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$2,650,000

Beds
5
Baths
5.5
sq ft
4,783

370 Sugar Mill Dr, Osprey, FL 34229

370 Sugar Mill Dr

OSPREY, FL 34229

  • 5 days on market
**TIMELESS ELEGANCE! METICULOUSLY MAINTAINED, ARCHITECTURAL GEM FEATURES MANY RECENT UPDATES/UPGRADES** Built by BARON Construction, one of Sarasota’s Finest Custom Builders, this Spectacular Estate features 5-BEDS, 5 FULL and 1 HALF BATHS, PLUS expansive formal dining room, eat in kitchen area, Office and BONUS Den/Media /Flex room; separate laundry room, sizeable storage and a 3-Car Garage. Situated on a nearly half acre lot with circular driveway and wonderful curb appeal, this Stunning Residence backs up to Historic Spanish Point while situated just steps away from Little Sarasota Bay waters in the Tranquil West End of the highly sought after Bayside neighborhood within The Oaks Country Club community. Defined spaces are adorned with remarkable attributes including high ceilings, custom designed plaster moldings, impressive wood paneling and build-ins and wainscoting, marble and hardwood floors, cozy fireplace, a beautiful “Light and Bright” Gourmet Kitchen, an Elegant and Spacious Primary Bedroom Suite with exceptionally appointed primary bath(s), closet space and much more! Accessed by separate staircases are two private second floor wings with: a second primary (potential in-law or au pair) on the south side and 3 bedrooms/2 baths and a delightful balcony on the north side. French doors from multiple rooms lead to an expansive screened/enclosed lanai with generous covered entertaining area, a large, Heated, Saltwater Pool & Spa. Retractable awnings and NEW Outdoor Grill. NEW HVAC (4 out of 5 units New since 2023), NEW ROOF (2020). Comprehensive LIST OF IMPROVEMENTS (since 2023) is available upon request. THE OAKS is a distinguished, 24hr Guarded, Country Club Community which boasts many accolades including: Platinum Club of America, Emerald Club of the World, Elite Distinguished Club of the World and One of America’s Healthiest Clubs - where amenities include Three Restaurants, Ballroom, Two 18-hole championship GOLF courses, award-winning RACQUETS program with 12 Har-Tru Hydro-Grid TENNIS courts, 4 PICKLEBALL Courts, wonderful CROQUET facility, state-of-the-art FITNESS center and junior Olympic, heated community SWIMMING POOL, Bocce, Basketball Court, Playground and more! The Oaks is just minutes from nationally ranked Pine View School, the Legacy Bike Trail, area Beaches and all that Gulf Coast living has to offer. Membership is required and there is NO WAITLIST for GOLF or SOCIAL Membership.

Details

Property type

Single Family Residence

Est. home value

$2,301,748

Lot size

0.46 acres

Price per sq ft

$555

Year built

1996

Annual property taxes

$14,376.17

HOA fee

$2,850

Price History

01/17/2025
StellarMLS

StellarMLS #A4636184

Listed
$2,650,000
+16.48%
05/15/2023
StellarMLS

StellarMLS #A4551185

Sold
$2,275,000
+75%
02/12/2021
StellarMLS

StellarMLS #A4485913

Sold
$1,300,000
+8.33%

Schools & Community

Elementary school: 

Laurel Nokomis Elementary

Middle school: 

Sarasota Middle

High school: 

Venice Senior High

Community features: 

Gated, Clubhouse, Fitness Center, Golf, Playground, Pool, Restaurant, Tennis Court(s)

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

$653,834
Asking price
$2,650,000
Closing costs (~8% of asking)
-$212,000
Est. remaining loan balance
-$1,784,166
Cash to seller
$653,834

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

Seller’s Loan History

Lender

Wells Fargo Bank Na

Loan start date

May 2023

Original loan amount

$1,820,000

Est. remaining balance

$1,784,166

Interest rate

6.32%

Loan type

New Conventional, 30 year

Seller

Julie Domenick and Julie Domenick Revocable Trust

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: 01/22/2025 at 2:50 AM

Listing updated: 01/18/2025 at 1:56 PM

Listed by: Mark Lyda, GENEROUS PROPERTY Phone #: (941) 275-9399

MLS: StellarMLS #A4636184

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