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Under contract
  • $25,000,000

    4050 HIGEL AVENUE, SARASOTA, FL 34242

    5beds
    6,301sqft
    : 
    $162,101/mo
    Get pre-qualified
    Single Family Residence
    Built in 2027
    0.86 Acres Lot
    $-- Zestimate®
    $3,968/sqft
    $-- HOA

    What's special

    Ocean-view officeOutdoor kitchenMultiple terracesRooftop with ocean viewsMovie theater roomSweeping ocean viewsSpa-inspired baths
    Under contract-accepting backup offers. Pre-Construction. To be built. One or more photos was virtually staged. An unmatched LUXURY BEACH estate, this Gulf-front upcoming masterpiece offers sweeping ocean views and a private stretch of sand on Siesta Key. Currently in development for New Construction by Pham Development, the iconic Mid-Century Modern style residence is privately gated and designed to deliver resort-level living on one of Florida’s most coveted coastlines on the Gulf of America and Sarasota Bay. Spanning 14,543 sq. ft. under roof, with 6,301 sq. ft. of air-conditioned interiors, the home features 5 bedrooms, 6 full baths, and 1 half baths. Engineered for longevity, it rests on a fortified foundation with a riprap seawall installation, ensuring enduring protection for the estate, luxe pool with hot tub, and land. Lifestyle amenities rival the finest resorts: a rooftop with ocean views, and a full personal fitness center with yoga studio. Entertainment spaces abound with opportunity for a movie theater room, an ocean-view office, gun and jewelry safe room, and an up to 16-car enclosed garage. Paddleboard and kayak access lead directly to the Gulf, with options for a beach volleyball or pickleball court. The grand master suite has an expansive Gulf-facing terrace, his-and-hers walk-in closets, and spa-inspired baths. Multiple terraces, an outdoor kitchen, a chef’s kitchen, and butler’s pantry add to the all-inclusive luxury lifestyle of this home. More than a residence, this estate is a legacy home—crafted for generations, with an indoor-outdoor footprint tailored for both grand entertaining and intimate coastal living. Private showings are available upon request.
    168 days
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    63
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    0
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    Zillow last checked:

    Listing updated:

    Listed by:

    Faith Stutzman 941-260-0709,

    PHAM REALTY GROUP LLC 941-260-0709

    Source: Stellar MLS,MLS#: A4677328MLS LogoOriginating MLS: Sarasota - Manatee

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 7
      • Full bathrooms: 6
      • 1/2 bathrooms: 1
      Rooms
      • Room types: Den/Library/Office, Great Room
      Primary bedroom
      • Features: Walk-In Closet(s)
      • Level: First
      Kitchen
      • Level: First
      Living room
      • Level: First
      Heating
      • Electric, Natural Gas
      Cooling
      • Central Air
      Appliances
      • Included: Bar Fridge, Oven, Convection Oven, Cooktop, Dishwasher, Disposal, Dryer, Exhaust Fan, Gas Water Heater, Kitchen Reverse Osmosis System, Microwave, Range, Range Hood, Refrigerator, Tankless Water Heater, Washer, Wine Refrigerator
      • Laundry: Laundry Room
      Features
      • Ceiling Fan(s), Elevator, High Ceilings, Primary Bedroom Main Floor, Thermostat, Walk-In Closet(s)
      • Flooring: Engineered Hardwood, Porcelain Tile
      • Doors: Outdoor Grill, Outdoor Kitchen, Outdoor Shower, Sliding Doors
      • Windows: Window Treatments, Shutters
      • Has fireplace: Yes
      • Fireplace features: Family Room
      Interior area
      • Total structure area: 14,953
      • Total interior livable area: 6,301 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 16
      • Parking features: Garage - Attached
      • Attached garage spaces: 16
      Features
      • Levels: One
      • Stories: 1
      • Patio & porch: Deck, Patio
      • Exterior features: Awning(s), Balcony, Courtyard, Garden, Irrigation System, Lighting, Outdoor Grill, Outdoor Kitchen, Outdoor Shower, Rain Gutters, Sauna, Sidewalk, Storage
      • Has private pool: Yes
      • Pool features: Heated, In Ground, Lighting, Salt Water, Tile
      • Has spa: Yes
      • Spa features: Heated
      • Fencing: Fenced
      • Has view: Yes
      • View description: Gulf/Ocean - Full, Gulf/Ocean to Bay
      • Has water view: Yes
      • Water view: Gulf/Ocean - Full,Gulf/Ocean to Bay
      • Waterfront features: Gulf/Ocean, Gulf/Ocean to Bay, Gulf/Ocean Access, Gulf/Ocean to Bay Access, Fishing Pier
      Lot
      • Size: 0.86 Acres
      • Residential vegetation: Mature Landscaping, Trees/Landscaped
      Details
      • Parcel number: 0078060016
      • Zoning: RSF1
      • Special conditions: None

