ELITE AUCTIONS Announces July 9th Auction of $6.495 Million Over 6,000 SF Bayfront Mansion in Sarasota, FL


The nearly 6,200-square-foot home features a boat dock and personal watercraft lifts, lush tropical gardens and landscaping, hurricane-resistant glass sliding walls, elevator, and stunning views of Sarasota Bay.


Numerous spacious outdoor entertaining areas include a covered loggia with ample living and dining spaces, summer kitchen, bar area, sundeck, heated pool and spa, and a paved walkway leading to a new deep water dock and elevators.

The residence was recently listed in $6,495 million according to publicly accessible real estate data sources.

This latest auction from ELITE AUCTIONS comes as the Sarasotabradenton The area is enjoying a massive resurgence in demand for luxury real estate, according to a recent report highlighting standout markets and trends published by in-house real estate broker, Coldwell Banker.

According to the listing agent, Roger Pettingell of Coldwell Banker Realty in Sarasotaluxury houses in $1 million a $5 million price range have seen a significant increase in demand recently, with Sarasota County seeing 466 properties sold in that range in 2019, 735 in 2020, and more than 1,100 sold in 2021.

As 2021 drew to a close, 112 homes with price tags of more than $5 million in Sarasota Y sea ​​cow sold out.

“Last year it was only 23,” Pettingell said, adding that the less-is-more trend of the pandemic is being replaced by a bigger-is-better philosophy among his wealthy clients.

“People want offices, exercise rooms and media rooms. They want entertaining spaces and as much outdoor space as they can afford… They’re also adding anything that makes the house a castle again, so things like resort-style pools are huge.”

Commenting on the announcement and the massive increase in demand for high-end luxury real estate in the areas, randy haddawayfounder and CEO of Elite Auctions, said, “The demand for luxury beachfront properties in Florida it’s defiantly very strong right now, particularly in the southwestern gulf coast area. Of Collier County a Sarasota CountyThere is certainly no shortage of extraordinary luxury properties, and there is no shortage of wealthy buyers from around the world ready to pounce once one like this becomes available.”

Elite has sold six luxury properties in this area since November, says Haddaway, adding: “Florida It’s red hot right now, for a variety of reasons, and anyone looking to buy a luxury bayfront property like this had better hurry while it’s still available.”

The five-bedroom home boasts an impressive list of high-end features, including a master suite that occupies a secluded corner of the home with double walk-in closets and spa-inspired marble bathrooms, morning kitchen, private study, and sliding glass doors. glass opening onto the main terrace for a seamless indoor/outdoor living experience.

3731 Indian Beach Pl is available for private showings and is open for preview weekends 1-4 p.m.beginning Saturday, June 18Y Sunday, June 19with a final preview the day before the auction at Friday, July 8. Previews are suspended during the July 4th Holiday weekend.

The auction will take place on the site of the property, Saturday, July 9, 2022a 11 a.m. EDTwith registration from 9 a.m.. Remote offers will be accepted by phone. Runners are encouraged to participate.

ELITE AUCTIONS has sold more than $2 billion of high-value properties and luxury yachts at auction without reserve, accelerating the sale of more than $450 million in luxury assets. Their luxury home auction team is dedicated to helping sellers achieve the best value for their property and secure a sale quickly.

Media contact
christoff stewart
Marketing Director, Elite Auctions
[email protected]