tomo logo

$4,950,000

Beds
5
Baths
5.0
sq ft
5,161

1624 Stanford Ln, Sarasota, FL 34231

1624 Stanford Ln

SARASOTA, FL 34231

  • 176 days on market
    • Price drop $250,000↓
Experience the epitome of waterfront luxury living in this stunning two-story canal-front pool home showcasing a harmonious blend of indoor and outdoor space. This impressive home is a boating enthusiast’s dream located approximately 150’ from Sarasota Bay and minutes to the Gulf of Mexico. Upon arriving at the expanded paver brick circular drive, entering through the glass front double doors prepare to be captivated by soaring ceilings and generous open spaces offering fabulous views of the canal, infinity pool and tropical setting. Elegant touches throughout this custom-built smart home include mahogany flooring throughout, crown molding, plantation shutters, Lutron lighting and a fully integrated Sonos Sound System The expansive living area was made for entertaining, and wine connoisseurs will delight in the glass-front wine closet, together with a separate dry bar, wine refrigerator and serving area. Stepping into the oversized kitchen, cooking enthusiasts will be delighted with two separate islands (one with seating for two), the generous amount of cabinetry and countertop space, the oversized walk-in pantry and high-end appliances. Extending from the kitchen is the dining area, filled with natural light surrounded by oversized windows and two sets of glass front double doors leading to the outdoor pool area. Meandering back through the living area, enjoy watching movies in style in the media room, which includes a mounted TV with sound bar and beverage fridge. Continuing on the first level, the expansive Owner’s suite is a luxurious retreat boasting tray ceilings, two walk-in closets, glass front double doors opening to the pool deck, and a large en-suite bath with walk-in shower, spa tub, dual vanities, and water closet with bidet. From the main living area, a beautiful wooden staircase leads to the second level, where three ensuite guest rooms await, one of which features a balcony overlooking the canal and pool area. A fourth guest room (currently used as a workout room), an office, and a separate half-bath complete the second level. The rooms are connected by a beautiful walkway offering captivating outdoor views. Winding back downstairs, the outside living area combines three levels of canal and bay vistas. The first level opens from the living, kitchen and dining area, onto a large travertine deck, with heated infinity pool and spa overlooking the canal. The lower level deck boasts a 16K lb sling boat lift, newer dock area with water, electricity, and plentiful space along the paver deck for dining, casual seating and enjoying the oblong gas firepit. The second deck level promotes entertaining in style with the stand-alone summer kitchen featuring bar seating, double drawer refrigeration, beverage fridge, ice maker, dishwasher, gas grill, burner, sink, pizza oven and a drop-down TV to complete your outdoor oasis. Nestled on the north side of the summer kitchen is an area filled with astro-turf, surrounded by lush landscaping and a fence leading to the front drive. Additional features of this home include an interior laundry room on the first level, an expanded two-car garage with additional storage, and two exterior storage sheds. This home is ideally located moments away from Siesta Key and it's world-renowned beaches, and within close proximity to downtown Sarasota, incredible shopping and dining, and myriad cultural attractions. Experience serene and seamless indoor/outdoor living in this stunning waterfront oasis.

Details

Property type

Single Family Residence

Est. home value

$3,447,065

Lot size

0.37 acres

Price per sq ft

$960

Year built

2015

Annual property taxes

$23,410

HOA

No

Price History

07/24/2024
StellarMLS

StellarMLS #A4610670

Price change
$4,950,000
-4.81%
07/12/2024
StellarMLS

StellarMLS #A4610670

Price change
$5,200,000
-7.56%
05/22/2024
StellarMLS

StellarMLS #A4610670

Listed
$5,625,000
+167.86%

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

Suntrust Mortgage Inc

Loan start date

August 2005

Original loan amount

$1,028,800

Est. remaining balance

Not provided

Interest rate

5.75%

Loan type

Fannie Mae/Freddie Mac, 30 year

Seller

Thomas J Marino and Lucy S Marino

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: 11/14/2024 at 11:15 AM

Listing updated: 11/07/2024 at 11:06 AM

Listed by: Judy Wright, PA, MICHAEL SAUNDERS & COMPANY Phone #: (941) 907-9595

MLS: StellarMLS #A4610670

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