Steeve Cadeau
$6,995,0004 bd5.5 ba4,617 sqft$1,515 /sqft$46,677 /mo all-in ↓

246 MORNINGSIDE DRIVE, SARASOTA, FL, 34236

Active25 days on marketListed Jun 26, 2026MLS #A4698159

WaterfrontPrivate poolSingle Family ResidenceLIDO C

About this home

246 MORNINGSIDE DRIVE

Designed by renowned Sarasota architect Guy Peterson, this striking contemporary waterfront residence is tucked within the coveted Lido Shores community, where private deeded beach access and protected waters create one of Sarasota's most sought-after coastal lifestyles. Occupying one-and-a-half lots along the tranquil shoreline of Pansy Bayou, the residence blends award-worthy architecture with extensive recent renovations, offering an extraordinary balance of modern design, waterfront living, and effortless indoor-outdoor entertaining. Walls of floor-to-ceiling impact glass capture ever-changing bayou vistas while flooding the home with natural light. Spanning more than 4,600 square feet, the four-bedroom residence has been extensively remodeled from 2020 through 2024 with exceptional attention to detail. New hurricane-rated Viracon glass windows and doors, new stucco, wood flooring throughout, updated plaster walls and ceilings, new roof, elevator servicing all three living levels, new HVAC compressors, and a whole-house 32-kW generator provide peace of mind while preserving the home's clean architectural aesthetic. Sophisticated Ketra lighting adjusts throughout the day to complement natural sunlight, while a distributed audio system, security cameras, alarm system, and integrated smart-home features further elevate everyday living. A dramatic foyer introduces 18-foot ceilings and expansive waterfront views that immediately draw your eye through the residence. The formal living room is anchored by floor-to-ceiling glass framing peaceful water views from nearly every vantage point. The open-concept layout flows effortlessly into the dining area, highlighted by an imported Czech hand-blown glass chandelier, before continuing into the gourmet kitchen and family room. The chef's kitchen is thoughtfully designed with sleek custom cabinetry, stone countertops, oversized center island with seating, newer premium appliances, wine refrigeration, ice maker, two dishwashers, multiple beverage refrigerators, and expansive prep areas. Overlooking the family room with walls of custom built-ins, the space remains connected to the waterfront beyond while maintaining a clean contemporary aesthetic. A sculptural solid-wood staircase with glass railings, together with the elevator, provides access to each level. The second floor is devoted to private accommodations, highlighted by the waterfront primary suite offering its own terrace, walls of glass overlooking the pool and bayou, spacious walk-in closet, and a beautifully reimagined spa-inspired bath. Two additional bedroom suites enjoy private baths, while a fourth bedroom currently serves as a den. The upper levels continue to impress with a private office and full bath opening onto an expansive third-floor terrace overlooking the bay and downtown skyline. Above, the rooftop observation deck captures panoramic views stretching from Sarasota Bay to the Gulf. Outdoor living is every bit as remarkable. A newly constructed IPE waterfront deck extends to the water's edge—positioned closer to the shoreline than would be permitted today—creating an exceptional entertaining venue overlooking the peaceful waterfront. The private dock is equipped with a boat lift. The resort-inspired grounds also feature a heated lap pool, spa, outdoor entertaining pavilion, new irrigation system, extensive landscape lighting, and tranquil garden spaces that perfectly complement the home's modern architecture.

Facts & features

The home at a glance

4

Bedrooms

5.5

Bathrooms

4,617

Sqft

0.38 ac

Lot size

3

Garage

2005

Year built

Three Or More

Levels

$1,515

Per sqft

Private poolWaterfrontFireplaceCity & Pool & Water viewPets allowed

Inside

FlooringCarpet · Marble · Hardwood
AppliancesBuilt-In Oven · Cooktop · Dishwasher · Disposal · Dryer · Microwave · Refrigerator · Washer
InteriorBuilt-in Features · Cathedral Ceiling(s) · Ceiling Fan(s) · Eating Space In Kitchen · Elevator · High Ceilings · Kitchen/Family Room Combo · Living Room/Dining Room Combo · Open Floorplan · PrimaryBedroom Upstairs · Skylight(s) · Solid Wood Cabinets · Split Bedroom · Stone Counters · Walk-In Closet(s) · Window Treatments
LaundryInside · Laundry Room
CoolingCentral Air · Zoned
HeatingCentral · Electric · Heat Pump · Zoned

Outside & construction

RoofOther
ConstructionBlock · Stucco
FoundationStilt/On Piling
ViewCity · Pool · Water
FacesNorth
ParkingDriveway · Garage Door Opener · Ground Level · Oversized
ExteriorBalcony · French Doors · Irrigation System · Lighting · Private Entrance · Private Mailbox · Private Yard · Sliding Doors

Community & fees

HOA fee$17/mo
Taxes (2025)$73,590/yr
PetsYes
CommunityWater Access · Waterfront

Utilities & systems

UtilitiesCable Available · Electricity Connected · Natural Gas Connected · Phone Available · Public
WaterPublic

The numbers

What it really costs

Built from this home's actual numbers — the most recent property-tax bill on record and the real association fee — not generic estimates.

