$5,325,000
$3M PRICE DROP

5727 Riegels Point Rd Sarasota, FL 34242

Estimated payment $29,792/month

Total Views 13,232
3 Beds
2.5 Baths
3,616 Sq Ft
$1,473 Price per Sq Ft

Highlights

  • 357 Feet of Salt Water Canal Waterfront
  • Dock has access to electricity and water
  • Boat Lift
  • Phillippi Shores Elementary School Rated A
  • Water access To Gulf or Ocean
  • Intracoastal View

About This Home

When home feels like a permanent vacation, every day becomes a tropical escape where time slows down, the water is always nearby, and every day begins and ends with a coastal breeze. That’s the essence of 5727 Riegels Point—a casually luxurious, resort-style property where the lifestyle is as effortless as it is extraordinary. Nestled within the gated enclave of Riegels Landing on Siesta Key, an exclusive community with fewer than 30 estate homes, this unique property offers a lifestyle where outdoor living is as exceptional as the interior. Step into your own island sanctuary, surrounded by 357 feet of deep-water shoreline on a private basin with direct Intracoastal access. It’s a true boater’s paradise, complete with two 10,000-lb boat lifts, a floating kayak launch, water and electricity at the dock, and lit pilings perfect for nighttime fishing. The water is deep enough for a large-scale yacht to sit comfortably at your dock. Expansive Shellstone patios wrap around the home, offering countless spaces to relax, dine, and entertain. The saltwater pool and raised spa, framed by fire and water features anchor this private resort experience. Remote smart controls make it easy to unwind in the pool and spa after a sunset cruise. The front entry showcases coastal curb appeal with double frosted glass doors, leading into an interior that blends casual sophistication with the ease of turnkey living. The great room is open and airy, with engineered wood floors and abundant natural light. Large sliders provide seamless access to the outdoor amenities, creating a perfect space for both entertaining and casual relaxation. The chef’s kitchen is designed for both form and function, featuring Wolf cooking appliances, a Sub-Zero refrigerator, a Miele dishwasher, a galley sink, and custom cabinetry throughout. Hidden outlets at the cabinet base and multiple pantries, plus clever storage built into the island, keep everything organized with ease. The primary suite is a serene retreat with engineered hardwood floors, a access to a waterfront terrace with Trex decking that wraps around the entire home, and well-thought-out blind and electrical automation. The luxurious bath features lighted mirrors, dual sinks, a makeup vanity, a free-standing tub, a walk-in shower, and a Toto commode. The suite also includes a spacious walk-in closet with custom built-ins. Upstairs, two generous guest suites share a well-appointed full bathroom. Two loft areas provide the perfect space for reading, working, or relaxing. The lower level offers a multifunctional space, featuring a living space, fitness room, sliders to access the outdoor space, and a wine room with plumbing for a cooler. Additional features include a spacious 2-car garage with custom built-ins, Control4 smart home technology for lighting, AV, security, and more, four HVAC zones for comfort, turnkey furnishings, a whole-house water softener system (salt and carbon filters), a whole house generator and an oversized laundry room with custom organization. At 5727 Riegels Point, enjoy island living with easy access to Sarasota and Siesta Key Village’s dining, shopping, and entertainment. Siesta Key Beach, recently named the No. 1 beach in America by Tripadvisor, is just moments away, offering powdery sand, clear waters, and stunning sunsets. From dockside mornings to poolside evenings, this is coastal living at its best—a full-time escape where your dream lifestyle unfolds.

