by Global Lifestyle Properties

See Home Value
$2,350,000
● House - Off Market

1281 Tree Bay LANE

SARASOTA, FL 34242
bedrooms
3 Beds
bathrooms
5 Baths, 1 Half Bath
square feet
4,616 Ft²
$2,787,678
RealtyHop Estimate
11.51%
Since Dec 1, 2021
National-US
Primary Model

About This Property

Experience the essence of waterfront island living from this tropical Siesta Key home, located on Sarasota Bay with deeded beach access. Tucked away on the quieter south end of the key, the secluded island setting is completely private with mature plantings and sweeping water views. Custom-built to reflect a Key West meets Nantucket style, you will be enchanted by the coastal personality and open floorplan across three levels- with your own elevator to whisk you from space-to-space. Connected to the family room, a delightfully-sized kitchen allows you to play host or everyday chef with equal parts grace, and features on-trend cabinetry, gleaming countertops and appliances. A beautifully detailed living and dining room provide the ideal settings for entertaining. Retreat to the master suite, where views of the bay invite you to soak in the waterside surroundings over your morning latte. The master bath offers a soaking tub and separate shower – all with water views. Upstairs you'll find two bedrooms with Jack and Jill bath, billiard/ media room, and office/exercise room with amazing views. Florida living is all about the outdoors, and this property simply dazzles with its resort-style pool and spa, covered dining space, and beautiful dock with kayak launch. You'll appreciate the five-car garage and deeded beach access or head to Siesta Beach. Start living the island life at its meant to be. Just over the bridge you'll find the endless arts and culture of Sarasota.
Unit Size
4,616 Ft²
Days on Market
134 days
Land Size
0.34 acres
Price per sqft
$542
Property Type
House
Property Taxes
$1,483
HOA Dues
$21
Year Built
1998

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Last updated: 3 years ago (Stellar MLS #A4505720)

Price History

Date / Event Date Event Price
Nov 17, 2021 Sold
Sold
Jul 1, 2021 Listed by MICHAEL SAUNDERS & COMPANY $2,500,000
Listed by MICHAEL SAUNDERS & COMPANY
Jan 6, 1995 Sold
Sold

Property Highlights

Air Conditioning
Garage
With View
Elevator
Fireplace

Building Info

Overview

    General

  • Year Built: 1998
  • Effective Year Built: 2004
  • Building Count: 1
  • Total Rooms: 12
  • Bedroom Count: 4
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Condition: 6
  • Building Quality: 1
  • Construction Type: 12
  • Building Style: 0
  • Exterior Walls Type: 19
  • Interior Walls Type: 3
  • Roof Shape Type: 8
  • Roof Cover Type: 4
  • Floor Count: 300
  • Living Units: 1
  • Floor Cover: 15
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 1,590
  • Parking Space Count: 0
  • Patio Type: 5
  • Porch Type: 102
  • Pool Type: 8
  • Location Influence Type: 69

    Dimensions

  • Lot Size Square Feet: 14,677
  • Total Building Area: 5,994
  • Gross Building Area: 5,994
  • Building Area: 4,404
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 4,404
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: TORTOISE ESTATES
  • Land Acres: 0000000337
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 001
  • Legal Description 1: LOT 32 TORTOISE ESTATES

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: 0129090033
  • Subdivision Tract Number: 1955
  • Parcel: 0129-09-0033
  • Lot: 32
  • Meridian: SEC 32 TWN 37S RNG 18E
  • Municipality: SARASOTA COUNTY
  • Latitude: 27.2204
  • Longitude: -82.5145

    Address

  • Full Address: 1281 Tree Bay Ln
  • Address - House Number: 1281
  • 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: 5,112
  • Tax Year: 2023
  • Tax Amount: $3,433,547
  • Tax Rate Code Area: 1892

    Appraisal Valuation

  • Standard Deviation: 0.1687
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 78
  • Final Value: 3,144,448
  • High Value: 3,675,081
  • Low Value: 2,613,814

    Market Valuation

  • Market Total Value: $2,914,700
  • Market Land Value: $1,239,500
  • Market Improvement Value: $1,675,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,914,700
  • Assessed Land Value: $1,239,500
  • Assessed Improvements Value: $1,675,200

    Sales

  • Current Sale Contract Date: Nov 12, 2021
  • Current Sale Recording Date: Nov 17, 2021
  • Current Sale Price:
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 2021208380
  • Previous Sale Recording Date: Jan 06, 1995
  • Previous Sale Contract Date: Jan 03, 1995
  • Previous Sale Amount: $220,000
  • Previous Sale Document Type: 27
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 1281 Tree Bay Lane built and last sold?
The property at 1281 Tree Bay Lane was built in 1998 and last sold on Nov 12, 2021 for $2,350,000.
How much is this home worth?
The estimated value of the home located at 1281 Tree Bay Lane is $2,518,167.
What are some comparable homes to 1281 Tree Bay Lane?
There are currently no comparable homes to 1281 Tree Bay Lane.