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For sale
$6,000,000
4beds
4,964sqft

1516 RIDGEWOOD LANE, SARASOTA, FL 34231

4beds
4,964sqft
Single family residence
Built in 2004
0.29 Acres
3 Attached garage spaces
$1,209 price/sqft

What's special

Newer dockDesigner refrigerationIntegrated securityExpansive terracesMultiple wireless access pointsNew plumbingSophisticated interiors

Some homes are built. Others are envisioned. 1516 Ridgewood is the result of an uncompromising pursuit of excellence—a California Pacific Palisades-inspired waterfront estate where timeless architecture, extraordinary craftsmanship, and Sarasota's coveted boating lifestyle converge into one remarkable residence. Completely reimagined with virtually every surface, system, and space thoughtfully transformed, this exceptional ...

10 days
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3,019
|
105
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Source: Stellar MLS,MLS#: A4701487MLS LogoOriginating MLS: Sarasota - Manatee
Travel times

Family Room

Kitchen

Dining Room

Zillow last checked:

Listing updated:

Listed by:

Natalie Gutwein 941-993-2660,

MICHAEL SAUNDERS & COMPANY 941-951-6660,

Madison Brown 941-773-7660,

MICHAEL SAUNDERS & COMPANY

Source: Stellar MLS,MLS#: A4701487MLS LogoOriginating MLS: Sarasota - Manatee

Facts & features

Interior

Bedrooms & bathrooms
  • Bedrooms: 4
  • Bathrooms: 5
  • Full bathrooms: 4
  • 1/2 bathrooms: 1
Rooms
  • Room types: Den/Library/Office
Primary bedroom
  • Features: Walk-In Closet(s)
  • Level: First
Bedroom 1
  • Features: Built-in Closet
  • Level: First
Bedroom 2
  • Features: Built-in Closet
  • Level: Second
Bedroom 3
  • Features: Built-in Closet
  • Level: Second
Kitchen
  • Level: First
Living room
  • Level: First
Heating
  • Central
Cooling
  • Central Air
Appliances
  • Included: Bar Fridge, Oven, Dishwasher, Disposal, Dryer, Ice Maker, Microwave, Refrigerator, Tankless Water Heater, Washer, Wine Refrigerator
  • Laundry: Laundry Room
Features
  • Smart Home, Split Bedroom, Stone Counters, Thermostat, Walk-In Closet(s), Wet Bar
  • Flooring: Other
  • Doors: Outdoor Grill, Outdoor Kitchen
  • Has fireplace: No
Interior area
  • Total structure area: 6,520
  • Total interior livable area: 4,964 sqft
Video & virtual tour

Property

Parking
  • Total spaces: 3
  • Parking features: Electric Vehicle Charging Station(s), Garage Door Opener, Split Garage
  • Attached garage spaces: 3
Features
  • Levels: Two
  • Stories: 2
  • Exterior features: Irrigation System, Outdoor Grill, Outdoor Kitchen, Rain Gutters
  • Has private pool: Yes
  • Pool features: In Ground
  • Has spa: Yes
  • Spa features: In Ground
  • Has view: Yes
  • View description: Water, Bay/Harbor - Full
  • Has water view: Yes
  • Water view: Water,Bay/Harbor - Full
  • Waterfront features: Bay/Harbor, Bay/Harbor Access, Bridges - No Fixed Bridges
  • Body of water: SARASOTA BAY
Lot
  • Size: 0.29 Acres
  • Features: In County
  • Residential vegetation: Mature Landscaping
Details
  • Parcel number: 0106010051
  • Zoning: RSF2
  • Special conditions: None

Construction

Type & style
  • Home type: SingleFamily
  • Architectural style: Coastal,Contemporary
  • Property subtype: Single Family Residence
Materials
  • Stucco
  • Foundation: Slab
  • Roof: Metal
Condition
  • Completed
  • New construction: No
  • Year built: 2004

Utilities & green energy

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

Community & HOA

Community
  • Security: Security System
  • Pet fee: $0 monthly
  • Subdivision: AQUALANE ESTATES 3RD
HOA
  • Has HOA: No
Location
  • Region: Sarasota

