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Sold for $1,200,000
  • $1,200,000

    4234 PALACIO DRIVE, SARASOTA, FL 34238

    5beds
    4,636sqft
    Single Family Residence
    Built in 1994
    0.41 Acres Lot
    $1,284,300 Zestimate®
    $259/sqft
    $6,300 Estimated rent

    Home value

    $1,284,300

    $1.18M - $1.40M

    $6,300/mo

    Zestimate® history
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    What's special

    Prestancia Golf Club, one of the most prestigious and sought-after clubs in Sarasota is a location that cannot be beat – within a short driving distance to the pristine white sandy beaches of Siesta Key. This spacious home is a great opportunity to remodel and renovate – plenty of space for the entire family with 5 true bedrooms, 4 full bathrooms, and more than 4,600+ sq ft of AC space (2 units, 1-replaced in 2019 and 2- replaced in 2021). The ROOF was REPLACED IN 2019. A circular driveway leads to a double door entry with two-story foyer looking out towards a private pool area. A formal living room with two-story ceiling and French doors leads out to the covered lanai. An open, spacious kitchen features granite countertops, stainless appliances, breakfast bar for additional seating, and a pass-through window out to the lanai for easy entertaining. A breakfast area off the kitchen and formal dining room provides ample entertaining space. An oversized family room features a soaring two-story ceiling, a fireplace and sliding doors out to a spacious covered lanai, the pool surrounded by paver deck. A private first floor master suite has French doors leading to the lanai and features a dressing/vanity area, large bathroom with double sinks, Jacuzzi soaking tub, separate walk-in shower, water closet, His and Hers walk-in closets plus a linen closet. An additional en-suite bedroom on the first floor may be used as office space or a guest retreat. The large laundry room leads into the two-car side-entry garage with additional AC’ed storage space. On the second floor there are Bedrooms 3 and 4 with a jack-and-jill bathroom plus Bedroom 5 with a private en-suite bathroom. The second-floor loft/bonus room overlooks the living and family rooms below, with a built-in wet bar making entertaining a breeze. It has a door leading out to the 44’x18’ tiled lanai covered by the pool cage with views out to the golf course beyond. The pool and outside area are perfect for large gatherings with a 42’x18’ covered area for poolside parties. The back of the property is walled off for complete privacy with plenty of lawn and garden space to enjoy. The opportunities here are endless! Enjoy all the amenities of country club living in this prestigious community that includes optional membership at the Prestancia Golf Club featuring two 18-hole courses and a stunning 35,000 sqft clubhouse. Conveniently located near shopping, restaurants, SRQ airport, museums, attractions, downtown Sarasota, and our world-famous gulf beaches.

    Zillow last checked:

    Listing updated:

    Listed by:

    Dana Cook Westmark 941-356-5091,

    MICHAEL SAUNDERS & COMPANY 941-951-6660,

    Donald Geikie,

    MICHAEL SAUNDERS & COMPANY

    Bought with:

