$1,395,000
$255K PRICE DROP

Estimated payment $7,969/month

Total Views 5,732
4 Beds
3.5 Baths
2,866 Sq Ft
$487 Price per Sq Ft

Highlights

  • 100 Feet of Creek Waterfront
  • Dock made with wood
  • Private Pool
  • Phillippi Shores Elementary School Rated A
  • Property is near a marina
  • View of Trees or Woods

About This Home

NOW RE-PRICED AND AN AMAZING VALUE, THIS GREAT WATERFRONT PROPERTY and single-family pool home is sited on nearly 1 acre of desirable, elevated land along the serene shores of Phillippi Creek and is a rare opportunity to own a private waterfront retreat in the heart of Sarasota. Tucked away in a quiet, established neighborhood and built at 16 ft above sea level in the X flood zone with great proximity to US 41 and amenities, this 4-bedroom, 3.5-bathroom plus office, 1-story residence seamlessly blends modern comfort with timeless Florida charm. Inside, you’ll find a spacious open-concept layout filled with natural light, designed to maximize both function and flow. Rich hardwood flooring and durable tile span the entire home, creating a warm and cohesive atmosphere. The thoughtfully designed eat-in kitchen, complete with granite countertops, stainless appliances, custom cabinetry and ample prep space is perfect for hosting gatherings or preparing family meals. A generous dining area, large primary suite with ensuite bath, lovely office with built-ins, 3 additional ample guest bedrooms, and pool bath offer flexibility for both everyday living and entertaining. The home also features a laundry room with cabinetry, attached two-car garage, abundant storage, and multiple access points to the outdoor living areas. Step through sliding glass doors to your own tropical oasis: an expansive pool, lanai and custom-built Trex deck offering several lounging, dining, and entertaining areas. Water enthusiasts will delight in the property’s direct frontage on Phillippi Creek, providing quick access to the Intracoastal Waterway with just one fixed bridge. Whether you're a seasoned boater or simply love the idea of living on the water, this location is a dream come true. The oversized lush lot with mature tropical trees including palms, bottle-brush, mango and ficus trees, offers endless potential, with plenty of room to add a custom spa, outdoor kitchen, or even expand the home to create a guest house or Accessory Dwelling unit. With no HOA restrictions, you have the freedom to truly make this property your own. Conveniently located just minutes from Sarasota’s award-winning Gulf beaches, vibrant downtown, University Town Center, I-75, and an array of world-class shopping, dining, and cultural attractions, this home offers the best of coastal living with unbeatable accessibility. Whether you're seeking a year-round residence, a seasonal getaway, or an investment in a high-demand waterfront location this residence delivers on every level. Don’t miss your chance to own this extraordinary piece of Sarasota paradise!

Listing Agent

Lenore Treiman

MICHAEL SAUNDERS & COMPANY Brokerage Phone: 941-951-6660 License #0511583 Listed on: 06/13/2025

MICHAEL SAUNDERS & COMPANY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,439

Year Built

  • Built in 1964

Lot Details

  • 0.85 Acre Lot
  • 100 Feet of Creek Waterfront
  • Street terminates at a dead end
  • West Facing Home
  • Mature Landscaping
  • Oversized Lot
  • Sloped Lot
  • Landscaped with Trees
  • Property is zoned RSF1

Parking

  • 2 Car Attached Garage
  • Guest Parking

Property Views

  • Woods
  • Creek or Stream

Home Design

  • Ranch Style House
  • Slab Foundation
  • Metal Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,866 Sq Ft Home
  • Built-In Features
  • Built-In Desk
  • Shelving
  • Vaulted Ceiling
  • Ceiling Fan
  • Sliding Doors
  • Living Room
  • Dining Room
  • Den
  • Fire and Smoke Detector

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Solid Wood Cabinet

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Bathroom
  • Walk-In Closet
  • Split Vanities
  • Bathtub With Separate Shower Stall

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Private Pool
  • Pool Deck
  • Solar Heated Pool

Outdoor Features

  • Property is near a marina
  • Access To Creek
  • Dock made with wood
  • Deck
  • Rain Gutters

