6 months on rocket

1137 N Lake Shore Dr, Sarasota, FL, 34231

$8,950,000

6 Bedrooms
6 Full Baths, 1 Partial
6,462 SqFt
$1,385/SqFt
House
Schools Nearby

Location

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Property Highlights

Home TypeSingle Family Residence
ParkingGarage Door Opener, Golf Cart Parking, Tandem, Workshop in Garage
Attached Garage6 spaces
Year Built2004
HeatingCentral
CoolingCentral Air
WaterfrontBay
FireplaceLiving Room
ViewWater
Private PoolYes
MLS #A4585703
Lot Size0.46 Acres
StatusActive

About 1137 N Lake Shore Dr

This unique gated waterfront estate is situated on a private cul-de-sac in one of the most coveted neighborhoods in Sarasota, Oyster Bay. This home blends definitive architectural features and exquisite finishes that create a remarkable yet comfortable lifestyle. The impressive open floor plan offers generous spaces and cherry hardwood flooring throughout. The elegant foyer opens to a stately, formal living area with a marble fireplace. The chef’s kitchen offers custom cabinetry and Viking appliances. The kitchen is contiguous with the family room, making it a perfect setting for family get-togethers. Butler’s pantry and wet bar are added features to the living area. The wood-paneled library/office also offers a coffered ceiling and is conveniently located on the main living level.Primary suite offers a tranquil setting with exceptional water views, generous closet space, and a spacious bath with separate vanities and travertine marble flooring. The second level offers 4 en-suite bedrooms ,one of which is a second primary; all have exceptional water views and doors opening to a generous sized balcony. This remarkable home also boasts a ground-level garage with six-car parking, elevator access to all levels, ample storage space, and a guest suite with living room and its own large sized terrace above the garage. The property offers extraordinary water views of the Siesta and Ringling bridges and beyond on all levels, bringing a relaxed atmosphere perfect for entertaining family and guests. The exemplary outdoor living space with over 141 of water frontage is designed for relaxation and entertaining, with a fully equipped summer kitchen, several sitting areas, a heated pool, a spa, and a tiki hut to pass the day away. For the water enthusiast, the property offers a dock and two boat lifts for boating and kayaking. This residence exudes an exceptional lifestyle and is located minutes from pristine beaches, vibrant Southside Village, and downtown Sarasota, offering fine dining, charming boutiques, and abundant cultural arts and entertainment venues.

Property Details

Property Features

Property Information:

  • Architectural Style: Mediterranean, Traditional
  • Year Built: 2004
  • Stories: 3
  • Living Area: 6,462 SqFt

Listing Office:

  • Office Name: MICHAEL SAUNDERS & COMPANY
  • Office Phone: (941) 951-6660
  • Listing Agent: Nora Johnson

Interior Features

Interior Information:

  • Appliances: Bar Fridge, Oven, Dishwasher, Disposal, Dryer, Freezer, Ice Maker, Microwave, Range, Range Hood, Refrigerator, Washer, Wine Cooler
  • Flooring Type: Wood
  • Interior: Built-in Features, Crown Molding, Eat-in Kitchen, Elevator, High Ceilings, Kitchen/Family Room Combo, Living Room/Dining Room Combo, Primary Bedroom Main Floor, Open Floorplan, Solid Surface Counters, Solid Wood Cabinets, Stone Counters, Walk-In Closet(s), Wet Bar, Window Treatments
  • Fireplace: Living Room

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 6
  • Total Bedroom Count: 6

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • Waterfront: Bay
  • View: Water
  • Exterior: Garden, Irrigation System, Outdoor Grill, Outdoor Kitchen, Sliding Doors

Parking Information:

  • Garage Space: 6 spaces
  • Attached Garage: Yes
  • Parking: Garage Door Opener, Golf Cart Parking, Tandem, Workshop in Garage

Lot Features

Lot Information:

  • Lot: Landscaped, Private
  • Lot Size: 0.46 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Riverview High School, Public Magnet Grades 9-12
  • Brookside Middle School, Public District Grades 6-8
  • Phillippi Shores Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: US 41 to Field Road, west to Camino Real, north to North Lakeshore Drive, west to 1137 N. Lakeshore Drive.

