by Global Lifestyle Properties

See Home Value
$3,355,000
● House - Off Market

1241 Tree Bay LANE

SARASOTA, FL 34242
bedrooms
5 Beds
bathrooms
6 Baths, 1 Half Bath
square feet
7,343 Ft²
$19,080
Est. Monthly
$21
HOA / Fees
0.71%
Cap Rate

About This Property

Nestled on the desirable quiet south end of Siesta Key is this lovely 3 story home.  When you walk through the front gates you immediately hear the calming sounds of water from a nearby water feature. You step inside the front door and your eyes are drawn to the top of the winding staircase that leads to the second floor.  Once you reach the top of those stairs, you want to look at the large dining room with its table seating 12 or the grandness of the living room with the vaulted ceiling and fireplace but the wall of windows has grabbed your attention.  Like a giant piece of artwork, the Little Sarasota Bay and ICW are displayed for your daily view.  You immediately start thinking of all the fun activities you can do...boating, jet skiing, paddle boarding, fishing...all right there for your enjoyment.  When all this sinks in, you start to look at the inside surroundings.  The openness and flow from the dining room or living into the kitchen brings thoughts of parties and family gatherings.  The kitchen, which has two Wolff convection ovens, a cooktop with hood, Subzero refrigerator, Scotsman ice machine, and instant hot water dispenser brings out your inner chef!.  Off of the kitchen is a cozy family room.  There is a bathroom just off the family room which is connected to a large bedroom with walk in closet.  The second floor also has the laundry room and a half bath.  Take the stairs or elevator just outside of the laundry room up to the Primary level.  There you will find a massive bedroom with a sitting area overlooking the balcony pool and the bay.  Not one, but two primary bathrooms are on this floor along with two walk in closets, one of which is so large any fashionista would love to call it their own.  Now let's explore the first floor where you will find a huge great room with multi-sliders that open up to indoor/outdoor living.   You will look out into a beautifully lush oasis with a lagoon style pool.  Off of the great room is a bedroom with an en suite bathroom that also serves as the pool bath with an entrance from outside.  The split floor plan has a library with two bedrooms and a bath on the opposite side of the house with access to the pool from the library.  There are multiple decks at this home for you to sit back and relax.  There is a dock that has electricity and water and a 10,000 lb lift for your boat.  And if you're feeling like a stroll, walk over to the deeded access beach and enjoy a sunset or two.  Paradise awaits, come and see for yourself.
Unit Size
7,343 Ft²
Days on Market
192 days
Land Size
0.35 acres
Price per sqft
$463
Property Type
House
Property Taxes
$2,369
HOA Dues
$21
Year Built
1984

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Last updated: 3 years ago (Stellar MLS #O6162161)

Price History

Date / Event Date Event Price
Jun 14, 2024 Sold
Sold
Feb 11, 2024 In contract -
In contract
Jan 7, 2024 Relisted $3,399,000
Relisted
Dec 8, 2023 In contract -
In contract
Dec 5, 2023 Listed by CHARLES RUTENBERG REALTY ORLANDO $3,399,000
Listed by CHARLES RUTENBERG REALTY ORLANDO
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Property Highlights

Garage
Elevator
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1984
  • Effective Year Built: 1999
  • Building Count: 1
  • Total Rooms: 12
  • Bedroom Count: 5
  • Bathroom Count: 6
  • Full Bathrooms: 5
  • Partial Bathrooms: 6
  • Building Condition: 6
  • Building Quality: 1
  • Construction Type: 17
  • Building Style: 0
  • Exterior Walls Type: 12
  • Interior Walls Type: 3
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 300
  • Living Units: 1
  • Floor Cover: 15
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 810
  • Parking Space Count: 3
  • Patio Type: 5
  • Porch Type: 102
  • Pool Type: 8
  • Location Influence Type: 69

    Dimensions

  • Lot Size Square Feet: 15,446
  • Total Building Area: 8,153
  • Gross Building Area: 8,153
  • Building Area: 7,343
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 7,343
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: TORTOISE ESTATES
  • Land Acres: 0000000355
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 001
  • Legal Description 1: LOT 27 TORTOISE ESTATES 32-37-18-05-00/ 27

Neighborhood

  • School District Name: Sarasota County School District
  • School Tax School District: L018 W190 A055
  • Census Tract: 001909

Zoning

  • Zoning: RSF1

Geography

  • Assessors Map Reference: 29C
  • Account Number: 0129090028
  • Subdivision Tract Number: 1955
  • Parcel: 0129-09-0028
  • Lot: 27
  • Meridian: SEC 32 TWN 37S RNG 18E
  • Municipality: SARASOTA COUNTY
  • Latitude: 27.2216
  • Longitude: -82.5151

    Address

  • Full Address: 1241 Tree Bay Ln
  • Address - House Number: 1241
  • Address - Street Name: Tree Bay
  • Address - Suffix Type: Ln
  • State: FL
  • City Name: Sarasota
  • Carrier Code: C033
  • 4-Digit Zip Code: 3846
  • Zip Code: 34242

Valuation

    Tax

  • Total Area: 9,141
  • Tax Year: 2023
  • Tax Amount: $2,842,360
  • Tax Rate Code Area: 1892

    Appraisal Valuation

  • Standard Deviation: 0.1753
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 77
  • Final Value: 3,112,684
  • High Value: 3,658,530
  • Low Value: 2,566,838

    Market Valuation

  • Market Total Value: $2,574,700
  • Market Land Value: $1,363,900
  • Market Improvement Value: $1,210,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,574,700
  • Assessed Land Value: $1,363,900
  • Assessed Improvements Value: $1,210,800

    Sales

  • Current Sale Contract Date: Jan 31, 2018
  • Current Sale Recording Date: Jan 31, 2018
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2018013328
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Tortoise Estates


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Frequently Asked Questions

When was property at 1241 Tree Bay Lane built and last sold?
The property at 1241 Tree Bay Lane was built in 1984 and last sold on Jan 31, 2018 for $1,820,000.
How much is this home worth?
The estimated value of the home located at 1241 Tree Bay Lane is $0.
What are some comparable homes to 1241 Tree Bay Lane?
There are currently no comparable homes to 1241 Tree Bay Lane.