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Tuesday, 18 June 2019
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This Old House - Do-it-Yourself

$7.5 Million Gulf-to-Lagoon Estate on Over 4 Acres is Highest-Price Sale on Siesta Key Since 2017

Written by Posted On Tuesday, 21 May 2019 05:30
$7.5 Million Gulf-to-Lagoon Estate on Over 4 Acres is Highest-Price Sale on Siesta Key Since 2017 Coastal Home Photography

Premier Sotheby’s International Realty listed and sold the property in just 4 months, representing both buyer and seller

 

SARASOTA, FLA.(May 9, 2019) — A magnificent waterfront estate situated on a rare 4-acre parcel of land in the exclusive Sanderling Club has sold for $7.5 million, the highest-priced residential sale on Siesta Key since 2017. The Gulf-to-lagoon property with private beach and separate guest house is located at 8218 Sanderling Road. Joel Schemmel, of Premier Sotheby’s International Realty’s Sarasota – Downtown office, listed and sold the home in just four months — representing both the buyer and seller.

 

The main home built in 1986 with 8,638 interior square feet of living space has five-bedrooms and features waterfront views from almost every room. Multiple terraces and open-air living spaces overlook the expansive beachfront property with private tennis court. A charming 1,986-square-foot, two-bedroom, two-bath guest house with boat dock is perched on Heron Lagoon. In addition, the owner will enjoy the world-class amenities of the Sanderling Club, from its beach club, cabanas and tennis courts to its ample dockage on the bay side of the island.

 

Ranked among the top 1% of REALTORS® in the Sarasota area, Joel Schemmel’s closed or pending sales have exceeded $45 million year to date.

Quotes:

“There are not many properties offering 4 acres on the Gulf of Mexico. We were confident we could unite our seller with a discerning buyer who appreciated the value of this rare offering, resulting in the highest-priced sale on Siesta Key in just four months.The Buyer who has a home in Naples, was excited to find such a unique property and value equation compared to the Naples market.

– Joel Schemmel, Premier Sotheby’s International Realty

 

About Premier Sotheby’s International Realty

Headquartered in Naples, Florida, Premier Sotheby’s International Realty has over 1,100 associates and employees in 40 locations throughout Florida and North Carolina. Premier Sotheby's International Realty also benefits from an association with the storied Sotheby's auction house, established in 1744. For more information, visit premiersothebysrealty.com.

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