5389 MANCHINI STREET, Sarasota, FL, 34238 | $1,034,000

Under contract-accepting backup offers. Welcome to luxury resort-style living in the highly sought-after community of Esplanade on Palmer Ranch. This exceptional 3-bedroom plus den Lazio model combines elegant design, smart-home convenience, and extensive high-end upgrades throughout. Designed with both luxury and functionality in mind, the home features hurricane-impact windows and sliders, soaring extended-height ceilings and doors, and an expanded gourmet kitchen complete with a wine fridge, oversized island with second sink, quartz countertops, and abundant entertaining space. Architectural details such as curved wall transitions, crown molding, and porcelain tile flooring throughout elevate the home’s sophisticated feel. The spacious owner’s suite offers an enlarged walk-in closet with a premium custom closet system and center island, while the pantry has also been upgraded with high-end built-in organization. Additional luxury touches include electric shades in the great room, smart home and alarm integration, built-in Sonos surround sound system, comfort-height toilets, and a tankless water heater. Step outside to the extended lanai featuring an outdoor kitchen, creating the perfect setting for entertaining and seamless indoor-outdoor Florida living in one of Palmer Ranch’s most desirable resort-style communities. Residents of Esplanade on Palmer Ranch enjoy a gated, maintenance-free lifestyle with world-class amenities including a resort pool and spa, Bahama Bar, fitness center, tennis, pickleball, bocce ball, walking trails, dog parks, wellness programs, social events, and direct access to the Legacy Trail. Ideally located near beaches, shopping, and dining, this home offers the perfect combination of luxury, comfort, and lifestyle.

Features

  • Amenities: Clubhouse, Fence Restrictions, Fitness Center, Gated, Pickleball Court(s), Pool, Recreation Facilities, Spa/Hot Tub, Tennis Court(s), Trail(s)
  • Rooms: 3
  • Bedrooms: 3
  • Baths: 3 full
  • Laundry: Electric Dryer Hookup, Gas Dryer Hookup, Inside, Laundry Room, Washer Hookup
  • Style: Mediterranean
  • Year Built: 2018
  • Garage: 2-car Garage Door Opener
  • Heating: Central, Electric
  • Cooling: Central Air
  • Approx Sq. Feet: 2,403
  • Acreage: 0.2
  • Est. Taxes: $6,073
  • HOA Fee: $1,680 Quarterly
  • Lot Desc: In County, Landscaped, Sidewalk
  • View: Water
  • Water Front: Yes
  • Elem. School: Laurel Nokomis Elementary
  • Middle School: Laurel Nokomis Middle
  • High School: Venice Senior High
  • Pet Policy: Cats OK, Dogs OK
  • Appliances: Bar Fridge, Built-In Oven, Convection Oven, Cooktop, Dishwasher, Disposal, Dryer, Microwave, Range, Range Hood, Refrigerator, Tankless Water Heater, Washer
  • MLS#: A4693107
  • Days on Market: 10 days
  • Website: https://www.raveis.com
    /eprop/A4693107/5389manchinistreet_sarasota_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 5/26/2026 12:05:21 AM)
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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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5389 MANCHINI STREET, Sarasota, FL, 34238

$1,034,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $827,200 $827,200 $827,200
Term 360 months 360 months 180 months
Initial Interest Rate** 6.000% 6.250% 6.000%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.362% 6.385% 6.223%
Monthly Tax Payment $506 $506 $506
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $4,959 $5,093 $6,980
Total Monthly Payment $5,590 $5,724 $7,611

* 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.  The Total Monthly Payment does not include the estimated HOA/Common Charge payment.