1 year on rocket

1250 Hidden Harbor Way, Sarasota, FL, 34242

$8,995,000

5 Bedrooms
5 Full Baths, 1 Partial
7,506 SqFt
$1,198/SqFt
House
Schools Nearby

Location

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway, Garage Door Opener, Ground Level, Split Garage, Tandem
Attached Garage5 spaces
Year Built2002
HeatingElectric
CoolingCentral Air
WaterfrontBay
ViewPool, Water
Private PoolYes
MLS #A4565141
Lot Size0.55 Acres
StatusActive

About 1250 Hidden Harbor Way

Experience the epitome of waterfront living at 1250 Hidden Harbor Way, Siesta Key, FL, a custom-built sanctuary where coast elegance meets timeless serenity. Nestled on a private, peninsula lot, the home has sweeping bay views all the way to the Sarasota skyline, with 409 ft. of water frontage, offering 280-degree unobstructed water views. This lavish 5 bed, 5 1/2 bath residence boasts 7,506 sq ft under air, a 5-car garage that includes an additional several thousand sq ft of finished space and sits on over half an acre of lush grounds. Embrace the boating lifestyle with direct access to the sparkling waters of Sarasota Bay from your secluded deepwater dock, discreetly tucked away and equipped with two boat lifts. The outdoor haven features a gated entrance, newly painted exterior (2023), natural seawall, terraced yard, infinity pool with spa, waterfall, and slide, several large outdoor terraces with a summer kitchen sporting a brand new grill. Inside, some of the amenities you'll find are cathedral ceilings, Lutron lighting system, speaker system, built-in cabinetry features, crown molding, solid core doors, an electric/hydraulic 3-stop elevator, and a security system. The newly painted main living space is completed surrounded with bay views and is comprised of a living room with cathedral ceilings, dining room, a two-story office with loft, art niches, a gourmet kitchen with butcher block island, custom cabinetry and top-of-the-line appliances, a family room, theater room, and large laundry room with loads of storage. The primary suite features a private terrace, with dual walk-in closets and a spa-like bath with marble floors and countertops, a free-standing soaking tub, dual vanities, glass walled double shower and two water closets. On the upper level, you’ll find 4 generous bedrooms. Each has ensuite custom tiled baths and spacious walk-in closets. Three of the bedrooms have views of the bay, and the other has its view overlooking the front yard from a private alcove. Additional highlights include a crow’s nest reading/yoga room with 280-degree bay views, enormous non-conforming space, 5-car split garage with ample storage, 600 sq ft exercise center, and hobby craft room. The bayfront infinity pool with fiber optic lighting, an outdoor 'cave' shower, rock water slide, and heated spa. Just two miles from the world-renowned Siesta Key Beach, you'll find yourself drawn to the powdery white sands and azure waters that have made this locale one of the most sought-after destinations in the world. The exclusive location of this magnificent property allows for easy access to the vibrant dining, shopping, and cultural experiences that Sarasota has to offer. Yet, it retains the tranquility and privacy that one would expect from a sophisticated coastal retreat, providing the perfect balance of luxury and leisure. SELLER FINANCING AVAILABLE. **Subject to credit qualification and lender approval.

Property Details

Property Features

Property Information:

  • Architectural Style: Custom, Key West
  • Year Built: 2002
  • Living Area: 7,506 SqFt

Listing Office:

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

Interior Features

Interior Information:

  • Appliances: Oven, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Flooring Type: Carpet, Ceramic Tile, Vinyl
  • Interior: Built-in Features, Ceiling Fans(s), Central Vaccum, Crown Molding, Elevator, High Ceilings, Solid Wood Cabinets, Split Bedroom, Thermostat, Tray Ceiling(s), Vaulted Ceiling(s), Walk-In Closet(s)

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 5
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • Waterfront: Bay
  • View: Pool, Water
  • Exterior: Balcony, French Doors, Irrigation System, Lighting, Outdoor Grill, Outdoor Kitchen, Private Mailbox, Sliding Doors

Parking Information:

  • Garage Space: 5 spaces
  • Attached Garage: Yes
  • Parking: Driveway, Garage Door Opener, Ground Level, Split Garage, Tandem

