$7 Million - Bay Front Estate in Harbor Acres

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1362441802Sarasota, Florida - A waterfront estate in Harbor Acres closed today for $7 million, marking the second time in a week that a significant bay front property near downtown Sarasota has been sold.

Listed by Kim & Michael Ogilvie—agents with the Main Street office of Michael Saunders & Company—the property, located at 1452 Hillview Drive, was only on the market for just over three months before being placed under contract by the buyer. It was listed for $7.9 million. John Woodward, of Sarasota Real Estate Group, represented the buyer.

Just a week ago, on February 25th, a Siesta Key property was sold for $10 million with agents from MS&C facilitating both sides of the transaction.

With over 6,700 square feet of space, the Hillview Drive property is a masterpiece of contemporary design, poised on 206 feet of southern-facing shoreline; and set on 1.5 acres, amid strands of gracious old oaks and majestic palms on one of Sarasota’s most desirable streets.

Designed by Skirball Group Architects and built by WG Mills in 1997, the home remains as dramatic, crisp and timeless in its design as it was back then. The smart floor plan—with walls of glass, volume ceilings and beautiful expanses of travertine floors—opens to a glamorous bay front terrace, creating a magnificent indoor/outdoor space that allows for elegant entertaining on a grand scale; even as the home’s more intimate spaces make it ideal for casual family living.

1362441895Upon entering the home via its grand staircase, one’s eyes are immediately drawn to the bay and toward the infinity-edge pool, whose cascading waterfall appears to be spilling into the azure waters of Sarasota Bay. The home includes five bedrooms—including a two-room interior suite—a banquet size dining room, large kitchen with an informal dining area; and garage parking for 8 to 10 cars.

This sale represents the latest in an on-going string of successes for Kim & Michael Ogilvie. With sales volume that topped-out at more than $50.2 million in 2012, the Ogilvies were last year’s top selling team at Michael Saunders & Company. The pair was also 2012’s top-producing team overall in the Sarasota Association of Realtors®. A year earlier, in 2011, the Ogilvies were similarly recognized by both Michael Saunders & Company and the Sarasota Association of REALTORS® for being their top-producing team.

About Michael Saunders & Company

Now in its fourth decade of service to Southwest Florida, Michael Saunders & Company has grown from a single small office into a network of 24 full-service offices—with more than 550 professionally trained associates and 120 staff members spanning the Gulf Coast region from Bradenton to Boca Grande.

Powerful international brokerage affiliations—including Christie’s International Real Estate, Leading Real Estate Companies of the World, Luxury Portfolio International and Mayfair International Realty extend the company’s message to qualified buyers globally, ensuring the broadest possible exposure for our sellers’ properties.

Clients and customers of Michael Saunders & Company are afforded the most complete range of real estate services in the Southwest Florida marketplace. These include mortgage, title and relocation services, a commercial real estate division and full service rental and property management capabilities. Its in-house marketing division has received numerous local, national and international awards for its property marketing expertise.

With sales that topped more than $2 billion in 2012, Michael Saunders & Company is the largest-selling brokerage in all price ranges throughout Southwest Florida; and is ranked 59th largest in dollar volume according to the latest Real Trends 500 Survey of the 500 largest brokerages in the U.S. Locally owned and independently operated, it is also listed among the 35 most influential Realtors in luxury real estate.

For more information about Michael Saunders & Company, please call 1-888-552-5228 or visit us on the web at MichaelSaunders.com.