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$725,000

Beds
4
Baths
3.0
sq ft
2,400

5790 Spider Lily Cir, Sarasota, FL 34238

5790 Spider Lily Cir

SARASOTA, FL 34238

  • 2 days on market
Welcome to Arbor Lakes on Palmer Ranch, where convenience meets community living with NO CDD FEE! Nestled on a small dead-end street, this stunning corner-lot home offers 4 bedrooms, 3 full bathrooms, a den/study/office, and 2,400 square feet of well appointed living space. With the exterior recently painted in February 2023, the home radiates a fresh and modern appeal, which is further enhanced by upgraded landscaping featuring a retaining wall that adds to the curb appeal. Step inside to an open floor plan outfitted with engineered hardwood floors, crown molding, upgraded baseboards, 8 ft doors and multiple tray ceilings. The heart of the home is a beautifully designed kitchen with Cambria quartz countertops, diamond shaped marble backsplash, under cabinet lighting, a large island, GE stainless steel appliances, butler pantry with mini-fridge, walk-in pantry and ample 42" white shaker cabinetry with crown molding—perfect for hosting family and friends. The adjacent living and dining areas are inviting and versatile, and feature built-in cabinetry & shelving, making it easy to personalize your space. Retreat to your generously sized primary suite, complete with a fully customized closet system maximizing wardrobe space. The luxurious en-suite bathroom features dual vanities, a soaking tub, and a frameless glass enclosed walk-in shower. The 3 additional guest bedrooms provide comfort and privacy, with each featuring their own custom closet systems, while the den/study offers a quiet space for work or relaxation. The privacy fenced backyard has plenty of room for a pool and currently features a screened lanai & spacious yard—ideal for the pets & kids. Arbor Lakes provides resort-style amenities, including a sparkling swimming pool and spa, pirate-themed playground, splash pad, basketball and sand volleyball courts, fire pit, dog park, and a covered pavilion with gas grills, wet bar, and restrooms. Whether you're seeking an active lifestyle or a place to unwind, this community has it all. Located in the highly sought-after Palmer Ranch area, you'll enjoy proximity to top-rated schools, convenient access to I-75, shopping, dining, and the best beaches in Florida. This home perfectly combines luxury and a vibrant community atmosphere. Don’t miss your chance to own this exceptional property—schedule your private showing today!

Details

Property type

Single Family Residence

Est. home value

$685,107

Lot size

8,594 sq ft

Price per sq ft

$303

Year built

2017

Annual property taxes

$4,036.16

Monthly HOA fee

$192.67

Price History

01/03/2025
StellarMLS

StellarMLS #A4634145

Listed
$725,000
+85.56%
12/19/2017
StellarMLS

StellarMLS #A4204896

Sold
$390,704

Schools & Community

Elementary school: 

Ashton Elementary

Middle school: 

Sarasota Middle

High school: 

Riverview High

Community features: 

Playground, Pool, Sidewalks

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

$363,006
Asking price
$725,000
Closing costs (~8% of asking)
-$58,000
Est. remaining loan balance
-$303,994
Cash to seller
$363,006

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

Seller’s Loan History

Lender

The Equitable Mortgage Corp

Loan start date

January 2021

Original loan amount

$333,800

Est. remaining balance

$303,994

Interest rate

2.71%

Loan type

New Conventional, 30 year

Seller

Derek J Patti and Katherine L Patti

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: 01/05/2025 at 9:20 AM

Listing updated: 01/04/2025 at 4:36 PM

Listed by: Derek Patti, PLLC, NEXTHOME EXCELLENCE Phone #: (941) 893-4505

MLS: StellarMLS #A4634145

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