Financial & listing details

  • Price per square foot: $1,209/sqft
  • Tax assessed value: $2,284,500
  • Annual tax amount: $27,503
  • Date on market: 8/6/2026
  • Cumulative days on market: 8 days
  • Ownership: Fee Simple
  • Total actual rent: 0
  • Electric utility on property: Yes
  • Road surface type: Paved

Price history

DateEventPrice
8/6/2026Listed for sale$6,000,000+183.7%$1,209/sqft
Source: Stellar MLS #A4701487 Report a problem
1/28/2025Sold$2,115,000+163346.7%$426/sqft
Source: Stellar MLS #O6263589 Report a problem
6/18/2024Sold$1,294-100%
Source: Public Record Report a problem
5/10/2024Listing removed--
Source: Zillow Rentals Report a problem
4/21/2024Listed for rent$5,997-14.3%$1/sqft
Source: Zillow Rentals Report a problem
1/18/2024Listing removed--
Source: Zillow Rentals Report a problem
1/5/2024Price change$6,997-12.5%$1/sqft
Source: Zillow Rentals Report a problem
12/28/2023Listed for rent$7,997+100.1%$2/sqft
Source: Zillow Rentals Report a problem
11/28/2018Listing removed$3,997$1/sqft
Source: Bright Realty Report a problem
11/18/2018Listed for rent$3,997-33.4%$1/sqft
Source: Bright Realty Report a problem
8/21/2018Listing removed$5,997$1/sqft
Source: Key Realty Report a problem
7/20/2018Listed for rent$5,997$1/sqft
Source: Key Realty Report a problem
1/3/2007Sold$3,150,000+28.6%$635/sqft
Source: Public Record Report a problem
7/1/2004Sold$2,450,000+233.3%$494/sqft
Source: Public Record Report a problem
11/1/2002Sold$735,000$148/sqft
Source: Public Record Report a problem

Public tax history

YearProperty taxesTax assessment
2025$27,504 -1.6%$2,284,500 +4.2%
2024$27,945 -2.6%$2,192,226 +10%
2023$28,700 +7.3%$1,992,933 +10%
2022$26,749 +23.3%$1,811,757 +10%
2021$21,701 +8.7%$1,647,052 +10%
2020$19,955 +12.6%$1,497,320 +10%
2019$17,727 $1,361,200 -5.3%
2018$17,727 -5.2%$1,437,100 -3.7%
2017$18,707 +1.5%$1,493,000 +5.3%
2016$18,432 $1,417,500 +3.1%
2015$18,432 +14.5%$1,374,500 +16%
2014$16,102 -5.5%$1,184,832
2013$17,046 +8%$1,184,832 +10%
2012$15,789 +15.1%$1,077,120 +10%
2011$13,717 -10.2%$979,200 -7.9%
2010$15,269 -36.8%$1,063,000 -32.4%
2009$24,151 $1,571,900 -16.3%
2008$24,151 -17.5%$1,878,400 -16%
2007$29,262 $2,237,300 +18.3%
2006-- $1,891,865 +3.1%
2005-- $1,835,500 +142.9%
2004$11,227 +18.1%$755,700 +22.1%
2003$9,511 +184.6%$619,000 +187%
2002$3,342 +2.8%$215,650 +1.6%
2001$3,250 +2.8%$212,254 +3%
2000$3,160 $206,072

Find assessor info on the county website

Monthly payment

Est. payment
$36,239/mo
Principal & interest
$29889
Property taxes
$6350
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Estimated market value

Not available

Estimated sales range

Not available

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Climate risks

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Neighborhood: 34231

Nearby schools

Phillippi Shores Elementary School
Grades PK-51.7 miles
9/10
GreatSchools® Rating
Test Score Rating
9/10
Student Progress Rating
9/10
Brookside Middle School
Grades 6-82.8 miles
6/10
GreatSchools® Rating
Test Score Rating
6/10
Student Progress Rating
6/10
Riverview High School
Grades PK,9-121.7 miles
7/10
GreatSchools® Rating
Test Score Rating
6/10
College Readiness Rating
8/10
Student Progress Rating
6/10