7 months on rocket

Sale Pending

1514 S Lake Shore Dr, Sarasota, FL, 34231

$1,790,000

Home List Price

$10,000*

Closing Credit

3 Bedrooms
3 Full Baths
2,430 SqFt
$737/SqFt
House
Schools Nearby

Location

Image provided by Mapbox

Get An Agent. Get A Mortgage.

Save BIG.

Rocket Homes logo

1514 S Lake Shore Dr, Sarasota$1,790,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

Rocket Homes logo

Still Have Questions? Contact Us.

Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence
ParkingCircular Driveway, Garage Door Opener, On Street, Open
Attached Garage2 spaces
Year Built1953
HeatingCentral, Heat Pump
CoolingCentral Air
FireplaceLiving Room, Wood Burning
ViewGarden, Pool
Private PoolYes
MLS #A4579921
Lot Size0.34 Acres
StatusSale Pending
(Pending)

About 1514 S Lake Shore Dr

One or more photo(s) has been virtually staged. Nestled on one-third of an acre in the picturesque West of Trail community of Oyster Bay Estates, this captivating one-of-a-kind home combines striking artisan and architectural details with elegant charm and comfort inside and out. The 2,430-SF residence features a clay tile roof, Mexican tile floors, carved stone fireplace mantel and surround, hand-painted tile accents, hand-painted sinks, and hand-made clay sconces and pendants. Natural wood baseboards, cabinetry, ceiling beams and plantation shutters infuse the home with warmth, and Andersen windows protected by decorative stay-in-place shutters provide peace of mind. An enchanting front yard and entry courtyard set the tone for the home’s distinctive interior, boasting thoughtfully selected appointments and finishes details throughout. Well-connected main living spaces, including the kitchen, dining, and living areas, and screened lanai are perfect for entertaining. The stunning kitchen includes custom wood cabinetry, fossil marble countertops and high-end appliances, including a Fisher & Paykel dual-fuel range with side-by-side ovens. The kitchen opens to the spacious living and dining areas, where walls of glass transition to an expansive, private outdoor sanctuary surrounded by flourishing tropical landscaping. The lanai features a 40’x14’ heated pool, stone columns, generous covered spaces with wood ceilings for dining and entertaining, and an open deck overlooking the tranquil scenery and fenced backyard. A sumptuous private retreat awaits in the lovely owners’ suite, featuring a cathedral ceiling with exposed wood beams and trapezoid windows over sliding glass doors to the pool. A charming hallway – with windows and a door to a courtyard garden on one side – flows past two walk-in closets and the master bathroom with dual vanities and a large walk-in shower. Two 16’x11’ bedrooms provide comfortable, private quarters for overnight guests. This amazing home is just down the road from the exclusive Field Club, close to shopping and dining, and a few miles to Siesta Beach and downtown Sarasota.

Property Details

Property Features

Property Information:

  • Architectural Style: Custom, Florida
  • Year Built: 1953
  • Stories: 1
  • Living Area: 2,430 SqFt

Listing Office:

  • Office Name: MICHAEL SAUNDERS & COMPANY
  • Office Phone: (941) 349-3444
  • Listing Agent: Michael Hays

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Exhaust Fan, Freezer, Range, Range Hood, Refrigerator, Tankless Water Heater, Washer, Water Filtration System
  • Flooring Type: Carpet, Tile
  • Interior: Built-in Features, Ceiling Fans(s), Eat-in Kitchen, Living Room/Dining Room Combo, Primary Bedroom Main Floor, Open Floorplan, Skylight(s), Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Stone Counters, Thermostat, Vaulted Ceiling(s), Walk-In Closet(s), Wet Bar
  • Fireplace: Living Room, Wood Burning

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • View: Garden, Pool
  • Exterior: French Doors, Hurricane Shutters, Irrigation System, Lighting, Outdoor Grill, Private Mailbox, Rain Gutters

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Circular Driveway, Garage Door Opener, On Street, Open

Lot Features

Lot Information:

  • Lot: Landscaped, Paved
  • Lot Size: 0.34 Acres

Utilities

Utilities Information:

  • Heating: Central, Heat Pump
  • 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: South on Camino Real to the roundabout at South Lakeshore. Second home on the right going East on South Lakeshore.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,790,000
  • Price Per SqFt: $737/SqFt

Tax Information:

  • Annual Amount: $5,264
  • Tax Year: 2020
House and calculator

What can I afford?

Understand what home price range makes sense for your budget.

Housing Market Comparison

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

Map thumbnail provided by MapBox

Sarasota, FL

City

Med. Sold Price

$513.2K

Med. Price/SqFt

$305

Avg. Days On Market

62

# of Sold Homes

531

1514 S Lake Shore Dr vs Sarasota

233 DAYS ON ROCKET

+171 Days

$1,790,000

+$1.2M More

$737/SqFt

+$432 More

KEY TAKEAWAY

This property is $1.2M more than the Median Sold Price and $432/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: #A4579921

Listing Office:

  • Office Name: MICHAEL SAUNDERS & COMPANY
  • Office Phone: (941) 349-3444
  • Listing Agent: Michael Hays

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, 11:19:18 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

Nov 21, 2002Home Sold
$460,000
Nov 17, 1997Home Sold
$317,200

Tax History

YEARPROP. TAXASSESSMENT
2020$5,264$397,922
2019$5,101$388,976
2018$4,993$381,723
2017$4,970$373,872

History based on county public records data.

Payment Calculator

$9,001

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,433

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-1184806
8
/10

  • Phillippi Shores Elementary School

  • 4747 S Tamiami Trl

  • 0.59 miles

  • Public District Grades PK-5

Middle School

school-card-donut-1184807
5
/10

  • Brookside Middle School

  • 3636 S Shade Ave

  • 1.14 miles

  • Public District Grades 6-8

High School

school-card-donut-1184808
6
/10

  • Riverview High School

  • 1 Ram Way

  • 1.19 miles

  • Public Magnet Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $82,337. Most Sarasota, FL residents have annual incomes between $35k-100k. 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 1514 S Lake Shore Dr

What is the listing price of this property?

The listing price of 1514 S Lake Shore Dr property is $1,790,000.

What type of property is this?

The property 1514 S Lake Shore Dr is a house located in Sarasota, Florida, 34231.

Is this property for sale now?

Sale Pending: 1514 S Lake Shore Dr is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.

What are the assigned schools for this property?

The assigned schools for 1514 S 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 $5,264 (source: MLS/based on county public records data).

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

The last sale was on November 21, 2002 for $460,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1514 S Lake Shore Dr has 3 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 1514 S Lake Shore Dr is 2,430 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1514 S Lake Shore Dr is 1953.

Rocket Homes›Florida›Sarasota County›Sarasota›34231›1514 S Lake Shore Dr

This home is located at 1514 S Lake Shore Dr in Sarasota, FL and zip code 34231 in the Oyster Bay neighborhood. This 2,430 square foot home, which was built in 1953, sits on a 0.34 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since September 06, 2023 and is currently priced at $1,790,000.

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. Between February 2024 and March 2024, Sarasota, FL real estate market has seen increase in the number of listings by 3.8%. In March 2024 median list price was $513,207 and the average listing age was 62 days.

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

More Resources