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$1,600,000
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Property Description
Imagine pulling up to this hidden waterfront treasure on a quiet Sarasota street, where a long, winding paver driveway curves gracefully through a canopy of majestic mature oaks, welcoming you to a sprawling 1.15-acre lot with 130 feet of prime frontage along the serene waters of Phillippi Creek. Elevated safely in Flood Zone X and crowned with a brand-new 2024 roof, this property feels like your own private Old Florida estate from the moment you arrive. Step out and take in the east-facing oasis: a gently sloping, oak-shaded yard that offers complete natural privacy, leading down to the water's edge. Relax on the expansive covered porch with sweeping views of the creek, cool off in the freshly resurfaced 2025 pool, or slip through the convenient second porch-complete with ceiling fan-right off the pool bathroom and laundry area. It's the perfect spot for drying off after a swim or enjoying a quiet breeze. The true magic lies in the irreplaceable waterfront lifestyle. An expansive dock with a charming gazebo and boat lift awaits your adventures, providing direct access to protected waters, the Intracoastal Waterway, and the Gulf of Mexico. There's even a dedicated kayak launch, so you can choose your pace-whether powering out for a day on the open water or quietly paddling along the scenic creek. Best of all, this generous 1.15-acre parcel comes with no HOA and no deed restrictions, giving you ultimate freedom to truly live the Florida lifestyle-park your boats, add whatever suits your vision, or simply preserve the natural beauty just as it is. Step inside the 1956 residence, and you'll find more than 3,800 square feet under roof brimming with authentic character and endless potential. Oversized windows flood the open, flowing layout with natural light and breathtaking water views from nearly every room. High soaring ceilings create an airy feel, while a cozy fireplace invites quiet evenings at home. The thoughtful design includes 4 bedrooms and 3 bathrooms, with the expansive upstairs primary retreat offering panoramic vistas. Currently divided into two large rooms by a non-structural faux wall, it's a blank canvas ready to be reconfigured into an epic primary suite with a luxurious ensuite and generous walk-in closet. All of this is just minutes from Siesta Key's world-famous beaches, vibrant downtown Sarasota, top-rated schools, shopping, and dining-yet feels worlds away in its peaceful, private setting. This rare waterfront gem is ready for your personal touch, blending Old Florida charm with the opportunity to create your custom modern masterpiece. Schedule your private showing today!
Full Property Details
Full Property Details for 5155 Riverwood Ave
General
- Sold For: $1,600,000
- Taxes: $8,398 (2025)
- Status: Closed
- Type: Single Family
- Source: MidFloridaRegionalMLS
- MLS ID: A4676129
- Added to Site: 68 day(s) ago
Rental Information
- Min. Lease: 1 Week
Interior
- Number of Rooms: 3
- Interior Features: Ceiling Fan(s), High Ceilings, Open Floorplan, PrimaryBedroom Upstairs, Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Walk-In Closet(s)
- Fireplace: Yes
- Fireplace(s): Family Room
- Appliances: Dishwasher, Disposal, Range, Refrigerator
- Furnishings: Unfurnished
- Flooring: Carpet, Tile
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 4
Other Rooms
- Laundry: Laundry Room
Additional Information
- Pool: Yes
- Private Pool: Yes
- Pool Description: In Ground
Exterior
- Exterior Features: French Doors, Other, Outdoor Shower, Private Yard
- Deck/Patio: Covered, Deck, Enclosed, Rear Porch, Screened, Side Porch
- Porch/Patio/Deck: Covered, Deck, Enclosed, Rear Porch, Screened, Side Por
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
- Covered Spaces: 2
Location
- Area: 34231 - Sarasota/Gulf Gate Branch
- County: Sarasota
- Development Name: 34231 - Sarasota/Gulf Gate Branch
- Subdivision: RIVERWOOD PARK REP
- Driving Directions: US 41 South to Proctor Road Right on Riverwood Ave House is down on the left 5155 Riverwood Ave.
- Direction Faces: West
School Information
- Elementary School: Phillippi Shores Elementary
- Middle School: Brookside Middle
- High School: Riverview High
Community
- Community Name: 34231 - Sarasota/Gulf Gate Branch
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water District: PHILLIPPI CREEK
- Water: Public, Well
- Utility Description: Public
Structural Information
- Exterior Const.: Stucco, Wood Siding
- Roof: Shingle
- Stories/Levels: Two
- Square Feet: 3,869
- Sq. Ft. Source: Public Records
- Living Area: 3,869 Sq. Ft.
- Year Built: 1956
Additional Structures
- Other Structures: Other, Shed(s)
Lot Features
- Property View: Pool, Trees/Woods, Water
- Lot Size (Acres): 1.15
- Lot Size (Sq. Ft.): 50,200
- Lot Size: 1.1524
- Street/Road Desc.: Paved
Water Features
- Water Front: Yes
- Water View: Yes
- Water Access: Yes
- Water Access Desc: Bay/Harbor, Canal - Brackish, Creek, Gulf/Ocean, Gulf/Ocean to Bay, Intracoastal Waterway
- Water Extras: Yes
- Water Front Name: PHILLIPPI CREEK
- Water Front Desc.: Canal - Brackish
Financial Considerations
- Tax Amount: $8,398.65
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: BEG SW COR LOT 24 TH E ALG S LINE OF LOT 24 435.35 FT FOR POB TH WITH ANGLE OF 1-22 FROM S LINE OF LOT 24 TO NLY RUN NWLY 140.2 FT TO A PT 4 FT N OF S LINE OF LOT 24 TH WITH ANGLE OF 39-44 TO RIGHT
- Flood Zone Info: X*
- APN: 85140015
- Property ID: 85140015
Listed and Sold by Danielle Gladding & Co. Realty
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Schools
Schools serving 5155 Riverwood Ave
School District:Sarasota County School District
| Name | Grades | Distance |
|---|---|---|
Riverview High School, Sarasota, FL 1 Ram Way, Sarasota, FL 34231 | 9-12 | 0.4 mi |
Phillippi Shores Elementary School 4747 South Tamiami Trail, Sarasota, FL 34231 | PK-5 | 0.5 mi |
Brookside Middle School 3636 South Shade Avenue, Sarasota, FL 34239 | 6-8 | 1.5 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5155 Riverwood Ave
Date
Details
Price
Change
Source
3/03/2026
Sold
$1,600,000
-10.81%
MLS
12/27/2025
Listed
$1,794,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
5155 Riverwood Avenue, Sarasota, FL 34231 (MLS# A4676129) is a Single Family property that was sold at $1,600,000 on March 03, 2026. Want to learn more about 5155 Riverwood Avenue? Do you have questions about finding other Single Family real estate for sale in Sarasota? You can browse all Sarasota real estate or contact a Coldwell Banker agent to request more information.

