasota?"

Last Agent to Sell the Property

Tracy Srodes

FINE PROPERTIES Brokerage Phone: 941-782-0000 License #3487593 Listed on: 01/29/2025

FINE PROPERTIES

Last Buyer's Agent

Ryan Fares

EXP REALTY LLC License #3622475

EXP REALTY LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,785

Year Built

  • Built in 1993

Lot Details

  • 19,607 Sq Ft Lot
  • On Golf Course
  • South Facing Home
  • Well Sprinkler System
  • Landscaped with Trees
  • Property is zoned RSF2

HOA Fees

Parking

  • 3 Car Attached Garage
  • Ground Level Parking
  • Side Facing Garage
  • Garage Door Opener
  • Circular Driveway
  • Golf Cart Parking

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Concrete Roof
  • Block Exterior

Interior Spaces

  • 3,708 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Shelving
  • Bar
  • Dry Bar
  • Crown Molding
  • Cathedral Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Shutters
  • French Doors
  • Sliding Doors
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Separate Formal Living Room
  • Formal Dining Room
  • Home Office
  • Bonus Room
  • Golf Course Views

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Cooktop
  • Recirculated Exhaust Fan
  • Microwave
  • Ice Maker
  • Dishwasher
  • Wine Refrigerator
  • Granite Countertops
  • Solid Wood Cabinet
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • En-Suite Bathroom
  • Closet Cabinetry
  • Walk-In Closet
  • In-Law or Guest Suite
  • Makeup or Vanity Space
  • Single Vanity
  • Dual Sinks
  • Private Water Closet
  • Bathtub With Separate Shower Stall
  • Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Security Gate
  • Security Fence, Lighting or Alarms
  • Hurricane or Storm Shutters
  • High Impact Windows

Pool

  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa

Outdoor Features

  • Deck
  • Screened Patio
  • Outdoor Kitchen
  • Exterior Lighting

Schools

  • Gulf Gate Elementary School
  • Sarasota Middle School
  • Riverview High School

Utilities

  • Central Heating and Cooling System
  • Mini Split Air Conditioners
  • Water Filtration System
  • 1 Water Well
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include 24-Hour Guard, escrow reserves fund, ground maintenance, security
  • Crm Mgmt, Donnie Melendy Association, Phone Number (941) 444-1777
  • Prestancia HOA, Phone Number (941) 444-7090
  • Prestancia Community
  • Palacio Subdivision
  • On-Site Maintenance
  • The community has rules related to deed restrictions, fencing, allowable golf cart usage in the community

Recreation

  • Golf Course Community

Security

  • Security Guard
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,785

Year Built

Built in 1993

Lot Details

0.45 Acres

HOA Fees

$281 per month

Parking

3

Listing Details

  • HOA Fee Includes: Guard - 24 Hour, Escrow Reserves Fund, Maintenance Grounds, Security
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Contemporary
  • Construction Materials: Block
  • Fireplace: Yes
  • Living Area: 3708
  • Lot Size Acres: 0.45
  • New Construction: No
  • Year Built: 1993
  • Building Area Total: 5108
  • Lot Size Sq Ft: 19607
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Building Area Total Srch Sq M: 474.55
  • Escrow State: FL
  • Minimum Lease: 6 Months
  • RATIO Current Price By Calculate: 428.13
  • Total Acreage: 1/4 to less than 1/2
  • Water Access YN: 0
  • MFR_BedroomClosetType: Walk-in Closet
  • MFR_BedroomClosetType: Walk-in Closet
  • MFR_BedroomClosetType: Built-in Closet
  • MFR_BedroomClosetType: No Closet
  • MFR_BedroomClosetType: Built-in Closet
  • Bedroom Closet Type: Walk-in Closet
  • MFR_InLawSuiteYN: 1
  • MFR_InLawSuiteDescription: 1 Bathroom,1 Bedroom,Attached,No Private Entrance
  • Attribution Contact: 941-782-0000
  • Tax Year: 2024
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Family Room, Wood Burning
  • Living Area Units: Square Feet
  • Flooring: Luxury Vinyl, Tile
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Interior Amenities: Built-in Features, Cathedral Ceiling(s), Ceiling Fans(s), Central Vaccum, Crown Molding, Dry Bar, Eat-in Kitchen, High Ceilings, Kitchen/Family Room Combo, Primary Bedroom Main Floor, Solid Wood Cabinets, Stone Counters, Vaulted Ceiling(s), Walk-In Closet(s), Window Treatments
  • Appliances Included: Built-In Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Ice Maker, Microwave, Refrigerator, Trash Compactor, Washer, Water Filtration System, Wine Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Levels: Two
  • Spa Features: Heated, In Ground
  • Spa Yn: Yes
  • Stories: 2
  • Window Features: Impact Glass/Storm Windows, Shutters
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Bonus Room,Den/Library/Office,Family Room,Formal Dining Room Separate,Formal Living Room Separate,Interior In-Law Suite w/No Private Entry
  • Living Area Meters: 344.48

