$7 MILLION MODERN BAYFRONT RESIDENCE IS HIGHEST-PRICED SALE IN THE HISTORY OF SAN REMO ESTATES
Local tech CEO and chairman of Big Brothers Big Sisters of the Sun Coast, Donald Patterson, purchased the waterfront boating property.
SARASOTA, Fla., June 15, 2022 (Newswire.com) - A one-of-a-kind waterfront home has recently sold for $7 million—the highest-priced sale ever recorded in San Remo Estates and the most expensive waterfront boating property sale in the last year around the Siesta Key area. Located at 3631 San Remo Terrace, this stunning residential offering is positioned along Sarasota Bay. The listing was marketed and sold exclusively by Greg Krome, and Moriah Taliaferro, also of the Premier Sotheby's International Realty downtown Sarasota office, brought the buyer, Donald Patterson.
The chairman of Big Brothers Big Sisters of the Sun Coast, and CEO of Ascend Wireless Networks, Donald sold his Golden Gate Point condominium at One88 on May 18. A Florida native and lifetime participant and an affiliate of Big Brothers Big Sisters, he continues to give back to the community by participating in the sponsorship of BBBS Sun Coast for Sarasota and Manatee County, as well as being a current mentor for a child in the area. Don also previously ran for Sarasota City Commission District 2 in 2020.
Designed by the award-winning architect Stephen Chung and completed in 2021, this new construction four-bedroom, three-and-a-half-bath bayfront home captures tranquil waterfront views from every room. Envisioning an elegant and stylish sanctuary, the owners added personal touches to the modern design and finishes. The chef's kitchen is crafted with state-of-the-art stainless steel appliances and a sprawling center island. Additional appointments include a loft and an expansive second-story balcony space.
Multiple walls of glass deliver an exceptional indoor-outdoor living experience opening into a peaceful patio with lap pool and spa overlooking the bay. An expansive dock has a sitting area and a 20,000-pound boat lift that provides ease of access to the Gulf of Mexico. The property is equipped with an oversized three-car garage featuring custom cabinets and a BendPak lift for an additional vehicle.
"The buyer was actively looking for a property that could fit his boats, his cars, and his extensive wine collection. This property checked all those boxes and offered him the modern aesthetic that he is so fond of. The record sale price demonstrates both the strength of the luxury market and the allure of this established coastal community."
- Moriah Taliaferro and Greg Krome, Premier Sotheby's International Realty
Headquartered in Naples, Florida, Premier Sotheby's International Realty has over 1,400 sales professionals in 40 locations throughout Florida and North Carolina. Premier Sotheby's International Realty also benefits from an association with the storied Sotheby's auction house, established in 1744. The brokerage is a division of The Lutgert Companies, a prominent member of Southwest Florida's business community since 1964. For more information, visit premiersothebysrealty.com.
Source: Premier Sotheby's International Realty