512 Treasure Boat Way, Sarasota, FL 34242
Local realty services provided by:ERA Grizzard Real Estate
Listed by:derek edwards
Office:keller williams on the water s
MLS#:A4654229
Source:MFRMLS
Price summary
- Price:$2,795,000
- Price per sq. ft.:$550.41
About this home
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**
Contact an agent
Home facts
- Year built:1979
- Listing ID #:A4654229
- Added:84 day(s) ago
- Updated:October 05, 2025 at 07:49 AM
Rooms and interior
- Bedrooms:4
- Total bathrooms:5
- Full bathrooms:4
- Half bathrooms:1
- Living area:5,078 sq. ft.
Heating and cooling
- Cooling:Central Air, Humidity Control
- Heating:Central
Structure and exterior
- Year built:1979
- Building area:5,078 sq. ft.
- Lot area:0.44 Acres
Schools
- High school:Sarasota High
- Middle school:Brookside Middle
- Elementary school:Phillippi Shores Elementary
Utilities
- Water:Public, Water Connected
- Sewer:Public, Public Sewer, Sewer Connected
Finances and disclosures
- Price:$2,795,000
- Price per sq. ft.:$550.41
- Tax amount:$25,523 (2024)
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