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Overview

3 bd2 ba1,926 sqft2 car garageSingle Family
TypeSingle Family
HOA$1,597/qtr
Built2016
Lot7,168 sqft
Living area1,926 sqft
Price / sqft$363
Garage2 car

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About this home

Ceiling Fans(s)Crown MoldingHigh CeilingsPrimary Bedroom Main FloorSolid Wood CabinetsSplit BedroomStone CountersThermostat

8737 Bellussi Dr is a 2016-built home in Cobblestone/Palmer Ranch Ph 2, Sarasota. Inside you'll find 3 bedrooms, 2 bathrooms, and 1,926 square feet of living space. Listed at $699,900 (about $363/sqft), 60 days on market. Flood zone X - outside the FEMA high-risk areas, which keeps insurance manageable. HOA runs $1,597 quarterly.

From the listing

Welcome to a designer-enhanced lakefront retreat in the gated, maintenance-free community of Cobblestone on Palmer Ranch, where elevated interiors, thoughtful upgrades and serene water views create an exceptional Florida lifestyle. Offering 2,483 total square feet, this meticulously maintained three-bedroom, two-bath residence with a private den/office has been beautifully elevated with curated finishes and designer details throughout. At the heart of the home, the bright, open-concept kitchen blends style and function with chef-grade appliances, an induction range with cookware included, a gourmet refrigerator offering three types of ice, granite countertops and a newly installed designer tile backsplash. The adjoining dining and living areas create an effortless flow for entertaining, enhanced by tray ceilings, crown molding, custom lighting, plantation shutters and a fresh designer color palette. The home's unobstructed lake views take center stage from the main living areas and primary suite. Sliding doors open to an expansive screened lanai with paver flooring and desirable west/northwest exposure, the ideal setting to enjoy colorful Florida sunsets reflecting across the water. Generously sized for dining and lounging, the lanai is also plumbed for a future gas outdoor kitchen, offering the opportunity to create an impressive open-air entertaining space overlooking the lake. The private primary suite is a peaceful retreat with tranquil water views, a spacious custom built-out walk-in closet and an en-suite bath featuring a walk-in shower and dual vanities. Two additional bedrooms provide comfortable accommodations for family and guests, while the separate den offers flexibility as a home office, media room or additional retreat. Designer enhancements continue throughout the residence with new luxury vinyl flooring in three rooms, and ceramic tile throughout the remaining living spaces. The two-car garage provides additional attic storage and includes a tankless gas water heater. Professionally refreshed landscaping with new plantings and mulch adds to the home's polished curb appeal. Residents enjoy a resort-inspired lifestyle with a heated community pool, lighted pickleball and bocce courts, dog park, social clubhouse and an on-site lifestyle manager. Ideally positioned in Palmer Ranch, the home is convenient to the Legacy Trail, downtown Sarasota, exceptional dining, arts and cultural attractions, shopping and Sarasota's renowned Gulf beaches. With no CDD fees and no flood insurance required, this beautifully upgraded, move-in-ready residence offers an ideal combination of designer style, low-maintenance living and captivating lake and sunset views, ideal as a full-time residence, seasonal escape or second home.

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The essentials

Built
2016
Price / sqft
$363
On market
60 days
Annual tax
$6,611
HOA
$1,597/qtr
Flood zone
X · Low risk
Lot
7,168 sqft
Type
Single Family Residence

At a glance

Single family
Built 2016
Waterfront
Pond
Community pool
Fitness center too
2 car garage
Driveway
7,168 sqft lot
Lot size

Payment

Est. monthly payment
$5,083/mo
Down payment (20%)
$139,980
Property taxes
$551/mo
HOA
$1,597/qtr
Rate assumed
6.8% · 30 yr
View full breakdown

Details

Type
Single Family Residence
Year Built
2016
Lot
7,168 sqft
Cooling
Central Air
Heating
Central, Electric
Parking
Driveway, Garage Door Opener
Waterfront
Pond
Days on Market
60
Ceiling Fans(s)
Crown Molding
High Ceilings
Primary Bedroom Main Floor
Solid Wood Cabinets
Split Bedroom
Stone Counters
Thermostat
Walk-in Closet(s)
Rain Gutters
Sidewalk
Buyer Approval Required
Clubhouse
Community Mailbox
Deed Restrictions
Dog Park
Fitness Center
Gated Community - No Guard
Pool
Sidewalks
Tennis Court(s)
Convection Oven
Dishwasher
Disposal
Dryer
Microwave
Range
Refrigerator
Tankless Water Heater
Washer
Elementary
Gulf Gate Elementary
Middle
Sarasota Middle
High
Sarasota High

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

Homestead exemption on file Flood Zone X
Annual Tax (2025)
$6,611
Parcel #
0100010126

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
Cobblestone/Palmer Ranch Ph 2
County
Sarasota
MLS Area
34238 - Sarasota/Sarasota Square
Lot Size
7,168 sqft
In CountyLandscapedSidewalkPrivate
HOA
$1,597/qtr
Celina Foster

Price history

Date
Event
Price
9/10/2026
Price change
Source: Stellar MLS #A4703173
$699,900-7.9%
$363/sqft
8/12/2026
Listed for sale
Source: Stellar MLS #A4703173
$759,900
$395/sqft

Neighborhood

8737 Bellussi Dr
Sarasota, FL, 34238 · 34238 - Sarasota/Sarasota Square

Market insights

Offer Insights

Choose an offer strength

List price: $699,900
$680,000 – $699,900
97.1% – 100% of listTops out right at the list price
80% of listList price
85 of the last 169 home closings in 34238 landed at this number or higher (50%). The median one sat 38 days before it went under contract, and this one is on day 60 after a $60,000 cut.

Sample: 169 closed home sales in 34238 over the last 8 months, Stellar MLS. A starting point, not a guarantee.

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Calculator

Est. monthly payment
$5,083/mo
Principal & interest$3,650
Property taxes$551
Insurance$350
HOA$532
Down payment20% · $139,980
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%. HOA is the fee reported on the listing. 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

$699,900

$363 per sq ft

Beds and baths

3 beds, 2 baths

Size

1,926 sq ft

Time on market

60 days

Year built

2016

Monthly payment

About $5,083/mo

That is 20% down on a 30-year fixed at 6.8%, plus the home's $6,611 annual tax bill, insurance, and the $1,597/qtr HOA fee.

HOA fee

$1,597/qtr

Managed by Celina Foster.

Flood zone

Zone X

That is outside the high-risk areas, so flood insurance is usually optional rather than required by a lender.

Offer

What should I offer?

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Brokered byPREMIER SOTHEBY'S INTERNATIONAL REALTYListing agent: Lori Carey, LLCListing data from Stellar MLS, MLS# A4703173.

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