Cocoanut Bayou

Listings For SaleSold History and Market Report

Cocoanut Bayou Real Estate for Sale – Siesta Key, Sarasota, Florida 34242

Cocoanut Bayou

Cocoanut Bayou is a community established in the 1950s that strongly manifests a greater love with aesthetics and ecology rather than financial gains on luxury waterfront Sarasota homes for sale for its developer. An Atlanta native, Elbridge S. Boyd and his Siesta Properties Inc. take the credit for turning this bayside neighborhood in the northern part of Siesta Key into such a magical place to live in.

Cocoanut Bayou is bordered by Midnight Pass Road and Higel Avenue to the west and Mangrove Point Road to the south. This amazing residential enclave is composed of 54 luxury, estate-sized homes and beach bungalows circa the 1950s with nostalgic pecky-cypress ceilings and walls, nestled amid lush tropical foliage.

Lush tropical waterfront

Cocoanut Bayou

A genuine love for developing a beautiful, on-the-water community is quite evident at Cocoanut Bayou. Most of the home sites here were sized three-fourths of an acre or bigger. Almost all of these residences have private boat docks enabling direct access to the Intracoastal Waterway and Roberts Bay.

The neighborhood was exquisitely laid out in a semicircle around South Cocoanut Bayou, creating for its residents a natural harbor surrounded by a lovely natural environment. On the community’s northern side, mature, lush trees canopy Cedar Park Circle. As refreshing, a tropical preserve dominates Cocoanut Bayou’s southern end at Mangrove Point Place.

Thriving habitat for birds and marine life

Cocoanut Bayou

Even more compelling and attractive for prospective buyers of luxury waterfront Sarasota homes for sale, there’s a sizable mangrove island in the bayou’s center. Notwithstanding the growth of residential developments in Siesta Key, this island has remained well preserved as a natural habitat for birds, and its surrounding waters are also a refuge for dolphins, manatees and a wide variety of fish.

Many of the Cocoanut Bayou residents, in fact, can fish right off their docks. They also have their own private, 100-foot long gated beach on the shoreline of the Gulf of Mexico. Easily accessible right by Fiddler Bayou just across Higel Road, this private beach has a tiki hut, picnic tables and a barbecue area.

Prime location, premium home prices

A triangular walk-up park at the junction of Midnight Pass and Higel further enhances the quiet privacy and sense of nature at Cocoanut Bayou. This park, named after Boyd and donated to Sarasota County in 1982, features shady trees and a relaxing atmosphere perfectly conveying his admirable values as a developer.

Along with the high sense of ecological awareness that went into the development of Cocoanut Bayou, its residents likewise treasure their community’s convenient location. They are within walking distance to the Siesta Village, haven for charming shops and restaurants. A short drive away to the Sarasota mainland takes them to the Morton’s Gourmet Market on Osprey Avenue, the Publix Super Market in Paradise Plaza, Westfield Southgate Mall, the Sarasota Memorial Hospital and the lifestyle attractions of downtown Sarasota.

Following the remarkable recovery of market interest in luxury waterfront Sarasota homes for sale, Cocoanut Bayou has reemerged as a hotspot for upscale buyers, thereby encouraging new sales listings. One recently listed property, a four-bedroom home built in 1954 with a floor area of nearly 3,400 square feet, is being marketed with a tag price approaching $1.6 million. The upper price points in this community can approach the $5-million mark, manifesting the premium that market has accorded to the priceless labor of love put into this community.

Cocoanut Bayou Homes for Sale

Below are the current real estate listings available at Cocoanut Bayou

Please contact me if you would like to schedule a tour of any of the listed properties below.

MLS# A4593145 - Status: Active View Property Details Add to Favorites View Map

  • Price: $7,900,000
  • Zip Code: 34242
  • 6455 Square Feet
  • Subdivision: COCOANUT BAYOU
  • Bedrooms: 5 Baths: 5+
  • OVER HALF A MILLION DOLLAR PRICE REDUCTION!! A stunningly beautiful custom home in the very best of locations in coveted Cedar Park Circle on north Siesta Key. A short walk or bike ride to famed Siesta Beach and fun, eclectic Siesta Village, minutes ... Read More
  • Listing courtesy of: WILLIAM RAVEIS REAL ESTATE

MLS# O6150516 - Status: Active View Property Details Add to Favorites View Map

  • 4165 HIGEL AVE
  • Price: $3,250,000
  • Zip Code: 34242
  • 3147 Square Feet
  • Subdivision: COCOANUT BAYOU
  • Bedrooms: 3 Baths: 3
  • Waterfront Pool Home with Private Dock and Beach Access. Conveniently located on the North side of Siesta Key and completely updated by Siebert Architects & Pat Ball Construction. This property contains a 2 bedroom/ 2 bath Main House, with open floo ... Read More
  • Listing courtesy of: COLDWELL BANKER PARADISE