Skip main navigation
Off market
  • $1,420,500

    5351 Saddle Oak Trl, Sarasota, FL 34241

    5beds
    5,185sqft
    Single Family Residence
    Built in 2004
    6.75 Acres Lot
    $1,420,500 Zestimate®
    $274/sqft
    $6,947 Estimated rent

    Home value

    $1,420,500

    $1.24M - $1.63M

    $6,947/mo

    Zestimate® history
    Loading
    Loading...

    Owner options

    List your home for rent

    $6,947/mo

    Rent Zestimate®

    Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.

    Learn more

    $6,947/mo

    Rent Zestimate®

    Refinance and save

    $9,365/mo

    Est. payment

    Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.

    See today's rates

    $9,365/mo

    Est. payment

    Explore your selling options

    Work with a Zillow partner agent

    Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.

    Get started

    List with your own agent

    Get your home in front of millions of buyers by listing it on Zillow.

    Learn how to do it

    Sell it yourself

    Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).

    List your home

    What's special

    Crown jewel potential awaits the Buyer with the vision to finish this once stunning, Westwater Construction, custom-built estate. Situated on 6 ¾ acres with a beautiful lake in the desirable and gated equestrian community of Saddle Oak Estates, this completely block-construction home boats a show-stopper entrance with 30' coffered ceilings and dramatic curved staircase. 5185 square feet of living space, this residence features 5 bedrooms, 5 baths, an upstairs bonus room with gorgeous views, and a study or media room. The previous owners walked away in the middle of a complete remodel and the house is now part of a Chapter 7 Bankruptcy. Construction stopped at the point where interior finishes were ready to begin. While extensive work is required, this is a great opportunity to choose cabinetry, flooring, lighting, pool package and other finishes necessary to restore this estate home. Located in the A-rated school zones of Lakeview Elementary, Sarasota Middle, and Riverview High, this property is the perfect oasis to raise a family. Property is being sold AS-IS and Proof of Funds must accompany all offers. All Contracts will be subject to Bankruptcy Court approval. This home will not qualify for homeowners insurance, therefore only CASH offers and renovation loans will be considered. Showings on Saturday, 1/16/21 from 10am - 1pm. Please schedule through Showingtime or call/text listing agent. Highest and Best Offers due by Tuesday, 1/19/21 at 5pm.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Originating MLS: Sarasota - Manatee

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 5
    • Full bathrooms: 5
    Heating
    • central, Electric
    Cooling
    • Central
    Appliances
    • Included: Refrigerator
    • Laundry: Inside
    Features
    • High Ceiling(s), Master Bedroom Downstairs, Open Floorplan, Split Bedroom, Walk-In Closet(s), Coffered Ceiling(s)
    • Flooring: Tile
    • Fireplace features: Family Room
    Interior area
    • Structure area source: Builder
    • Total interior livable area: 5,185 sqft

    Property

    Parking
    • Total spaces: 3
    • Parking features: Garage, Open
    Features
    • Levels: Two
    • Patio & porch: Patio, Covered
    • Exterior features: Stucco
    • Has spa: Yes
    • Fencing: Vinyl
    • Has view: Yes
    • View description: Water
    • Has water view: Yes
    • Water view: Water
    Lot
    • Size: 6.75 Acres
    • Features: Oversized Lot, Level/Flat, Street Paved, Street Private, Zoned for Horses
    • Residential vegetation: Mature Landscaping, Oak Trees
    Details
    • Parcel number: 0278030017
    • Zoning: OUE

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Spanish/Mediterranean
    • Property subtype: Single Family Residence
    Materials
    • masonry
    • Foundation: Concrete
    • Roof: Metal
    Condition
    • Completed
    • Year built: 2004

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: Well
    • Utilities for property: Electricity Connected, BB/HS Internet Available, Cable Available, Cable Connected, Water Connected

    Community & HOA

    Community
    • Security: Gated Community
    • Subdivision: Saddle Oak Estates
    HOA
    • Has HOA: Yes
    • Services included: Common Area Taxes, Private Road, Escrow Reserves Fund, Manager
    • HOA fee: $104 monthly
    Location
    • Region: Sarasota

