Contact
Tell us about your needs

5155 RIVERWOOD AVENUE

House Active With Contract
$1,794,000

BTC: 20.04469274

ETH: 610.20408163

3 days
Waterfront
4 bds
3 ba
3,869 sqft
Est. Estimated sales range: $0 - $0
$0

Overview

Under contract-accepting backup offers. Imagine pulling up to this hidden waterfront treasure on a quiet Sarasota street, where a long, winding paver driveway curves gracefully through a canopy of majestic mature oaks, welcoming you to a sprawling 1.15-acre lot with 130 feet of prime frontage along the serene waters of Phillippi Creek. Elevated safely in Flood Zone X and crowned with a brand-new 2024 roof, this property feels like your own private Old Florida estate from the moment you arrive. Step out and take in the east-facing oasis: a gently sloping, oak-shaded yard that offers complete natural privacy, leading down to the water’s edge. Relax on the expansive covered porch with sweeping views of the creek, cool off in the freshly resurfaced 2025 pool, or slip through the convenient second porch—complete with ceiling fan—right off the pool bathroom and laundry area. It’s the perfect spot for drying off after a swim or enjoying a quiet breeze. The true magic lies in the irreplaceable waterfront lifestyle. An expansive dock with a charming gazebo and boat lift awaits your adventures, providing direct access to protected waters, the Intracoastal Waterway, and the Gulf of Mexico. There’s even a dedicated kayak launch, so you can choose your pace—whether powering out for a day on the open water or quietly paddling along the scenic creek. Best of all, this generous 1.15-acre parcel comes with no HOA and no deed restrictions, giving you ultimate freedom to truly live the Florida lifestyle—park your boats, add whatever suits your vision, or simply preserve the natural beauty just as it is. Step inside the 1956 residence, and you’ll find more than 3,800 square feet under roof brimming with authentic character and endless potential. Oversized windows flood the open, flowing layout with natural light and breathtaking water views from nearly every room. High soaring ceilings create an airy feel, while a cozy fireplace invites quiet evenings at home. The thoughtful design includes 4 bedrooms and 3 bathrooms, with the expansive upstairs primary retreat offering panoramic vistas. Currently divided into two large rooms by a non-structural faux wall, it’s a blank canvas ready to be reconfigured into an epic primary suite with a luxurious ensuite and generous walk-in closet. All of this is just minutes from Siesta Key’s world-famous beaches, vibrant downtown Sarasota, top-rated schools, shopping, and dining—yet feels worlds away in its peaceful, private setting. This rare waterfront gem is ready for your personal touch, blending Old Florida charm with the opportunity to create your custom modern masterpiece. Schedule your private showing today!

Location

Facts and features

Type:
Residential
Parking:
No Data
Year Built:
1956
Lot:
1.15 Acres
Heating:
Central
Price/sqft:
$464
Cooling:
Central Air
HOA:
No Data
All facts and features
  • Flooring

    • Carpet

    • Tile

    Heating

    • Central

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Disposal

    • Range

    • Refrigerator

    Other interior features

    • Ceiling Fan(s)

    • High Ceilings

    • Open Floorplan

    • PrimaryBedroom Upstairs

    • Solid Surface Counters

    • Solid Wood Cabinets

    • Split Bedroom

    • Walk-In Closet(s)

    Bedrooms and bathrooms

    • Bedrooms: 4

    • Full bathrooms: 3

  • Property

    • Levels: Two

    • Pool Private: Yes

    • Exterior Features: French Doors / Other / Outdoor Shower / Private Yard

    Lot

    • Lot: 1.15 Acres

    Other Property Information

    • Parcel Number: 0085140015

    • Zoning: RSF1

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Single Family Residence

  • Utility

    • Public

  • Other financial information

    • Annual tax amount: $8,399

  • Source details

    • MLS ID: A4676129

    Other facts

    • Construction Materials: Stucco / Wood Siding

    • Foundation Details: Slab

    • Fireplace Features: Family Room

    • Laundry Features: Laundry Room

    • Lot Features: Oversized Lot

    • Patio And Porch Features: Covered / Deck / Enclosed / Rear Porch / Screened / Side Porch

    • Pool Features: In Ground

    • Direction Faces: West

    • Other Structures: Other / Shed(s)

    • Waterfront: Yes

    • Fireplace: Yes

    • Water Body Name: PHILLIPPI CREEK

    • Garage Spaces: 2

    • Attached Garage: Yes

    • Garage: Yes

    • Living Area: 3869

    • Water Source: Public / Well

    • Subdivision Name: RIVERWOOD PARK REP

Similar Homes

940 SIESTA KEY PLACE placeholder 940 SIESTA KEY PLACE
New
Active With Contract
House
$1,680,000
4 bds 3 ba 3,451 sqft
940 SIESTA KEY PLACE
5144 DAMARISCOTTA PLACE placeholder 5144 DAMARISCOTTA PLACE
1 days
Active With Contract
House
$1,895,000
3 bds 3 ba 3,247 sqft
5144 DAMARISCOTTA PLACE
1001 POINT OF ROCKS ROAD UNIT 312 placeholder 1001 POINT OF ROCKS ROAD UNIT 312
2 days
Active With Contract
Condo/Co-op
$1,398,000
2 bds 2 ba 1,370 sqft
1001 POINT OF ROCKS ROAD UNIT 312
1610 S LAKE SHORE DRIVE placeholder 1610 S LAKE SHORE DRIVE
14 days
Active With Contract
House
$1,995,000
3 bds 2 ba 2,821 sqft
1610 S LAKE SHORE DRIVE
4839 PRIMROSE PATH placeholder 4839 PRIMROSE PATH
18 days
Active With Contract
Lots/Land
$1,398,000
0 room(s)
4839 PRIMROSE PATH
332 BOB WHITE WAY placeholder 332 BOB WHITE WAY
25 days
Active With Contract
Lots/Land
$1,849,000
0 room(s)
332 BOB WHITE WAY
3851 TANGIER TERRACE placeholder 3851 TANGIER TERRACE
-$185K (2025/11/18)
Active With Contract
House
$1,990,000
4 bds 3 ba 2,379 sqft
3851 TANGIER TERRACE
4839 PRIMROSE PATH placeholder 4839 PRIMROSE PATH
45 days
Active With Contract
House
$1,398,000
4 bds 3 ba 3,074 sqft
4839 PRIMROSE PATH

The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: DANIELLE GLADDING & CO. REALTY