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Sold for $2,050,000
  • $2,050,000

    518 VENICE LANE, SARASOTA, FL 34242

    3beds
    2,676sqft
    Single Family Residence
    Built in 1971
    10,454 Square Feet Lot
    $2,035,000 Zestimate®
    $766/sqft
    $7,671 Estimated rent

    Home value

    $2,035,000

    $1.85M - $2.24M

    $7,671/mo

    Zestimate® history
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    What's special

    Exquisite pool homeCanal-front residencePrivate cul-de-sac streetPeaceful tropical water viewsDouble jet-ski liftStone countertops and backsplashCustom interior window shutters
    ELEGANT SIESTA KEY WATERFRONT RETREAT - Welcome to a truly distinguished canal-front residence, where timeless design meets the effortless beauty of waterfront living. Set beneath majestic oaks and tropical landscaping, the canopied circular paver driveway greets you. This exquisite pool home offers privacy, sophistication and an extraordinary outdoor lifestyle. An avid boater's dream with 110 feet of water frontage, a 16K LB. boat lift and a double jet-ski lift. Light and bright, neutral colors and tile flooring flow throughout the home. The main living areas include a large great room surrounded by windows and flooded with natural light which frame peaceful tropical water views and the outdoor living area. Separate living room, den or game room and formal dining room offer an open layout and flexible floorplan which allows you to personalize your living space for your lifestyle. Fabulous cook's kitchen is open to great room and nicely updated with solid wood cabinetry, stone countertops and backsplash, stainless appliances with gas range, large wine cooler and pantry. Custom butler's pantry added for convenience and large laundry room with storage cabinets galore. The owner's retreat is spacious and serene, offering tropical views of the pool and waterfront along with private lanai access. It features a generous walk-in closet and a beautifully updated bath with sleek stone countertops, dual sinks and a tranquil walk-in shower illuminated by soft, filtered light through the glass block windows. Two private guest en suites are thoughtfully positioned in separate wings, each offering its own beautifully updated bath. Relax and sip a cool drink on your sunny lanai and observe manatees or fish right off your own dock. Watch fish at night with new underwater snook light. Enjoy gorgeous pool area with wide intersecting canal views and remote controlled fire pit and tiki torches, wonderful for entertaining friends and family. Coastal living at its best! A quick 7-minute access to the intercoastal waterway and Roberts Bay. Just a short bike ride to world-famous Siesta Key Beach and The Village. Enjoy swimming, boating, fishing, kayaking, fine dining and all the comforts of living in paradise. Newer top of the line sea wall with cap and 5x50 foot dock complete with water and electric. Appreciate the safety and security that a Generac whole house generator and hurricane windows, doors and garage door offer. Too many upgrades to list including: Custom interior window shutters, newer breaker box panel, well system for irrigation, new pool heater and pool pumps, outdoor fridge, ice maker, storage shed, 2 under the counter ice makers, no grass (maintenance free) landscape, utility sink and cabinetry in garage. The perfect property for year-round living, a second home or investment as an Island getaway. Truly a unique home that lives well with a great vibe! Nestled on a private cul-de-sac street experiencing significant luxury redevelopment! A rare opportunity and great value for the most discriminating buyer seeking the ultimate Florida lifestyle.

    Zillow last checked:

    Listing updated:

    Listed by:

    Pamela Pileggi 941-376-0376,

    PREFERRED SHORE LLC 941-999-1179

    Bought with:

    Kathy White, 3253960

    PREFERRED SHORE LLC

    Kadie Nolan, 3445167

    PREFERRED SHORE LLC

    Source: Stellar MLS,MLS#: A4672419MLS LogoOriginating MLS: Sarasota - Manatee

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 3
    Rooms
    • Room types: Breakfast Room Separate, Family Room, Dining Room, Living Room, Great Room, Utility Room
    Primary bedroom
    • Features: Ceiling Fan(s), En Suite Bathroom, Shower No Tub, Walk-In Closet(s)
    • Level: First
    • Area: 270 Square Feet
    • Dimensions: 18x15
    Bedroom 2
    • Features: Ceiling Fan(s), En Suite Bathroom, Built-in Closet
    • Level: First
    • Area: 176 Square Feet
    • Dimensions: 16x11
    Bedroom 3
    • Features: En Suite Bathroom, Built-in Closet
    • Level: First
    • Area: 143 Square Feet
    • Dimensions: 13x11
    Primary bathroom
    • Features: Dual Sinks, En Suite Bathroom, Shower No Tub, Stone Counters, Water Closet/Priv Toilet, Linen Closet
    • Level: First
    • Area: 144 Square Feet
    • Dimensions: 9x16
    Dining room
    • Level: First
    • Area: 132 Square Feet
    • Dimensions: 12x11
    Family room
    • Features: Ceiling Fan(s)
    • Level: First
    • Area: 225 Square Feet
    • Dimensions: 15x15
    Foyer
    • Level: First
    • Area: 72 Square Feet
    • Dimensions: 9x8
    Great room
    • Features: Ceiling Fan(s)
    • Level: First
    • Area: 384 Square Feet
    • Dimensions: 24x16
    Kitchen
    • Features: Kitchen Island, Stone Counters
    • Level: First
    • Area: 143 Square Feet
    • Dimensions: 13x11
    Living room
    • Features: Ceiling Fan(s)
    • Level: First
    • Area: 234 Square Feet
    • Dimensions: 18x13
    Utility room
    • Features: Built-In Shelving, Stone Counters
    • Level: First
    • Area: 110 Square Feet
    • Dimensions: 11x10
    Heating
    • Central, Electric
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Disposal, Electric Water Heater, Exhaust Fan, Ice Maker, Microwave, Range, Refrigerator, Trash Compactor, Wine Refrigerator
    • Laundry: Inside, Laundry Room
    Features
    • Ceiling Fan(s), Crown Molding, Eating Space In Kitchen, Kitchen/Family Room Combo, Living Room/Dining Room Combo, Open Floorplan, Primary Bedroom Main Floor, Split Bedroom, Stone Counters, Walk-In Closet(s)
    • Flooring: Tile
    • Doors: French Doors, Sliding Doors
    • Windows: Shutters, Window Treatments, Hurricane Shutters
    • Has fireplace: No
    Interior area
    • Total structure area: 3,183
    • Total interior livable area: 2,676 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Circular Driveway, Driveway, Garage Door Opener, Workshop in Garage
    • Attached garage spaces: 2
    • Has uncovered spaces: Yes
    • Details: Garage Dimensions: 20x20
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Deck, Enclosed, Front Porch, Patio, Porch, Screened
    • Exterior features: Irrigation System, Rain Gutters
    • Has private pool: Yes
    • Pool features: Gunite, Heated, In Ground, Screen Enclosure
    • Has spa: Yes
    • Spa features: Heated, In Ground
    • Fencing: Fenced
    • Has view: Yes
    • View description: Pool, Water, Canal
    • Has water view: Yes
    • Water view: Water,Canal
    • Waterfront features: Canal - Saltwater, Bay/Harbor Access, Saltwater Canal Access, Gulf/Ocean Access, Intracoastal Waterway Access, Lift, Seawall
    Lot
    • Size: 10,454 Square Feet
    • Residential vegetation: Fruit Trees, Mature Landscaping, Oak Trees
    Details
    • Additional structures: Shed(s)
    • Parcel number: 0079150034
    • Zoning: RSF2
    • Special conditions: None

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Florida,Ranch
    • Property subtype: Single Family Residence
    Materials
    • Block, Stucco
    • Foundation: Slab
    • Roof: Tile
    Condition
    • New construction: No
    • Year built: 1971

    Utilities & green energy

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

    Community & HOA

    Community
    • Features: Water Access, Deed Restrictions
    • Security: Security System Owned, Smoke Detector(s)
    • Pet fee: $0 monthly
    • Subdivision: SIESTAS BAYSIDE WATERSIDE EAST
    HOA
    • Has HOA: Yes
    • HOA fee: $42 monthly
    • HOA name: Waterside East Neighborhood Association
    • HOA phone: 000-000-0000
    Location
    • Region: Sarasota

