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Lasbury Tracy Realty Inc
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$5,400,000

Active

1640 Waldemere St, Sarasota, FL 34239

5 beds · 5.5 baths · 5,270 sq ft

Listing courtesy of COMPASS FLORIDA LLC · MLS# A4701346

86 days on market

Refreshed from the Stellar MLS feed . This listing’s MLS record last changed .

About this home

What’s special

  • Saltwater pool
  • Elevated spa
  • Cold plunge
  • Private elevator
  • Smart home automation
  • Sonos whole-home audio
  • EV charging
  • Private fitness studio

AI-selected highlights from the listing description below.

AMAZING PRICE REDUCTION, THIS HOME IS NOW PRICED BELOW MARKET VALUE. Take advantage of this opportunity now! Where the World's Most Exclusive Resorts Inspire Everyday Living. Imagine waking each morning in a residence that rivals the refined elegance of an Aman Private Estate, the clean architectural sophistication of a Bulgari Resort, and the effortless indoor-outdoor lifestyle of a Four Seasons Oceanfront Villa. This extraordinary contemporary masterpiece is more than a home—it's a private luxury retreat designed for those who expect nothing less than the exceptional. Perfectly positioned West of the Trail in one of Sarasota's most prestigious neighborhoods, this custom-built architectural showpiece offers an unparalleled blend of modern design, innovative technology, and timeless sophistication just moments from Sarasota Bay, Downtown Sarasota, St. Armands Circle, and the white sands of Lido and Siesta Key. Every detail has been intentionally curated to create a sense of understated luxury. Towering ceilings, walls of floor-to-ceiling glass, oversized 48-inch Spanish porcelain tile, Level 5 drywall finishes, floating architectural staircases, and dramatic open-air sightlines create an atmosphere that feels both grand and remarkably serene. Natural light pours through the home while clean modern lines and premium finishes evoke the feeling of an internationally acclaimed boutique hotel. At the heart of the residence, a striking European-inspired kitchen delivers both beauty and performance. Outfitted with premium Miele appliances, custom minimalist cabinetry, waterfall-edge surfaces, and an expansive butler's pantry, the space was designed to host intimate dinners just as effortlessly as lavish entertaining. A private elevator and fully integrated smart home technology elevate everyday living with seamless convenience. The primary suite is a sanctuary worthy of a luxury spa retreat, complete with a boutique-inspired dressing room featuring illuminated custom cabinetry, expansive walls of glass, and a tranquil atmosphere designed for complete relaxation. Spacious guest suites, a dedicated executive office, and a private fitness studio provide exceptional comfort while maintaining privacy for family and guests. Beyond the disappearing automated glass walls, the estate transforms into a true private resort. Inspired by the world's finest luxury destinations, the outdoor living experience features a spectacular saltwater pool, elevated spa, refreshing cold plunge, oversized sun shelf with submerged loungers, lush tropical landscaping, and expansive terraces that blur the distinction between architecture and nature. Every space has been thoughtfully designed to capture Sarasota's year-round sunshine while offering the perfect backdrop for entertaining or peaceful relaxation. Technology is woven seamlessly throughout, including a comprehensive smart home automation system, Sonos whole-home audio, smart privacy glass, multi-zone climate control, motion-sensor lighting, EV charging, and an oversized 2.5-car garage—delivering the ultimate balance of innovation, security, and luxury. Located within Sarasota's coveted West of Trail neighborhood, this exceptional residence places you minutes from Sarasota Memorial Hospital, Southside Village, Downtown Sarasota's acclaimed restaurants and performing arts, championship boating, private clubs, luxury shopping, and some of Florida's most celebrated Gulf Coast beaches.

Facts

Property type
Single Family Residence
Year built
2026
Bathrooms
5 full, 1 half
Living area
5,270 sqft
Lot size
0.25 acres
Private pool
Yes
Exposure
North
Furnished
Unfurnished
Flood zone
X500
CDD
No
55+ community
No
Annual taxes
$8,031/yr
Listed
Aug 3, 2026
MLS #
A4701346

Price & status history

  1. Listed for $5,995,000
  2. Price reduced to $5,400,000

Virtual tour

Tours are hosted by the seller’s chosen provider, not by Lasbury-Tracy Realty. Opening one loads content from that company and shares your IP address with them.

Estimate the monthly payment

Estimate by Lasbury Tracy Realty — not a loan offer

Starting figures for 1640 WALDEMERE ST. Everything below is editable.

AssumptionNot a quoted rate. Ask a lender what you actually qualify for today.

From this listingThe seller's most recent annual tax bill as reported to the MLS. Your bill will differ — Florida reassesses on sale and homestead caps reset.

Editable estimateA placeholder, not a quote. On the Gulf Coast this is the line item most likely to be wrong: premiums swing on roof age, wind mitigation, elevation, and carrier appetite. Get a real quote before you rely on this number.

Starts at $0Deliberately zero until you enter a figure — we will not inflate a payment with a guess. Many homes here need it; ask us for the property's flood zone and the current policy's premium.

Include condo, HOA, and master-association dues. CDD assessments usually arrive on the tax bill instead.

AssumptionNot applied — your down payment is 20% or more.

Estimated total monthly payment

$32,475

$27,305 of that is principal & interest. 16% is taxes, insurance and fees — which is why those inputs matter more here than the rate does.

Principal & interest
$27,305
Property taxes
$669
Homeowners insurance
$4,500
Flood insurance
$0
HOA / condo fees
$0
Mortgage insurance (PMI)
$0
Total per month
$32,475

Over the life of the loan

Loan amount
$4,320,000
Down payment
$1,080,000
Total interest
$5,509,922
Principal + interest paid
$9,829,922
Paid off in
2056

Interest is the exact schedule total for a fixed-rate loan held to term and assumes no extra payments. Taxes, insurance and fees are not included in these lifetime figures because they change every year.

Calculated on this page from the figures above — nothing is sent anywhere and no lender is quoting you. Figures are estimates for planning only, not a pre-approval, commitment to lend, or a statement of the taxes and insurance you will actually be charged. Lasbury Tracy Realty Inc. is a real estate brokerage, not a lender or an insurance agent.

Take a tour

Pick a day that suits you — a licensed Lasbury Tracy agent confirms personally, usually within minutes. No account needed.

1640 Waldemere St, Sarasota, FL 34239

Listing courtesy of COMPASS FLORIDA LLC · MLS# A4701346 · Active

How would you like to see it?
Which day?
What time of day?

In person · Thu, Oct 29 · Morning (9-12)

No account, no obligation. Prefer to talk? (941) 474-5585

Where this home is

Opens on aerial — on this coast the canal, the lot and the neighbours answer more questions than a street grid does.

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Similar homes

Listing information is provided in part by Stellar MLS, as distributed by MLS GRID. Based on information submitted to the MLS as of Oct 28, 2026, 8:57 PM (ET). All data is obtained from various sources and may not have been verified by broker or MLS. All information provided is deemed reliable but is not guaranteed and should be independently verified. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some IDX listings have been excluded from this website.

Lasbury Tracy Realty Inc. · [email protected]