#A4634949, Thomas Hedge, JR, Listing Office: PREMIER SOTHEBYS INTL REALTY
5135 Riverwood Ave Sarasota, FL 34231
Property details
About 5135 Riverwood Ave
A Dream Home on Phillippi Creek – A Rare Opportunity Like No Other! Welcome to your private creekside oasis, nestled on over an acre of lush, waterfront property in the heart of Sarasota. This extraordinary 6 bedroom, 6 bath contemporary estate spans nearly 6,400 square feet under air and features an 8-car garage setup — perfect for collectors, creatives, and adventure-seekers alike. With no deed restrictions, no HOA, and no flood zone, this is the ultimate expression of freedom, privacy, and luxury living. From the moment you step through the grand double wooden doors, you'll be captivated by the thoughtful design, custom features, and spacious elegance that define this home. The main residence offers nearly 6,000 sq ft of smart, versatile living space, including a sprawling eat-in kitchen, pantry/laundry room, formal dining room, 5 bedrooms, 5 full baths, a dedicated office/den, multiple bonus rooms, and even a library nook tucked under the stairs. The primary suite is a true sanctuary, with dual dressing areas, oversized walk-in closets, and a spa-inspired en-suite bath. Follow the hidden spiral staircase to the third floor—a magical retreat space perfect for meditation, a yoga studio, creative writing, or a personal gym—plus access to a huge, finished attic space for extra storage or expansion. PGT impact-rated windows and doors, along with updated AC units, bring comfort and peace of mind year-round. Step outside and take in the expansive screened-in back porch, overlooking breathtaking Phillippi Creek views, your open-air pool with sundeck, Hot Springs spa, and a separate guest/pool house—ideal for hosting guests or a home-based business. A 10’ x 26’ dock gives you direct access to the water—launch your kayak, paddleboard, or boat and embrace the best of Old Florida living. And the garages? A dream come true. The two detached garages include a 6-car workshop/studio space and a 2-car garage—offering limitless potential for hobbyists, entrepreneurs, or RV/boat storage. You can even park your RV, trailer, or tiny home with ease—the possibilities are endless. Other highlights include mature fruit trees, a privacy fence, and resort-style outdoor living—all just minutes from world-famous beaches, top-rated schools, fine dining, shopping, and downtown Sarasota. Don't let this one-of-a-kind property pass you by. Be sure to explore the 3D Matterport tour and schedule your private tour today—you have to see it to believe it!
Highlights
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Summary
- MLS Number: A4640480
- MLS Name: MFRMLS
- Office Name: COMPASS FLORIDA LLC
- Listing Agent: Andrew Haddad
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Last updated on: 4/8/2025, 11:49:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$2,995,000
5135 Riverwood Ave
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Price information
Property sales
Date | Event | Price |
---|---|---|
Nov 26, 2001 | Home Sold | $707,500 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $1,036,050 | $3,275 |
2022 | $1,005,874 | $3,351 |
2021 | $911,819 | $3,351 |
2020 | $899,230 | $2,903 |
2019 | $877,253 | $11,681 |
2018 | $854,694 | $11,376 |
2017 | $837,115 | $11,338 |
History based on county public records data.
Nearby schools
8
Phillippi Shores Elementary School
Public Magnet PK-5
0.5 mi
•4747 S Tamiami Trl
7
Gulf Gate Elementary School
Public District PK-5
1.5 mi
•6500 S Lockwood Ridge Rd
5
Wilkinson Elementary School
Public District PK-5
1.6 mi
•3400 Wilkinson Rd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $47,333. The majority of Sarasota, FL residents have income less than $<35k annually. Most families are single, no kids. The majority of residents in this area have post secondary degree education.
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Frequently asked questions
Living in Sarasota, FL
About 5135 Riverwood Ave
This home is located at 5135 Riverwood Ave in Sarasota, FL and zip code 34231. This 6,369 square foot home, which was built in 1951, sits on a 1.03 acre lot. Features: 6 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since April 4, 2025 and is currently priced at $2,995,000.
In March 2025 more than 33 listings in Sarasota, FL were sold above the asking price. During the same period more than 73 listings were sold at asking price, while more than 387 were sold below. The inventory of homes for sale in Sarasota, FL between February and March 2025 increased by 8.2%. In March 2025 median list price was $505,057 and the average listing age was 61 days.