NOT LISTED FOR SALE

5249 Cape Leyte Dr Sarasota, FL 34242

Estimated Value: $1,937,000 - $4,166,965

5 Beds
5 Baths
3,793 Sq Ft
$764/Sq Ft Est. Value

Last Sold December 28, 2022

Last sale price $4,690,000 $1,236 Per Sq Ft

Est. 38% decrease in value since last sale

Current estimated payment $16,653/month

169 Days on Market

Highlights

  • 114 Feet of Salt Water Canal Waterfront
  • Boat Slip Deeded
  • Screened Pool
  • Phillippi Shores Elementary School Rated A
  • Boat Lift
  • Under Construction

About This Home

As of December 2022

Under Construction. Southern Exposure. Direct waterfront, new construction is a rarity on Siesta Key. This custom- designed John Cannon home in Siesta Isles is being built with the exceptionally high standards that this luxury home builder offers. Covering more than a half-acre and overlooking the peaceful waters of Siesta Key’s Grand Canal, boaters will appreciate the brand-new seawall, deep water composite dock and lift, with shore power and water. The modern design of this four/five bedroom custom home encompasses nearly 4,000 square feet of interior space and features a unique layout optimizing beautiful views around every corner. The open concept is organized around the great room and kitchen, with disappearing glass walls that make entertaining easy and inviting, while also creating the perfect indoor-outdoor experience. Energy Star Certified, the interior will be stylishly decked out with wooden and Porcelain tile floors, high tray ceilings with exposed beams, plus a beautiful contemporary kitchen positioned to be the hub of the house. The expanse of the layout allows for complete privacy while enjoying the master wing. Located just off the pool deck, this secluded retreat includes double doors that open to its own vestibule, custom walk-in closet encompassing 102 square feet and spa-inspired bathroom. Three additional king en-suite bedrooms are arranged in a split plan, offering convenient access to the three-car garage. The study and a large bonus room (steps from the kitchen could be used as a fifth bedroom) complete this brand-new residence. Enjoy the waterfront and sun from the lanai and pool deck, spanning more than 2,100 square feet, featuring a beautiful pool with extra-large spa and waterfall feature. Siesta Isles is a deed-restricted community just minutes from the best that Sarasota’s “Cultural Coast” offers. This tempting property is less than a half-mile sunny bike ride to enjoy Siesta Key Beach and Village, an abundant community with nearby parks, family activities and enviable school districts. Relax the day away on the renowned beach, most well-known for its quartz-filled shores and sparkling azure waves. You will love the proximity to the bustling city lifestyle of downtown Sarasota, with theaters, trendy eateries, boutique shopping and farmer’s markets. This home is an opportunity for a jaunt into unmatched luxurious waterfront living.

Last Agent to Sell the Property

Roger Pettingell

COLDWELL BANKER REALTY License #0499842 Listed on: 07/02/2022

COLDWELL BANKER REALTY

Last Buyer's Agent

Cheryl Guentner

RE/MAX PALM License #0536042

RE/MAX PALM

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,963

Year Built

  • Built in 2023 | Under Construction

Lot Details

  • 0.52 Acre Lot
  • 114 Feet of Salt Water Canal Waterfront
  • Property fronts a saltwater canal
  • Cul-De-Sac
  • Southwest Facing Home
  • Wood Fence
  • Child Gate Fence
  • Mature Landscaping
  • Native Plants
  • Private Lot
  • Corner Lot
  • Oversized Lot
  • Level Lot
  • Cleared Lot
  • Landscaped with Trees
  • Property is zoned RSF2

HOA Fees

  • $13 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Split Garage
  • Parking Pad
  • Ground Level Parking
  • Garage Door Opener
  • Driveway
  • Secured Garage or Parking

Home Design

  • Custom Home
  • Contemporary Architecture
  • Florida Architecture
  • Elevated Home
  • Stem Wall Foundation
  • Tile Roof
  • Cement Siding
  • Block Exterior
  • Stone Siding
  • Stucco

Interior Spaces

  • 3,793 Sq Ft Home
  • Open Floorplan
  • Built-In Features
  • Shelving
  • Crown Molding
  • Tray Ceiling
  • High Ceiling
  • Ceiling Fan
  • Free Standing Fireplace
  • Thermal Windows
  • ENERGY STAR Qualified Windows with Low Emissivity
  • Insulated Windows
  • Sliding Doors
  • Entrance Foyer
  • Great Room
  • Family Room Off Kitchen
  • L-Shaped Dining Room
  • Den
  • Bonus Room
  • Storage Room
  • Inside Utility
  • Canal Views
  • Attic Ventilator

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Walk-In Pantry
  • Built-In Convection Oven
  • Cooktop with Range Hood
  • Recirculated Exhaust Fan
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Cooking Island
  • Tile Countertops
  • Disposal

