tomo logo

$2,300,000

Beds
4
Baths
3.5
sq ft
2,971

116 Garden Ln, Sarasota, FL 34242

116 Garden Ln

SARASOTA, FL 34242

  • <1 day on market
    • Open house Mar 09
*Modern Luxury, Minimal Upkeep—The Perfect Siesta Key Escape* Luxury meets practicality in this stunning, low-maintenance Siesta Key home on the quiet and desirable North End. Designed for modern lifestyles, this contemporary retreat offers breathtaking Gulf views, exclusive deeded beach access, and a flexible multi-level layout—perfect for entertaining or relaxing. Built with sustainable, storm-resistant materials, this home provides peace of mind, energy savings, zero-yard work, and is near Siesta Village, the North bridge, and downtown Sarasota, so you can focus on living. *Effortless Living with Mesmerizing Views* The 3rd floor main living area is designed for effortless entertaining and relaxation. A gourmet chef’s kitchen, complete with high-end appliances, custom cabinetry, and a spacious island anchors the space, flowing seamlessly into an open-concept dining and living area. Step onto the expansive lanai to soak in panoramic glimpses of the Gulf, Big Pass, and Lido Key—the perfect spot for your morning coffee or sunset cocktails. *Flexible Spaces for Comfort & Privacy* Thoughtfully designed for privacy and togetherness, this home features a unique multi-level layout that ensures everyone has their own space while staying connected. The primary suite occupies the entire 4th floor, creating a private sanctuary complete with a spa-inspired bath, dedicated workspace that can easily be converted into a walk-in wardrobe, and a secluded balcony with coastal breezes and shimmering water views. On the 2nd level, three bedrooms and two full baths provide a comfortable retreat for family and visitors. A secondary living area with patio on this floor offers a versatile space—perfect for a media room, play area, or private lounge, plus easy access to the garden and beach access via exterior stairs. With the main living area positioned in between bedroom floors, there is just the right balance of separation and connection, ideal for multi-generational living, guests, or simply enjoying a sense of personal retreat within the home. *Architectural Excellence & Sustainable Design* Crafted with eco-conscious materials and smart design, this home is incredibly energy-efficient, providing long-term cost savings and environmental benefits. Built in 2017 by luxury homebuilder MGB – My Green Building, it feels like new and has been meticulously maintained. Designed to withstand Florida’s toughest storms, it has proven its fortress-like strength in recent weather events, delivering durability and peace of mind. *A Versatile Retreat for Every Lifestyle* Designed for luxury and convenience, this home features a private elevator servicing all four floors, a flexible, open-concept layout, and ample space for both intimate gatherings and grand entertaining. Whether you envision it as a full-time home, seasonal escape, or a high-end investment property, it offers the ultimate Siesta Key lifestyle without HOA fees. Exclusive deeded beach access is just steps away. You can start your mornings with a peaceful stroll along the shore, launch a kayak or paddleboard into the turquoise water, or simply sink your toes into the soft, white sand. As the day winds down, sip a cocktail from your balcony while watching the legendary Siesta Key sunsets. As an added bonus, there is plenty of storage space for all your gear. This is more than just a home—it’s a private coastal sanctuary where every day feels like a vacation. Move in and start living your island dream today!

Details

Property type

Single Family Residence

Est. home value

$2,139,621

Lot size

4,395 sq ft

Price per sq ft

$775

Year built

2017

Annual property taxes

$20,113

HOA

No

Price History

03/03/2025
StellarMLS

StellarMLS #A4642343

Listed
$2,300,000
+45.11%
05/14/2021
StellarMLS

StellarMLS #A4494413

Sold
$1,585,000
+11.62%
08/13/2020
StellarMLS

StellarMLS #A4469617

Sold
$1,420,000

Schools & Community

Elementary school: 

Phillippi Shores Elementary

Middle school: 

Brookside Middle

High school: 

Sarasota High

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$1,117,285
Asking price
$2,300,000
Closing costs (~8% of asking)
-$184,000
Est. remaining loan balance
-$998,715
Cash to seller
$1,117,285

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Quicken Loans Llc

Loan start date

May 2021

Original loan amount

$1,085,000

Est. remaining balance

$998,715

Interest rate

3.17%

Loan type

New Conventional, 30 year

Seller

Stephen Alfris and Isabelle J Bertrand

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 03/03/2025 at 11:35 AM

Listing updated: 03/03/2025 at 6:57 AM

Listed by: Gerard Healy, WILLIAM RAVEIS REAL ESTATE Phone #: (941) 867-3901

MLS: StellarMLS #A4642343

StellarMLS logo

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