    Financial & listing details

    • Price per square foot: $766/sqft
    • Tax assessed value: $1,303,400
    • Annual tax amount: $12,645
    • Date on market: 11/19/2025
    • Cumulative days on market: 100 days
    • Listing terms: Cash,Conventional
    • Ownership: Fee Simple
    • Total actual rent: 0
    • Electric utility on property: Yes
    • Road surface type: Asphalt

    Price history

    DateEventPrice
    4/1/2026Sold$2,050,000-10.7%$766/sqft
    Source: Stellar MLS #A4672419 Report a problem
    3/3/2026Pending sale$2,295,000$858/sqft
    Source: Stellar MLS #A4672419 Report a problem
    2/4/2026Listed for sale$2,295,000$858/sqft
    Source: Stellar MLS #A4672419 Report a problem
    2/1/2026Pending sale$2,295,000$858/sqft
    Source: Stellar MLS #A4672419 Report a problem
    11/19/2025Listed for sale$2,295,000+45.7%$858/sqft
    Source: Stellar MLS #A4672419 Report a problem
    9/4/2020Sold$1,575,000-3.1%$589/sqft
    Source: Public Record Report a problem
    8/13/2020Pending sale$1,625,000$607/sqft
    Source: BECKMANN PROPERTIES #A4474046 Report a problem
    8/6/2020Listed for sale$1,625,000+54.8%$607/sqft
    Source: BECKMANN PROPERTIES #A4474046 Report a problem
    6/16/2015Sold$1,050,000-6.7%$392/sqft
    Source: Public Record Report a problem
    5/6/2015Pending sale$1,125,000$420/sqft
    Source: ATCHLEY INTERNATIONAL REALTY #A4107009 Report a problem
    3/3/2015Price change$1,125,000-2.2%$420/sqft
    Source: Atchley International Realty, LLC #A4107009 Report a problem
    12/18/2014Price change$1,150,000-3%$430/sqft
    Source: Atchley International Realty, Inc. #A4107009 Report a problem
    10/25/2014Listed for sale$1,185,000-1.2%$443/sqft
    Source: Atchley International Realty, Inc. #A4107009 Report a problem
    7/16/2014Listing removed$1,199,000$448/sqft
    Source: Premier Sotheby's International Realty #A3990103 Report a problem
    1/8/2014Listed for sale$1,199,000+96.6%$448/sqft
    Source: Premier Sotheby's International Realty #A3990103 Report a problem
    3/1/2002Sold$610,000+64.9%$228/sqft
    Source: Public Record Report a problem
    7/21/1998Sold$370,000+6.5%$138/sqft
    Source: Public Record Report a problem
    4/30/1998Sold$347,500$130/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$13,173 -11.4%$1,107,929 -12.1%
    2024$14,873 +2.8%$1,259,805 +3%
    2023$14,465 +2.1%$1,223,112 +3%
    2022$14,166 0%$1,187,487 +3%
    2021$14,168 +19.5%$1,152,900 +27.1%
    2020$11,852 -3.3%$907,300 -2%
    2019$12,253 $925,882 +10%
    2018$12,253 +6.8%$841,711 +16%
    2017$11,474 +29.8%$725,900 -0.9%
    2016$8,843 $732,300 -7.9%
    2015$8,843 +0.3%$794,700 +22%
    2014$8,812 0%$651,446
    2013$8,813 +2.7%$651,446 +1.7%
    2012$8,583 +4.7%$640,557 +3%
    2011$8,194 -2.6%$621,900 +0.1%
    2010$8,416 -26%$621,000 -13.3%
    2009$11,376 $716,100 -20.5%
    2008$11,376 -2.4%$901,300 -0.7%
    2007$11,660 $907,499 +2.5%
    2006-- $885,365 +16.7%
    2005-- $758,801 +3%
    2004$10,913 +7.5%$736,700 +15.3%
    2003$10,152 +81%$638,900 +73.4%
    2002$5,608 +7.7%$368,361 +1.6%
    2001$5,207 +2.5%$362,560 +3%
    2000$5,081 $352,000
    Find assessor info on the county website

    Neighborhood: 34242

    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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    Estimated market value
    $2,035,000
    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
    $2,035,000