Flooring

  • Engineered Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • En-Suite Bathroom
  • Walk-In Closet
  • Sunken Shower or Bathtub
  • In-Law or Guest Suite
  • 5 Full Bathrooms
  • Tall Countertops In Bathroom
  • Split Vanities
  • Single Vanity
  • Private Water Closet
  • Claw Foot Tub
  • Bathtub With Separate Shower Stall
  • Shower Only
  • Rain Shower Head
  • Multiple Shower Heads
  • Linen Closet In Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Security System Owned
  • Security Lights
  • Fire and Smoke Detector
  • In Wall Pest System
  • Pest Guard System

Pool

  • Screened Pool
  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Gunite Pool
  • Saltwater Pool
  • Fence Around Pool
  • Pool Deck
  • Outdoor Shower
  • Chlorine Free
  • Pool Lighting

Outdoor Features

  • Access to Saltwater Canal
  • Dock has access to water
  • Seawall
  • No Wake Zone
  • Boat Lift
  • Boat Slip Deeded
  • Dock made with Composite Material
  • Wrap Around Porch
  • Screened Patio
  • Outdoor Kitchen
  • Exterior Lighting
  • Outdoor Grill

Schools

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

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heat Pump System
  • Vented Exhaust Fan
  • Thermostat
  • Underground Utilities
  • Propane
  • Tankless Water Heater
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Additional Features

  • Flood Zone Lot
  • Drainage Canal

Community Details

  • Built by JOHN CANNON HOMES
  • Siesta Isles Subdivision, Custom Floorplan
  • Siesta Isles Community
  • The community has rules related to deed restrictions, allowable golf cart usage in the community

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,963

Year Built

Built in 2023 | Under Construction

Lot Details

0

HOA Fees

$13 per month

Parking

3

Listing Details

  • HOA Fee Includes: None
  • Property Type: Residential
  • Property Condition: Under Construction
  • Property Sub Type: Single Family Residence
  • Architectural Style: Contemporary, Custom, Florida
  • Construction Materials: Block, Cement Siding, Stone, Stucco
  • Fireplace: Yes
  • Living Area: 3793
  • Lot Size Acres: 0.52
  • New Construction: Yes
  • Year Built: 2023
  • Building Area Total: 5754
  • Lot Size Sq Ft: 22481
  • Directions to Property: US 41 south; Right onto Siesta Dr; Slight left onto Midnight Pass Rd; Right onto Shadow Lawn Way; Left onto Shadow Lawn Dr (becomes Cape Leyte Dr); House is on the right.
  • Status: Sold
  • 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: 1236.49
  • Total Acreage: 1/2 to less than 1
  • Unit Number YN: 0
  • Water Access YN: 1
  • Property Description: Elevated
  • Permit Number: B1
  • Tax Year: 2021
  • Special Features: NewHome

Interior Features

  • Fireplace Features: Free Standing
  • Living Area Units: Square Feet
  • Flooring: Carpet, Hardwood, Tile, Tile
  • Full Bathrooms: 5
  • Interior Amenities: Attic Ventilator, Built-in Features, Ceiling Fans(s), Crown Molding, Eat-in Kitchen, High Ceilings, In Wall Pest System, Kitchen/Family Room Combo, L Dining, Living Room/Dining Room Combo, Master Bedroom Main Floor, Open Floorplan, Pest Guard System, Solid Surface Counters, Stone Counters, Thermostat, Tray Ceiling(s), Walk-In Closet(s)
  • Appliances Included: Built-In Oven, Convection Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Freezer, Ice Maker, Microwave, Range, Range Hood, Refrigerator, Tankless Water Heater, Washer
  • Foundation Details: Stem Wall
  • Total Bedrooms: 5
  • Levels: One
  • Spa Features: Heated, In Ground
  • Spa Yn: Yes
  • Window Features: ENERGY STAR Qualified Windows, Insulated Windows, Low Emissivity Windows, Thermal Windows
  • Street Number Modifier: 5249
  • ResoLivingAreaSource: Builder
  • Additional Rooms: Attic,Bonus Room,Den/Library/Office,Family Room,Great Room,Inside Utility,Interior In-Law Suite,Storage Rooms
  • Living Area Meters: 352.38
  • Room Count: 15