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • Block, Concrete
      • Foundation: Slab
      • Roof: Metal
      Condition
      • Pre-Construction
      • New construction: Yes
      • Year built: 2027
      Details
      • Builder name: Pham Development

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public, Well
      • Utilities for property: BB/HS Internet Available, Cable Connected, Electricity Connected, Natural Gas Connected, Public, Sprinkler Well, Underground Utilities, Water Connected

      Community & HOA

      Community
      • Pet fee: $0 monthly
      • Subdivision: SIESTA REV OF
      HOA
      • Has HOA: No
      Location
      • Region: Sarasota

      Financial & listing details

      • Price per square foot: $3,968/sqft
      • Tax assessed value: $3,545,400
      • Annual tax amount: $41,628
      • Date on market: 1/7/2026
      • Cumulative days on market: 303 days
      • Ownership: Fee Simple
      • Total actual rent: 0
      • Electric utility on property: Yes
      • Road surface type: Brick, Paved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        7/8/2026Contingent$25,000,000$3,968/sqft
        Source: Stellar MLS #A4677328 Report a problem
        3/29/2026Pending sale$25,000,000$3,968/sqft
        Source: Stellar MLS #A4677328 Report a problem
        2/6/2026Listed for sale$25,000,000+13.6%$3,968/sqft
        Source: Stellar MLS #A4681534 Report a problem
        1/19/2026Listing removed$22,000,000$3,492/sqft
        Source: Stellar MLS #A4677328 Report a problem
        1/7/2026Listed for sale$22,000,000$3,492/sqft
        Source: Stellar MLS #A4677328 Report a problem
        1/7/2026Listing removed$22,000,000$3,492/sqft
        Source: Stellar MLS #A4666086 Report a problem
        11/22/2025Listed for sale$22,000,000$3,492/sqft
        Source: Stellar MLS #A4666086 Report a problem
        11/21/2025Listing removed$22,000,000+158.8%$3,492/sqft
        Source: Stellar MLS #A4667155 Report a problem
        10/8/2025Price change$8,500,000-61.4%$1,349/sqft
        Source: Stellar MLS #A4667816 Report a problem
        10/3/2025Listed for sale$22,000,000-21.4%$3,492/sqft
        Source: Stellar MLS #A4667155 Report a problem
        9/14/2025Listing removed$28,000,000$4,444/sqft
        Source: Stellar MLS #A4649445 Report a problem
        5/6/2025Listed for sale$28,000,000+508.7%$4,444/sqft
        Source: Stellar MLS #A4649445 Report a problem
        3/6/2025Sold$4,600,000+100%$730/sqft
        Source: Public Record Report a problem
        8/24/2020Sold$2,300,000$365/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$41,628 +7.3%$3,545,400 +7.4%
        2024$38,793 +6.2%$3,302,200 +9%
        2023$36,537 +1.4%$3,030,808 +10%
        2022$36,042 +15.7%$2,755,280 +10%
        2021$31,147 +0.7%$2,504,800 +6.7%
        2020$30,930 +14.2%$2,347,840 +10%
        2019$27,087 $2,134,400 -10%
        2018$27,087 -10%$2,371,800 -5.7%
        2017$30,082 -5.3%$2,516,100 +2.9%
        2016$31,780 $2,445,900 -3.1%
        2015$31,780 +9%$2,524,500 +45%
        2014$29,143 +20.6%$1,741,000
        2013$24,168 +2.5%$1,741,000 +1.5%
        2012$23,572 +1.1%$1,715,200 -0.7%
        2011$23,325 -7.8%$1,726,900 -5.2%
        2010$25,298 -2.7%$1,821,800 -3.6%
        2009$26,001 $1,890,800 -6.5%
        2008$26,001 -16.2%$2,021,400 -16%
        2007$31,035 $2,407,400 +10.4%
        2006-- $2,180,700 +27.6%
        2005-- $1,709,000 +9.2%
        2004$23,524 +7.3%$1,565,200 +11.1%
        2003$21,923 +5.2%$1,409,200 +3.9%
        2002$20,836 +39.4%$1,356,600 +33.5%
        2001$14,947 +22.4%$1,016,200 +24.1%
        2000$12,211 $818,800
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 34242

        Getting around

        4 / 100
        Car-Dependent
        0 / 100
        No Nearby Transit
        35 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Phillippi Shores 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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