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8218 Sanderling Road
Sarasota, FL 34242
$14,995,000
Conventional
Property
Bedroom
6
Bathroom
8
Property Type
Conventional
Square ft
10624
Property Description
Under contract-accepting backup offers. Imagine your very own resort-like estate in the heart of the most sought after community in all of Sarasota!  Sanderling Club is nestled on the south end of the world renown barrier island of Siesta Key.  This ultimate beachfront experience is the true definition of living in paradise.  This property offers the most exquisite home on almost 4.5 acres with over 300 feet of beachfront.  The primary residence with over 8,600 square feet of living space is ideally positioned, capturing the amber skyline and emerald green waterways of the Gulf of Mexico from every angle.  The interior design of this magnificent home is perfect for entertaining with the main living areas and spacious dining room facing the west to enjoy Southwest Florida sunsets every evening.   The custom kitchen features Rutt cabinetry, a large island with plenty of seating, Wolf and Sub-Zero appliances, gorgeous marble countertops accented by brushed gold hardware creating an elegant experience in the heart of the home. The family room creates a warm inviting feeling as soon as you enter the space.  The attention to detail throughout including custom moulding, built in shelving, views of mature tropical foliage, and the sparkling pool create such an incredible ambiance and place to create many fond experiences with family and friends.  The home office, only accessed through a secret hidden door, makes working from home a pleasure.  This property is meticulously well maintained with many recent updates to the main house including: brand new roof installed in 2023, new custom kitchen, beautifully renovated bathrooms, new engineered walnut flooring throughout, elegant marble flooring, custom wood millwork, a butler’s kitchen, LED lighting throughout, newer HVAC systems and ductwork, elevator, exterior patio railings, gated entry, Smart Home Wi-Fi enabled automation, and brand new hurricane impact window and doors installed in 2023.  The private owner's suite is on one level featuring a spa-like bathroom with tranquil water views.  The suite offers a private waterfront terrace and dual custom closets. The two guest suites also offer breathtaking views.  The lower level features another full service kitchen, an additional guest space or gym, two full bathrooms, a steam room, a sauna, an expansive garage, and additional storage room.  The second kitchen is easily accessible to the salt water pool and spa, a lighted tiki hut, outdoor fire pit, tennis courts, and a new paved drive space.  The guest house with over 2,300 square feet of living space was built in 2007 and is a kayaker's dream located on Heron Lagoon with 316 ft of waterfront .  With an open great room plan and high ceilings your guests will feel like they are in a tropical oasis. The guest house has a full kitchen, 2 en-suite, bedrooms, a large screened in terrace, and a large deck leading out to the boat dock.  The dock is ideal for launching your kayak or canoe.  Relax and simply sit on the dock and enjoy the sounds of birds chirping and the sound of palm trees swaying in the wind.  This estate is within the guarded & gated community of Sanderling Club. The community offers amenities such as:  a beach club, tennis and pickleball courts, Paul Rudolph-designed beach cabanas, playground, and dockage on the bay.
Property Information
Lot Size
4 acre(s) square ft
Property Type
Residential
Year Built
1986
MLS Number
A4572927
Location
Address
8218 SANDERLING ROAD
City
SARASOTA
State
FL
Zip Code
34242
County
SARASOTA (CITY)
Listing
Provider
Island Life Real Estate LLC, original listing
Name
Island Life Real Estate LLC
Phone
(941) 284-4474
Office Name
KELLER WILLIAMS ISLAND LIFE REAL ESTATE
Office Phone
(941) 254-6467
Agent Name
Brandy Loebker

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HUD foreclosures and VA Foreclosures are some of the best homes to buy when price is part of the equation. As with most Americans, price is always a concern. If not buying the same house for less, why not buy more house for the same dollar invested? When looking for a good deal it is hard to do better than the VA or HUD foreclosures market. The simple truth is that there are just more VA and HUD homes on the market, as they represent such a large number of mortgages that are generated each year. This translates into more foreclosures just by the magnitude of difference between all others comparing to the two largest. The two largest also being government owned and operated means that they have less time to wait to make money back on the home. The FHA is especially known for selling HUD homes for less than the average sales price in a given area. FHA foreclosures represent a fraction of HUD but they are still a significant number of homes and both should be considered. VA (Veterans Administration) and HUD (Housing and Urban Development) have different and unique opportunities for the buyer. Both are often forgiven for the local taxes normally associated with the purchase of a home (this is on a county by county basis). Be sure to ask the local title company or escrow company to look into it for you before closing as this is often missed due to their are not used to dealing with the 2 to 3 percent of the market that VA and HUD foreclosures represent.

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Foreclosure Listings Increasing

As the market settled after the mortgage meltdown foreclosure listings also settled and fewer homes were on the market with a placard reading “Bank Foreclosure” in big red lettering. This was a good thing for the entire real estate market. Having an abundance of foreclosures brings the entire market down and it makes it harder for home owners, who would like to move, to get the appropriate price for their home as a similar home down the same street was sold for substantially less and the appraiser is using the foreclosure as a comparable sale. This is just one of the problems when there are too many foreclosure listings in any area. Another issue is the television set that sits in everyone’s living room harping about the price of homes based on the number of foreclosures and this constant barrage of negative information makes most people sit on the sidelines waiting for the market to either implode completely or to correct itself. Meanwhile while they wait, others are buying foreclosure listings and making great investments. Whatever the reason, a market can only handle so many foreclosure listings at any given time. The more foreclosures, the lower the market gets and this is a lesson the banks that were foreclosing and selling off realized too late. The market and their investments would have been better off if there had not been a rush to divest themselves of the toxic assets made more toxic by their own actions.