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Off market
  • $3,215,400

    1281 Tree Bay Ln, Sarasota, FL 34242

    3beds
    4,616sqft
    SingleFamily
    Built in 1998
    0.34 Acres Lot
    $3,215,400 Zestimate®
    $697/sqft
    $-- Estimated rent

    Home value

    $3,215,400

    $2.86M - $3.60M

    Not available

    Zestimate® history
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    What's special

    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.

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 5
    • Full bathrooms: 4
    • 1/2 bathrooms: 1
    Heating
    • central, Electric, Gas
    Cooling
    • Central
    Appliances
    • Included: Dishwasher, Garbage disposal, Microwave, Range / Oven, Refrigerator, Washer
    • Laundry: Inside, Laundry Room
    Features
    • Ceiling Fans(s), Master Bedroom Downstairs, Split Bedroom, Vaulted Ceiling(s), Walk-In Closet(s), Window Treatments, Eating Space In Kitchen, Kitchen/Family Room Combo, Wet Bar, Built in Features, Stone Counters, Elevator
    • Flooring: Carpet, Hardwood
    • Windows: Window Treatments, Blinds, Shutters
    • Has fireplace: Yes
    • Fireplace features: Family Room, Gas
    Interior area
    • Total interior livable area: 4,616 sqft

    Property

    Parking
    • Total spaces: 5
    • Parking features: Garage, Open
    Features
    • Levels: One
    • Patio & porch: Covered, Deck, Front Porch, Rear Porch, Wrap Around
    • Exterior features: Vinyl
    • Pool features: Outside Bath Access, In Ground
    • Has spa: Yes
    • Spa features: In Ground
    • Has view: Yes
    • View description: Water
    • Has water view: Yes
    • Water view: Water
    Lot
    • Size: 0.34 Acres
    • Features: In County, Street Paved, Street Private, FloodZone
    • Residential vegetation: Mature Landscaping, Trees/Landscaped
    Details
    • Parcel number: 0129090033
    • Zoning: RSF1

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Custom
    Materials
    • masonry
    • Foundation: Piling
    • Roof: Tile
    Condition
    • Completed
    • Year built: 1998

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Public, Cable Connected, Electricity Connected, Sewer Connected, Natural Gas Connected

    Community & HOA

    Community
    • Subdivision: TORTOISE ESTATES
    HOA
    • Has HOA: Yes
    • HOA fee: $25 monthly
    Location
    • Region: Sarasota

    Financial & listing details

    • Price per square foot: $697/sqft
    • Tax assessed value: $2,870,800
    • Annual tax amount: $34,171

    Price history

    DateEventPrice
    2/27/2024Listing removed$2,500,000+6.4%$542/sqft
    Source: Stellar MLS #A4505720 Report a problem
    11/17/2021Sold$2,350,000-6%$509/sqft
    Source: Public Record Report a problem
    10/13/2021Pending sale$2,500,000$542/sqft
    Source: Michael Saunders & Company #A4505720 Report a problem
    10/9/2021Listed for sale$2,500,000$542/sqft
    Source: Michael Saunders & Company #A4505720 Report a problem
    10/8/2021Pending sale$2,500,000-3.8%$542/sqft
    Source: Stellar MLS #A4505720 Report a problem
    10/8/2021Listed for sale$2,600,000$563/sqft
    Source: Stellar MLS #A4505720 Report a problem
    10/4/2021Pending sale$2,600,000$563/sqft
    Source: Stellar MLS #A4505720 Report a problem
    7/28/2021Price change$2,600,000-5.5%$563/sqft
    Source: Stellar MLS #A4505720 Report a problem
    7/1/2021Listed for sale$2,750,000-8.2%$596/sqft
    Source: Stellar MLS #A4505720 Report a problem
    3/12/2021Listing removed--
    Source: Michael Saunders & Company Report a problem
    1/22/2021Listed for sale$2,995,000$649/sqft
    Source: Stellar MLS #A4489273 Report a problem
    6/2/2020Listing removed$2,995,000$649/sqft
    Source: MICHAEL SAUNDERS & COMPANY #A4462039 Report a problem
    3/6/2020Listed for sale$2,995,000+1261.4%$649/sqft
    Source: MICHAEL SAUNDERS & COMPANY #A4462039 Report a problem
    1/6/1995Sold$220,000$48/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$34,171 -8%$2,870,800 -8.1%
    2024$37,137 +8.2%$3,122,900 +10.8%
    2023$34,335 +10.7%$2,818,090 +10%
    2022$31,005 +75.5%$2,561,900 +79.5%
    2021$17,671 -0.7%$1,427,181 +1.4%
    2020$17,797 +2.9%$1,407,476 +2.3%
    2019$17,304 $1,375,832 +1.9%
    2018$17,304 +1.8%$1,350,179 +2.1%
    2017$17,006 -0.9%$1,322,408 -21.8%
    2016$17,159 $1,690,600 +22%
    2015$17,159 $1,385,500 +2.4%
    2014$17,159 -8.4%$1,353,032
    2013$18,738 +2.7%$1,353,032 +1.7%
    2012$18,243 +4.7%$1,330,415 +3%
    2011$17,428 -1.4%$1,291,665 +1.5%
    2010$17,669 +10.3%$1,272,576 +2.7%
    2009$16,020 $1,239,120 +0.1%
    2008$16,020 +1.4%$1,237,882 +3%
    2007$15,793 $1,201,827 +2.5%
    2006-- $1,172,514 +3%
    2005-- $1,138,363 +3%
    2004$16,726 -1.3%$1,105,207 +1.9%
    2003$16,939 +2.8%$1,084,600 +2.4%
    2002$16,481 +7.5%$1,059,180 +1.6%
    2001$15,328 +8.9%$1,042,500 +12.4%
    2000$14,072 $927,100
    Find assessor info on the county website

    Neighborhood: 34242

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Phillippi Shores Elementary
    • Middle: Brookside Middle
    • High: Sarasota High

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $3,215,400
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $3,215,400