4205 Higel AvenueSarasota, FL 34242Sale Price: $5,500,000

With the recent price reduction, this home is Siesta Keys best valued waterfront property on the market at 928 dollars a square foot. You cannot build at this price point on Siesta Key. While evoking the vital spirit of that sundrenched region of Europe, the waterfront masterpiece Palladian Villa brings a taste of 17th century opulence to Siesta Key. Boasting 120 feet of waterfront, the sellers have just completed a $1.5 million dollar remodel on this custom-built Cocoanut Bayou home. The enviable location is protected by Roberts Bay providing direct access to the Intracoastal Waterway and the Gulf of Mexico. This private dream villa is nestled behind a double gate and features 8,571 square feet of living space with a covered terrace that expands the entire width of the home. The outdoors are an essential part of Florida living and this residence truly excels in offering a resort-like experience. You enter through custom doors into the grand foyer, then under the arched staircase into the grand salon with its 24-foot ceilings, Italian-inspired marble gas fireplace and stunning terrace views. The terrace and its lounge area along with the summer kitchen provide the perfect atmosphere for dining and entertaining. French doors open onto the terrace from every room on the east side of the home allowing you to flow freely from one room to another. Three 17th-century marble Italian-inspired gas fireplaces, hand-chiseled travertine flooring, deep crown molding, ornamental friezes and carved cornices embellish this home with its first-floor 12-foot ceilings. Four perfectly balanced en-suites feature a modern master bath and dual walk-in closets, two of which open onto the second-floor terrace with expansive bay views. The gourmet kitchen includes two Sub-Zero refrigerators, freezer drawers with ice makers, two Miele dishwashers, double Wolf ovens and warming drawers and a gas range with a custom faux-finished vented rangehood. The expansive kitchen seamlessly connects to the formal dining room with a sophisticated butler's pantry. Custom cabinetry and accent lighting with granite counters and a 140-plus bottle Sub-Zero wine cooler are just a few of the luxuries to help keep your guests entertained. The large study and back hallway leading to the family room are the perfect spots to end your day. The newly landscaped yard and irrigation make this home easy to maintain and carefree. Take advantage of the full under-house garage, large enough for 12 cars or storage of your favorite toys. Garage access to the totally revamped custom elevator travels to all three floors of the home. A heated saltwater pool and spa surrounded by Malibu Marble with multiple entertainment areas, along with 120 feet of deep water with a concrete seawall and a composite wood dock, make this home the perfect Siesta Key residence. Sarasota arts, culture, and urban amenities are just a bridge away. Room Feature: Linen Closet In Bath (Bedroom 1). Room Feature: Linen Closet In Bath (Bedroom 2). Room Feature: Linen Closet In Bath (Bedroom 3).