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New and refreshed listings on the market

by Roger Pettingell

It's October, ready for peak season

Fresh new inventory for Longboat Key and Sarasota luxury home buyers

Grand Bay
Overlooking Harbourside - Grand Bay Blvd, #461

As we head into mid-October we have a good idea what is going to happen in the luxury waterfront market. There will be buyers looking for good property to buy. They won’t be kicking the tires, they will be serious buyers. With a good economy it is more imperative that we put our best foot forward and show a good inventory to interested buyers. This past week we made active 11 properties we held back waiting for peak season and five new listings to present good opportunities for buyers.

Here are five new listings to consider. The first is a rarely available Antigua residence in the coveted Building IV at Grand Bay. This beautifully updated sixth-floor residence highlights breathtaking bay, marina and city views. Walk in and fall in love with the designer renovations including new flooring, custom finishes, built-ins and access to the wraparound terrace from every room at 3010 Grand Bay Blvd, #461.

If you are looking in Englewood find ideal Gulf-front living in this 4BR beach home at 7760 Manasota Key Road. Flourishing in recent renovations, from the Florida pine wood floors, to the glass French doors that open to your own boardwalk to the beach, this delightful getaway will be hard to ever leave.

The treat of maintenance-free living behind secure club gates can be yours to enjoy at this 4BR Queens Harbour residence. Beautifully maintained, offering many updates throughout, including a modified layout that added substantial square footage, neutral decor, cathedral tray ceilings, newer eat-in kitchen and custom built-ins. Enjoy the amenities with deeded access to the Bay Isles Beach Club at 3531 Fair Oaks Lane.

Winding Oaks
REALTALK™ #216 - Winding Oaks

Winding Oaks residents adore this neighborhood's tranquil environment, offering a newly upgraded swimming facility with heated infinity pool, lounge areas and lakeside walking trails. I listed two in this community, discussed in REALTALK™ #216, both overlooking the water of the Blue Heron course, the final nine of the Harbourside Golf Course.

Contemporary upgrades accentuate every inch of this chic lakefront home at 3427 Winding Oaks Dr, #14. Includes a radiant ambiance which offers clean lines, unique flooring, designer kitchen that opens to the living/dining room, high-end adornments, stone wall accents, brand-new bathrooms, private swimming pool and spa, screened patio and much more.

The home at 3431 Winding Oaks Dr, #16 is situated in a prime spot, overlooking peaceful lake waters. This 3BR residence has been recently updated throughout. Relish a luxurious maintenance-free lifestyle, within biking distance to the deeded private beach through the Bay Isles Beach Club.

Refreshed listings back on the market for peak season

Sometimes we take the summer months to review homes that need to be fresh on the market during peak season. We use this time to throw a fresh coat of paint on the walls, replace some aging mechanicals and make the home more appealing from the curb. We have 11 back on the market that are sure to make their new home owners glad they purchased in the Sarasota area.

16416 Baycross Drive
Lake Club - 16416 Baycross Drive

The first is an absolute stunning adult sports park at 16416 Baycross Drive, a lifestyle estate in The Lake Club that was built in 2015. Boasting one-of-a-kind, spectacular amenities all on one floor, including its own professionally designed 5-hole golf course, 1/8 mile running track, tennis court, basketball court, gym, motor courtyard, car museum, drawing room, billiards and media rooms, library, plus 1,000-bottle wine cellar. This walled 5BR estate in a private, gated community is surrounded by expanses of lush foliage and Savannah. The Lake Club is an exclusive gated community in Lakewood Ranch.

Perfectly positioned just two homes in from the open bayfront, offering stunning views of Sarasota Bay and John Ringling Bridge, this newer 4BR Harbor Acres home is immediately ready for you to begin enjoying. Built to the highest standards in 2009, features include a custom-designed layout with all conveniences on one floor, impact doors, windows and sliders, elevator, 14’ ceilings, Travertine flooring, coffered ceiling treatments, waterside swimming pool, plus boat dock and lift at 1352 Harbor Drive.

Back on Longboat Key I have a brand new 4BR home, completed in 2019, which rests on sailboat waters that flow out to Sarasota’s open bayfront. Offering more than 4,300 SF of gorgeous interior, this is the best of waterfront living. Fall in love with the convenience of new construction, featuring new seawall, impact windows/sliders, designer finishes, first-floor master-sized guest suite, second level including family room and expansive master with its own balcony, plus elaborate outdoor entertaining with summer kitchen and fire pit. You must see this Country Club Shores new home at 560 Putter Lane.

