by Global Lifestyle Properties

See Home Value
$4,830,000
● House - Off Market

495 MCKINLEY DRIVE

SARASOTA, FL 34236
bedrooms
4 Beds
bathrooms
6 Baths, 1 Half Bath
square feet
3,903 Ft²
$27,881
Est. Monthly
0.32%
Cap Rate

About This Property

Welcome to a Tropical Waterfront Oasis on Lido Key!  This magnificent 3,900-square-foot contemporary residence offers a rare opportunity to live in paradise, with breathtaking views of Sarasota Bay and the vibrant downtown skyline from nearly every room. Nestled on an oversized lot in a private, serene setting on South Lido Key, you'll be greeted by lush landscaping and a canopy of mature trees, including two fruit-bearing mango trees and a stately black olive tree, setting the tone for a peaceful retreat that harmoniously blends with nature.  The home boasts a large open floor plan on the first level with expansive windows, soaring 25-foot ceilings, and an abundance of natural light, providing the perfect canvas for your art collection.  Boating enthusiast will be delighted by the 100-foot seawall, private dock for vessels up to 70 feet, and two 10,000 lb. remote controlled lifts (one is a platform for launching kayaks and jet skis).  The yacht-basin is deep water with direct access to the Gulf of Mexico.  Enjoy panoramic water views from the Heated Saltwater Pool & Spa. The first-floor open floor plan features a spacious kitchen with a breakfast Nook and lounge, large great room, dining room and bar offering uninterrupted water views and direct access to the pool deck.  The home has 4 bedrooms and 5.5 baths including a poolside bath.  The Owner's Suite is a private retreat off the main living area with terrace, pool access, marble bath, dual dressing rooms, and an office.  On the upper-level you will find a flex room being used as a Gym and two bedrooms, two baths and loft area accessed by a glass-railing catwalk looking onto unobstructed water views.  On the ground-floor there is an additional guest suite, providing extra space for family and visitors. Abundant storage can be found in the laundry room and large two-car garage that includes a workshop area.   This stunning home is ideal for boating enthusiasts with its unbeatable waterfront location. All windows and doors are either impact glass or have electronic shutters.  Enjoy convenient access to St. Armands Circle, Downtown Sarasota, Lido Beach, the Sarasota Yacht Club, and the Gulf of Mexico-offering you the best of waterfront living in a prime location.  Discover your private paradise where elegance meets the allure of tropical living.
Unit Size
3,903 Ft²
Days on Market
191 days
Land Size
0.35 acres
Price per sqft
$1,332
Property Type
House
Property Taxes
$2,347
HOA Dues
-
Year Built
1993

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Last updated: 2 years ago (Stellar MLS #A4623467)

Price History

Date / Event Date Event Price
Mar 26, 2025 Sold
Sold
Mar 2, 2025 In contract -
In contract
Feb 24, 2025 Price Decreased $5,200,000
↓ $700K (11.9%)
Price Decreased
Dec 3, 2024 Relisted $5,900,000
Relisted
Sep 28, 2024 No longer available -
No longer available
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Property Highlights

Garage
Parking Available
Air Conditioning
With View

Building Info

Overview

    General

  • Year Built: 1993
  • Effective Year Built: 2008
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 6
  • Full Bathrooms: 6
  • Partial Bathrooms: 6
  • Building Condition: 6
  • Building Quality: 1
  • Construction Type: 12
  • Building Style: 0
  • Exterior Walls Type: 12
  • Interior Walls Type: 3
  • Roof Shape Type: 1
  • Roof Cover Type: 4
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 597
  • Parking Space Count: 2
  • Patio Type: 5
  • Porch Type: 102
  • Pool Type: 8
  • Location Influence Type: 69

    Dimensions

  • Lot Size Square Feet: 15,425
  • Total Building Area: 4,500
  • Gross Building Area: 4,500
  • Building Area: 3,903
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 3,903
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LIDO BEACH DIV B PLAT 3
  • Land Acres: 0000000354
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 001
  • Legal Description 1: BEG AT SWLY COR OF BLK 64 TH ELY ALG NLY LINE OF MCKINLEY DR 510 FT FOR POB TH CONT ELY ALONG NLY LINE OF MCKINLEY DR 100 FT TH NLY & AT RIGHT ANGLE TO SAID MCKINLEY DR 160 FT M/L TO WATERS OF YACHT

Neighborhood

  • School District Name: Sarasota County School District
  • School Tax School District: T02 T02D A055
  • Census Tract: 000700

Zoning

  • Zoning: RSF1

Geography

  • Assessors Map Reference: 20
  • Account Number: 2016100014
  • Subdivision Tract Number: 653
  • Parcel: 2016-10-0014
  • Block: 64
  • Lot: 64
  • Meridian: SEC 35 TWN 36S RNG 17E
  • Municipality: CITY OF SARASOTA
  • Latitude: 27.3109
  • Longitude: -82.5698

    Address

  • Full Address: 495 Mckinley Dr
  • Address - House Number: 495
  • Address - Street Name: Mckinley
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Sarasota
  • Carrier Code: C077
  • 4-Digit Zip Code: 2119
  • Zip Code: 34236

Valuation

    Tax

  • Total Area: 4,989
  • Tax Year: 2023
  • Tax Amount: $2,816,559
  • Tax Rate Code Area: 0200

    Appraisal Valuation

  • Standard Deviation: 0.1643
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 79
  • Final Value: 4,568,207
  • High Value: 5,318,831
  • Low Value: 3,817,583

    Market Valuation

  • Market Total Value: $4,554,400
  • Market Land Value: $2,910,800
  • Market Improvement Value: $1,643,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,907,767

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 09, 1998
  • Current Sale Recording Date: Feb 09, 1998
  • Current Sale Price:
  • Current Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: VAR
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 Lido Key


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Frequently Asked Questions

When was property at 495 McKinley Drive built and last sold?
The property at 495 McKinley Drive was built in 1993 and last sold on Feb 9, 1998 for $1,135,000.
How much is this home worth?
The estimated value of the home located at 495 McKinley Drive is $0.
What are some comparable homes to 495 McKinley Drive?
There are currently no comparable homes to 495 McKinley Drive.