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For sale
    • Price cut: $20K (6/15)
    $725,000

    5451 Lago Maggio St, Sarasota, FL 34238

    3beds
    1,918sqft
    Single Family Residence
    Built in 2022
    6,534 Square Feet Lot
    $-- Zestimate®
    $378/sqft
    $583/mo HOA

    What's special

    Quartz countertopsVersatile denEfficient open floor planExtensive custom landscapingWhole house water filtrationGas cookingModern kitchen appointments
    Experience waterfront living at its finest in this pristine Arezzo floor plan featuring 3 bedrooms, 2 baths, and a versatile den, all enhanced by an extended lanai showcasing breathtaking, unobstructed water views from a premium southern-exposure lot. Nestled within the gated Esplanade on Palmer Ranch community, this meticulously maintained home offers an efficient open floor plan with modern kitchen appointments including white maple cabinets, quartz countertops, and gas cooking, while solar panels with battery storage keep electric bills averaging just $35 monthly. The property features extensive custom landscaping, remote-controlled hurricane screens, whole house water filtration, and numerous premium upgrades throughout. Beyond the home itself, residents enjoy an exceptional resort-style lifestyle with state-of-the-art fitness center, wellness services, resort-style pool and spa, pickleball, tennis, bocce courts, dog parks, walking paths with private Legacy Bike Trail access, and the exclusive Bahama Bar offering restaurant and full-service bar—all within a vibrant community offering a full calendar of activities and social opportunities. This is more than a home—it's your gateway to the waterfront lifestyle you've been dreaming of. Remote Controlled Hurricane screens/ shutters, Solar power system with battery storage.
    92 days
    |
    452
    |
    5
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Philip Pisano, III 941-468-8603,

    MICHAEL SAUNDERS & COMPANY 941-388-4447,

    Wayne Fastzkie 941-315-0442,

    MICHAEL SAUNDERS & COMPANY

    Source: Stellar MLS,MLS#: A4672385MLS LogoOriginating MLS: Sarasota - Manatee

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      • Full bathrooms: 2
      Rooms
      • Room types: Den/Library/Office
      Primary bedroom
      • Features: Ceiling Fan(s), Walk-In Closet(s)
      • Level: First
      • Area: 168 Square Feet
      • Dimensions: 12x14
      Bedroom 2
      • Features: Ceiling Fan(s), Built-in Closet
      • Level: First
      • Area: 110 Square Feet
      • Dimensions: 11x10
      Bedroom 3
      • Features: Ceiling Fan(s), Built-in Closet
      • Level: First
      • Area: 136.5 Square Feet
      • Dimensions: 10.5x13
      Den
      • Features: Ceiling Fan(s)
      • Level: First
      • Area: 115.5 Square Feet
      • Dimensions: 11x10.5
      Dining room
      • Level: First
      • Area: 167.9 Square Feet
      • Dimensions: 14.6x11.5
      Kitchen
      • Level: First
      • Area: 143 Square Feet
      • Dimensions: 11x13
      Living room
      • Features: Ceiling Fan(s)
      • Level: First
      • Area: 272 Square Feet
      • Dimensions: 16x17
      Heating
      • Central, Electric, Natural Gas, Solar
      Cooling
      • Central Air
      Appliances
      • Included: Convection Oven, Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Tankless Water Heater, Washer
      • Laundry: Laundry Room
      Features
      • Ceiling Fan(s), Crown Molding, Open Floorplan, Primary Bedroom Main Floor, Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Thermostat, Walk-In Closet(s)
      • Flooring: Carpet, Ceramic Tile, Hardwood
      • Windows: Hurricane Shutters, Hurricane Shutters/Windows
      • Has fireplace: No
      Interior area
      • Total structure area: 2,484
      • Total interior livable area: 1,918 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 2
      • Parking features: Driveway, Garage Door Opener
      • Attached garage spaces: 2
      • Has uncovered spaces: Yes
      Features
      • Levels: One
      • Stories: 1
      • Patio & porch: Patio, Screened
      • Exterior features: Garden, Irrigation System, Lighting, Rain Gutters, Sidewalk
      • Has view: Yes
      • View description: Water, Lake
      • Has water view: Yes
      • Water view: Water,Lake
      • Waterfront features: Lake Front
      Lot
      • Size: 6,534 Square Feet
      • Features: Cul-De-Sac, Landscaped, Sidewalk
      • Residential vegetation: Mature Landscaping
      Details
      • Parcel number: 0138110363
      • Zoning: RSF1
      • Special conditions: None