    Financial & listing details

    • Price per square foot: $274/sqft
    • Tax assessed value: $1,147,800
    • Annual tax amount: $14,421
    • Listing terms: Cash
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    3/9/2021Sold$740,000+13.8%$143/sqft
    Source: Public Record Report a problem
    1/21/2021Pending sale$650,000$125/sqft
    Source: Stellar MLS #A4488152 Report a problem
    1/11/2021Listed for sale$650,000-18.8%$125/sqft
    Source: MICHAEL SAUNDERS & COMPANY #A4488152 Report a problem
    5/3/2011Sold$800,000$154/sqft
    Source: Public Record Report a problem
    2/5/2011Price change$800,000-5.9%$154/sqft
    Source: CORNERSTONE PROP.& INV.LLC #T2456257 Report a problem
    2/2/2011Price change$850,000-15%$164/sqft
    Source: Cornerstone Properties & Investments, LLC #T2456257 Report a problem
    12/8/2010Price change$999,900+17.6%$193/sqft
    Source: Cornerstone Properties Investments LLC #T2276451 Report a problem
    11/26/2010Price change$850,000-15%$164/sqft
    Source: CORNERSTONE PROP.& INV.LLC #T2276451 Report a problem
    10/1/2010Price change$999,900-20%$193/sqft
    Source: CORNERSTONE PROP.& INV.LLC #T2276451 Report a problem
    1/18/2010Price change$1,249,900-10.7%$241/sqft
    Source: Cornerstone Properties & Investments, Inc. #T2276451 Report a problem
    11/8/2009Price change$1,399,900-6.7%$270/sqft
    Source: Cornerstone Properties & Investments, Inc. #T2276451 Report a problem
    5/2/2009Price change$1,499,900-6.3%$289/sqft
    Source: Listhub #2276451 Report a problem
    4/25/2009Price change$1,599,900+6.7%$309/sqft
    Source: Listhub #2276451 Report a problem
    4/17/2009Price change$1,499,900-6.3%$289/sqft
    Source: Listhub #2276451 Report a problem
    1/29/2009Price change$1,599,900-14.4%$309/sqft
    Source: Listhub #2276451 Report a problem
    11/30/2008Price change$1,870,000+6.9%$361/sqft
    Source: Listhub #2276451 Report a problem
    11/13/2008Price change$1,749,900-6.4%$337/sqft
    Source: Listhub #2276451 Report a problem
    6/19/2008Price change$1,870,000-5.1%$361/sqft
    Source: Listhub #2276451 Report a problem
    11/23/2007Price change$1,970,000+99900%$380/sqft
    Source: Point2 #T2276451 Report a problem
    10/22/2007Listed for sale$1,970-98.2%
    Source: Point2 #T2276451 Report a problem
    2/3/2004Sold$112,500-42.3%$22/sqft
    Source: Public Record Report a problem
    2/1/2002Sold$195,000+52.9%$38/sqft
    Source: Public Record Report a problem
    10/10/2001Sold$127,500$25/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$14,421 -8.1%$1,147,800 -5.8%
    2024$15,696 +7.7%$1,218,349 +10%
    2023$14,574 +14.8%$1,107,590 +10%
    2022$12,692 +29.6%$1,006,900 +35.8%
    2021$9,794 -25.5%$741,600 -25.4%
    2020$13,145 -7.4%$994,000 -8.5%
    2019$14,197 $1,085,800 +4.6%
    2018$14,197 +4.3%$1,037,900 -2.9%
    2017$13,605 +2.6%$1,068,600 +5.8%
    2016$13,261 -3.7%$1,010,300 +5.6%
    2015$13,768 +14.9%$957,000 +18.9%
    2014$11,981 +2.1%$804,880
    2013$11,733 +25.2%$804,880 +23.9%
    2012$9,372 +15.1%$649,800 +14.5%
    2011$8,140 +20.4%$567,700 +17.1%
    2010$6,763 +0.5%$484,800 -6.5%
    2009$6,727 $518,518 +0.1%
    2008$6,727 -31.7%$518,000 -31.1%
    2007$9,854 $751,474 +2.5%
    2006-- $733,145 +3%
    2005-- $711,500 +217.5%
    2004$3,327 +29.9%$224,100 +34.7%
    2003$2,562 +83.7%$166,400 +82.5%
    2002$1,395 +9.5%$91,200 +4%
    2001$1,274 +6.2%$87,700 +7%
    2000$1,200 $82,000
    Find assessor info on the county website

    Neighborhood: 34241

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Lakeview Elementary
    • Middle: Sarasota Middle
    • High: Riverview High

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

    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
    $1,420,500
    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
    $1,420,500