    Dana Cook Westmark, 3032781

    MICHAEL SAUNDERS & COMPANY

    Donald Geikie

    MICHAEL SAUNDERS & COMPANY

    Source: Stellar MLS,MLS#: A4547991MLS LogoOriginating MLS: Sarasota - Manatee

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 4
    • Full bathrooms: 4
    Rooms
    • Room types: Family Room, Dining Room, Living Room
    Primary bedroom
    • Features: En Suite Bathroom, Walk-In Closet(s)
    • Level: First
    • Dimensions: 20x16
    Bedroom 2
    • Features: En Suite Bathroom, Tub With Shower, Walk-In Closet(s)
    • Level: First
    • Dimensions: 17x10
    Bedroom 3
    • Features: Jack & Jill Bathroom
    • Level: Second
    • Dimensions: 14x10
    Bedroom 4
    • Features: Jack & Jill Bathroom
    • Level: Second
    • Dimensions: 14x10
    Bedroom 5
    • Features: En Suite Bathroom, Garden Bath, Walk-In Closet(s)
    • Level: Second
    • Dimensions: 18x12
    Dining room
    • Level: First
    • Dimensions: 15x12
    Family room
    • Level: First
    • Dimensions: 24x21
    Kitchen
    • Features: Breakfast Bar, Built-in Features, Granite Counters, Pantry
    • Level: First
    • Dimensions: 16x13
    Laundry
    • Level: First
    • Dimensions: 14x9
    Living room
    • Level: First
    • Dimensions: 17x17
    Loft
    • Features: Wet Bar
    • Level: Second
    • Dimensions: 30x12
    Heating
    • Central, Electric
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
    • Laundry: Inside, Laundry Room
    Features
    • Built-in Features, Ceiling Fan(s), Chair Rail, Crown Molding, Eating Space In Kitchen, High Ceilings, Primary Bedroom Main Floor, Solid Wood Cabinets, Walk-In Closet(s), Wet Bar
    • Flooring: Carpet, Tile
    • Doors: Outdoor Grill, Outdoor Kitchen, Sliding Doors
    • Has fireplace: Yes
    • Fireplace features: Family Room
    Interior area
    • Total structure area: 6,881
    • Total interior livable area: 4,636 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Circular Driveway, Garage Faces Side
    • Attached garage spaces: 2
    • Has uncovered spaces: Yes
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Covered, Patio, Screened
    • Exterior features: Balcony, Outdoor Grill, Outdoor Kitchen
    • Has private pool: Yes
    • Pool features: Heated, In Ground, Screen Enclosure
    • Has spa: Yes
    • Spa features: In Ground
    • Fencing: Fenced
    Lot
    • Size: 0.41 Acres
    • Residential vegetation: Mature Landscaping
    Details
    • Additional structures: Outdoor Kitchen
    • Parcel number: 0113070011
    • Zoning: RSF2
    • Special conditions: None

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Block, Stucco
    • Foundation: Slab
    • Roof: Tile
    Condition
    • Completed
    • New construction: No
    • Year built: 1994

    Utilities & green energy

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

    Community & HOA

    Community
    • Features: Gated Community - Guard, Golf
    • Security: Security System
    • Pet fee: $0 monthly
    • Subdivision: PRESTANCIA
    HOA
    • Has HOA: Yes
    • Services included: Maintenance Grounds, Private Road
    • HOA fee: $346 monthly
    • HOA name: Lidia Schmidt, HOA Treasurer
    • HOA phone: 614-507-5225
    Location
    • Region: Sarasota

    Financial & listing details

    • Price per square foot: $259/sqft
    • Tax assessed value: $891,700
    • Annual tax amount: $13,988
    • Date on market: 9/15/2022
    • Cumulative days on market: 211 days
    • Ownership: Fee Simple
    • Total actual rent: 0
    • Electric utility on property: Yes
    • Road surface type: Paved