Listing Agent

Joel Schemmel

DOUGLAS ELLIMAN Brokerage Phone: License #3060476 Listed on: 07/31/2024

DOUGLAS ELLIMAN

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,884

Year Built

  • Built in 1982

Lot Details

  • 17,678 Sq Ft Lot
  • 357 Feet of Salt Water Canal Waterfront
  • Property fronts a bayou
  • Cul-De-Sac
  • Street terminates at a dead end
  • North Facing Home
  • Landscaped
  • Private Lot
  • Irregular Lot
  • Irrigation Equipment
  • Property is zoned RSF3

HOA Fees

  • $125 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Ground Level Parking
  • Garage Door Opener

Property Views

  • Intracoastal
  • Canal
  • Pool

Home Design

  • Tri-Level Property
  • Turnkey
  • Slab Foundation
  • Frame Construction
  • Metal Roof
  • Concrete Siding
  • HardiePlank Type

Interior Spaces

  • 3,616 Sq Ft Home
  • Open Floorplan
  • Chair Railings
  • Vaulted Ceiling
  • Ceiling Fan
  • Awning
  • Shades
  • Shutters
  • Sliding Doors
  • Great Room
  • Family Room
  • Combination Dining and Living Room
  • Loft
  • Bonus Room
  • Attic

Kitchen

  • Eat-In Kitchen
  • Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Wolf Appliances
  • Solid Surface Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Engineered Wood
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Freestanding Bathtub

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

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

Pool

  • Heated In Ground Pool
  • Heated Spa
  • Saltwater Pool
  • Pool Deck
  • Outdoor Shower
  • Pool Lighting

Outdoor Features

  • Water access To Gulf or Ocean
  • Access To Intracoastal Waterway
  • Access To Bayou
  • Access to Saltwater Canal
  • Rip-Rap
  • Boat Lift
  • Dock has access to electricity and water
  • Floating Dock
  • Dock made with Composite Material
  • Deck
  • Covered Patio or Porch
  • Exterior Lighting

Schools

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

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Thermostat
  • Propane
  • Electric Water Heater
  • Water Softener
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include private road
  • Dave Mccabe Association, Phone Number (941) 928-8969
  • Riegels Landing Community
  • Riegels Landing Subdivision
  • The community has rules related to deed restrictions

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,884

Year Built

Built in 1982

Lot Details

0

HOA Fees

$125 per month

Parking

2

Listing Details

  • HOA Fee Includes: Private Road
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Other
  • Construction Materials: Concrete, HardiPlank Type, Frame
  • Fireplace: No
  • Living Area: 3616
  • Lot Size Acres: 0.23
  • New Construction: No
  • Year Built: 1982
  • Building Area Total: 6258
  • Lot Size Sq Ft: 17678
  • Status: Active
  • Ownership: Fee Simple
  • Building Area Total Srch Sq M: 581.39
  • Escrow State: FL
  • Minimum Lease: 1-2 Years
  • RATIO Current Price By Calculate: 1472.62
  • Total Acreage: 0 to less than 1/4
  • Water Access YN: 1
  • MFR_InLawSuiteYN: 0
  • MFR_DockDescription: Dock - Composite,Dock w/Electric,Dock w/Water Supply,Floating Dock,Lift
  • MFR_DockYN: 1
  • Attribution Contact: Lena White
  • Tax Year: 2024
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Hardwood, Luxury Vinyl, Other
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s), Chair Rail, Eat-in Kitchen, Living Room/Dining Room Combo, Open Floorplan, Primary Bedroom Main Floor, Solid Surface Counters, Solid Wood Cabinets, Thermostat, Vaulted Ceiling(s), Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Range, Refrigerator, Washer, Water Softener
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: Three Or More
  • Other Equipment: Irrigation Equipment
  • Spa Features: Heated
  • Spa Yn: Yes
  • Window Features: Shades, Shutters, Storm Window(s), Window Treatments
  • Additional Rooms: Attic,Great Room,Loft
  • Living Area Meters: 335.94

