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Home in Siesta Key listed for nearly $17 million

The designing and permitting process took 18 months to complete, and now the home is under construction.

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  • | 2:30 p.m. August 18, 2022
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A rendering of the exterior of the home in Siesta Key that was recently listed for $16.99 million. (Courtesy photo)
A rendering of the exterior of the home in Siesta Key that was recently listed for $16.99 million. (Courtesy photo)
  • Manatee-Sarasota
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A new opportunity to customize the finishes of a $16.99 million home on Siesta Key recently presented itself. Sarasota-based Seaward Development has listed the home at 4136 Higel Ave. After 18 months of designing and permitting, the home is finally under construction.

The estate, which occupies nearly 1 waterfront acre overlooking Big Pass with views of the Gulf of Mexico and South Lido Beach, offers 7,460 square feet of space. The main features include an eight-car garage, 1,500-square-foot rooftop terrace and a 1,530-square-foot guest house.

The home joins a double-digit group of residences for sale at eight-digit prices in Sarasota, as first reported on by the Sarasota Observer, sister paper of the Business Observer.

“There are 10 homes on the market now on our local islands and in downtown Sarasota priced over $10 million, and we expect this incredible property to sell quickly with the new buyer still able to customize some of the high-end interior finish work,” Patrick DiPinto, Seaward Development broker and principal, says in a release. “The market here in Southwest Florida continues to flourish.”

The highest-priced residential real estate to sell in Manatee and Sarasota counties history was a home in mainland Sarasota's Harbor Acres. It recently closed at $17.5 million. The highest priced property in Siesta Key sold last year for $14.1 million. 

Seaward’s home will feature five en-suite bedroom-bathrooms, two-and-a-half other bathrooms, as well as a two-bedroom, two-bathroom guest house. The main house will also have an office, a theater, a gym, game rooms, a gourmet kitchen with professional-grade German appliances and custom Italian cabinetry, a great room with 20-foot ceilings, a feature wall with electric fireplace, and 10-foot sliding glass doors between the interior and exterior spaces.

A heated salt water pool, spa and fire pit at the water’s edge, outdoor kitchen and a private gated entry will occupy the outdoor space. 

DSDG Architects of Sarasota is designing the home.

“Our vision was to take full advantage of the sweeping views of Big Pass and the Gulf of Mexico for this residence to embody a modern aesthetic that incorporates the architectural principles of the Sarasota School of Architecture,” says Mark Sultana, architect and principal with DSDG Architects, speaking of the design style named for the area.


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