A True Island Estate…This picture perfect home is located in The Exclusive Cocoanut Bayou neighborhood. An intimate community with estate sized parcels, deep water docks, canopy lined streets and even a gated private beach. This home was redesigned by Clifford Schultz and could be featured in House Beautiful. The gated parcel is almost 2/3 of an acre, complete with mature tropical landscaping. The home features an oversized Chicago brick motor court with a 3 car side entry garage. The custom wood detailing throughout includes mahogany entry doors, crown moldings, cased impact windows, shiplap ceilings, wainscoting, custom built-ins and more. A gourmet kitchen with Campbell Custom Cabinetry featuring a butler’s pantry, a beverage station, Wolf appliances and an entertaining island complete with additional seating. The main house has a foyer gallery wall, soaring ceilings, picture perfect views, a Holiday sized living room, a coveted great room, a morning room, a private office, as well as a spectacular Owner’s suite…. all located on the first living level. The owner’s suite has a large sitting area, a spa inspired bathroom and 2 walk-in closets. The second floor has a hobby room, 3 ensuites and a flex room. The guest house above the garage has a kitchenette, a great room and an ensuite with private entrance in close proximity to the main home. The outdoor veranda is complete with kitchen, dining and living areas. The mesmerizing views of the Bayou are ever changing, a kaleidoscope of nature … you will see dolphin, manatee, area fish and seabirds, mangroves and much more. A resort style pool with travertine pavers, a separate spa, a large garden, and 2 boat docks complete this waterfront lifestyle. Cocoanut Bayou is minutes to Siesta village for shopping, dining and Siesta’s world-famous beach. You are close to downtown Sarasota which is known for its cultural significance. The opera, orchestra, ballet, symphony, performing arts center, art galleries are all at your disposal. Shop, dine or just enjoy the city that embraces it all. Sarasota County really has something for everyone. Selby Botanical Gardens, Mote Marine Aquarium, several nature parks, bike trails, water sports, Polo, sport venues, multiple Universities and the list goes on. Don’t wait to discover this unique opportunity … It will not last long.
Sold for $10,350,000
$10,350,000
241 CEDAR PARK CIRCLE, SARASOTA, FL 34242
5beds
6,838sqft
Single Family Residence
Built in 1998
0.64 Acres Lot
$9,589,600 Zestimate®
$1,514/sqft
$5,931 Estimated rent
Home value
$9,589,600
$8.53M - $10.74M
$5,931/mo
Zestimate® history
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List your homeWhat's special
Resort style poolOutdoor verandaGated private beachEntertaining islandMahogany entry doorsCoveted great roomPicture perfect views
Zillow last checked:
Listing updated:
Listed by:
Tammy Garner 941-374-4161,
COLDWELL BANKER REALTY 941-366-8070
Bought with:
Steve Wexler, 0204586
PREMIER SOTHEBY'S INTERNATIONAL REALTY
Source: Stellar MLS,MLS#: A4621775
Originating MLS: Sarasota - Manatee
Originating MLS: Sarasota - Manatee
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 8
- Full bathrooms: 5
- 1/2 bathrooms: 3
Rooms
- Room types: Bonus Room, Den/Library/Office, Family Room, Living Room, Utility Room
Primary bedroom
- Features: En Suite Bathroom, Walk-In Closet(s)
- Level: First
- Dimensions: 16x19
Bedroom 1
- Features: En Suite Bathroom, Walk-In Closet(s)
- Level: First
- Dimensions: 15x15
Bedroom 2
- Features: En Suite Bathroom, Walk-In Closet(s)
- Level: Second
- Dimensions: 14x17
Bedroom 3
- Features: En Suite Bathroom, Walk-In Closet(s)
- Level: Second
- Dimensions: 15x17
Bonus room
- Features: No Closet
- Level: Second
- Dimensions: 18x24
Florida room
- Features: Wet Bar
- Level: First
- Dimensions: 21x36
Kitchen
- Features: Stone Counters
- Level: First
- Dimensions: 14x29
Living room
- Level: First
- Dimensions: 21x24
Office
- Features: En Suite Bathroom
- Level: First
- Dimensions: 12x15
Office
- Level: Second
- Dimensions: 11x11
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Bar Fridge, Oven, Cooktop, Dishwasher, Disposal, Dryer, Ice Maker, Microwave, Range, Range Hood, Refrigerator, Tankless Water Heater, Washer, Water Filtration System, Wine Refrigerator
- Laundry: Laundry Room
Features
- Built-in Features, Ceiling Fan(s), Coffered Ceiling(s), Crown Molding, High Ceilings, Kitchen/Family Room Combo, Primary Bedroom Main Floor, Solid Wood Cabinets, Split Bedroom, Stone Counters, Walk-In Closet(s), Wet Bar
- Flooring: Carpet, Engineered Hardwood, Porcelain Tile, Travertine, Hardwood
- Doors: Outdoor Grill, Outdoor Kitchen, Sliding Doors
- Windows: Thermal Windows, Window Treatments
- Has fireplace: No
- Fireplace features: Electric, Family Room
Interior area