Virtual/3D Tour

  • Virtual Tour: 1250 Hidden Harbor Way

Virtual Tour

Lot Features

Lot Information:

  • Lot: Corner Lot, Flood Zone, Oversized Lot, Dead End Street, Paved, Tip Lot
  • Lot Size: 0.55 Acres

Utilities

Utilities Information:

  • Heating: Electric
  • Cooling: Central Air

School Info

Assigned Schools Information:

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

Other

Directions Information:

  • Directions: From S Tamiami Trl (US-41), turn right onto Siesta Dr. Left onto Higel Ave. Left onto Midnight Pass Rd. Left onto Hidden Harbor Way. Another slight left onto Hidden Harbor Way. Home is straight ahead at the end of road.

Price Information

Listing Price Info

Price Summary:

  • List Price: $8,995,000
  • Price Per SqFt: $1,198/SqFt

HOA Fees:

  • Amount: $1200
  • Frequency: Semi-Annually

Tax Information:

  • Annual Amount: $40,679
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$519K

Med. Price/SqFt

$306

Avg. Days On Market

56

# of Sold Homes

593

1250 Hidden Harbor Way vs Sarasota

398 DAYS ON ROCKET

+342 Days

$8,995,000

+$8.4M More

$1,198/SqFt

+$891 More

KEY TAKEAWAY

This property is $8.4M more than the Median Sold Price and $891/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: #A4565141

Listing Office:

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

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: 5/2/2024, 6:19:35 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

Sep 02, 2005Home Sold
$5,600,000
Apr 28, 2000Home Sold
$1,295,000
Sep 16, 1998Home Sold
$840,000

Tax History

YEARPROP. TAXASSESSMENT
2020$40,679$3,198,279
2019$39,559$3,123,664
2018$38,902$3,065,421
2017$38,773$3,002,371

History based on county public records data.

Payment Calculator

$45.1K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$27K

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-4913128
8
/10
  • Phillippi Shores Elementary School

  • 4747 S Tamiami Trl

  • 1.34 miles

  • Public District Grades PK-5

Middle School

school-card-donut-4913129
5
/10
  • Brookside Middle School

  • 3636 S Shade Ave

  • 2.04 miles

  • Public District Grades 6-8

High School

school-card-donut-4913130
4
/10
  • Sarasota High School

  • 1000 S School Ave

  • 3.30 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $109,115. The majority of Sarasota, FL residents have income between $100k-200k annually. Most families are married, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1250 Hidden Harbor Way

What is the listing price of this property?

The listing price of 1250 Hidden Harbor Way property is $8,995,000.

What type of property is this?

The property 1250 Hidden Harbor Way is a house located in Sarasota, Florida, 34242.

Is this property for sale now?

Active Listing: 1250 Hidden Harbor Way is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 1250 Hidden Harbor Way are:
Phillippi Shores Elementary School: GreatSchools Rating 8/10
Brookside Middle School: GreatSchools Rating 5/10
Sarasota High School: GreatSchools Rating 4/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $40,679 (source: MLS/based on county public records data).

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

The last sale was on September 2, 2005 for $5,600,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1250 Hidden Harbor Way has 5 bedrooms and 5 full and 1 half bathrooms.

What is the square footage of this property?

The property 1250 Hidden Harbor Way is 7,506 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1250 Hidden Harbor Way is 2002.
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Rocket HomesFloridaSarasota CountySarasota342421250 Hidden Harbor Way

This home is located at 1250 Hidden Harbor Way in Sarasota, FL and zip code 34242 in the Siesta Key neighborhood. This 7,506 square foot home, which was built in 2002, sits on a 0.55 acre lot. Features: 5 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since March 31, 2023 and is currently priced at $8,995,000.

In April 2024 more than 41 listings in Sarasota, FL were sold above the asking price. During the same period more than 90 listings were sold at asking price, while more than 462 were sold below. The number of homes for sale in Sarasota, FL decreased by 1.8% between March 2024 and April 2024. In April 2024, listings were on the market for 56 days. During the same period, the median list price in this real estate market was $519,031.

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

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