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Mediterranean
      • Property subtype: Single Family Residence
      Materials
      • Block, Stucco
      • Foundation: Slab
      • Roof: Tile
      Condition
      • New construction: No
      • Year built: 2022

      Utilities & green energy

      • Electric: Photovoltaics Seller Owned
      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Cable Connected, Electricity Connected, Fire Hydrant, Natural Gas Connected, Sewer Connected, Solar, Street Lights, Underground Utilities, Water Connected
      Green energy
      • Energy efficient items: Solar Energy Storage On Site
      • Energy generation: Solar
      • Indoor air quality: HVAC UV/Elec. Filtration, Non Toxic Pest Control

      Community & HOA

      Community
      • Features: Association Recreation - Owned, Buyer Approval Required, Clubhouse, Community Mailbox, Deed Restrictions, Dog Park, Fitness Center, Gated Community - No Guard, Golf Carts OK, No Truck/RV/Motorcycle Parking, Pool, Restaurant, Sidewalks, Tennis Court(s)
      • Security: Gated Community, Smoke Detector(s)
      • Pet fee: $0 monthly
      • Subdivision: ESPLANADE ON PALMER RANCH
      HOA
      • Has HOA: Yes
      • Amenities included: Clubhouse, Fitness Center, Gated, Pickleball Court(s), Pool, Recreation Facilities, Security, Spa/Hot Tub, Tennis Court(s), Trail(s), Vehicle Restrictions
      • Services included: Common Area Taxes, Community Pool, Insurance, Maintenance Grounds, Manager, Pool Maintenance, Recreational Facilities
      • HOA fee: $583 monthly
      • HOA name: Taylor Young
      • HOA phone: 941-444-9146
      Location
      • Region: Sarasota

      Financial & listing details

      • Price per square foot: $378/sqft
      • Tax assessed value: $638,400
      • Annual tax amount: $6,986
      • Date on market: 11/17/2025
      • Cumulative days on market: 162 days
      • Listing terms: Cash,Conventional
      • Ownership: Fee Simple
      • Total actual rent: 0
      • Electric utility on property: Yes
      • Road surface type: Paved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        6/15/2026Price change$725,000-2.7%$378/sqft
        Source: Stellar MLS #A4672385 Report a problem
        4/24/2026Listed for sale$745,000-2%$388/sqft
        Source: Stellar MLS #A4672385 Report a problem
        3/18/2026Listing removed$760,000$396/sqft
        Source: Stellar MLS #A4672385 Report a problem
        3/9/2026Price change$760,000-1.9%$396/sqft
        Source: Stellar MLS #A4672385 Report a problem
        2/5/2026Listed for sale$775,000$404/sqft
        Source: Stellar MLS #A4672385 Report a problem
        1/27/2026Listing removed$775,000$404/sqft
        Source: Stellar MLS #A4672385 Report a problem
        1/23/2026Listed for sale$775,000$404/sqft
        Source: Stellar MLS #A4672385 Report a problem
        12/11/2025Listing removed$775,000$404/sqft
        Source: Stellar MLS #A4672385 Report a problem
        11/17/2025Listed for sale$775,000+36.1%$404/sqft
        Source: Stellar MLS #A4672385 Report a problem
        11/18/2022Sold$569,600$297/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$7,243 +3.7%$605,292 +2.9%
        2024$6,987 +3.3%$588,233 +3%
        2023$6,761 +216.4%$571,100 +265.2%
        2022$2,137 +11.8%$156,393 +10%
        2021$1,912 +1.3%$142,175 +10%
        2020$1,888 +27.4%$129,250 +10%
        2019$1,481 $117,500 -2.3%
        2018$1,481 $120,300
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        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: 34238

        Getting around

        0 / 100
        Car-Dependent
        0 / 100
        No Nearby Transit
        33 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Laurel Nokomis Elementary
        • Middle: Laurel Nokomis Middle
        • High: Venice Senior 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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