1640 Summerhouse Ln #40, photo 1
Active
1 / 77

Overview

3 bd3 ba2,166 sqftCondominium
TypeCondominium
HOANone listed
Built2007
Lot152,656 sqft
Living area2,166 sqft
Price / sqft$739

Ask anything about this home

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

About this home

ElevatorHigh CeilingsLiving Room/Dining Room ComboOpen FloorplanSolid Wood CabinetsSplit BedroomThermostatTray Ceiling(s)

1640 Summerhouse Ln #40 is a 2007-built home in Summer Cove On Siesta, Sarasota. Inside you'll find 3 bedrooms, 3 bathrooms, and 2,166 square feet of living space. Listed at $1,600,000 (about $739/sqft), 0 days on market. Flood zone AE - confirm flood insurance requirements with your lender.

From the listing

Rarely available at Summer Cove on Siesta Key, this exceptional 3-bedroom, 2.5-bath residence offers an elegant opportunity to enjoy the best of island living. Set within a gated Gulf-to-Bay community built in 2005, the residence features beautiful views from every window, abundant natural light, and deeded beach access. A private elevator opens directly to the residence, where comfort and coastal sophistication come together effortlessly. The thoughtfully designed kitchen serves as a beautiful centerpiece, while two expansive balconies extend the living space outdoors. Two tandem garage spaces provide secure, convenient parking. There is deeded beach access and a kayak launch for an easy way to enjoy the surrounding waterways and explore the coast. At the heart of the community is a beautifully renovated clubhouse. It was formerly the renowned Summerhouse Restaurant and a memorable part of Siesta Key history. Today, this distinctive gathering space features a new fitness center, game room, pool tables, library, and more—creating an inviting setting for recreation, entertaining, and relaxation. Outdoor amenities include a resort-style pool and spa, and a barbecue area. With its private elevator, generous outdoor spaces, secure garage parking, deeded beach access, and exceptional community amenities, this rarely offered residence presents a distinctive opportunity to experience Siesta Key in comfort and style. Siesta Key shops, restaurants, and beaches are just minutes away. Also, it’s just a short drive downtown Sarasota, St. Armand’s Circle, and Longboat Key. Schedule your private tour today!

Request documents

Free. Tap one and our team sends it over.

The essentials

Built
2007
Price / sqft
$739
On market
1 day
Annual tax
$9,294
Flood zone
AE
Lot
152,656 sqft
Type
Condominium

At a glance

Condo
5 stories · 2007
Water + city views
City
Community pool
Fitness center too
Private balcony
Outdoor space
2,166 sqft
Living area

Payment

Est. monthly payment
$9,919/mo
Down payment (20%)
$320,000
Property taxes
$774/mo
Rate assumed
6.8% · 30 yr
View full breakdown

Details

Type
Condominium
Year Built
2007
Lot
152,656 sqft
Cooling
Central Air
Heating
Electric
Parking
-
Days on Market
1
Elevator
High Ceilings
Living Room/Dining Room Combo
Open Floorplan
Solid Wood Cabinets
Split Bedroom
Thermostat
Tray Ceiling(s)
Walk-in Closet(s)
Window Treatments
Balcony
Outdoor Grill
Outdoor Kitchen
Barbecue
Clubhouse
Community Mailbox
Deed Restrictions
Fitness Center
Gated Community - No Guard
Pool
Street Lights
Built-in Oven
Cooktop
Dishwasher
Disposal
Dryer
Microwave
Range
Range Hood
Refrigerator
Washer
Elementary
Phillippi Shores Elementary
Middle
Brookside Middle
High
Sarasota High

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

Flood Zone AE
Annual Tax (2025)
$9,294
Parcel #
0106038108

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
Summer Cove On Siesta
County
Sarasota
MLS Area
34242 - Sarasota/Crescent Beach/Siesta Key
Lot Size
152,656 sqft

Price history

Date
Event
Price
10/8/2026
Listed for sale
Source: Stellar MLS #A4705884
$1,600,000
$739/sqft

Neighborhood

1640 Summerhouse Ln #40
Sarasota, FL, 34242 · 34242 - Sarasota/Crescent Beach/Siesta Key

Market insights

Offer Insights

Choose an offer strength

List price: $1,600,000
$1.53M – $1.60M
95.5% – 100% of listTops out right at the list price
80% of listList price
52 of the last 102 condo closings in 34242 landed at this number or higher (51%). The median one sat 122 days before it went under contract, and this one is on day 1.

Sample: 102 closed condo sales in 34242 over the last 8 months, Stellar MLS. A starting point, not a guarantee.

Talk through an offer with our team

Calculator

Est. monthly payment
$9,919/mo
Principal & interest$8,345
Property taxes$774
Insurance$800
Down payment20% · $320,000
Interest rate6.80%
Loan term

Not sure what you can afford?

Put in your household income and we will tell you where this payment sits.

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

$1,600,000

$739 per sq ft

Beds and baths

3 beds, 3 baths

Size

2,166 sq ft

Time on market

1 day

Year built

2007

Monthly payment

About $9,919/mo

That is 20% down on a 30-year fixed at 6.8%, plus the home's $9,294 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?

Have another question?

Brokered byBERKSHIRE HATHAWAY HOMESERVICEListing agent: Julie ShawListing data from Stellar MLS, MLS# A4705884.

Keep exploring Florida

Pick up where you left off, or see what else is out there.