Award-Winning Waterfront Model Home | 18-Month Triple-Net Leaseback Opportunity Experience exceptional waterfront living in Lee Wetherington Homes' award-winning Sand Dollar model, professionally designed and impeccably furnished in the prestigious Shellstone at Waterside community of Lakewood Ranch. This professionally furnished model home is offered with a separately purchased designer furnishings package under a separate Bill of Sale. Simultaneous closing includes an exclusive 18-month triple-net leaseback to Lee Wetherington Homes, creating a rare opportunity to own one of the area's premier luxury model homes while it is professionally maintained and showcased. Throughout the lease term, Lee Wetherington Homes, as tenant, will be responsible under the terms of the lease for property taxes, non-ad valorem assessments, HOA dues, hazard and liability insurance, utilities, property maintenance, operating expenses, and the initial capital contribution and amenity fee. Buyers may elect to receive lease payments monthly throughout the lease term or apply the full lease amount as a credit at closing. Designed to celebrate Florida's signature indoor-outdoor lifestyle, the Sand Dollar offers sophisticated architecture, expansive living spaces, designer-selected finishes, and a beautifully curated interior. Walls of 12ft tall glass frame tranquil waterfront views of a 200 acre lake, while seamlessly connecting the great room, gourmet kitchen, and outdoor living areas, creating an ideal setting for both everyday living and effortless entertaining. The luxurious owner's retreat offers a private sanctuary with a spa-inspired bath, while generously appointed guest suites provide exceptional comfort and privacy. Every detail reflects the renowned craftsmanship, innovative design, and timeless elegance that have defined Lee Wetherington Homes for more than four decades. Residents of Shellstone at Waterside enjoy access to the newly completed Summit Hall amenity campus, featuring a resort-style pool, state-of-the-art fitness center, elegant clubhouse, and the 13 acre Midway sports park which offers pickle-ball, tennis, basketball, outdoor fitness, dog park and playground, all within one of Lakewood Ranch's most sought-after waterfront communities. A truly exceptional opportunity to own an award-winning luxury model home with the confidence of a professionally managed triple-net leaseback. Leaseback terms, furnishings package, and additional details are available upon request.
Single-familyProperty Type
2025Year Built
9,910 sq ftLot Size
$1,064Price/Sq.Ft.
$430/moHOA Dues
3 car garageParking
Listed by Caroline Wetherington• LEE WETHERINGTON REALTY
Lakewood Ranch, located between Sarasota and Bradenton, is a master-planned and golf-oriented Lakewood Ranch neighborhood with a network of lakes and a village-style town center. The neighborhood’s character concentrates around Main Street at Lakewood Ranch Boulevard, where sidewalk patios, boutiques, and studio-style fitness spaces line the blocks. Waterside Place and Lakewood Ranch Main Street serve as social anchors for dining, events, and waterfront strolling. Architecture leans Mediterranean-inspired with newer coastal-contemporary builds, framed by palms, trails, and manicured greens. Parks and multi-use paths stitch together pocket neighborhoods, dog parks, and playgrounds. The Premier Sports Campus adds tournament energy and wide-open fields to the landscape.
Provided by Walk Score and Local Logic
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Dining
Interior features
Built-in features
Eat-in kitchen
High ceilings
Open floorplan
Gas fireplace
Bedrooms
3 bedrooms
Bathrooms
4 full bathrooms
Kitchen
Convection oven
Dishwasher
Disposal
Exhaust fan
Microwave
Range hood
Refrigerator
Laundry & utility
Inside laundry room
Washer
Dryer
Flooring
Tile
Heating & cooling
Central heating
Central air
Exterior features
Outdoor kitchen
Landscape lighting
Rain gutters
Heated in-ground spa
Private heated in-ground pool
Lake view (Lake Merganser)
Home design
Single family residence
One level
Completed new construction
Faces south
Parking
Attached garage with 3 spaces
Construction
Block construction
Tile roof
Stem wall foundation
Built by Lee Wetherington Homes
Utilities
Public water
Public sewer
Electricity connected
Natural gas connected
Irrigation system
HOA & community
Homeowners association (monthly fee $430)
Association name: Delia Collins
CDD present
Association fees required
Financial info
Total monthly HOA $430
Total annual HOA $5,160
Lease restrictions apply
Other
Pets allowed with number limit
Electricity and solar
View estimated energy costs and solar savings for this home
The VPD District provides an area for coordinated mixed-use developments which include Neighborhoods, each comprised of a broad range of residential housing types, Neighborhood Centers, Recreational Space, schools, and Village Centers that includes residential, commercial, office, Public/Civic uses, and Public Space within a planned development. Each VPD District has appropriate perimeter buffering and Open Space that is achieved through the Transfer of Development Rights and density bonus programs, or through other development incentive policies provided herein. The variety of land uses available in this district will allow flexibility to respond to market demands and the needs of tenants and residents, which provides for a variety of physically and functionally integrated land uses. The VPD District allows residential uses, including multifamily residential communities or upper story and attached residential dwelling units, in order to promote live-work and mixed use opportunities. When rezoning to the VPD District, Master Land Use Plans are binding. The VPD District is used to implement the Comprehensive Plan within those areas of Sarasota County shown as Village Land Use within the Village/Open Space RMA on the Future Land Use Map Series, Figure RMA-3.
Mar 6, 2025 • Final
Residential pool/spa
Install a residential swimming pool, spa, paver deck, and footing. Gas work is to be completed under a separate permit.
Gas
Grading
Pool and hot tub
Feb 28, 2025 • Final
Residential new construction
Construct a new single-family home with green building standards and private provider inspections.
New construction
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.
Historical weather
Sarasota, FL • 34240
Average low and high temperatures (°F)
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56
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Sun exposure
100/ 100
Exceptional sunlight
Sunscore
This home ranks in the top 1% for direct sun exposure in the zip code. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.4 hrs
7.2 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 800 Blue Shell Loop
$3,304,888
$195K under list price of $3.50M
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $1.3M to $3.0M.