Price Information

Listing Price Info

Price Summary:

  • List Price: $8,950,000
  • Price Per SqFt: $1,385/SqFt

HOA Fees:

  • Amount: $200
  • Frequency: Annually

Tax Information:

  • Annual Amount: $37,728
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$513.2K

Med. Price/SqFt

$305

Avg. Days On Market

62

# of Sold Homes

531

1137 N Lake Shore Dr vs Sarasota

196 DAYS ON ROCKET

+134 Days

$8,950,000

+$8.4M More

$1,385/SqFt

+$1K More

KEY TAKEAWAY

This property is $8.4M 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: #A4585703

Listing Office:

  • Office Name: MICHAEL SAUNDERS & COMPANY
  • Office Phone: (941) 951-6660
  • Listing Agent: Nora Johnson

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.

Note: Any Compensation information or listing brokers offer of compensation displayed is only applicable to other member participants of the source MLS.

Last updated on: 4/27/2024, 10:19:18 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jun 21, 2010Home Sold
$3,050,000
Dec 18, 2003Home Sold
$4,150,000
Oct 17, 2001Home Sold
$1,400,000
Apr 29, 1998Home Sold
$650,000

Tax History

YEARPROP. TAXASSESSMENT
2020$37,728$2,921,153
2019$36,707$2,855,477
2018$36,065$2,802,235
2017$35,770$2,744,598

History based on county public records data.

Payment Calculator

$44.7K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$26.8K

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.

Elementary School

school-card-donut-1167695
8
/10
  • Phillippi Shores Elementary School

  • 4747 S Tamiami Trl

  • 0.93 miles

  • Public District Grades PK-5

Middle School

school-card-donut-1167696
5
/10
  • Brookside Middle School

  • 3636 S Shade Ave

  • 1.27 miles

  • Public District Grades 6-8

High School

school-card-donut-1167697
6
/10
  • Riverview High School

  • 1 Ram Way

  • 1.53 miles

  • Public Magnet Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $82,337. The majority of Sarasota, FL residents have income between $35k-100k annually. The majority of families are single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1137 N Lake Shore Dr

What is the listing price of this property?

The listing price of 1137 N Lake Shore Dr property is $8,950,000.

What type of property is this?

The property 1137 N Lake Shore Dr is a house located in Sarasota, Florida, 34231.

Is this property for sale now?

Active Listing: 1137 N Lake Shore Dr is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 1137 N Lake Shore Dr are:
Phillippi Shores Elementary School: GreatSchools Rating 8/10
Brookside Middle School: GreatSchools Rating 5/10
Riverview High School: GreatSchools Rating 6/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $37,728 (source: MLS/based on county public records data).

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

The last sale was on June 21, 2010 for $3,050,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1137 N Lake Shore Dr has 6 bedrooms and 6 full and 1 half bathrooms.

What is the square footage of this property?

The property 1137 N Lake Shore Dr is 6,462 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1137 N Lake Shore Dr is 2004.
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Rocket HomesFloridaSarasota CountySarasota342311137 N Lake Shore Dr

This home is located at 1137 N Lake Shore Dr in Sarasota, FL and zip code 34231 in the Oyster Bay neighborhood. This 6,462 square foot home, which was built in 2004, sits on a 0.46 acre lot. Features: 6 bedrooms, 7 bathrooms. It has been listed on Rocket Homes since October 13, 2023 and is currently priced at $8,950,000.

In March 2024 more than 30 listings in Sarasota, FL were sold above the asking price. During the same period more than 87 listings were sold at asking price, while more than 414 were sold below. In March 2024 in Sarasota, FL there were 3.8% more homes for sale than in February 2024. The median list price of listings available in March 2024 was $513,207, while the average time on the real estate market was 62 days.

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

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