tomo logo

$1,495,000

Beds
3
Baths
3.0
sq ft
2,026

1501 Ridgewood Ln, Sarasota, FL 34231

1501 Ridgewood Ln

SARASOTA, FL 34231

  • Pending
This canal-front residence offers endless possibilities with its prime position at the “T,” providing long unobstructed views that are simply breathtaking. Surrounded by multimillion-dollar homes, this charming and serene property has been recently updated with new plank tile flooring, cabinetry, and appliances, enhancing its spacious and light-filled ambiance. The location is perfect for those who cherish a beach or boating lifestyle — Siesta Key is just a short drive, bike ride, or walk away. The home features a seawall, 40-foot dock, all installed in 2016, and a 10,000-pound lift (2017) allowing for immediate access to the Intracoastal Waterway and easy access to the Gulf of Mexico. The outdoor space is equally impressive: a large travertine patio area, ideal for family and entertaining, centered on a sparkling heated saltwater pool, constructed in 2016. Inside, the welcoming great room is the heart of the home, seamlessly flowing into a wide-open kitchen equipped with a center island, quartz countertops, and stainless-steel appliances. The owner’s suite offers a stunning backdrop with a spacious design, walk-in closet, and a recently remodeled bath. Additional guest accommodations include a bedroom with an adjacent bath, an office/den, and extra guest quarters with a bath. For added peace of mind, the residence is fitted with impact patio sliders, new metal roof in 2017 and AC in 2021. The outdoor living area is as captivating as the indoors, featuring a large, deep sparkling pool and wraparound decking that showcases sublime bay views, sunsets, and the occasional dolphin and manatee sightings, along with a variety of birds. Please note that the bonus room is being used as a third bedroom. Located near downtown Sarasota, residents can enjoy a vibrant cultural scene filled with arts, opera, ballet, and fine dining. For those seeking an exceptional waterfront lifestyle, this residence truly offers a unique and unparalleled experience.

Details

Property type

Single Family Residence

Est. home value

$1,534,768

Lot size

8,076 sq ft

Price per sq ft

$738

Year built

1957

Annual property taxes

$13,256.91

HOA

No

Price History

01/06/2025
StellarMLS

StellarMLS #A4633323

Pending
$1,495,000
01/03/2025
StellarMLS

StellarMLS #A4633323

Listed
$1,495,000
+116.67%
02/12/2016
StellarMLS

StellarMLS #A4133403

Sold
$690,000

Schools & Community

Elementary school: 

Phillippi Shores Elementary

Middle school: 

Brookside Middle

High school: 

Riverview 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

1St Manatee Bank

Loan start date

November 2016

Original loan amount

$300,000

Est. remaining balance

Not provided

Interest rate

2.8%

Loan type

Commercial, 15 year

Seller

Ian Moulton and Victoria Moulton

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: Pending/Under Contract

Tomo last checked: 01/07/2025 at 2:10 AM

Listing updated: 01/06/2025 at 5:12 PM

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

MLS: StellarMLS #A4633323

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