Back 557 Venice Lane
Off Market

557 Venice Lane

Siesta Key FL 34242

5
4
2
4710 sq. ft.
14424 sq. ft.
Single-Family
Last sold for $1,550,000
Estela ZiuEstela Ziu, last sold this property on 16 March 2026 after 31 days on market.

Overview

Set along the Grand Canal on the North End of Siesta Key, 557 Venice Lane presents a rare opportunity to own a waterfront residence that balances architectural character, boating access, and an unmistakable sense of place. Distinguished by one of the few remaining historic boathouses on Siesta Key, the property reflects a legacy of island living that is increasingly difficult to find. Designed for those who value both water and proximity to shore, the home offers direct, protected canal access. From the private dock, boaters follow the Grand Canal into Sarasota Bay, with seamless connectivity to the Intracoastal Waterway and Gulf access beyond. The route is calm, navigable, and ideal for daily use—whether launching a boat, paddleboard, kayak, or jet ski. For beach enthusiasts, Siesta Key’s renowned shoreline is only minutes away, allowing owners to move effortlessly between open water and sand. Interiors are thoughtfully composed, with generous scale and abundant natural light. The main living level is anchored by a refined family room with a marble fireplace, opening into a flexible dining and gathering space suitable for both entertaining and daily living. The expansive eat-in kitchen is complemented by an adjoining lounge area, creating a cohesive environment that feels open yet intentional. The residence includes four well-proportioned bedrooms, each featuring custom closet systems. A junior ensuite primary bedroom on the main living level offers convenience and privacy, while the third-level primary suite is positioned as a true retreat, complete with a sitting area, ensuite bath, and French doors leading to rooftop views over the surrounding neighborhood and waterways. The first floor features a bonus room, ideal for a media space, private office, fitness studio, or guest retreat—adding versatility without compromising the home’s flow. Outdoor living is discreetly private, with a screened pool and lanai framed by mature tropical landscaping. The setting encourages quiet relaxation as well as casual waterfront entertaining, with the dock and boathouse extending the living experience directly onto the canal. With immediate access to Sarasota Bay, nearby beaches, dining, and shopping, the location supports an effortless island lifestyle. The absence of deed restrictions or a neighborhood association further enhances flexibility, making the property suitable as a primary residence, second home, or investment opportunity. 557 Venice Lane stands as a refined waterfront offering, defined by heritage, access, and understated elegance—on one of Siesta Key’s most desirable canals.

Features

5 bedrooms
4 bathrooms
2 carspaces
2 garage spaces
4710 sq. ft. floor area
14424 sq. ft. lot size
Single-Family

Estimated Value

Based on this property and similar 5 bedroom single-family properties sold in Siesta Key over the last 12 months, the estimated median property value of 557 Venice Lane is $2.71m.

Median value
$2.71m
Estimated value range
$920k - $10.5m
Median days on market
81
Estimated value trend
-30%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Siesta Key. 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 557 Venice Lane

2026
Sold
$1,550,000
16 Mar 2026 by Estela Ziu, of COMPASS FLORIDA, LLC
2021
Sold
$900,000
18 May 2021 by Kristina Waskom, of MICHAEL SAUNDERS & COMPANY
2004
Sold
$951,000
01 Jul 2004 by Ellen Ross, of PARTNERS REALTY OF SARASOTA

Happy sellers in Siesta Key

90%
90% of sellers in Siesta Key reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 13 reviews in Siesta Key over the last 12 months.

Local market activity for 5 bedroom single-family properties in Siesta Key

In the last 12 months, 18 five-bedroom single-family properties similar to 557 Venice Lane, have been sold.

This represents a 35% decrease in five-bedroom single-family properties sales when compared to the previous 12 months.

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