tomo logo

$11,995,000

Beds
5
Baths
5.5
sq ft
7,409

1339 Westway Dr, Sarasota, FL 34236

1339 Westway Dr

SARASOTA, FL 34236

  • 4 days on market
There’s so much to love about this exceptional Lido Shores home with 103-foot waterfront on New Pass between the Gulf of Mexico and Sarasota Bay. Combining modern aesthetics with coastal serenity, this home promises a lifestyle sure to please all who love living the good life. For boat lovers, the deep-water dock has three lifts, one for boats up to 40,000 pounds and two for recreational watercraft. Easily spend the days fishing and exploring Sarasota’s extensive waterways. For the beach lover, Lido Shores has private access to secluded North Lido Beach. Waterside walks and spectacular sunsets are a daily affair. For the socialite, entertain with ease throughout the impeccably designed central living areas as well as meandering outdoor spaces. For the virtuoso, let the notes flow from the well-placed grand piano. For the art lover, a massive gallery wall along the west hallway aptly displays your cherished collection. For the passionate chef, a well-fitted kitchen with wall-to-wall and counter-to-ceiling corner windows overlooking New Pass lets culinary creativity flow. For car lovers, the three-car garage has a 15-foot, 7-inch ceiling height to accommodate automotive lifts. Love having overnight guests? The nearly new apartment over the garage offers total privacy with two bedrooms and 15-by-17-foot living area. The 7,409-square-foot residence has an inviting central space with four open, yet distinct areas, which can be configured to your heart’s desire. The expansive kitchen and wet bar, fitted with high-end appliances, feature granite counters that echo the waterfront palette beyond. The west side of the home has a 20-by-18-foot media room and 20-by-14-foot home office that opens to the gallery hallway. The east side houses the primary suite that provides an inspiring retreat with spectacular water views. Convenience features include a 13-foot base elevation, impact glass windows, water filtration system, three tankless water heaters, water pressure system, whole-house generator and security system with cameras. Outdoor living areas include heated pool and spa with travertine pool deck, covered roof-top terrace and side patio featuring a reflection pool with steppingstones. The professional landscape features Sarasota’s tallest Ponytail palm. Lido Shores is a beach community at the north end of Lido Key between St. Armands Circle and Longboat Key. The community is in recreational and bicycling distance to St. Armands Circle, Mote Marine, Sarasota Sailing Squadron and Ken Thompson Preserve Park. Longboat Key Club is just one mile north providing championship golf, fine dining and beach club facilities. Downtown Sarasota is just 3.5 miles east providing shopping, dining and the arts.

Details

Property type

Single Family Residence

Est. home value

$7,635,593

Lot size

0.5 acres

Price per sq ft

$1,619

Year built

1959

Annual property taxes

$75,277.37

HOA

No

Price History

02/17/2025
StellarMLS

StellarMLS #A4640276

Listed
$11,995,000
+130.67%
10/19/2020
StellarMLS

StellarMLS #A4432826

Sold
$5,200,000

Schools & Community

Neighborhood: 

Lido Shores

Elementary school: 

Southside Elementary

Middle school: 

Booker Middle

High school: 

Booker High

Seller’s Loan History

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

Lender

Morgan Stanley Private Bank Na

Loan start date

October 2020

Original loan amount

$3,340,000

Est. remaining balance

Not provided

Interest rate

2.6%

Loan type

New Conventional, 30 year

Seller

William A Farber and Janice M Farber

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: 02/22/2025 at 12:20 PM

Listing updated: 02/18/2025 at 10:03 AM

Listed by: Peter Laughlin, PREMIER SOTHEBYS INTL REALTY Phone #: (941) 364-4000

MLS: StellarMLS #A4640276

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