Exterior Features

  • Direction Faces: North
  • Pool Features: Deck, Heated, In Ground, Lighting, Salt Water
  • Exterior Features: Awning(s), Lighting, Outdoor Shower, Sliding Doors
  • Roof: Metal
  • Pool Private: Yes
  • View: Pool, Water
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Deck, Front Porch, Patio, Rear Porch, Side Porch
  • Road Surface Type: Asphalt, Paved
  • Water Access: Bay/Harbor,Bayou,Canal - Saltwater,Gulf/Ocean,Intracoastal Waterway
  • Water Extras: Lift,Riprap,Sailboat Water
  • Water Frontage Feet Canal Salt: 357
  • Water View: Canal,Intracoastal Waterway
  • Water View YN: 1
  • Waterfront Feet Total: 357
  • Flood Zone Panel: 12115C0143G

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Garage Door Opener, Ground Level

Utilities

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

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Gated Community - No Guard
  • Association Fee: 1500
  • Association Fee Frequency: Annually
  • Association Name: Dave McCabe
  • Phone: 941-928-8969
  • Association: Yes
  • Security: Gated Community, Security System, Smoke Detector(s)
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0
  • Pet Restrictions: See HOA Docs.
  • Association Fee Requirement: Required

Fee Information

  • Total Annual Fees: 1500.00
  • Total Monthly Fees: 125.00
  • Monthly HOA Amount: 125.00

Schools

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

Lot Info

  • Zoning: RSF3
  • Parcel Number: 0105040016
  • Additional Parcels: No
  • Lot Features: Cul-De-Sac, Irregular Lot, Landscaped, Private, Street Dead-End
  • Flood Zone Code: AE

Rental Info

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

Tax Info

  • Tax Annual Amount: 19884
  • Tax Book Number: 27-19
  • Tax Lot: 14

Multi Family

  • Waterfront Features: Bayou

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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
2025 $19,884 $1,726,849 -- --
2024 $19,352 $1,678,182 -- --
2023 $19,352 $1,629,303 $0 $0
2022 $18,913 $1,581,848 $0 $0
2021 $18,884 $1,532,571 $0 $0
2020 $18,141 $1,440,800 $1,052,600 $388,200
2019 $15,822 $1,226,400 $992,000 $234,400
2018 $9,769 $782,279 $0 $0
2017 $9,732 $766,189 $0 $0
2016 $9,870 $978,300 $559,000 $419,300
2015 $10,056 $864,600 $527,300 $337,300
2014 $10,023 $757,767 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/25/2025 11/25/25 Price Changed $5,325,000 -4.7% $1,473 / Sq Ft
06/03/2025 06/03/25 Price Changed $5,590,000 -6.1% $1,546 / Sq Ft
04/11/2025 04/11/25 For Sale $5,950,000 0.0% $1,645 / Sq Ft
04/07/2025 04/07/25 Off Market $5,950,000 -- --
03/24/2025 03/24/25 Price Changed $5,950,000 -11.9% $1,645 / Sq Ft
02/26/2025 02/26/25 Price Changed $6,750,000 -8.2% $1,867 / Sq Ft
12/05/2024 12/05/24 Price Changed $7,350,000 -12.0% $2,033 / Sq Ft
12/05/2024 12/05/24 For Sale $8,350,000 0.0% $2,309 / Sq Ft
10/11/2024 10/11/24 Off Market $8,350,000 -- --
07/31/2024 07/31/24 For Sale $8,350,000 +456.7% $2,309 / Sq Ft
05/25/2018 05/25/18 Sold $1,500,000 -11.5% $453 / Sq Ft View Prior Sale
01/04/2018 01/04/18 Pending -- -- --
11/27/2017 11/27/17 Price Changed $1,695,000 -4.5% $512 / Sq Ft
02/07/2017 02/07/17 For Sale $1,775,000 -- $536 / Sq Ft
Source: Stellar MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,500,000 Attorney
Warranty Deed $1,800,000 --
Warranty Deed -- --
Warranty Deed -- --
Warranty Deed $1,222,500 --
Warranty Deed $570,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,200,000 Adjustable Rate Mortgage/ARM
Previous Owner $855,750 No Value Available
Previous Owner $280,000 No Value Available
Source: Public Records

Source: Stellar MLS

MLS Number: A4618421

Stellar MLS

APN: 0105-04-0016