Award-Winning Lido Key Home Listed for $4.95 Million

Tucked away in a tranquil waterfront sanctuary a short stroll from Lido Beach and upscale dining and shopping in St. Armands Circle, this award-winning Sarasota School of Architecture design home presents a rare opportunity. Situated on a .39-acre lot along a wide deepwater canal, the approximately 2,600-square-foot residence boasts an expanse of windows, glass sliders and spectacular tropical gardens. The one-of-a-kind home at 117 S. Polk Drive was listed this week for $4,950,000.

Built in 1952, the Lido Key residence underwent a series of thoughtful renovations, transforming it from a midcentury-modern ranch-style home into a Sarasota School of Architecture masterpiece, honored with a Florida AIA Design Award in 2022. The stylish waterfront home flawlessly blends modern luxuries and technology with cherished vintage features. The design evolution began after the house was purchased in 1989, with the current owner orchestrating three major renovations over the next 30-plus years.

“Midcentury-modern homes that have been thoughtfully and expertly remodeled by a committed owner only become available once in a blue moon,” said Kim Ogilvie, a longtime Michael Saunders & Company agent, who listed the property. “There’s magic at every turn.”

Meticulously designed front and rear courtyards, along with abundant windows and glass doors achieve the primary design objective of the Sarasota School of Architecture – the seamless integration of interior and exterior spaces. Mahogany cabinetry and built-ins throughout add an air of sophistication. The living/dining room boasts a white brick fireplace, wall of glass sliders leading to a screened lanai overlooking the pool and verdant gardens, and expansive windows showcasing scenic views of the front courtyard.

Towering sea grapes conceal the home from the street, while bamboo ensures privacy from neighbors on both sides. Along the canal, lush mangroves and coconut palms shield the property from view. Boating enthusiasts will enjoy a deepwater dock equipped with a boat lift as well as direct access to adjacent Sarasota Bay and Gulf of Mexico. The last significant renovation, completed in 2021, converted the home into a versatile split plan with a private guest wing. The addition’s terrazzo floors, beam ceiling grid and glass walls on two sides offer views of the vibrant landscape, mirroring the overall aesthetic of the home.

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