tomo logo

$1,550,000

Beds
5
Baths
4.0
sq ft
3,914

7429 Sanderling Rd, Sarasota, FL 34242

7429 Sanderling Rd

SARASOTA, FL 34242

  • <1 day on market
What a rare and incredible chance to create your dream home in Sanderling Club on Siesta Key! This 1.5-acre waterfront property is nestled among lush, mature trees along the waters of Heron Lagoon, offering an unparalleled setting for your private oasis. While the main home was impacted by the last hurricane and is not livable, the true value lies in the land and its breathtaking surroundings. This is a prime opportunity to design and build a custom residence that complements the natural beauty of this exceptional location. Please note: The main home is unsafe to enter and will likely require removal. In the meantime, the charming guest house provides over 1,000 square feet of comfortable living space, complete with a full bath and an eat-in kitchen—perfect for staying on-site while you build. A four-car garage adds both convenience and ample storage. Beyond the property, the exclusive amenities of the Sanderling Club elevate the lifestyle experience. Enjoy private beach access, boat docks, tennis and pickleball courts, and the stunning clubhouse designed by renowned architect Paul Rudolph. This is a rare chance to own a piece of paradise and craft a home that blends luxury with the natural beauty of Siesta Key. Schedule your private tour today!

Details

Property type

Single Family Residence

Est. home value

$3,270,513

Lot size

1.52 acres

Price per sq ft

$397

Year built

1961

Annual property taxes

$30,867

Monthly HOA fee

$450

Price History

01/29/2025
StellarMLS

StellarMLS #A4636962

Listed
$1,550,000
-36.08%
05/07/2021
StellarMLS

StellarMLS #A4491430

Sold
$2,425,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Gated, Clubhouse, Tennis Court(s)

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

Chase Manahttan Mtg Corp

Loan start date

August 2002

Original loan amount

$1,100,000

Est. remaining balance

Not provided

Interest rate

6.71%

Loan type

Commercial

Seller

Curtis L Smith Jr and Mary Carol Smith

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: 01/30/2025 at 1:20 PM

Listing updated: 01/30/2025 at 6:52 AM

Listed by: Daria Fairchild, COLDWELL BANKER REALTY Phone #: (941) 366-8070

MLS: StellarMLS #A4636962

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