Back 1516 Ridgewood Lane
Off Market

1516 Ridgewood Lane

Sarasota FL 34231

4
5
3
4577 sq. ft.
12802 sq. ft.
Single-Family
Last sold for $2,115,000
Andrea Butcher-ThomasAndrea Butcher-Thomas, last sold this property on 28 January 2025 after 48 days on market.

Overview

Auction Property. AUCTION. This spacious waterfront home sits in a prime location near Siesta Key. Home features 4 beds, 4.5 baths, and ample room to relax and entertain with the separate living and dining areas, den, family room, rec room and the spacious eat-in kitchen. Enjoy all your outdoor activities with the covered porch, in-ground pool and patio areas. Home sits on almost 1/3 acre with intercoastal views and a prime dock location. Home features an attached 3 car garage and a driveway with ample parking space. Home is sold as-is with no property disclosure or inspection reports. Come enjoy resort style living and the best of Sarasota. Home is conveniently located near dining, shopping and entertainment.

Features

4 bedrooms
5 bathrooms
3 carspaces
3 garage spaces
4577 sq. ft. floor area
12802 sq. ft. lot size
Single-Family

Estimated Value

Based on this property and similar 4 bedroom single-family properties sold in Sarasota over the last 12 months, the estimated median property value of 1516 Ridgewood Lane is $1m.

Median value
$1m
Estimated value range
$295k - $4.13m
Median days on market
63
Estimated value trend
3%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Sarasota. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1516 Ridgewood Lane

2025
Sold
$2,115,000
28 Jan 2025 by Andrea Butcher-Thomas, of REALHOME SERVICE & SOLUTIONS INC
2021
Rented
Undisclosed
21 May 2021 by BRIGHT REALTY
2004
Sold
$2,450,000
30 Jun 2004 by R CRAIG ADAMS, of REMAX Premier | Burr Ridge

Happy sellers in Sarasota

88%
88% of sellers in Sarasota reported that their sale price either exceeded or met their price expectations.

Sarasota stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 20 reviews in Sarasota over the last 12 months.

Local market activity for 4 bedroom single-family properties in Sarasota

In the last 12 months, 69 four-bedroom single-family properties similar to 1516 Ridgewood Lane, have been sold.

This represents a 43% decrease in four-bedroom single-family properties sales when compared to the previous 12 months.

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