Residential Property - Single Family Residence in Sarasota

Listing Price: $8,250,000Days on Market: 1

Description of Property

Set on one of the most coveted streets on Siesta Key, this beautifully crafted 1926 Spanish-style home sits on a double lot with 150 feet of deep-water bay frontage, significantly larger than most properties’ 100 feet of frontage. Spanning 3,788 square feet with three bedrooms and four bathrooms, this gorgeous historic home exudes timeless character and craftsmanship and showcases authentic Spanish architectural details throughout, from its distinctive terracotta roof tiles to its graceful arched doorways. Its prized North Siesta Key location on Norsota Way offers breathtaking panoramic views of Sarasota Bay and an unobstructed sightline to downtown Sarasota’s stunning skyline. By day, soak in the endless expanse of shimmering blue waters; by night, watch as the city lights create a dazzling display across the bay. Boating enthusiasts will appreciate the deep-water access, providing seamless navigation to the Intracoastal Waterway and the Gulf of Mexico. While it sustained significant damage from the 2024 storms, it offers an extraordinary opportunity to restore it to its original beauty or reimagine the property with a custom waterfront estate designed to your personal tastes. A rare offering in one of Siesta Key's most sought-after waterfront enclaves, this property presents limitless potential in an unrivaled location. The property and structures are being sold as is due to the recent hurricane damage.The average asking price for a 3 bedroom/4 bath single family residence in this Zip code is $4,141,000. This single family residence is listed at about 199% of the average asking price. This is the only 3 bedroom/4 bath single family residence between $7,400,000 and $9,200,000 currently listed for sale in this Zip code.