Exterior Features

  • Direction Faces: Southwest
  • Pool Features: Child Safety Fence, Chlorine Free, Deck, Gunite, Heated, In Ground, Lighting, Salt Water, Screen Enclosure
  • Exterior Features: Lighting, Outdoor Grill, Outdoor Kitchen, Outdoor Shower, Sliding Doors
  • Roof: Tile
  • Pool Private: Yes
  • View: Water
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Enclosed, Patio, Screened, Wrap Around
  • Road Surface Type: Asphalt
  • Disclosures: HOA/PUD/Condo Disclosure
  • Water Access: Canal - Saltwater
  • Water Extras: Dock - Composite,Dock - Slip Deeded On-Site,Dock w/Electric,Dock w/Water Supply,Lift,No Wake Zone,Seawall - Concrete
  • Water Extras YN: 1
  • Water Frontage Feet Canal Salt: 114
  • Water View: Canal
  • Water View YN: 1
  • Waterfront Feet Total: 114
  • Flood Zone Date: 2016-11-04
  • Flood Zone Panel: 12115C0143F
  • Projected Completion Date: 2023-04-01T00:00:00.000

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Parking Features: Covered, Driveway, Garage Door Opener, Ground Level, Guest, Oversized, Parking Pad, Split Garage

Utilities

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

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Golf Carts OK, Water Access, Waterfront
  • Association Fee: 150
  • Association Fee Frequency: Annually
  • Association: Yes
  • Security: Closed Circuit Camera(s), Secured Garage / Parking, Security Lights, Security System, Security System Owned, Smoke Detector(s)
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0
  • Association Fee Requirement: Optional

Fee Information

  • Total Annual Fees: 150.00
  • Total Monthly Fees: 12.50
  • Monthly HOA Amount: 12.50

Schools

  • Elementary School: Phillippi Shores Elementary
  • High School: Sarasota High
  • Middle Or Junior School: Brookside Middle

Lot Info

  • Zoning: RSF2
  • Parcel Number: 0082070042
  • Additional Parcels: No
  • Fencing: Fenced, Wood
  • Lot Features: Cleared, Corner Lot, Cul-De-Sac, Drainage Canal, FloodZone, In County, Level, Oversized Lot, Private
  • Flood Zone Code: AE
  • Homestead YN: 0
  • Lot Size Square Meters: 2089

Green Features

  • Green Verification Count: 1
  • Green Landscaping: Fl. Friendly/Native Landscape

Building Info

  • Builder Name: JOHN CANNON HOMES

Rental Info

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

Tax Info

  • Tax Annual Amount: 11963
  • Tax Book Number: 10-69
  • Tax Lot: 10

Multi Family

  • Waterfront Features: Canal - Saltwater

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 2, 2022
Closed on
Dec 28, 2022
Sold by
Cape Leyte Llc
Bought by
Samuel J Reese Trust and Anne E Reese Trust
Seller's Agent
Roger Pettingell
COLDWELL BANKER REALTY
Buyer's Agent
Cheryl Guentner
RE/MAX PALM
List Price
$4,890,000
Sold Price
$4,690,000
Premium/Discount to List
-$200,000
-4.09%
Views
63
Current Estimated Value
$2,898,655

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,791,345
Avg. Annual Appreciation
-16.66%

Purchase Details

Listed on
Mar 3, 2021
Closed on
Apr 2, 2021
Sold by
Anderson Kent J and The George R Babigian Revocabl
Bought by
Cape Leyte Llc
Seller's Agent
Alexis Bellovich
Buyer's Agent
Maureen Morris
PREMIER SOTHEBY'S INTERNATIONAL REALTY
List Price
$879,000
Sold Price
$950,000
Premium/Discount to List
$71,000
8.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
150.34%

Purchase Details

Closed on
Sep 24, 2020
Sold by
Babigian George R
Bought by
George R Babigian Revocable Trust and Anderson
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Samuel J Reese Trust $4,690,000 --
Cape Leyte Llc $950,000 Attorney
George R Babigian Revocable Trust -- None Listed On Document
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/28/2022 12/28/22 Sold $4,690,000 -4.1% $1,236 / Sq Ft
12/19/2022 12/19/22 Pending -- -- --
07/02/2022 07/02/22 For Sale $4,890,000 +414.7% $1,289 / Sq Ft
04/02/2021 04/02/21 Sold $950,000 +8.1% $330 / Sq Ft
03/09/2021 03/09/21 Pending -- -- --
03/03/2021 03/03/21 For Sale $879,000 -- $305 / 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 $15,068 $1,403,930 -- --
2023 $15,068 $1,276,300 $1,220,600 $55,700
2022 $16,298 $1,332,300 $1,138,600 $193,700
2021 $11,963 $926,800 $814,800 $112,000
2020 $6,373 $496,052 $0 $0
2019 $6,176 $484,899 $0 $0
2018 $6,050 $475,858 $0 $0
2017 $6,025 $466,071 $0 $0
2016 $6,000 $810,400 $546,400 $264,000
2015 $6,109 $725,100 $495,500 $229,600
2014 $6,088 $443,068 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Stellar MLS

MLS Number: A4540522

Stellar MLS

APN: 0082-07-0042