Property
Beds
4
Full Baths
4
1/2 Baths
1
Year Built
1979
Sq.Footage
5,078
Elevated Living. Expanded Luxury. Move-In Ready. More space. More land. More peace of mind — and better value than new construction. This rare Siesta Key estate offers twice the living space and double the lot size of typical new construction homes on the Key, while sitting high and dry on an above-flood-level lot. No construction delays. No compromises. Designer Waterfront Living on Treasure Boat Way – Rare Value Meets Lasting Style Modern Waterfront Estate on Siesta Key | 512 Treasure Boat Way Perfectly situated on a spacious .44-acre corner lot in one of Siesta Key’s most sought-after boating communities, this fully renovated modern estate offers over 5,000 square feet of sophisticated living. With 4 bedrooms, 4.5 bathrooms, and a dedicated media room, the layout is both functional and refined. Enjoy deep-water dockage on a wide canal and direct access to Sarasota Bay—ideal for boaters looking to explore the Gulf of Mexico with ease. The home’s high flood elevation and no history of flooding provide peace of mind and lower insurance premiums, adding even more value to this exceptional property. Inside, dramatic design meets everyday comfort. Step through the doors to find soaring ceilings, a custom open-tread staircase with walnut treads, and a striking stone feature wall. Walls of glass flood the interiors with natural light, highlighting European porcelain flooring, designer lighting, and a double-sided fireplace that anchors the open living spaces. The gourmet kitchen is a showstopper—designed for both entertaining and daily living—outfitted with quartz countertops, flat-panel cabinetry, floating shelves, and a full suite of premium appliances. The luxurious primary suite includes private pool access and a spa-inspired bathroom with a freestanding soaking tub, dual vanities, and bespoke tilework. The dedicated media room features sliding glass doors that open to a private courtyard, offering a quiet, flexible space ideal for movie nights or casual relaxation. Treasure Boat Way has been thoughtfully renovated to preserve its original mid-century style while modernizing with sleek industrial touches. The result is a home that is sophisticated, private, and relaxing. Outside, tropical landscaping and an expansive backyard set the tone for true waterfront living. Multiple lounge areas and seamless indoor-outdoor flow make this a perfect setting for entertaining or unwinding, with captivating water views from nearly every room. Whether you’re searching for a primary residence, a vacation retreat, or an income-generating investment, 512 Treasure Boat Way checks every box—offering modern updates, premium waterfront access, and a short stroll to Siesta Key Village and Siesta Beach. This property offers strong appeal for both investors and owner-occupants. With excellent potential for short-term rental income and a layout designed for comfort and privacy, it’s equally suited for generating revenue or providing a welcoming home for a family. Schedule your private showing today to experience the pinnacle of luxury waterfront living. **No flood damage**
Features & Amenities
Interior
-
Other Interior Features
High Ceilings, Open Floorplan, Vaulted Ceiling(s), Walk-In Closet(s)
-
Total Bedrooms
4
-
Bathrooms
4
-
1/2 Bathrooms
1
-
Cooling YN
YES
-
Cooling
Central Air, Humidity Control
-
Fireplace YN
YES
-
Heating YN
YES
-
Heating
Central
Exterior
-
Garage
Yes
-
Garage spaces
2
-
Construction Materials
Cement Siding
-
Other Exterior Features
Lighting, Dock
-
Parking
Attached
-
Patio and Porch Features
Patio, Side Porch
-
Pool
Yes
-
Pool Features
Heated, In Ground, Salt Water, Private
-
Waterfront YN
YES
-
View
Canal, Water
Area & Lot
-
Lot Features
Corner Lot, Landscaped, Level, Paved, Waterfront
-
Lot Size(acres)
0.44
-
Property Type
Residential
-
Property Sub Type
Single Family Residence
Price
-
Sales Price
$2,795,000
-
Tax Amount
25522.66
-
Sq. Footage
5, 078
-
Price/SqFt
$550
HOA
-
Association
NO
School District
-
Elementary School
Phillippi Shores Elementary
-
Middle School
Brookside Middle
-
High School
Sarasota High
Property Features
-
Foundation Details
Slab
-
Ownership
Fee Simple
-
Senior Community YN
NO
-
Sewer
Public Sewer
-
Tax Lot
1
-
Water Source
Public
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Location
County
Sarasota
Elementary School
Phillippi Shores Elementary
Middle School
Brookside Middle
High School
Sarasota High
Listing Courtesy of Derek Edwards , KELLER WILLIAMS ON THE WATER S
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