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Presented by
The Magyar Team |
1435 WESTWAY DRIVE, Sarasota, FL, 34236 | $10,995,000
A Coastal Masterpiece in Lido Shores
Tucked away at the end of a quiet cul-de-sac in the prestigious Lido Shores community, this extraordinary coastal estate redefines luxury living with a seamless blend of British West Indies design and modern sophistication. Boasting over 110 feet of prime waterfront on New Pass, the property offers direct, deepwater access to the Gulf of Mexico and Sarasota Bay—making it a dream for boating enthusiasts.
Winner of HGTV’s 2021 Ultimate House Hunt for waterside homes, this gated retreat sits among some of the most iconic and architecturally notable residences in Sarasota. Residents of Lido Shores enjoy private, gated access to the serene sands of North Lido Beach, just moments away.
Crafted in 2013 and designed by renowned architect Brian Phipps, the five-bedroom, smart-enabled home was built for effortless living and entertaining. Two spacious primary suites—one on each level—offer flexibility and privacy, while the elevator connects both floors for optimal convenience. Dramatic 12-foot ceilings, expansive walls of glass, and multiple covered terraces create an immersive indoor-outdoor experience that captures the tranquil beauty of the waterfront.
The great room is a study in relaxed elegance, featuring custom built-ins and a gas fireplace that flows into a chef’s kitchen outfitted with premium appliances, including a Wolf gas range, dual Miele dishwashers, and a 60” Sub-Zero refrigerator/freezer. A dedicated second-floor guest wing offers two bedrooms, two baths, and a kitchenette—ideal for hosting in comfort and style.
Upstairs, the main owner’s suite is a private sanctuary complete with a lounge area, wet bar, wine fridge, espresso station, and study—each space opening onto a sweeping terrace with spectacular views of New Pass and the Gulf beyond. Dual walk-in closets and a spa-inspired bath with soaking tub, walk-in shower, and private balcony complete the suite.
Outside, enjoy a resort-like setting with a summer kitchen, heated pool featuring a waterfall and hidden lounging alcove, and an all-weather dock with a 24, 000 lb boat lift plus an additional 4, 500 lb lift for jet skis. The home is set on three-quarters of an acre, which includes an adjacent, buildable lot transformed into a lush garden oasis with meandering paths, a serene pond, custom lighting, and a cascading waterfall. This unique space offers potential for expansion with a guest house or additional residence.
Located just minutes from St. Armands Circle and downtown Sarasota, this estate offers a rare opportunity to experience the very best of Florida's Gulf Coast living—where architecture, nature, and elegance meet.
Features
- Elevator: Y
- Rooms: 12
- Bedrooms: 5
- Baths: 6 full / 2 half
- Laundry: Laundry Closet, Laundry Room, Upper Level
- Style: Custom
- Year Built: 2013
- Garage: 4-car Garage Door Opener, Garage Faces Side, Ground Level
- Heating: Central, Zoned
- Cooling: Central Air, Zoned
- Approx Sq. Feet: 5,759
- Acreage: 0.72
- Est. Taxes: $120,103
- Lot Desc: Cul-De-Sac, Flood Insurance Required, City Lot, Oversized Lot, Street Dead-End
- View: Water
- Elem. School: Southside Elementary
- Middle School: Booker Middle
- High School: Sarasota High
- Pool: Child Safety Fence, Deck, Gunite, Heated, In Ground, Lighting, Salt Water
- Pet Policy: Yes
- Appliances: Bar Fridge, Built-In Oven, Cooktop, Dishwasher, Disposal, Dryer, Freezer, Gas Water Heater, Ice Maker, Microwave, Range Hood, Refrigerator, Tankless Water Heater, Washer, Wine Refrigerator
- MLS#: A4649531
- Days on Market: 148 days
- Website: https://www.raveis.com
/eprop/A4649531/1435westwaydrive_sarasota_fl?source=qrflyer
William Raveis Family of Services
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
The Magyar TeamLuxury Properties Specialist
203.912.7800
TheMagyarTeam@Raveis.com
Our family of companies offer our clients a new level of full-service real estate. We shall:
- Market your home to realize a quick sale at the best possible price
- Place up to 20+ photos of your home on our website, raveis.com
- Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
- Showcase your home on raveis.com with a larger and more prominent format
- Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology
To learn more about our credentials, visit raveis.com today.
Joseph MollicaVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 130058
203.952.8600
Joseph.Mollica@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Alex FerroInsurance Sales Director, William Raveis Insurance
203.610.1536
Alex.Ferro@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
1435 WESTWAY DRIVE, Sarasota, FL, 34236
$10,995,000
The Magyar Team
Luxury Properties Specialist
William Raveis Real Estate
Phone: 203.912.7800
TheMagyarTeam@Raveis.com
Joseph Mollica
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 203.952.8600
Joseph.Mollica@raveis.com
NMLS Mortgage Loan Originator ID 130058
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $8,796,000 | $8,796,000 | $8,796,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.625% | 6.000% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.353% | 6.121% | 6.038% |
| Monthly Tax Payment | $10,009 | $10,009 | $10,009 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $50,635 | $52,736 | $73,633 |
| Total Monthly Payment | $60,769 | $62,870 | $83,767 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
FL Mortgage Lender MLD1388