    Price history

    DateEventPrice
    5/9/2025Listing removed$6,850$1/sqft
    Source: Zillow Rentals Report a problem
    4/28/2025Listed for rent$6,850+71.3%$1/sqft
    Source: Zillow Rentals Report a problem
    6/27/2024Sold$1,200,000-11.1%$259/sqft
    Source: Stellar MLS #A4547991 Report a problem
    5/22/2024Pending sale$1,350,000$291/sqft
    Source: Stellar MLS #A4547991 Report a problem
    1/18/2024Price change$1,350,000-6.9%$291/sqft
    Source: Stellar MLS #A4547991 Report a problem
    12/15/2022Pending sale$1,450,000$313/sqft
    Source: Stellar MLS #A4547991 Report a problem
    10/24/2022Listed for sale$1,450,000$313/sqft
    Source: Stellar MLS #A4547991 Report a problem
    10/20/2022Pending sale$1,450,000$313/sqft
    Source: Stellar MLS #A4547991 Report a problem
    9/15/2022Listed for sale$1,450,000+34423.8%$313/sqft
    Source: Stellar MLS #A4547991 Report a problem
    6/13/2020Listing removed$4,000$1/sqft
    Source: JENNETTE PROPERTIES INC #A4463716 Report a problem
    3/24/2020Listed for rent$4,000+2.6%$1/sqft
    Source: JENNETTE PROPERTIES INC #A4463716 Report a problem
    10/29/2014Listing removed$3,900$1/sqft
    Source: JENNETTE PROPERTIES INC (281502462) #A3994596 Report a problem
    8/14/2014Price change$3,900-7.1%$1/sqft
    Source: JENNETTE PROPERTIES INC (281502462) #A3994596 Report a problem
    6/13/2014Listing removed$4,200-99.4%$1/sqft
    Source: JENNETTE PROPERTIES INC #A3994596 Report a problem
    3/15/2014Listed for rent$4,200+7.7%$1/sqft
    Source: JENNETTE PROPERTIES INC #A3994596 Report a problem
    3/8/2012Listing removed$3,900$1/sqft
    Source: Michael Saunders & Company - Licensed Real Estate Broker Report a problem
    2/1/2012Listing removed$695,000$150/sqft
    Source: Michael Saunders & Company - Licensed Real Estate Broker Report a problem
    2/1/2012Listed for rent$3,900$1/sqft
    Source: Michael Saunders & Company - Licensed Real Estate Broker Report a problem
    12/31/2011Listed for sale$695,000$150/sqft
    Source: Michael Saunders & Company - Licensed Real Estate Broker Report a problem
    12/31/2011Listing removed$3,900$1/sqft
    Source: Michael Saunders & Company - Licensed Real Estate Broker Report a problem
    11/4/2011Listed for rent$3,900$1/sqft
    Source: Michael Saunders & Company - Licensed Real Estate Broker Report a problem
    1/9/2011Listing removed$695,000$150/sqft
    Source: Michael Saunders & Company - Licensed Real Estate Broker Report a problem
    11/3/2010Listed for sale$695,000$150/sqft
    Source: Michael Saunders & Company - Licensed Real Estate Broker Report a problem
    8/6/2010Listing removed$695,000$150/sqft
    Source: Michael Saunders & Companyr #3921843 Report a problem
    2/27/2010Listed for sale$695,000-8.6%$150/sqft
    Source: Michael Saunders & Companyr #3921843 Report a problem
    10/20/2008Sold$760,000+795.2%$164/sqft
    Source: Public Record Report a problem
    7/20/1993Sold$84,900$18/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$11,321 -9.9%$891,700 -8.2%
    2024$12,560 -10.2%$970,831 +10%
    2023$13,989 +13.3%$882,574 +10%
    2022$12,349 +29%$802,340 +10%
    2021$9,575 +2.7%$729,400 +5%
    2020$9,325 +2.8%$694,700 +2.2%
    2019$9,070 $679,900 +1.5%
    2018$9,070 +1.5%$670,100 -0.9%
    2017$8,940 +0.6%$676,000 -1.8%
    2016$8,888 $688,600 +8.7%
    2015$8,888 $633,700 +20.8%
    2014$8,888 +13.9%$524,400
    2013$7,805 +8.8%$524,400 +8.7%
    2012$7,171 -0.2%$482,600 -2%
    2011$7,184 -5.3%$492,200 -3%
    2010$7,583 -11.3%$507,200 -7.2%
    2009$8,554 $546,500 -12.5%
    2008$8,554 -14.5%$624,500 -15.1%
    2007$10,005 $735,500 -3%
    2006-- $758,100 +63.5%
    2005-- $463,751 +3%
    2004$6,862 -1.1%$450,244 +1.9%
    2003$6,941 +1.4%$441,849 +2.4%
    2002$6,844 +7.3%$431,493 +1.6%
    2001$6,379 +2.8%$424,698 +3%
    2000$6,205 $412,328
    Find assessor info on the county website

    Neighborhood: Palmer Ranch

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Gulf Gate Elementary
    • Middle: Sarasota Middle
    • High: Riverview 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
    $1,284,300
    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
    $1,284,300