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$1,600,000

Active

1640 Summerhouse Ln #40, Sarasota, FL 34242

3 beds · 3 baths · 2,166 sq ft

Listing courtesy of BERKSHIRE HATHAWAY HOMESERVICE · MLS# A4705884

1 day on market

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

About this home

Rarely available at Summer Cove on Siesta Key, this exceptional 3-bedroom, 2.5-bath residence offers an elegant opportunity to enjoy the best of island living. Set within a gated Gulf-to-Bay community built in 2005, the residence features beautiful views from every window, abundant natural light, and deeded beach access. A private elevator opens directly to the residence, where comfort and coastal sophistication come together effortlessly. The thoughtfully designed kitchen serves as a beautiful centerpiece, while two expansive balconies extend the living space outdoors. Two tandem garage spaces provide secure, convenient parking. There is deeded beach access and a kayak launch for an easy way to enjoy the surrounding waterways and explore the coast. At the heart of the community is a beautifully renovated clubhouse. It was formerly the renowned Summerhouse Restaurant and a memorable part of Siesta Key history. Today, this distinctive gathering space features a new fitness center, game room, pool tables, library, and more—creating an inviting setting for recreation, entertaining, and relaxation. Outdoor amenities include a resort-style pool and spa, and a barbecue area. With its private elevator, generous outdoor spaces, secure garage parking, deeded beach access, and exceptional community amenities, this rarely offered residence presents a distinctive opportunity to experience Siesta Key in comfort and style. Siesta Key shops, restaurants, and beaches are just minutes away. Also, it’s just a short drive downtown Sarasota, St. Armand’s Circle, and Longboat Key. Schedule your private tour today!

Facts

Property type
Condominium
Year built
2007
Living area
2,166 sqft
Lot size
3.5 acres
Water access
Bay/Harbor, Beach, Beach - Access Deeded, Gulf/Ocean to Bay, Intracoastal Waterway
Water view
Yes
Private pool
No
Exposure
West
Furnished
Unfurnished
Flood zone
AE
CDD
No
55+ community
No
Annual taxes
$9,294/yr
Monthly fees
$2,273/mo
Listed
Oct 8, 2026
MLS #
A4705884

Estimate the monthly payment

Estimate by Lasbury Tracy Realty — not a loan offer

Starting figures for 1640 SUMMERHOUSE LN #40. 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.

From this listingMonthly association fee as reported to the MLS. Confirm what it includes, and ask about special assessments.

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

Estimated total monthly payment

$12,471

$8,090 of that is principal & interest. 35% is taxes, insurance and fees — which is why those inputs matter more here than the rate does.

Principal & interest
$8,090
Property taxes
$775
Homeowners insurance
$1,333
Flood insurance
$0
HOA / condo fees
$2,273
Mortgage insurance (PMI)
$0
Total per month
$12,471

Over the life of the loan

Loan amount
$1,280,000
Down payment
$320,000
Total interest
$1,632,569
Principal + interest paid
$2,912,569
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 Summerhouse Ln #40, Sarasota, FL 34242

Listing courtesy of BERKSHIRE HATHAWAY HOMESERVICE · MLS# A4705884 · Active

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

In person · Sat, Oct 10 · 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.

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 9, 2026, 6:44 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]