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$2,295,000
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Property Description
ELEGANT SIESTA KEY WATERFRONT RETREAT - Welcome to a truly distinguished canal-front residence, where timeless design meets the effortless beauty of waterfront living. Set beneath majestic oaks and tropical landscaping, the canopied circular paver driveway greets you. This exquisite pool home offers privacy, sophistication and an extraordinary outdoor lifestyle. An avid boater's dream with 110 feet of water frontage, a 16K LB. boat lift and a double jet-ski lift. Light and bright, neutral colors and tile flooring flow throughout the home. The main living areas include a large great room surrounded by windows and flooded with natural light which frame peaceful tropical water views and the outdoor living area. Separate living room, den or game room and formal dining room offer an open layout and flexible floorplan which allows you to personalize your living space for your lifestyle. Fabulous cook's kitchen is open to great room and nicely updated with solid wood cabinetry, stone countertops and backsplash, stainless appliances with gas range, large wine cooler and pantry. Custom butler's pantry added for convenience and large laundry room with storage cabinets galore. The owner's retreat is spacious and serene, offering tropical views of the pool and waterfront along with private lanai access. It features a generous walk-in closet and a beautifully updated bath with sleek stone countertops, dual sinks and a tranquil walk-in shower illuminated by soft, filtered light through the glass block windows. Two private guest en suites are thoughtfully positioned in separate wings, each offering its own beautifully updated bath. Relax and sip a cool drink on your sunny lanai and observe manatees or fish right off your own dock. Watch fish at night with new underwater snook light. Enjoy gorgeous pool area with wide intersecting canal views and remote controlled fire pit and tiki torches, wonderful for entertaining friends and family. Coastal living at its best! A quick 7-minute access to the intercoastal waterway and Roberts Bay. Just a short bike ride to world-famous Siesta Key Beach and The Village. Enjoy swimming, boating, fishing, kayaking, fine dining and all the comforts of living in paradise. Newer top of the line sea wall with cap and 5x50 foot dock complete with water and electric. Appreciate the safety and security that a Generac whole house generator and hurricane windows, doors and garage door offer. Too many upgrades to list including: Custom interior window shutters, newer breaker box panel, well system for irrigation, new pool heater and pool pumps, outdoor fridge, ice maker, storage shed, 2 under the counter ice makers, no grass (maintenance free) landscape, utility sink and cabinetry in garage. The perfect property for year-round living, a second home or investment as an Island getaway. Truly a unique home that lives well with a great vibe! Nestled on a private cul-de-sac street experiencing significant luxury redevelopment! A rare opportunity and great value for the most discriminating buyer seeking the ultimate Florida lifestyle.
Full Property Details
Full Property Details for 518 Venice Ln
General
- Price: $2,295,000
- HOA FEE: $42/month
- HOA FEE FREQ.: Annually
- Taxes: $12,645 (2025)
- Status: Active
- Type: Single Family
- Source: MidFloridaRegionalMLS
- MLS ID: A4672419
- Updated: 11/19/2025
- Added to Site: 59 day(s) ago
Rental Information
- Min. Lease: 1 Month
Interior
- Number of Rooms: 11
- Interior Features: Ceiling Fan(s), Crown Molding, Eating Space In Kitchen, Kitchen and Family Room Combination, Living Room/Dining Room Combo, Open Floorplan, Primary Bedroom Main Floor, Split Bedroom, Stone Counters, Walk-In Closet(s), Window Treatments
- Appliances: Dishwasher, Disposal, Electric Water Heater, Exhaust Fan, Ice Maker, Microwave, Range, Refrigerator, Trash Compactor, Wine Refrigerator
- Furnishings: Unfurnished
- Flooring: Tile
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Laundry: Inside, Laundry Room
Additional Information
- Pool: Yes
- Private Pool: Yes
- Pool Description: Gunite, Heated, In Ground, Screen Enclosure
- Spa: Yes
- Spa Description: Heated, In Ground
- Security/Safety: Security System Owned, Smoke Detector(s)
Exterior
- Exterior Features: French Doors, Hurricane Shutters, Irrigation System, Rain Gutters, Sliding Doors
- Deck/Patio: Deck, Enclosed, Front Porch, Patio, Porch, Screened
- Porch/Patio/Deck: Deck, Enclosed, Front Porch, Patio, Porch, Screened
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
- Covered Spaces: 2
- Parking Features: Circular Driveway, Driveway, Garage Door Opener, Workshop in Garage
Location
- Area: 34242 - Sarasota/Crescent Beach/Siesta Key
- County: Sarasota
- Development Name: 34242 - Sarasota/Crescent Beach/Siesta Key
- Subdivision: SIESTAS BAYSIDE WATERSIDE EAST
- Driving Directions: From North Bridge of Siesta Key take Higel south. At light take left onto Midnight Pass Rd. Go over bridge and take first right onto Commonwealth into Waterside East. Take first right onto Venice Lane. Home is around the bend on left.
