tomo logo

$1,700,000

Beds
4
Baths
3.0
sq ft
3,304

8500 Candlewood Ct, Sarasota, FL 34240

8500 Candlewood Ct

SARASOTA, FL 34240

  • 1 day on market
This exceptional Mediterranean waterfront residence was constructed in 2022 and offers an unmatched luxury active living experience. Set on a .22-acre lakefront lot in the gated community of Worthington, this home features four bedrooms, three bathrooms, 3300 square feet and occupies a unique corner lot of a peninsula cul-de-sac, showcasing stunning panoramic water views. Designed to exemplify the ideal Florida lifestyle, this home is perfect for effortless indoor-outdoor entertaining, boasting an open floor plan that seamlessly integrates living spaces with the outdoors. The interior design, celebrated in Rob & Stucky magazine, showcases a beautiful blend of contemporary, coastal, organic, modern design. As you enter, you are welcomed by soaring ceilings and an abundance of natural light, enhanced by stylish wood plank tile flooring. The formal dining room features an impressive coffered ceiling, accented by Wayne's molding on the main wall and sophisticated light fixtures. The spacious living room includes a built-in electric fireplace surrounded by modern white stone, completing its elegant appearance. Living room flows seamlessly into the gourmet kitchen, a culinary enthusiast's dream, outfitted with quartz countertops, stainless steel appliances, a built-in oven, a gas cooktop, and ample cabinetry for storage. A butler's pantry, ideal for a coffee bar, along with a walk-in pantry, adds convenience. The eye-catching backsplash extends up the wall, enriching the overall design, while the open breakfast bar is illuminated by chic pendant lighting. The dinette area offers a cozy spot to enjoy meals while taking in picturesque views through large windows. A multi-functional bonus room can serve as a game room, media center and there is also a home office/den to take advantage of. The primary bedroom retreat features his-and-her walk-in closets, blackout shades, and a luxurious ensuite bathroom designed as a spa-like oasis, complete with split vanities, a soaking tub, and a walk-in shower fitted with a rain showerhead. There are 3 additional well-appointed bedrooms in which 2 rooms share a Jack and Jill bathroom. Step outside to your private oasis through expansive sliding glass doors that lead to a screened-in paver patio. Dive into the refreshing pool or relax in the heated spa while soaking in the serene water views. The built-in outdoor kitchen allows for convenient meal preparation in the open air. The three-car garage is equipped with ceiling storage, heavy-duty built-in cabinetry, and epoxy flooring for added convenience. The home boasts impressive curb appeal with a paver driveway, lush landscaping, a stone-accented exterior, a glass front door, and a stone tile roof. Additional features include electric blinds, built in wine chiller, a reverse osmosis water system, a water softener system, a natural gas generator, and so much more! Beyond the remarkable attributes of this home, its location is equally enticing. Enjoy the outdoors with a seashell walking trail that winds through the community. The gated Worthington community is conveniently located near downtown Sarasota, I-75, Tampa, St. Petersburg, the UTC shopping district, and the stunning beaches of Siesta Key, Lido Key, Longboat Key, and Anna Maria Island. With low HOA fees and no CDD, this is an exceptional opportunity to acquire an extraordinary piece of real estate that embodies the essence of Florida living at its best. Come experience this remarkable home for yourself!

Details

Property type

Single Family Residence

Est. home value

$1,342,456

Lot size

9,834 sq ft

Price per sq ft

$515

Year built

2022

Annual property taxes

$9,595.11

Monthly HOA fee

$203

Price History

01/21/2025
StellarMLS

StellarMLS #O6267112

Listed
$1,700,000
+30.77%
09/28/2023
StellarMLS

StellarMLS #T3457744

Sold
$1,300,000

Schools & Community

Elementary school: 

Tatum Ridge Elementary

Middle school: 

McIntosh Middle

High school: 

Booker High

Community features: 

Gated

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

$557,167
Asking price
$1,700,000
Closing costs (~8% of asking)
-$136,000
Est. remaining loan balance
-$1,006,833
Cash to seller
$557,167

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

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

September 2023

Original loan amount

$1,020,000

Est. remaining balance

$1,006,833

Interest rate

6.96%

Loan type

New Conventional, 30 year

Seller

George J Arcos and Kimberly K Arcos

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 5:15 PM

Listing updated: 01/22/2025 at 10:12 AM

Listed by: Jason Buelow, RE/MAX ASSURED Phone #: (800) 393-8600

MLS: StellarMLS #O6267112

StellarMLS logo

Recently listed in SARASOTA