Condominium at 1640 SUMMERHOUSE LN #31, SARASOTA
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Entrance onto Siesta Key Beach - 1640 SUMMERHOUSE LN #31, SARASOTA
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57 photos

$1,400,000

1640 SUMMERHOUSE LN #31
SARASOTA, FL 34242
Listed by Jane Rees · COLDWELL BANKER SARASOTA CENT.
Bedrooms
3
Bathrooms
2.5
Living area
2,166 sqft
Year built
2007

About this home

WELCOME TO PARADISE FOUND! What a great opportunity. Looking for a new home in 2025? Look no further! This beautiful condo will not disappoint. Summer Cove is nestled on the gulf barrier island of Siesta Key. It is one of the premier communities on the island with an amazing history of how it came into being. Enter the property through the secured gates onto the 3.5-acre lust tropical setting. FORMERLY HOME TO THE FAMOUS AND WELL-LOVED "SUMMERHOUSE" RESTAURANT designed by world-renowned architect Carl Abbott, this landmark building is listed in the historic registry of Sarasota and WAS CONVERTED INTO AN AMAZING CLUBHOUSE with a fully equipped fitness center, pool room, large gathering room for residents, full kitchen and media lounge. This is a one-of-a-kind opportunity to own a condo that redefines luxury and offers an unparalleled outdoor experience with PRIVATE BEACH ACCESS through Peppertree Club. From the secure lobby entrance, your PRIVATE ELEVATOR delivers you to your entrance foyer and directly into this light and bright exquisitely appointed open living space with 3 BEDROOMS, beautiful tile flooring and 9 ft. ceilings, a well-designed gourmet kitchen including custom wood cabinetry, granite counters and stainless-steel appliances. The open floor plan with tray ceilings may be configured in a multitude of ways to suit your living requirements. This third-floor END UNIT affords panoramic views from TWO EXPANSIVE BALCONIES enabling you to enjoy both sunrise with that first cup of coffee and sunsets with that glass of wine each and every day, providing the perfect setting for alfresco dining and lazy afternoons relaxing reading a book. The owner's suite has a sliding glass door to the balcony with his and her custom closets and beautiful ensuite bathroom with large walk-in shower and built-in storage cabinets. The first guest bedroom has an ensuite bath access for privacy if the third bedroom is not in use. The resort-style pool and spa with a grilling area overlook the Intracoastal Waterway and beyond. There is also kayak, paddleboard and canoe storage with launch area available. One assigned premium parking space with private storage cage in the secure garage is includes with an additional assigned parking space outside. A pet friendly community, two pets are permitted with no weight limit. Enjoy the convenience and peace of mind of maintenance free living. Siesta Key restaurants and shopping are just minutes away and it's just a short drive to enjoy downtown Sarasota's cultural and urban amenities which include world class museums, opera, ballet, symphony, theatre, shopping and dining. Schedule a private showing today.

Highlights

Waterfront

Property details

MLS
Stellar MLS
MLS #
MFRA4600144
Property type
Condominium
Subdivision
SUMMER COVE ON SIESTA
Status
Active
Days on market
359
On market date
February 19, 2024
Stories
N/A
Total bathrooms
2.5
Garage spaces
1
Parking spaces
N/A
Lot size
N/A
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

Elementary
GULF GATE ELEMENTARY SCHOOL
1.82 mi away · Grades -1-5
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
700
Student:teacher ratio
14.6:1
District
SARASOTA
Middle
BROOKSIDE MIDDLE SCHOOL
2.87 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
760
Student:teacher ratio
15.8:1
District
SARASOTA
High
RIVERVIEW HIGH SCHOOL
1.91 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
2.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
2,542
Student:teacher ratio
20.7:1
District
SARASOTA

Walkability

Blended score for SARASOTA's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

77
Walkable
out of 100
EPA National Walkability Index
14.8 / 20 -- Above average walkable
Google Places amenity density
80 / 100
Restaurants & cafes19
Grocery stores4
Parks5
Schools1
Transit stops20
Pharmacies0

Market position

How this listing compares to current activity in SARASOTA, from live MLS data.

On the market 359 days -- 191 more days than SARASOTA's current average of 168 days.
For reference, the median list price across 4,720 active listings in SARASOTA right now is $365,000.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Adjust tax / insurance estimates
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Est. monthly payment
$8,581/mo
$280,000 down
$1,120,000 loan
Principal & interest$7,264
Property tax (est.)$1,167
Home insurance (est.)$150

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Data source: Listing information provided by Stellar MLS (mfrmls) via Trestle/CoreLogic. Last updated February 12, 2025.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.