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Sarasota Development Firm Lists $16.99 Million Siesta Key Home

Michelle Kellett by Michelle Kellett
August 18, 2022
in Business ☆ Finance
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Sarasota Development Firm Lists $16.99 Million Siesta Key Home
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Seaward Development, a Sarasota-based boutique property development firm specializing in the highest quality single-family homes, luxury condominiums and commercial properties, has listed an exceptional custom gulf front residence on Siesta Key for $16.99 million (MLS#A4537883). It is currently the most unique and expensive home on the market on Siesta Key, a world-renowned waterfront community with award-winning white sand beaches. The residence, under construction now, will boast stunning views, an eight-car garage, sky roof terrace and a guest house.

From the same developer who built the 18-floor Epoch condominium in downtown Sarasota, the custom home will feature roughly 7,460 air-conditioned square feet, plus a 1,530-square-foot guest house and a 1,500-square-foot rooftop terrace. The home, located at 4136 Higel Avenue in Sarasota, is situated on nearly one acre of waterfront land overlooking Big Pass, with views of the Gulf of Mexico and Lido Beach Park.

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“There are 10 homes on the market now on our local islands (Casey Key, Lido Key and Longboat Key) and in downtown Sarasota priced over $10 million, and we expect this incredible property to sell quickly with the new buyer still able to customize some of the high-end interior finish work,” said Patrick DiPinto, Seaward Development broker and principal. “The market here in southwest Florida continues to flourish as a similar home nearby recently closed for $17.5 million.”

The nationally recognized design team of DSDG Architects was commissioned to create a modern sanctuary that embraces the Florida lifestyle. The site design meets the latest hurricane safety codes while still maintaining a clear connection to the land with minimal steps from the lanai to the exceptional custom pool with infinity edge that drops off into a gulf front expansive view.

Car enthusiasts will love garage parking for up to eight vehicles above sea level, with the ability to add four car lifts to accommodate a total of 16 cars. The home, being built at the highly sought-after address on Higel Avenue, has five en-suite oversized bedrooms, five full bathrooms and two and a half bathrooms, a two-bedroom, two-bathroom guest house, office, theater, gym and game rooms, heated salt chlorinated pool, spa and outdoor fire pit at the water’s edge, plus an outdoor kitchen, and a private gated entry that opens to a motor court with entry to the guest house and extra parking for visitors. A concrete entry privacy wall along Higel Avenue will be provided with custom access control and lighting will create a true sense of arrival.

The home will also include a gourmet kitchen with professional-grade German appliances and custom Italian cabinetry, a great room with 20-foot ceilings, a feature wall with electric fireplace and 10-foot sliding glass doors that create a seamless transition between the interior and exterior spaces.

Michelle Kellett

Michelle Kellett

Deputy Editor, Investing and Corporate News

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