Exterior Features

  • Direction Faces: South
  • Other Structures: Outdoor Kitchen
  • Pool Features: Heated, In Ground, Other
  • Exterior Features: French Doors, Hurricane Shutters, Lighting, Outdoor Kitchen, Sliding Doors
  • Roof: Concrete
  • Pool Private: Yes
  • View: Golf Course
  • Waterfront: No
  • Patio and Porch Features: Deck, Screened
  • Road Surface Type: Paved
  • Water View YN: 0
  • Waterfront Feet Total: 0

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Parking Features: Circular Driveway, Covered, Driveway, Garage Door Opener, Garage Faces Side, Golf Cart Parking, Ground Level

Utilities

  • Utilities: Cable Connected, Electricity Connected, Public, Sewer Connected, Sprinkler Well, Street Lights, Water Connected
  • Cooling: Central Air, Mini-Split Unit(s)
  • Heating: Central, Electric
  • Laundry Features: Inside, Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Number of Wells: 1

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Gated Community - Guard, Golf Carts OK, Golf, Sidewalks
  • Association Amenities: Fence Restrictions, Gated, Maintenance, Security
  • Association Fee: 310
  • Association Fee Frequency: Quarterly
  • Association Name: CRM Mgmt, Donnie Melendy
  • Phone: 941 444 1777
  • Association: Yes
  • Security: Gated Community, Security Fencing/Lighting/Alarms, Security Gate
  • Senior Community: No
  • Association #2 Fee: 535
  • Association #2 Fee Frequency: Quarterly
  • Association: Prestancia HOA
  • Association Phone #2: 941 444 7090
  • Association 2 YN: 1
  • Association Approval Required YN: 1
  • Association Fee Requirement: Required
  • Association Email: cmr7085@yahoo.com

Fee Information

  • Total Annual Fees: 3380.00
  • Total Monthly Fees: 281.67
  • Monthly HOA Amount: 103.33

Schools

  • Elementary School: Gulf Gate Elementary
  • High School: Riverview High
  • Middle Or Junior School: Sarasota Middle

Lot Info

  • Zoning: RSF2
  • Parcel Number: 0113070001
  • Additional Parcels: No
  • Lot Features: In County, Landscaped, On Golf Course, Paved
  • Flood Zone Code: x

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Cats OK, Dogs OK, Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: See HOA documents for restrictions

Tax Info

  • Tax Annual Amount: 7785.15
  • Tax Book Number: 35-2
  • Tax Lot: 1

Multi Family

  • Approval Process: See HOA documents for restrictions

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 29, 2025
Closed on
Mar 13, 2025
Sold by
Bought by
Seller's Agent
Tracy Srodes
FINE PROPERTIES
Buyer's Agent
Ryan Fares
EXP REALTY LLC
List Price
$1,695,000
Sold Price
$1,587,500
Premium/Discount to List
-$107,500
-6.34%
Views
30
Current Estimated Value
$1,358,050

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$229,450
Avg. Annual Appreciation
-11.57%

Purchase Details

Closed on
Aug 10, 2016
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$696,000
Interest Rate
3.48%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 21, 2013
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$410,000
Interest Rate
3.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 26, 2002
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.86%

Purchase Details

Closed on
Aug 25, 2000
Sold by
Bought by

Purchase Details

Closed on
Jun 5, 2000
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,587,500 None Listed On Document
$870,000 None Available
-- None Available
-- Attorney
-- None Available
$600,000 --
-- --
$478,000 --
$478,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $696,000
Previous Owner $410,000
Previous Owner $300,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
03/13/2025 03/13/25 Sold $1,587,500 -6.3% $428 / Sq Ft
02/04/2025 02/04/25 Pending -- -- --
01/29/2025 01/29/25 For Sale $1,695,000 -- $457 / Sq Ft
Source: Stellar MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $7,785 $651,191 -- --
2024 $7,530 $632,839 -- --
2023 $7,530 $614,407 $0 $0
2022 $7,555 $617,212 $0 $0
2021 $7,485 $599,235 $0 $0
2020 $7,521 $590,962 $0 $0
2019 $7,293 $577,675 $0 $0
2018 $6,719 $619,100 $207,600 $411,500
2017 $8,750 $648,200 $207,600 $440,600
2016 $6,321 $629,300 $169,500 $459,800
2015 $6,435 $615,700 $179,000 $436,700
2014 $6,476 $466,295 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4635866

Stellar MLS

APN: 0113-07-0001

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