Enjoy breathtaking sunset views and walk to downtown Sarasota from this fourth-floor bayfront Phoenix residence on the famed Golden Gate Point neighborhood at 136 Golden Gate Pt, #401. More than 3,700 SF of stylish interior, with an open concept, make this 3BR feel like a single-family home. Direct vistas of Sarasota Bay and John Ringling Bridge stretch on forever from nearly every room. Offering hardwood flooring, gas cooking and grills, stone countertops, designer cabinetry and a wraparound terrace.

658 Mourning Dove Drive
Bird Key - 658 Mourning Dove Drive

The home at 658 Mourning Dove Drive on Bird Key is back on the market. You will love the fabulous, coastal contemporary updates found throughout this waterfront home. Overlooking tranquil waters that reach out to Sarasota Bay and the Gulf of Mexico beyond, this 3BR home is situated near the end of the cul-de-sac on Mourning Dove’s sought-after street. Bird Key is ideally located with a short drive to the west for the beaches and over the Ringling Bridge to the east for downtown Sarasota. Every aspect, inside and out, of this luxury home has been renovated to enhance the sunny, inviting atmosphere.

Built by famed architect Mark Sultana of DSDG Inc., this modern, move-in ready boater’s paradise is located on a quiet canal along Longboat Key’s north end at 705 Jungle Queen Way. Yachtsmen will love the secluded feeling of this waterfront home, with its newer seawall and IPE wood dock in 2011, under-dock lights and new 10,000 lb. lift in 2016 able to accommodate a 22-footer. This newer elevated, 4BR home abounds in clean lines, open concept and a neutral decor that perfectly complements the contemporary family’s lifestyle.

Enjoy a tranquil lakefront lifestyle at this lovely 3BR plus den residence at 3635 Fair Oaks Place on Longboat Key. It technically becomes our second new listing in Queens Harbour last week. Brick pavers surround the exterior, welcoming you with a glass double-door entry. The floor plan, modified during its original construction, offers more than 3,000 SF of custom-designed interior, with cathedral ceilings, oversized tile flooring throughout, crown molding, granite countertops, plus a private master wing. See this home behind 24/7 manned guard gates with deeded access to the Bay Isles Beach Club.

76 Osprey Point Drive
The Oaks - 76 Osprey Point Drive

Many home owners enjoy the Osprey area in south Sarasota and the home at 76 Osprey Point Drive was designed by Harry MacEwen. This custom-built residence is located behind the exclusive gates of The Oaks Country Club, situated on more than a 1/4-acre of property and surrounded by lush vegetation. Offering lovely features, the light and open interior 3BR includes crown molding, soaring tray ceilings, plantation shutters, custom built-ins, formal dining room a few steps from the generous living room and a den with gas fireplace. Glass French doors in multiple rooms open to the pool deck and enhance this home’s bright atmosphere.

You may be looking for a residence on the Gulf of Mexico beaches of Longboat Key. Beautifully renovated and completely ready to move into, this Gulfside residence is a flourish of recent updates, offering picture-perfect views at every turn. The 3BR, 1,600+ SF interior is a rare offer at the Player’s Club. Fall in love with the oversized diagonal tile flooring, crown molding, new designer bathrooms and wonderfully renovated kitchen that overlooks the living/dining room. Relish breathtaking vistas of evening sunsets and ideal Gulf breezes from the open terrace. Also includes first-rate, completely updated community amenities at 1445 Gulf of Mexico Dr, #202.

Grand Bay is always popular and our second new listing is no exception to this secluded Bayside community at 3060 Grand Bay Blvd, #112. Move right in and immediately begin enjoy this charming 3BR Biscayne residence. In close proximity to many first-rate community amenities, with an expansive terrace that wraps from one end of the residence to the other and access from just about every room. Walls of glass in most rooms allow for plenty of sunny views of Harbourside golf course and Sarasota Bay. Offered furnished, you will appreciate the stone flooring, open layout, private bedroom suites and eat-in kitchen. Bike to the private Bay Isles Beach Club.

