7 months on rocket

1429 N Lake Shore Dr, Sarasota, FL, 34231

$5,995,000

5 Bedrooms
5 Full Baths, 2 Partial
4,545 SqFt
$1,319/SqFt
House

Location

Image provided by Mapbox

Property Highlights

Home TypeSingle Family Residence
ParkingDriveway, Guest, Open
Attached Garage3 spaces
Year BuiltNew Const., 2024
HeatingCentral, Electric, Natural Gas
CoolingCentral Air, Zoned
FireplaceElectric, Living Room
Private PoolYes
MLS #A4609533
Lot Size0.44 Acres
StatusActive

About 1429 N Lake Shore Dr

One or more photo(s) has been virtually staged. Under Construction. Welcome to a life of unparalleled luxury in an unrivaled location, where every detail has been meticulously crafted to create a haven of sophistication and comfort. Set within Oyster Bay, just moments from downtown Sarasota and world-renowned beaches, this masterpiece of design and craftsmanship is currently under construction, poised to unveil its grandeur by the end of 2024. From the moment you enter through the iron & hurricane-rated glass front door you are greeted by an abundance of natural light cascading through ten windows above the great room, illuminating the bright and open space. With 5BRs/5BAs and 2 half-bathrooms, as well as multiple storage rooms and a three-car garage, this sprawling single-story home spotlights a gourmet kitchen, which is a culinary enthusiast's dream, designed with a spacious island that seats 6, a walk-in pantry, an induction line for natural gas cooktop, and top-of-the-line appliances, including a 36" Thermador Column refrigerator, 24” Thermador Column freezer, and 24” Thermador Column Full Height Wine Cooler. The open combination kitchen and great room provide the perfect setting for both intimate gatherings and lavish entertaining, while the 74” electric Dimplex fireplace adds a touch of warmth and sophistication. Four 20-foot sliding glass doors lead to the tropical privacy of an expansive rear patio offering the epitome of outdoor living with a full summer kitchen complete with a built-in grill, sink, and below-counter refrigerator and an open deck surrounding a tranquil saltwater pool & spa. Retreat to the luxurious master suite, where you will find a Wet-Style tub with a wood surround, two separate showers, two private water closets and dual split vanities – creating a spa-like oasis for relaxation and rejuvenation. Additional features include engineered oak wood floors throughout, slate & porcelain flooring in the bathrooms, marble accents in showers and installed security systems on all windows and doors. Embrace the essence of Florida living with Florida-friendly landscaping and foliage, all set on a large corner lot in an A-rated school district. Oyster Bay is a stunning, established West of the Trail neighborhood located near the exclusive members-only Field Club, one of the region’s most revered private clubs with marina, tennis, dining and more.

Property Details

Property Features

Property Information:

  • Architectural Style: Custom, Other
  • Year Built: 2024
  • Stories: 1
  • Living Area: 4,545 SqFt

Listing Office:

  • Office Name: COLDWELL BANKER REALTY
  • Office Phone: (941) 383-6411
  • Listing Agent: Ryan Ackerman, PA

Interior Features

Interior Information:

  • Appliances: Oven, Cooktop, Dishwasher, Disposal, Freezer, Refrigerator, Wine Cooler
  • Flooring Type: Hardwood, Tile, Slate
  • Interior: High Ceilings, Kitchen/Family Room Combo, Open Floorplan, Primary Bedroom Main Floor, Solid Surface Counters, Solid Wood Cabinets, Stone Counters, Walk-In Closet(s)
  • Fireplace: Electric, Living Room

Bedroom and Bathroom Information:

  • Partial Bathrooms: 2
  • Full Bathrooms: 5
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • Exterior: Irrigation System, Lighting, Outdoor Grill, Outdoor Kitchen, Private Mailbox, Sliding Doors

Parking Information:

  • Garage Space: 3 spaces
  • Attached Garage: Yes
  • Parking: Driveway, Guest, Open

Lot Features

Lot Information:

  • Lot: Cleared, Corner Lot, Flood Zone, City Lot, Landscaped, Paved
  • Lot Size: 0.44 Acres

Utilities

Utilities Information:

  • Heating: Central, Electric, Natural Gas
  • Cooling: Central Air, Zoned

Other

Directions Information:

  • Directions: US 41 South to Oyster Bay Estates entrance, go West on North Lake Shore Dr. to 1429.

