Despite selling at a $3 million discount, the $16.5 million sale of a waterfront mansion on a barrier island south of Sarasota, Florida, tied for the most expensive deal in the county.
The sale of the five-bedroom, seven-bathroom residence on Casey Key sold for the same amount as the previous record holder, the sale of a classical-style mansion in late 2020, according to the Multiple Listing Service. But the Casey Key deal, which closed on Wednesday, was the priciest property in the ZIP Code, selling at about 46% more than the next most expensive home there.
Sitting on 3.5 acres, the home offers 20 feet of frontage on the Gulf of Mexico and more than 1,000 of frontage on Blackburn Bay, on the other side of the property. It was originally listed in February for $19.9 million, Mansion Global reported.
“The ultra-luxury market in the Greater Sarasota [region] is fully engaged as evidenced by the quick sale of this perfectly curated property on Casey Key,” listing agent Joel Schemmel of Premier Sotheby’s International Realty said in an email. “Buyers from around the country are discovering the incredible lifestyle opportunities available in the Sarasota area.”
A complete restoration was recently finished at the Casey Key property, which now boasts an open layout that maximizes water views and indoor-outdoor living, dual offices, a chef’s kitchen and a primary suite that takes up an entire wing of the house, according to the listing.
The grounds feature landscaped gardens and lawns, an Olympic-size saltwater pool, a spa and a bocce ball court, the listing said. There’s also a 10-car drive-through garage, a fully integrated Lutron smart-home lighting, security and fire detection system, and a guest house with more than 1,000 square feet of covered outdoor entertainment areas.
“We call it ‘the party pavilion,’” Mr. Schemmel told Mansion Global in February.
The agent declined to comment on the identity of the buyers. The records are not yet publicly available.
The sellers, who were not available for comment, purchased the property in 2014 for $2.94 million, records from PropertyShark show.
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May 04, 2021 at 02:10AM
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Once Sarasota’s Most Expensive Listing, a Waterfront Estate Ties for Record Sale Price - Mansion Global
"expensive" - Google News
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