$46,677 /mo · 10% down Conventional, 30-yr fixed at 6%

Principal & interest$37,745
PMI (est., until 20% equity)$2,623
Property tax — 2025 actual bill$6,133
HOA fee — from the listing$17
Insurance (FL estimate)$160

The assumptions

Loan typeConventionalDown payment10% · $699,500Loan30-yr fixed at 6%Mortgage insuranceIncludedTaxesActual bill on recordInsuranceFlorida estimate

Above the FHA loan limit for our service areas, so Conventional is the default. VA buyers: switch below — $0 down.

These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:

Andrew Acosta

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Run your own numbers

Loan type

FHA isn’t available at this price — the loan would exceed the $541,287 FHA limit for our service areas.

Down payment10% · $699,500
Interest rate6.00%
Loan term

Estimated payment

$46,677/mo

Principal & interest$37,745
PMI (est., until 20% equity)$2,623
Property taxes (actual bill)$6,133
HOA / condo fee$17
Est. insurance$160

Includes estimated PMI — it drops off once you reach 20% equity. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.

Value check

Is the price right?

The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.

$/sqft vs LIDO C

$1,515 vs $1,637

Days on market

25 vs 58 typical

Where $1,515/sqft sits among the 6 homes for sale in LIDO C

1
0
1 · this home
3
0
1
$1137–1285$1285–1433$1433–1581$1581–1729$1729–1878$1878+

The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.

Where it sits

Inside Sarasota

Map of 246 MORNINGSIDE DRIVE

Get to know Sarasota. See the full Sarasota guide →

SARASOTA 34236 — neighborhood snapshot

Population

13,916

Median age

66.6

Median income

$96,400

Median home value

$917,100

Avg household

1.63

Households w/ children

460

The numbers that matter

The Sarasota market

Seller’s marketBalanced6.0 months of inventoryBuyer’s market

$470K$470K

Sarasota median sold, yr/yr

95.1%

Sale-to-list ratio (12 mo)

2 of 6

LIDO C have cut their price

Median sold price, Sarasota, trailing 36 months (3-month rolling) · live MLS data.

This home is listed 700% above the SARASOTA 34236 median. See the full Sarasota market guide →

Paper trail

This home's history

Jun 26, 2026Listed at $6,995,000 · 25 days on market since
2005Built · LIDO C

Reality check

What actually sold near 246 MORNINGSIDE DRIVE

Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.

1186 WESTWAY DRIVESold · Jun ’26

$1,700,000

1186 WESTWAY DRIVE · same community

3 bd · 3 ba · 2,984 sqft · $570/sqft · 105 DOM

1160 MORNINGSIDE PLACESold · Jan ’26

$1,400,000

1160 MORNINGSIDE PLACE · same community

2 bd · 2 ba · 1,346 sqft · $1,040/sqft · 169 DOM

161 S POLK DRIVESold · Jul ’26

$5,300,000

161 S POLK DRIVE

5 bd · 5 ba · 4,617 sqft · $1,148/sqft · 175 DOM

Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.

Your home team

The pros in your corner

Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.

Steeve Cadeau

Your agent

Steeve Cadeau

REALTOR® · CENTURY 21 Edge

Tours, negotiation, and every question about 246 MORNINGSIDE DRIVE — start here.

Andrew Acosta

Your lender

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Pre-approval, rates, and the real monthly number for 246 MORNINGSIDE DRIVE — before you fall in love.

See it in person

Schedule a tour

Pick a day that works — this goes straight to Steeve's phone and CRM.

Goes straight to Steeve’s phone and CRM.

Straight answers

246 MORNINGSIDE DRIVE FAQs

What would the monthly payment be for 246 MORNINGSIDE DRIVE?+

With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $46,677/mo — principal and interest, the actual property-tax bill, the $17/mo association fee and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.

How much are the HOA fees at 246 MORNINGSIDE DRIVE?+

The association fee works out to $17 per month. Ask us for the full association documents — they spell out exactly what the fee covers.

What are the property taxes on 246 MORNINGSIDE DRIVE?+

The most recent tax bill on record (2025) was $73,590. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.

Are pets allowed at 246 MORNINGSIDE DRIVE?+

The listing reports pets: Yes. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.

How does the price compare to other homes in Sarasota?+

At $6,995,000, this home is listed about 1127% above the Sarasota median of $570,000. The market section on this page shows how the area is trending.

Listing courtesy of COLDWELL BANKER REALTY · Roger Pettingell. MLS #A4698159.

IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.

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