The Museum Area - Sapphire Shores and Indian Beach Real EstatePosted by John Allen on Friday, July 8th, 2011 at 6:34pm.
The Sapphire Shores and Indian Beach neighborhoods (also referred to as “The Museum Area”) stretch west of Tamiami Trail from Whitaker Bayou to New College. The area contains an eclectic mix of homes with architectural styles ranging from 1920’s Mediterranean Revival to 50’s ranch homes and also includes shining examples of Sarasota's own brand of modern architecture. All of the homes in this area are on or within walking distance to the natural beauty of Sarasota Bay. The neighborhood is a quick five minute drive to downtown Sarasota and a fifteen minute jaunt to the beaches of Lido Key. Cultural highlights of the Indian Beach and Sapphire Shores area include: The John and Mable Ringling Museum, the Asolo Repertory Theatre, USF, New College and the Ringling College of Art and Design.
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Indian Beach and Sapphire Shores were originally developed in the early 20th century by wealthy northerners who chose the area to build their winter estates. Their style is prevalent throughout the neighborhood and a shining example is John and Mable Ringling’s Ca D’Zan mansion, which is now an historic museum. Residents of the area include an eclectic mix of artists, professionals, retirees and students. Currently available homes in the neighborhood range from around $100,000 ranch style homes to the millions for palatial bay side estates.
2011 Indian Beach Real Estate Activity
- Current Active Listings: 14
- Highest Priced Home: $9,900,000
- Lowest Priced Home: $99,000
- Median listing Price: $2,131,626
- Average Listing Price: $482,500
- Homes Under Contract: 3
- Homes Sold YTD in 2011: 7
- Highest Sale Price: $2,920,000
- Lowest Sale Price: $130,000
2011 Sapphire Shores Real Estate Activity
- Current Active Listings: 8
- Highest Priced Home: $1,199,000
- Lowest Priced Home: $645,000
- Median listing Price: $949,000
- Average Listing Price: $932,125
- Homes Under Contract: 2
- Homes Sold YTD in 2011: 4
- Highest Sale Price: $405,000
- Lowest Sale Price: $240,100
We recently sold this seven bedroom, six bath Spanish Mediterranean home on Virginia Dr in the Museum Area (West of the Trail):
This property has many unique features including six rental units, majestic oak trees and lush landscaping with an old Florida feel.
Contact us today for more information on Sapphire Shores, Indian Beach or any other Sarasota real estate. Our team of local experts covers the entire Sarasota Florida area!