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Overview

4 bd5 ba4,964 sqft3 car garageSingle Family
TypeSingle Family
HOANone listed
Built2004
Lot12,804 sqft
Living area4,964 sqft
Price / sqft$1,138
Garage3 car

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Pricing, comps, HOA, the neighborhood. Answers before you fill out anything.

About this home

Smart HomeSplit BedroomStone CountersThermostatWalk-in Closet(s)Wet BarOutdoor GrillOutdoor Kitchen

1516 Ridgewood Ln is a 2004-built home in Aqualane Estates 3rd, Sarasota. Inside you'll find 4 bedrooms, 5 bathrooms, and 4,964 square feet of living space. Listed at $5,650,000 (about $1,138/sqft), 74 days on market. Flood zone AE - confirm flood insurance requirements with your lender.

From the listing

Some homes are built. Others are envisioned. 1516 Ridgewood is the result of an uncompromising pursuit of excellence—a California Pacific Palisades-inspired waterfront estate where timeless architecture, extraordinary craftsmanship, and Sarasota's coveted boating lifestyle converge into one remarkable residence. Completely reimagined with virtually every surface, system, and space thoughtfully transformed, this exceptional home was designed to live as beautifully as it looks. Sunlight pours through expansive impact glass, illuminating sophisticated interiors where clean architectural lines, custom finishes, and seamless indoor-outdoor living create an atmosphere of effortless elegance. Every detail reflects a commitment to quality rarely found in today's market. Anchoring the home is a spectacular chef's kitchen designed for both culinary excellence and unforgettable entertaining. An extraordinary suite of Wolf and Sub-Zero appliances—including an eight-burner gas range with griddle, built-in coffee system, Cove dishwasher, designer refrigeration, oversized pantry, and a dramatic entertaining bar—is complemented by custom cabinetry, multiple beverage centers, ice makers, and a stunning temperature-controlled glass wine room worthy of the finest private collections. The primary suite offers a tranquil retreat inspired by the world's finest luxury resorts, while beautifully redesigned guest suites provide exceptional comfort and privacy. Throughout the residence, Turkish shell stone flooring, TruStile doors, EMTEK hardware, floating custom cabinetry, Level 5 wall finishes, and designer appointments create an understated elegance that feels both warm and sophisticated. Behind the walls lies a level of engineering that is seldom seen. A state-of-the-art Josh AI automation system seamlessly integrates lighting, climate, security, audio, and mechanical systems into one intuitive platform, placing the entire home at your fingertips. Whole-home True Audio speakers, buried fiber connectivity, dedicated IT infrastructure, multiple wireless access points, and integrated security provide technology equal to the home's extraordinary design. Constructed with longevity in mind, the residence showcases impact-rated windows and doors, concrete block construction, spray foam insulation, a standing seam metal roof, elevated mechanical systems, new electrical service, new plumbing, new water and sewer infrastructure, WiFi-enabled tankless water heaters, and countless improvements that reflect an unwavering commitment to enduring quality. Outside, the boundaries between home and resort disappear. A completely reimagined pool, expansive terraces, architectural ceilings, lush tropical landscaping, dramatic landscape lighting, and a fully appointed Wolf outdoor kitchen create an extraordinary backdrop for entertaining beneath Sarasota's spectacular sunsets. For boating enthusiasts, the experience is simply unmatched. With newly dredged water access, newer dock, and no bridges to Sarasota Bay, spontaneous afternoons on the water and unforgettable Gulf sunsets become part of everyday life. More than a luxury residence, 1516 Ridgewood is a home that inspires. It is the rare combination of visionary design, uncompromising construction, intelligent technology, and an incomparable waterfront setting—created for those who believe true luxury is measured not only by beauty, but by the extraordinary way a home makes you feel.

The essentials

Built
2004
Price / sqft
$1,138
On market
74 days
Annual tax
$27,504
Flood zone
AE
Lot
12,804 sqft
Type
Single Family Residence

At a glance

Single family
Built 2004
Waterfront
Bay/Harbor
Private pool
In Ground
3 car garage
Electric Vehicle Charging Station(s)
0.29 acres
Lot size

Payment

Est. monthly payment
$34,584/mo
Down payment (20%)
$1,130,000
Property taxes
$2,292/mo
Rate assumed
6.8% · 30 yr
View full breakdown

Details

Type
Single Family Residence
Year Built
2004
Lot
12,804 sqft
Cooling
Central Air
Heating
Central
Parking
Electric Vehicle Charging Station(s), Garage Door Opener, Garage
Pool
In Ground
Waterfront
Bay/Harbor
Days on Market
74
Smart Home
Split Bedroom
Stone Counters
Thermostat
Walk-in Closet(s)
Wet Bar
Outdoor Grill
Outdoor Kitchen
Rain Gutters
Bar Fridge
Built-in Oven
Dishwasher
Disposal
Ice Maker
Microwave
Refrigerator
Tankless Water Heater
Wine Refrigerator
Elementary
Phillippi Shores Elementary
Middle
Sarasota Middle
High
Riverview High

Districts can re-zone, so verify directly with the district before relying on these.

Flood Zone AE
Annual Tax (2025)
$27,504
Parcel #
0106010051

Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.

Subdivision
Aqualane Estates 3rd
County
Sarasota
MLS Area
34231 - Sarasota/Gulf Gate Branch
Lot Size
12,804 sqft
In County

Price history

Date
Event
Price
9/15/2026
Price change
Source: Stellar MLS #A4701487
$5,650,000-5.8%
$1,138/sqft
8/4/2026
Listed for sale
Source: Stellar MLS #A4701487
$6,000,000
$1,209/sqft

Neighborhood

1516 Ridgewood Ln
Sarasota, FL, 34231 · 34231 - Sarasota/Gulf Gate Branch

Market insights

Offer Insights

Choose an offer strength

List price: $5,650,000
$5.45M – $5.65M
96.5% – 100% of listTops out right at the list price
80% of listList price
106 of the last 211 home closings in 34231 landed at this number or higher (50%). The median one sat 39 days before it went under contract, and this one is on day 74 after a $350,000 cut.

Sample: 211 closed home sales in 34231 over the last 8 months, Stellar MLS. A starting point, not a guarantee.

Talk through an offer with our team

Calculator

Est. monthly payment
$34,584/mo
Principal & interest$29,467
Property taxes$2,292
Insurance$2,825
Down payment20% · $1,130,000
Interest rate6.80%
Loan term

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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.

Quick answers.

Price

$5,650,000

$1,138 per sq ft

Beds and baths

4 beds, 5 baths

Size

4,964 sq ft

Time on market

74 days

Year built

2004

Monthly payment

About $34,584/mo

That is 20% down on a 30-year fixed at 6.8%, plus the home's $27,504 annual tax bill, insurance.

Flood zone

Zone AE

That is a high-risk designation, so a lender will normally require flood insurance. Confirm the current rate before you write an offer.

Offer

What should I offer?

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Brokered byMICHAEL SAUNDERS & COMPANYListing agent: Natalie GutweinListing data from Stellar MLS, MLS# A4701487.

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