Price Information

Listing Price Info

Price Summary:

  • List Price: $5,995,000
  • Price Per SqFt: $1,319/SqFt

HOA Fees:

  • Amount: $200
  • Frequency: Annually

Tax Information:

  • Annual Amount: $7,132
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Sarasota, FL.

Med. Sold Price

$515.5K

Med. Price/SqFt

$302

Avg. Days On Market

76

# of Sold Homes

297

1429 N Lake Shore Dr vs Sarasota

221 DAYS ON ROCKET

+145 Days

$5,995,000

+$5.4M More

$1,319/SqFt

+$1K More

KEY TAKEAWAY

This property is $5.4M more than the Median Sold Price and $1K/SqFt more than other homes in Sarasota, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MFRMLS
  • MLS Number: #A4609533

Listing Office:

  • Office Name: COLDWELL BANKER REALTY
  • Office Phone: (941) 383-6411
  • Listing Agent: Ryan Ackerman, PA

IDX Listings courtesy of Stellar MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX Copyright 2024 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/17/2024, 10:49:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jul 06, 2004Home Sold
$612,000
Apr 12, 2001Home Sold
$335,000
Nov 07, 1997Home Sold
$225,000

Tax History

YEARPROP. TAXASSESSMENT
2020$7,132$551,079
2019$6,921$538,689
2018$6,783$528,645
2017$6,754$517,772

History based on county public records data.

Payment Calculator

$30K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$18K

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4366319
8
/10
  • Phillippi Shores Elementary School

  • 4747 S Tamiami Trl

  • 0.73 miles

  • Public Magnet Grades PK-5

school-card-donut-4366320
10
/10
  • Southside Elementary School

  • 1901 Webber St

  • 1.25 miles

  • Public District Grades PK-5

school-card-donut-4366321
5
/10
  • Wilkinson Elementary School

  • 3400 Wilkinson Rd

  • 2.28 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $82,337. Residents of Sarasota, FL typically earn between $35k-100k each year. Residents typically live in single, no kids family. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1429 N Lake Shore Dr

What is the listing price of this property?

The listing price of 1429 N Lake Shore Dr property is $5,995,000.

What type of property is this?

The property 1429 N Lake Shore Dr is a house located in Sarasota, Florida, 34231.

Is this property for sale now?

Active Listing: 1429 N Lake Shore Dr is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $7,132 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on July 6, 2004 for $612,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1429 N Lake Shore Dr has 5 bedrooms and 5 full and 2 half bathrooms.

What is the square footage of this property?

The property 1429 N Lake Shore Dr is 4,545 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1429 N Lake Shore Dr is 2024.
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Rocket HomesFloridaSarasota CountySarasota342311429 N Lake Shore Dr

This home is located at 1429 N Lake Shore Dr in Sarasota, FL and zip code 34231 in the Oyster Bay neighborhood. This 4,545 square foot home, which was built in 2024, sits on a 0.44 acre lot. Features: 5 bedrooms, 7 bathrooms. It has been listed on Rocket Homes since May 10, 2024 and is currently priced at $5,995,000.

Over 12 listings were sold over their listed price in November 2024 in Sarasota, FL. In the same period over 237 listings were sold below the listed price and 48 listings were sold for the listed price. In November 2024 in Sarasota, FL there were 9.7% more homes for sale than in October 2024. While the average time on the market in November 2024 was 76 days, the median list price was $515,531.

From Rocket Homes Real Estate and based on county public records data.

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