Very rarely does a property come along that truly takes your breath away. An aerial view of this estate immediately reveals the grandeur of the land alone, one of the largest lots on the island of Casey Key. Encompassing nearly 3.5 acres between the Gulf of Mexico and Sarasota Bay, with 120 feet of direct Gulf beach frontage and well over 1,000 feet of bay frontage, this resort-like compound is the perfect island getaway. The impressive estate, completed in 2018, was brilliantly developed to deliver an absolute balance between architecture and design while taking advantage of the impressive setting to create a complete island oasis including the main house, guest house, Olympic-sized swimming pool, spa, boat dock, enormous backyard and a private canopied nature preserve leading to two private beaches on the bay. Designed by John Cooney of Stofft Cooney Architects from Naples and constructed by award-winning Sarasota home builder Michael K. Walker, this estate was curated for comfortable entertaining and a relaxed island lifestyle. The main house, with nearly 9,600 square feet of indoor/outdoor living space features multiple gathering spaces that flow seamlessly together through the use of expansive walls of glass. Custom millwork, rich wood and stone flooring, exotic marble and granite, natural Florida coral stone, a strong cohesive color palette, textured wall coverings, and custom-designed and installed window treatments are just some of the incredible features that make this home special. Complementing the interior, the extensive outdoor spaces include multiple covered and uncovered seating areas, a heated saltwater pool with spillover spa, fire pit, bocce ball court and extensive lushly landscaped grounds. The guest house/party pavilion is the icing on the cake and boasts a great room, full bath, and an amazing 40’x40’ covered patio with an oversized fireplace and long water views of the bay/Intracoastal Waterway. The entire property is fully automated by Lutron smart home lighting and integrated security and fire detection system. A 10+ car drive-through garage, hurricane impact-rated windows and doors, and a 22kwh generator that powers most of the house complete this incredible estate property.
Single-familyProperty Type
2018Year Built
3.45 acresLot Size
$1,876Est. Price/Sq.Ft.
10 car garageParking
Listed by Joel Schemmel• PREMIER SOTHEBY'S INTERNATIONAL REALTY
Contact: 941-364-4000
Bought with Jennifer Linehan• MICHAEL SAUNDERS & COMPANY
With 3 beaches on both the Gulf of Mexico and a private Bay peninsula offering unparalleled privacy for relaxing in the sun and surf, Panacea on Casey Key is the best value for a gulf to bay property where you have the Gulf of Mexico as your front yard and Little Sarasota Bay as your back yard. Three acres with three beaches, a unique mangrove peninsula with a private beach ideal for a kayak launch, and the other for solitary lunches or cocktails--a small marina in a protected alcove with 2 boat lifts--and a Key West style home with opportunity to remodel or expand. With more than 135,000 SF of land, approximately 120 feet on the Gulf, and some 400 ft on the bay, you won't find grander views across the beach and out over the Gulf or Bay. Located on a longstraight stretch of Casey Key Road that provides a stable buffer of vegetated dunes between the road and open water, there is nothing like this property on the island. With fewer than 400 single family homes, no traffic lights, and no high rise condominiums, privacy is keen here. Casey Key is conveniently located between Sarasota and Venice, where cultural amenities abound.