4960 Gulf of Mexico Dr, #PH5
Windward Bay - 4960 Gulf of Mexico Dr, #PH5

We might have saved the best for last. This 2BR, top-floor Windward Bay residence is a flourish of views of the community marina that stretch out to Sarasota Bay’s tranquil waters. The bayfront terrace at 4960 Gulf of Mexico Dr, #PH5 has been enclosed to create a sunny Florida room. It offers new windows installed in May 2019 to optimize the interior space. The marina is a wonderful place to dock your boat on sailboat-deep waters, for a small additional fee. You will love the convenience of three Gulf of Mexico beach access points. Ready to renovate, rent or enjoy, this penthouse residence offers more than 1,300-square feet of living space and an open layout.

And there will be more. Soon we will be listing residences at Tiffany Plaza, Grand Bay and a spectacular penthouse at L’Ambiance. But you don't have to wait, we can show them now. Please contact me at (941) 387-1840 for an exclusive showing or if you have a property to sell or buy.

 

Call us at (941) 387-1840 for an exclusive showing

 

Sarasota Area Construction Updates

by Roger Pettingell

Ground Broken in Sarasota, Longboat Key

Updates to the Vue, Aria and Infinity Condominiums

Back in April I wrote about new construction projects that will add more residences to Longboat Key and Sarasota, most in the form of condominium communities. These new developments are fueled by rising prices in the local housing market. The updates are encouraging to those who wish to purchase these luxury residences on, or near, waterfront beach property. It has been eight years since new product has been available, so this recent surge in construction is welcomed.

Drive along Gulf of Mexico Drive on Longboat Key and you will be drawn to the construction near the Bay Isles area on the Gulf side. As of last notice, 13 of the 16 condominiums with a total value of $62 million at the Aria are under contract. The construction is quite noticeable on the historic Villa am Meer estate. The original home and the gated entrance to the 1935 home remain intact, which developers U.S. Assets Group and Jay Tallman plan to surround with a Wellness Center and recreation center with a private dining room, wine cellar and fully equipped guest suite. The beach side pool is designed with an overhead rain curtain. It is reported that the three remaining properties range in price upwards from $3.6 million.

The new Aria has many amenities for someone considering a luxury waterfront condominium. Peering through the old gated driveway of the Villa am Meer estate you can see the 1935 original home that will be restored to complement Aria's features.

An artist drawing on left showing the new Aria. On the right is a photo taken this week through the old Villa am Meer gate that shows the 1935 home in the far background on the left.

Cross over the John Ringling Causeway into Sarasota and it’s easy to find construction of the "Vue Sarasota Bay", near the Ritz-Carlton at Route 41. Here, developers the Kolter Group, have 144 moderately priced residences in construction on this high profile plot of land. The location is ideal and the $800,000 starting price will be attractive to those looking for a local upgrade, or to new residents of the area. Floor plans start at 1,945 square feet for a 2 bedroom and 2.5 bathroom unit, up to a 2,824 square feet of living space. There are nine floor plans for the penthouse suites. According to developers, 40 units are under contract in this 19 story luxury complex. A restaurant and bar are planned for the top floor of this high rise building.

The $120 million project cost for Vue Sarasota Bay has a completion date set for the fall of 2015 with its accompanying Westin project soon after in the winter of 2016. The Westin is expected to have 155 hotel rooms for visitors when completed. Sarasota is alive with new construction projects. The Sarasota Downtown Community Redevelopment Authority Area status report was released to the public on the same day I initially wrote this article. Over 20 projects are listed on the report that will create new buildings or redefine existing structures to add lodging to this growing city.

The Vue Sarasota Bay is now under construction. When completed as in the artist rendering at left, 144 moderately priced units will be available. Construction recently started on the Vue Sarasota Bay.

The Vue Sarasota Bay is now under construction. When completed as in the artist rendering at left, 144 moderately priced units will be available, of which 40 are in contract. In the recent right photo construction has begun with the Ritz-Carlton looming in the background.

Infinity on Longboat Key announced this month it was implementing Wicked Smart Homes technology in each of the 11 luxury condominiums at 4700 Gulf of Mexico Drive. Construction is expected soon for these three and four bedroom units and two penthouses. The smart home technology will allow owners to control security and comfort levels of their condominium from any location in the world that has Internet connectivity for a smartphone, tablet or desktop computer. Recreational amenities at the Infinity include a lighted HarTru tennis court, heated infinity edge swimming pool and spa surrounding a paver sun terrace overlooking the Gulf of Mexico.

