1502 Siesta DRIVE, Sarasota, FL, 34239 | $4,995,000

Welcome to this captivating property located in the beautiful San Remo Estates and minutes away from Siesta Key Beaches and downtown Sarasota. This house is located in an incredible location so close in proximity to great schools, restaurants, cultural destinations, and parks. This 5, 160 SqFt waterfront property is nestled on a 18, 416 SqFt lot behind a private gate. As you enter the front entrance, walk into the formal living area next to a private formal dining area which features a bar between the two, great for entertaining with natural light throughout the house. The spacious primary bedroom is on the main floor located off of the formal living area with two luxurious walk-in closets, featuring a serene spa-like bathroom with a beautiful tub, walk in shower, two bathrooms and dual sinks. Perfect home for entertaining and features a bar room upstairs with a video wall to entertain guests and balcony looking out to Siesta north bridge and Sarasota Bay to watch the sunset to end your day. With a seamless flow from the living area to the chef's kitchen with brand new Viking appliances, the open-concept layout is an entertainer's dream with ample space to gather. Designed to entertain, the kitchen offers a massive center island and sliding doors to the poolside terrace. Complete with pool & spa, outdoor entertaining that is complemented by an outdoor fireplace. The three en-suite bedrooms upstairs feature separate areas to give guests the utmost privacy and comfort. Two of the bedrooms featuring a private balcony for guests as well as a sitting area with plenty of room for an office or library between the two bedrooms overlooking Roberts Bay. Expansive Bay and City Views with easy access to Intercoastal Waterway, Sarasota Bay, and Gulf of Mexico. This home is a must see!

Features

  • Rooms: 4
  • Bedrooms: 4
  • Baths: 4 full / 1 half
  • Laundry: Common Area, Inside
  • Style: Mediterranean
  • Year Built: 2006
  • Garage: 4-car
  • Heating: Central, Electric
  • Cooling: Central Air
  • Approx Sq. Feet: 5,160
  • Acreage: 0.42
  • Est. Taxes: $45,038
  • HOA Fee: $155 Annually
  • View: Water
  • Elem. School: Southside Elementary
  • Middle School: Brookside Middle
  • High School: Sarasota High
  • Pool: Heated, Salt Water
  • Pet Policy: Yes
  • Appliances: Convection Oven, Dishwasher, Disposal, Dryer, Ice Maker, Refrigerator, Washer, Wine Refrigerator
  • MLS#: A4618734
  • Days on Market: 118 days
  • Website: https://www.raveis.com
    /eprop/A4618734/1502siestadrive_sarasota_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 12/22/2024 3:34:50 AM)
Listing courtesy of PREFERRED SHORE   Phone: 941-999-1179

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

Our Executive Mortgage Banker:

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1502 Siesta DRIVE, Sarasota, FL, 34239

$4,995,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $3,996,000 $3,996,000 $3,996,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.750% 6.625% 6.625%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.620% 6.735% 6.806%
Monthly Tax Payment $3,753 $3,753 $3,753
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $25,918 $25,587 $35,085
Total Monthly Payment $29,796 $29,465 $38,963

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.  The Total Monthly Payment does not include the estimated HOA/Common Charge payment.