Stellar MLS as Distributed by MLS Grid #A3956585
Feb 8, 2012
Listed
*
Stellar MLS as Distributed by MLS Grid #A3956451
Feb 8, 2012
Listed
*
Stellar MLS as Distributed by MLS Grid #A341202
May 7, 2009
Listing Removed
—
Feb 14, 2007
Listed
*
Stellar MLS as Distributed by MLS Grid #A306456
Mar 24, 2006
Listed
*
Stellar MLS as Distributed by MLS Grid #A301312
Feb 10, 2006
Listed
*
Public Records
Mar 10, 2000
Sold
$1,925,000
$236/sq ft
Public Records
Mar 8, 1996
Sold
$1,000,000
$122/sq ft
Public Records
Jun 1, 1982
Sold
$500,000
$61/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$176,149 (+1.9%)
$6,146,800 + $9,102,400
$15,249,200
2024
$172,853 (−7.8%)
$6,025,900 + $8,911,000
$14,936,900
2023
$187,568 (+1.5%)
2022
$184,765 (+168.2%)
$4,779,900 + $10,921,800
$15,701,700
2021
$68,895 (−0.8%)
2020
$69,483 (+2.8%)
2019
$67,614 (+65.9%)
2018
$40,749 (+25.1%)
2017
$32,572 (+0.9%)
$2,550,100 + $10,600
$2,560,700
2016
$32,279 (+6.8%)
$2,477,700 + $10,300
$2,488,000
2015
$30,228 (−8.0%)
$2,258,000 + $10,600
$2,268,600
2014
$32,843 (−32.5%)
2013
$48,654 (+12.3%)
2012
$43,313
Tax history for 1900 Casey Key Rd
Year
Property tax
Land + Additions
Assessment*
2025
$176,149 (+1.9%)
$6,146,800 + $9,102,400
$15,249,200
2024
$172,853 (−7.8%)
$6,025,900 + $8,911,000
$14,936,900
2023
$187,568 (+1.5%)
2022
$184,765 (+168.2%)
$4,779,900 + $10,921,800
$15,701,700
2021
$68,895 (−0.8%)
2020
$69,483 (+2.8%)
2019
$67,614 (+65.9%)
2018
$40,749 (+25.1%)
2017
$32,572 (+0.9%)
$2,550,100 + $10,600
$2,560,700
2016
$32,279 (+6.8%)
$2,477,700 + $10,300
$2,488,000
2015
$30,228 (−8.0%)
$2,258,000 + $10,600
$2,268,600
2014
$32,843 (−32.5%)
2013
$48,654 (+12.3%)
2012
$43,313
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Permits
Beds
5
Baths
5.5
Stories
3
Lot width
—
Lot depth
—
Lot size
3.38 Acres
Year renovated
2018
Sq. Ft.
7,439
Year built
2018
Style
Single Family Residential
County
Sarasota County
APN
0166050003
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 10, 2026.
RE-2
Residential Estate District
The RE Districts permits large lot, estate-type development. A limited number of nonresidential uses are allowed, subject to the restrictions and requirements necessary to preserve and protect the low-density estate character of the district; The RE Districts are generally used to implement the Comprehensive Plan within those areas shown as Semi-Rural, Low Density and Moderate Density Residential on the Future Land Use Map. Locations on the Barrier Islands that have existing RE zoning are acknowledged, and are considered to be consistent with the Future Land Use Map; however, such lands shall not be rezoned to a more intensive RE District; Agricultural uses permitted under the OUE-2 District prior to October 27, 2003, shall continue to be permitted uses on those parcels converted from OUE-2 to RE-1 zoning.
Permitted uses
Include but are not limited to:
Agriculture
Equestrian facility
Livestock production
Housing-Group
Housing-Single unit
Housing-Senior
Housing-Student
Infrastructure
Veterinary clinic
Park & open space
Dec 19, 2025 • Final
Residential accessory structure
Replace an existing concrete column and bush privacy fence with a new concrete masonry unit fence. The new wall will be installed between the existing columns.
ADU
May 20, 2025 • Final
Residential alteration
Install a concrete footer for a masonry infill wall. Replace existing bushes between concrete columns with concrete masonry units to create a privacy fence.
Grading
Remodel
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Middle Or Junior High School: Laurel Nokomis Middle
High School: Venice Senior High
Location Information
Directions: US 41/Tamami Tr to Blackburn Point Rd turn Left on to Casey Key Rd Follow to 1900 or US 41/Tamiami Tr to Albee Rd turn Right on Casey Key Rd follow to 1900.
Condo Information
Floor Number: 3
Community Information
Pets Allowed: Yes
Public facts
Beds: 5
Baths: 5.5
Sq. Ft.: 7,439
Stories: 3.0
Lot Size: 3.38 acres
Style: Single Family Residential
Year Built: 2018
Year Renovated: 2018
County: Sarasota County
APN: 0166050003
Home facts updated by county records on Jul 10, 2026
Other
Miscellaneous Information
Third Party YN: 1
Listing Information
Attribution Contact: 941-364-4000
Previous Status: Pending
Backups Requested YN: 1
Listing Date Information
Days to Contract: 40
Status Contractual Search Date: 2021-04-28
Listing Price Information
Calculated List Price By Calculated Sq Ft: 2434.55