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Sold for $1,600,000
  • $1,600,000

    5155 RIVERWOOD AVENUE, SARASOTA, FL 34231

    4beds
    3,869sqft
    Single Family Residence
    Built in 1956
    1.15 Acres Lot
    $1,578,100 Zestimate®
    $414/sqft
    $6,764 Estimated rent

    Home value

    $1,578,100

    $1.44M - $1.74M

    $6,764/mo

    Zestimate® history
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    What's special

    Hidden waterfront treasureCozy fireplaceComplete natural privacyDedicated kayak launchEast-facing oasisGently sloping oak-shaded yardLong winding paver driveway
    Imagine pulling up to this hidden waterfront treasure on a quiet Sarasota street, where a long, winding paver driveway curves gracefully through a canopy of majestic mature oaks, welcoming you to a sprawling 1.15-acre lot with 130 feet of prime frontage along the serene waters of Phillippi Creek. Elevated safely in Flood Zone X and crowned with a brand-new 2024 roof, this property feels like your own private Old Florida estate from the moment you arrive. Step out and take in the east-facing oasis: a gently sloping, oak-shaded yard that offers complete natural privacy, leading down to the water’s edge. Relax on the expansive covered porch with sweeping views of the creek, cool off in the freshly resurfaced 2025 pool, or slip through the convenient second porch—complete with ceiling fan—right off the pool bathroom and laundry area. It’s the perfect spot for drying off after a swim or enjoying a quiet breeze. The true magic lies in the irreplaceable waterfront lifestyle. An expansive dock with a charming gazebo and boat lift awaits your adventures, providing direct access to protected waters, the Intracoastal Waterway, and the Gulf of Mexico. There’s even a dedicated kayak launch, so you can choose your pace—whether powering out for a day on the open water or quietly paddling along the scenic creek. Best of all, this generous 1.15-acre parcel comes with no HOA and no deed restrictions, giving you ultimate freedom to truly live the Florida lifestyle—park your boats, add whatever suits your vision, or simply preserve the natural beauty just as it is. Step inside the 1956 residence, and you’ll find more than 3,800 square feet under roof brimming with authentic character and endless potential. Oversized windows flood the open, flowing layout with natural light and breathtaking water views from nearly every room. High soaring ceilings create an airy feel, while a cozy fireplace invites quiet evenings at home. The thoughtful design includes 4 bedrooms and 3 bathrooms, with the expansive upstairs primary retreat offering panoramic vistas. Currently divided into two large rooms by a non-structural faux wall, it’s a blank canvas ready to be reconfigured into an epic primary suite with a luxurious ensuite and generous walk-in closet. All of this is just minutes from Siesta Key’s world-famous beaches, vibrant downtown Sarasota, top-rated schools, shopping, and dining—yet feels worlds away in its peaceful, private setting. This rare waterfront gem is ready for your personal touch, blending Old Florida charm with the opportunity to create your custom modern masterpiece. Schedule your private showing today!

    Zillow last checked:

    Listing updated:

    Listed by:

    Danielle Gladding 941-539-8535,

    DANIELLE GLADDING & CO. REALTY 941-539-8535,

    Alison Kanter 941-306-9786,

    DANIELLE GLADDING & CO. REALTY

    Bought with:

    Danielle Gladding, 358186

    DANIELLE GLADDING & CO. REALTY

    Alison Kanter, 3575228

    DANIELLE GLADDING & CO. REALTY

    Source: Stellar MLS,MLS#: A4676129MLS LogoOriginating MLS: Sarasota - Manatee

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    • Full bathrooms: 3
    Primary bedroom
    • Features: Dual Closets
    • Level: Second
    • Area: 300 Square Feet
    • Dimensions: 20x15
    Kitchen
    • Level: First
    • Area: 483 Square Feet
    • Dimensions: 21x23
    Living room
    • Level: First
    • Area: 897 Square Feet
    • Dimensions: 39x23
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Disposal, Range, Refrigerator
    • Laundry: Laundry Room
    Features
    • Ceiling Fan(s), High Ceilings, Open Floorplan, PrimaryBedroom Upstairs, Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Walk-In Closet(s)
    • Flooring: Carpet, Tile
    • Doors: French Doors, Outdoor Shower
    • Has fireplace: Yes
    • Fireplace features: Family Room
    Interior area
    • Total structure area: 6,555
    • Total interior livable area: 3,869 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage - Attached
    • Attached garage spaces: 2
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Covered, Deck, Enclosed, Rear Porch, Screened, Side Porch
    • Exterior features: Other, Outdoor Shower, Private Yard
    • Has private pool: Yes
    • Pool features: In Ground
    • Has view: Yes
    • View description: Pool, Trees/Woods, Water, Canal, Creek/Stream
    • Has water view: Yes
    • Water view: Water,Canal,Creek/Stream
    • Waterfront features: Canal - Brackish, Bay/Harbor Access, Brackish Canal Access, Creek Access, Gulf/Ocean Access, Gulf/Ocean to Bay Access, Intracoastal Waterway Access, Bridges - Fixed, Lift, Minimum Wake Zone
    • Body of water: PHILLIPPI CREEK
    Lot
    • Size: 1.15 Acres
    • Features: Oversized Lot
    • Residential vegetation: Mature Landscaping, Oak Trees, Trees/Landscaped
    Details
    • Additional structures: Other, Shed(s)
    • Parcel number: 0085140015
    • Zoning: RSF1
    • Special conditions: None

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Stucco, Wood Siding
    • Foundation: Slab
    • Roof: Shingle
    Condition
    • New construction: No
    • Year built: 1956

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public, Well
    • Utilities for property: Public

    Community & HOA

    Community
    • Pet fee: $0 monthly
    • Subdivision: RIVERWOOD PARK REP
    HOA
    • Has HOA: No
    Location
    • Region: Sarasota

    Financial & listing details

    • Price per square foot: $414/sqft
    • Tax assessed value: $1,385,800
    • Annual tax amount: $8,398
    • Date on market: 12/27/2025
    • Cumulative days on market: 3 days
    • Listing terms: Cash
    • Ownership: Fee Simple
    • Total actual rent: 0
    • Road surface type: Paved

    Price history

    DateEventPrice
    3/3/2026Sold$1,600,000-10.8%$414/sqft
    Source: Stellar MLS #A4676129 Report a problem
    12/31/2025Pending sale$1,794,000$464/sqft
    Source: Stellar MLS #A4676129 Report a problem
    12/27/2025Listed for sale$1,794,000+303.1%$464/sqft
    Source: Stellar MLS #A4676129 Report a problem
    10/6/1993Sold$445,000$115/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$8,399 +2.4%$653,256 +2.9%
    2024$8,204 +3.7%$634,845 +3%
    2023$7,913 +3%$616,354 +3%
    2022$7,684 +1.2%$598,402 +3%
    2021$7,593 -0.4%$580,973 +1.4%
    2020$7,625 +3%$572,952 +2.3%
    2019$7,401 $560,070 +1.9%
    2018$7,401 +2%$549,627 +2.1%
    2017$7,258 -1%$538,322 -32.2%
    2016$7,332 $793,600 -7.5%
    2015$7,332 +0.3%$858,300 +67.7%
    2014$7,307 +0%$511,754
    2013$7,306 +2.6%$511,754 +1.7%
    2012$7,121 -1.6%$503,200 -3.3%
    2011$7,235 -1.7%$520,170 +1.5%
    2010$7,357 +8.6%$512,483 +2.7%
    2009$6,772 $499,010 +0.1%
    2008$6,772 +2.6%$498,511 +3%
    2007$6,600 $483,991 +2.5%
    2006-- $472,186 +3%
    2005-- $458,433 +3%
    2004$6,933 -1.1%$445,081 +1.9%
    2003$7,012 +1.6%$436,782 +2.4%
    2002$6,900 +7.2%$426,545 +1.6%
    2001$6,435 +2.7%$419,828 +3%
    2000$6,268 $407,600
    Find assessor info on the county website

    Neighborhood: South Sarasota

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Phillippi Shores Elementary
    • Middle: Brookside 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
    $1,578,100
    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
    $1,578,100