Look for more updates to more of the developments planned in Sarasota and on Longboat Key. There is a resurgence of interest in luxury waterfront properties. Let me put my experience to work for you, call me if you are interested in buying or selling in the area. We can discuss these new construction homes or any other property you may have an interest in.

Updated August 29, 2014 with the Sarasota Downtown Community Redevelopment Authority Area status report. Here is the most current update report.

 

Kitchen Remodeling

by Roger Pettingell

Kitchen Remodeling for Comfort and Resale

Evaluating the benefits of remodeling for an open kitchen

REALTALK #6 video - Kitchen remodeling
REALTALK™ #6 - Kitchen remodeling - May 28, 2014. Click on the image above for the video.

A white kitchen was a great modeling scheme, particularly when outfitting your home for resale. What we see trending now though is an open kitchen for the best return when buyers are looking at homes. The open kitchen is the new “white”.

Kitchens are becoming the heart of the home. Families are gathering more in the kitchen and there is more entertainment of guests in a dining room that is open to the kitchen. Buyers react favorably to a home that has an open kitchen floor plan.

When considering a remodeling project for the home look at your kitchen. In my REALTALK™ video, episode 6 on May 28, I presented a beautiful kitchen from my listing at 2735 Gulf of Mexico Drive here in Longboat Key. There is plenty of room for interaction with guests in this open kitchen. The cost benefits are conclusive, homes with an inviting kitchen are selling faster. You can now consider tearing down walls, even while remodeling a condominium unit. Hesitant home owners should consider opening up the kitchen for a better atmosphere for themselves and to generate a higher resale value.

The kitchen at 1561 Blue Heron Drive in Sarasota has an open floor plan.
The kitchen at 1561 Blue Heron Drive in Sarasota has an open floor plan.

Forbes magazine staff writer Morgan Brennan presented the kitchen makeover as one her ten best remodeling projects for resale consideration. She based some of her conclusions on the Cost versus Value analysis conducted each year by Remodeling magazine. Kitchen remodeling typically has a high return on investment in this annual report.

Remodeling magazine recently released the 2014 analysis, comparing 13 different remodeling categories. The magazine considered major and minor kitchen remodeling projects in its report. Their reports are easy to follow and presented as a national average or broken out by region or major metropolitan. The closest city in the report this year is Tampa Bay.

In the Tampa area, $34,088 of a $52,086 major kitchen remodeling was recouped in the resale of homes. The 65.4% recovery reduced the cost of the project, but it also attracted home buyers. Almost 77% was recouped with a minor kitchen remodeling project at $17,890. You can read the entire 2014 Remodeling magazine Cost versus Value report for the Tampa Bay area.

While you are at it, look at some other projects that returns a high value. If your front entry door is out of date, consider a replacement. Of the top three projects, replacing an entry door with a steel door adds 149% of the cost to the resale value. Recoup 108% with a garage door replacement and 93.3% with a fiberglass replacement.

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Why Choose
Roger Pettingell?

Experience

  • Over 33 years as a top producing REALTOR® on Longboat Key and in Sarasota.

Achievements

  • Number 1 single Coldwell Banker agent in all of Florida for 2008, 2010, 2012, 2013, 2014, 2015, 2016 and 2017
  • Number 1 Realtor on Longboat Key and Bird Key for 2008, 2010, 2012, 2013, 2014, 2015, 2016, 2017 and 2018
  • Number 1 Realtor for all Sarasota in 2008, 2010, 2012, 2013, 2014, 2015, 2016, 2017 and 2018
  • Coldwell Banker Society of Excellence award in 2013, 2014 and 2016
  • Ranked among the top 250 agents in the country for 2014, 2016 and 2017 by REAL Trends as reported in the Wall Street Journal.

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About Roger Pettingell

Roger Pettingell of Coldwell Banker Residential Real Estate is your Longboat Key, Florida Luxury Real Estate Specialist. Roger provides his real estate expertise to sellers, investors, developers, and buyers in the Sarasota area including Anna Maria, Bird Key, Bradenton Beach, Casey Key, Cortez, Grand Bay, Holmes Beach, Longboat Key, Marina Bay, Osprey and Siesta Key. Search for homes, luxury homes, condominiums, investment property, development property, and vacant land and lots on the Longboat Key, Florida and the surrounding area.