The Neighborhood Report – Lido Shores

Recently sold by Deborah Beacham in Lido Shores: 1219 Westway Drive.

Recently sold by Deborah Beacham in Lido Shores: 1219 Westway Drive.

Regarded as one of Sarasota’s most prestigious neighborhoods, Lido Shores is a quaint community with an eclectic mix of approximately 100 homes—many of which are contemporary creations designed by accomplished and distinguished Sarasota School of Architecture scholars.

The waterfront properties have frontage on Pansy Bayou, New Pass, Sarasota Bay and the Gulf of Mexico, all of which offer direct, deepwater boating access to open water. Residents of Lido Shores enjoy the convenience of walking distance to St. Armands Circle and Mote Marine, and are just a short drive from the amenities of downtown Sarasota.

Real Estate Market Activity – Lido Shores

Of the eight sales on Lido Shores in 2012, five of them involved Michael Saunders & Company’s agents. Selling prices have ranged from $1,425,000 for a two-bedroom/two-bath home up to $7,100,000 for a five-bedroom/six-bath estate.

Deborah Beacham of Michael Saunders & Company’s South Longboat Key office recently brought the buyer to 1219 Westway Drive, which resulted in the second largest sale on Lido Shores in 2012 for $6,350,000. An American couple—who own multiple homes and have the opportunity to live virtually anywhere—purchased this remarkable residence after searching several areas. Ultimately, they chose Sarasota for its amazing people, education, the arts, and beautiful beaches and climate.

There are currently four single-family homes for sale in Lido Shores, three of which are listed with Michael Saunders & Company agents, including Michele Burnett of Michael Saunders & Company’s South Longboat Key office. This rarely available bayfront property is listed at $1,995,000 and boasts three bedrooms and approximately 2,028 square feet of living area.

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