- Total structure area: 9,550
- Total interior livable area: 6,838 sqft
Property
Parking
- Total spaces: 3
- Parking features: Garage Faces Side, Guest, Off Street
- Attached garage spaces: 3
Features
- Levels: Two
- Stories: 2
- Patio & porch: Deck, Front Porch, Patio, Rear Porch
- Exterior features: Irrigation System, Lighting, Outdoor Grill, Outdoor Kitchen, Private Mailbox
- Has private pool: Yes
- Pool features: Gunite, Heated, In Ground, Lighting, Outside Bath Access
- Has spa: Yes
- Fencing: Fenced
- Has view: Yes
- View description: Water, Bayou
- Has water view: Yes
- Water view: Water,Bayou
- Waterfront features: Bayou, Bayou Access, Beach Access, Beach - Access Deeded, Lift, Riprap
- Body of water: COCOANUT BAYOU
Lot
- Size: 0.64 Acres
- Features: Flood Insurance Required, FloodZone, Oversized Lot, Street Dead-End
- Residential vegetation: Mature Landscaping, Oak Trees, Trees/Landscaped
Details
- Parcel number: 0078110022
- Zoning: RE2
- Special conditions: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Key West
- Property subtype: Single Family Residence
Materials
- Cement Siding, Wood Frame
- Foundation: Stem Wall
- Roof: Metal
Condition
- New construction: No
- Year built: 1998
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Propane, Public
Community & HOA
Community
- Security: Closed Circuit Camera(s), Security System, Security System Owned, Smoke Detector(s)
- Pet fee: $0 monthly
- Subdivision: COCOANUT BAYOU
HOA
- Has HOA: Yes
Location
- Region: Sarasota
Financial & listing details
- Price per square foot: $1,514/sqft
- Tax assessed value: $8,078,000
- Annual tax amount: $77,257
- Date on market: 9/9/2024
- Cumulative days on market: 1 day
- Listing terms: Cash,Conventional
- Ownership: Fee Simple
- Total actual rent: 0
- Road surface type: Asphalt
Price history
| Date | Event | Price |
|---|---|---|
| 12/20/2024 | Sold | $10,350,000-5.9%$1,514/sqft |
Source:  Stellar MLS #A4621775 Report a problem | ||
| 9/10/2024 | Pending sale | $10,995,000$1,608/sqft |
Source: Stellar MLS #A4621775 Report a problem | ||
| 9/9/2024 | Listed for sale | $10,995,000+19.8%$1,608/sqft |
Source: Stellar MLS #A4621775 Report a problem | ||
| 6/16/2022 | Sold | $9,175,000-6.9%$1,342/sqft |
Source: Public Record Report a problem | ||
| 3/28/2022 | Pending sale | $9,850,000$1,440/sqft |
Source: Stellar MLS #A4527492 Report a problem | ||
| 3/14/2022 | Listed for sale | $9,850,000+228.3%$1,440/sqft |
Source: Stellar MLS #A4527492 Report a problem | ||
| 4/23/2008 | Sold | $3,000,000-9.1%$439/sqft |
Source: Public Record Report a problem | ||
| 3/14/2008 | Listed for sale | $3,300,000-13.2%$483/sqft |
Source: Michael Saunders & Company #361741 Report a problem | ||
| 9/2/2004 | Sold | $3,800,000+15.2%$556/sqft |
Source: Public Record Report a problem | ||
| 2/24/2003 | Sold | $3,300,000+633.3%$483/sqft |
Source: Public Record Report a problem | ||
| 1/8/1996 | Sold | $450,000$66/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $94,492 +28.8% | $8,078,000 +29.4% |
| 2024 | $73,364 -5.4% | $6,242,700 -5% |
| 2023 | $77,527 +152.8% | $6,569,500 +157.8% |
| 2022 | $30,670 -0.1% | $2,548,233 +3% |
| 2021 | $30,703 -0.8% | $2,474,013 +1.4% |
| 2020 | $30,938 +2.8% | $2,439,855 +2.3% |
| 2019 | $30,104 | $2,385,000 -5% |
| 2018 | $30,104 -5.1% | $2,511,800 +3.3% |
| 2017 | $31,732 -5.6% | $2,430,500 -2.1% |
| 2016 | $33,604 | $2,483,900 +1.1% |
| 2015 | $33,604 | $2,456,800 +15.8% |
| 2014 | $33,604 +11.2% | $2,122,120 |
| 2013 | $30,217 +12.6% | $2,122,120 +10% |
| 2012 | $26,847 -0.2% | $1,929,200 -2% |
| 2011 | $26,905 -7.1% | $1,967,900 -4.5% |
| 2010 | $28,946 -8.8% | $2,060,500 -18.4% |
| 2009 | $31,727 | $2,526,100 +2% |
| 2008 | $31,727 -8.8% | $2,475,800 -8% |
| 2007 | $34,793 | $2,691,740 +2.5% |
| 2006 | -- | $2,626,088 +3% |
| 2005 | -- | $2,549,600 +8.3% |
| 2004 | $35,561 +9.7% | $2,354,000 +13.4% |
| 2003 | $32,410 +45.1% | $2,075,700 +45.6% |
| 2002 | $22,339 +20.4% | $1,425,400 +14.4% |
| 2001 | $18,559 +20.8% | $1,245,500 +22.4% |
| 2000 | $15,367 | $1,017,200 |
Find assessor info on the county website
Neighborhood: 34242
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Nearby schools
GreatSchools rating
- 9/10Phillippi Shores Elementary SchoolGrades: PK-5Distance: 1.8 mi
- 6/10Brookside Middle SchoolGrades: 6-8Distance: 2 mi
- 5/10Sarasota High SchoolGrades: 9-12Distance: 2.9 mi
Schools provided by the listing agent
- Elementary: Southside Elementary
- Middle: Brookside Middle
- High: Sarasota High
Source: Stellar 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
$9,589,600
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Estimated market value
$9,589,600
- Florida
- Sarasota County
- Siesta Key
- 34242
- 241 CEDAR PARK CIRCLE
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