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Lasbury Tracy Realty Inc
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$1,995,000

Active

116 Garden Ln, Sarasota, FL 34242

4 beds · 4 baths · 2,971 sq ft

Listing courtesy of LIST NOW REALTY, LLC · MLS# G5118672

1 day on market

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

About this home

Experience luxury coastal living in this bespoke, move-in-ready residence built in 2017 by award-winning custom builder MGB. Perfectly situated on prestigious North Siesta Key, this home pairs sophisticated architecture with lock-and-leave convenience. With partial water views and deeded beach access just steps away, this is an opportunity to embrace the ultimate Florida dream. Crafted for low-maintenance luxury, the residence features solid concrete construction, a standing-seam metal roof, impact glass throughout, and spray foam insulation—yielding minimal upkeep, low utility costs, and no HOA restrictions. An elevator provides effortless access across all four levels. The ground floor welcomes you with an oversized single-car garage, an entry foyer, and a versatile storage room that opens directly to a private, sunlit patio for intimate outdoor entertaining. The second level serves as a guest sanctuary complete with three bedrooms, two designer full baths, and a dedicated secondary lounge. On the third floor, the core gathering space centers around a chef-inspired gourmet kitchen equipped with custom cabinetry, premium quartz countertops, stainless steel appliances, and a grand center island. Adjacent luminous living and dining areas flow seamlessly to a covered patio with water views. The top floor serves as an exclusive primary suite—featuring a dedicated executive home office space and a secluded balcony overlooking the water. Complete with natural gas, tankless water heating, and high-end eco-conscious finishes throughout, this exceptional residence presents a turnkey opportunity for luxurious personal living or a high-yielding luxury rental investment.

Facts

Property type
Single Family Residence
Year built
2017
Living area
2,971 sqft
Lot size
0.1 acres
Water view
Yes
Private pool
No
Exposure
North
Furnished
Unfurnished
Flood zone
AE
CDD
No
55+ community
No
Annual taxes
$19,174/yr
Listed
Oct 6, 2026
MLS #
G5118672

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 116 GARDEN LN. 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

$13,348

$10,088 of that is principal & interest. 24% is taxes, insurance and fees — which is why those inputs matter more here than the rate does.

Principal & interest
$10,088
Property taxes
$1,598
Homeowners insurance
$1,663
Flood insurance
$0
HOA / condo fees
$0
Mortgage insurance (PMI)
$0
Total per month
$13,348

Over the life of the loan

Loan amount
$1,596,000
Down payment
$399,000
Total interest
$2,035,610
Principal + interest paid
$3,631,610
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.

116 Garden Ln, Sarasota, FL 34242

Listing courtesy of LIST NOW REALTY, LLC · MLS# G5118672 · Active

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

In person · Fri, Oct 9 · 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 8, 2026, 5:14 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]