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$5,650,000

Listing Price

4beds

4.5baths

4,964sqft

12,804sqft lot

1516 Ridgewood Ln, Sarasota, FL 34231

Member Features

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  • Full foreclosure details

  • Home value, equity and ownership info

  • Find homes priced below market

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For Sale

Off Market

Single Family

Home type

385.43

Price / sqft

2004

Year built

Home Details

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

Interior Details

Square Feet
  • 4964

Bedrooms
  • 4

Bathrooms
  • 4.5

Heating
  • Has Heating:

    Yes

  • Heating Type:

    Central

Cooling
  • Has Cooling:

    Yes

  • Cooling Type:

    Central

Fuel
  • Has Fuel:

    No

  • Fuel Type:

    N/A

Basement
  • Has Basement:

    No

  • Basement Type:

    N/A

Flooring
  • Has Flooring:

    No

  • Flooring Type:

    Ceramic Tile

Fireplace
  • Has Fireplace:

    Yes

  • Fireplace Type:

    N/A

Property Details

Lot Size
  • 12804

Water
  • Yes

Sewer
  • Yes

Parking
  • Type:

    Garage, Attached

  • Location:

    N/A

  • Status:

    N/A

  • Number of Spaces:

    3

Deck
  • No

Patio
  • No

Fence
  • No

Pool
  • No

Porch
  • Yes

Stoop
  • No

Breezeway
  • No

Construction Details

Number of Stories
  • 2

Style
  • N/A

Exterior
  • Stucco

Foundation
  • N/A

Roof
  • Hip

Roofing Material
  • Concrete

Tax History

Year

Amount

Land

Improvement

Percent Change

Assessment

2020

$19,955

$0

$0

--%

$1,497,320

2019

$17,727

$752,500

$608,700

--%

$1,361,200

2018

$18,706

$846,500

$590,600

--%

$1,437,100

2017

$19,695

$846,500

$646,500

--%

$1,493,000

2016

$18,944

$745,900

$671,600

--%

$1,417,500

2014

$16,102

$0

$0

--%

$1,145,800

2013

$17,046

$0

$0

--%

$1,184,832

2012

$15,789

$0

$0

--%

$1,077,120

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Average Home Price in 34231

Nearby Properties

Zip Code

Price

Bed

Bath

Sqft

Lot

Sold Date

$4,500,000

3 Beds

2.5 Baths

4,282 Sqft

13,220 Lot (sqft)

Sold 10/05/2026

$5,650,000

4 Beds

4.5 Baths

4,964 Sqft

12,804 Lot (sqft)

Sold 10/05/2026

$4,950,000

5 Beds

6 Baths

5,161 Sqft

15,967 Lot (sqft)

Sold 09/29/2026

$3,995,000

4 Beds

3.5 Baths

4,391 Sqft

13,630 Lot (sqft)

Sold 10/05/2026

percent-home-icon

Calculators

Mortgage

Mortgage Calculator

Calculate your monthly mortgage payments.
Household Income
70,000
$
Home price
5,650,000
$
Down payment
1,130,000
$
Mortgage Rate
6.5
%
Loan Term
Property Tax Rate
1.1
%
Homeowner's Insurance (Annual)
33,900
$
HOA (Monthly)
0
$
PMI
0
$
$36,574
Your Payment
Total Monthly Payment:$36,574
Percent of Income:627%
Affordable:No

Details for 1516 RIDGEWOOD LN

Property Debt

Foreclosure Contact Details