- Direction Faces: Northwest
School Information
- Elementary School: Phillippi Shores Elementary
- Middle School: Brookside Middle
- High School: Sarasota High
Community
- Community Name: 34242 - Sarasota/Crescent Beach/Siesta Key
- Community Features: Water Access, Deed Restrictions
- Association: Yes
- Assoc. Name: Waterside East Neighborhood Association
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central, Electric
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: BB/HS Internet Available, Cable Connected, Electricity Connected, Fire Hydrant, Propane, Public, Sprinkler Well, Underground Utilities
Structural Information
- Architectural Info: Florida, Ranch
- Architectural Style: Florida, Ranch
- Exterior Const.: Block, Stucco
- Roof: Tile
- Windows: Shutters
- Stories/Levels: One
- Square Feet: 2,676
- Sq. Ft. Source: Public Records
- Year Built: 1971
Additional Structures
- Other Structures: Shed(s)
Lot Features
- Property View: Pool, Water
- Lot Size (Acres): 0.24
- Lot Size (Sq. Ft.): 10,454
- Lot Size: 10454
- Street/Road Desc.: Asphalt
- Fencing (Description): Fenced
Water Features
- Water Front: Yes
- Water View: Yes
- Water Access: Yes
- Water Access Desc: Bay/Harbor, Canal - Saltwater, Gulf/Ocean, Intracoastal Waterway
- Water Extras: Yes
- Water Front Desc.: Saltwater Canal
Financial Considerations
- Association Fee: $500
- Assoc Fee Freq.: Annually
- Assoc Fee Desc.: Required
- Tax Amount: $12,645.79
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: LOT 8 SIESTAS BAYSIDE WATERSIDE EAST
- Flood Zone Info: AE
- APN: 79150034
- Property ID: 79150034
Listed by Preferred Shore Llc
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Schools
Schools serving 518 Venice Ln
School District:Sarasota County School District
| Name | Grades | Distance |
|---|---|---|
Phillippi Shores Elementary School 4747 South Tamiami Trail, Sarasota, FL 34231 | PK-5 | 1.8 mi |
Brookside Middle School 3636 South Shade Avenue, Sarasota, FL 34239 | 6-8 | 2.3 mi |
Sarasota High School 2155 Bahia Vista Street, Sarasota, FL 34239 | 9-12 | 3.4 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 518 Venice Ln
Date
Details
Price
Change
Source
11/19/2025
Listed
$2,295,000
45.71%
MLS
9/03/2020
Sold
$1,575,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 518 Venice Ln
Year
Property Taxes
Change
Tax Assessment
Change
2024
$14,873
3%
$1,259,805
3%
2023
$14,464
2%
$1,223,112
6%
2021
$14,168
—
$1,152,900
-3%
2022
$14,166
—
$1,187,487
31%
2021
$14,168
16%
$907,300
-2%
2019
$12,253
7%
$925,882
10%
2018
$11,474
19%
$841,711
16%
2017
$9,677
-3%
$725,900
-1%
2016
$9,933
12%
$732,300
10%
2015
$8,843
—
$666,508
1%
2014
$8,812
—
$661,218
2%
2013
$8,813
—
$651,446
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 518 Venice Ln
518 Venice Lane, Sarasota, FL 34242 (MLS# A4672419) is a Single Family property with 3 bedrooms and 3 full bathrooms. 518 Venice Lane is currently listed for $2,295,000 and was received on November 19, 2025. Want to learn more about 518 Venice Lane? 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.