Schools

  • Phillippi Shores Elementary School
  • Brookside Middle School
  • Riverview High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Riverwood Park Community
  • Riverwood Park Amd Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,439

Year Built

Built in 1964

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 2866
  • Lot Size Acres: 0.85
  • New Construction: No
  • Year Built: 1964
  • Building Area Total: 3405
  • Lot Size Sq Ft: 37000
  • Directions to Property: From Tamiami Trail, go east on Proctor Road., turn right onto Riverwood Avenue, turn left onto Riverwood Circle.
  • Status: Active
  • Ownership: Fee Simple
  • Available for Lease YN: 1
  • Escrow State: FL
  • List Office Head Office Key Nume: 1046728
  • Minimum Lease: 1 Month
  • RATIO Current Price By Calculate: 486.74
  • Total Acreage: 1/2 to less than 1
  • Unit Number YN: 0
  • Water Access YN: 1
  • MFR_InLawSuiteYN: 0
  • MFR_DockDescription: Dock - Wood
  • MFR_DockYN: 1
  • Attribution Contact: 941-951-6660
  • Tax Year: 2024
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Tile, Wood
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Interior Amenities: Built-in Features, Ceiling Fans(s), Primary Bedroom Main Floor, Solid Wood Cabinets, Stone Counters, Vaulted Ceiling(s), Walk-In Closet(s)
  • Appliances Included: Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Levels: One
  • Spa Yn: No
  • Street Number Modifier: 4771
  • Additional Rooms: Den/Library/Office
  • Living Area Meters: 266.26
  • Room Count: 10

Exterior Features

  • Direction Faces: West
  • Pool Features: Deck, Solar Heat
  • Exterior Features: Rain Gutters, Sliding Doors
  • Roof: Metal
  • Home Warranty: No
  • Pool Private: Yes
  • View: Trees/Woods
  • Water Body Name: PHILLIPPI CREEK
  • Waterfront: Yes
  • Patio and Porch Features: Deck
  • Road Surface Type: Other, Paved
  • Water Access: Creek
  • Water Extras YN: 0
  • Water View: Creek
  • Water View YN: 1
  • Waterfront Feet Total: 100
  • Flood Zone Date: 2024-03-27
  • Flood Zone Panel: 12115C0142G
  • Water Frontage Feet Creek: 100

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Guest

Utilities

  • Utilities: Electricity Connected, Public, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Security: Smoke Detector(s)
  • 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: Phillippi Shores Elementary
  • High School: Riverview High
  • Middle Or Junior School: Brookside Middle

Lot Info

  • Zoning: RSF1
  • Parcel Number: 0085030040
  • Additional Parcels: No
  • Lot Features: In County, Landscaped, Near Marina, Oversized Lot, Sloped, Street Dead-End
  • Flood Zone Code: AE/X
  • Homestead YN: 0
  • Lot Size Square Meters: 3437

Green Features

  • Green Verification Count: 0

Rental Info

  • Pets Allowed: Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: Lease restrictions

Tax Info

  • Tax Annual Amount: 6439
  • Tax Book Number: 4-87
  • Tax Lot: 8

Multi Family

  • Waterfront Features: Creek

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 $6,214 $514,213 -- --
2023 $6,214 $499,236 $0 $0
2022 $6,092 $484,695 $0 $0
2021 $6,087 $470,578 $0 $0
2020 $6,110 $464,081 $0 $0
2019 $5,924 $453,647 $0 $0
2018 $5,804 $445,188 $0 $0
2017 $5,781 $436,031 $0 $0
2016 $5,769 $648,800 $432,700 $216,100
2015 $5,869 $666,400 $387,900 $278,500
2014 $5,848 $414,510 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/21/2025 07/21/25 Price Changed $1,395,000 -15.5% $487 / Sq Ft
06/13/2025 06/13/25 For Sale $1,650,000 -- $576 / Sq Ft
Source: Stellar MLS

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- Attorney
Warranty Deed $205,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $305,000 No Value Available
Source: Public Records

Source: Stellar MLS

MLS Number: A4654424

Stellar MLS

APN: 0085-03-0040