Active

$14,900,000

Features:
  • 6 Bedrooms
  • 6 Bathrooms
  • 9162 sq ft
Overview
  • ID: MFRA4696910
  • Bedrooms: 6
  • Bathrooms: 6
  • Size: 9162 sq ft
Property Details
Remarks
Some properties tell the story of Sarasota's evolution. Offered for the first time publicly in half a century, this waterfront estate in Lido Shores presents a rare opportunity to become the next steward of 1.34 acres with 247 feet of western shoreline. Held by only two families since 1974, both recognized for their lasting contributions to the Sarasota community. A rare slice of Sarasota's legacy is now ready for its next chapter. Designed by Seibert Architects, the residence reflects an important chapter in Sarasota's architectural heritage. The home encompasses more than 9,000 square feet with six bedrooms and six baths, including a library and billiards room. This home was thoughtfully designed to embrace its waterfront setting through expansive living spaces, gathering areas and water views throughout, including multiple terraces. The generous homesite presents exceptional possibilities for restoration, renovation or the creation of a new waterfront estate. Opportunities offering this scale of western-facing water frontage, private beach access and architectural provenance are increasingly rare along Sarasota's coastline. Offering a remarkable sense of privacy, yet just minutes from the boutiques and fine dining of St. Armands Circle, downtown Sarasota's renowned arts and cultural institutions, theaters, galleries and museums, this exceptional property also enjoys convenient access to international airports and multiple international gateways, connecting this storied waterfront setting to destinations around the world.
Financial Considerations
Price:
$14,900,000
HOA Fee:
500
Tax Amount:
$70635
Price per SqFt:
$1626.28
Tax Legal Description:
Lot 17, Block "A" LIDO "C", according to the Plat thereof, as recorded in Plat Book 5, page (s) 3 of the Public Records of Sarasota County, Florida. ALSO: Lot 16, Block A, LIDO C, according to the Plat thereof, as recorded in Plat Book 5, Page(s) 3 of the Public Records of Sarasota County, Florida; LESS, the following described triangle of land: Begin at the Northeast corner of said Lot 16, Block A; thence Westerly along the North line of said Lot 16, 300 feet; thence Southeasterly 300.15 (meas. 300.39) feet to a point on the East line of said Lot 16; thence Northerly along the East line of Lot 16, 10 feet to the point of beginning.
Exterior Features
Lot Size:
58198
Lot Features:
CoastalConstruction Control Line, FloodZone, City Limits, Landscaped, Level, Oversized Lot, Paved
Waterfront:
Yes
Parking Spaces:
N/A
Parking:
N/A
Roof:
Concrete, Tile
Pool:
Yes
Pool Features:
Gunite, Heated, In Ground, Lighting, Outside Bath Access, Tile
Interior Features
Bedrooms:
6
Bathrooms:
6
Heating:
Central, Electric, Propane, Zoned
Cooling:
Central Air, Zoned
Appliances:
Bar Fridge, Built-In Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Freezer, Ice Maker, Microwave, Range Hood, Refrigerator, Washer, Wine Refrigerator
Furnished:
Yes
Floor:
Carpet, Marble, Tile, Wood
Levels:
Two
Additional Features
Property Sub Type:
Single Family Residence
Style:
N/A
Year Built:
1974
Construction Type:
Block, Concrete, Stucco
Garage Spaces:
Yes
Covered Spaces:
N/A
Direction Faces:
East
Pets Allowed:
Yes
Special Condition:
None
Additional Features:
Balcony, French Doors, Hurricane Shutters, Lighting, Private Entrance, Private Yard, Rain Gutters, Sliding Doors, Storage
Additional Features 2:
Check with city for lease restrictions and requirements
Map
  • Address
    1157 WESTWAY DR
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