SARASOTA, FLORIDA, August 30th, 2016 – Two adjacent old neighborhoods south of downtown Sarasota, Red Rock and Oyster Bay, continue to draw market interest, despite the recent proliferation of newer residential developments in the region. Based on the MLS of Sarasota homes for sale, some 15 residences were sold in these two West of the Trail communities during the past 12 months, and available properties are sprouting here as well.
Their superb location is one of the strong selling points of Sarasota homes for sale in these two neighborhoods. As in other communities located on the western flank of Tamiami Trail, Red Rock and Oyster Bay also sit next to the water, a premium feature that sets West of the Trail homes a class apart from other Sarasota properties.
Aside from enjoying easy access to the famed beaches of Siesta Key, the local residents are likewise close to many area amenities. Within a short walk from Red Rock, for instance, are Morton’s Market and the shops and restaurants of Barnes & Noble.
Also just nearby is Red Rock Park whose one-acre site features a kids’ playground for children, a spacious open field for soccer or baseball, and a picnic area with gazebo. Another standout in this locality is the Field Club, originally a winter house built in the early 1900s and later converted into a life and leisure facility. Listed in the National Register of Historic Places, this club offers several membership privileges including access to tennis, swimming, and boating facilities.
As impressive for prospective buyers of Sarasota homes for sale, the residences in the Red Rock-Oyster Bay area are nestled amid lush and mature Florida foliage. Canopies of moss-covered oaks line some of the streets in these neighborhoods. Choice properties in these communities are either located on the waterfront or adjacent to canals or inland lagoons and lakes.
The home sites in the neighborhoods of Red Rock‒Oyster Bay are typically large, with many measuring over half an acre. Their residences are an eclectic mix of the old and the new. While there are older homes of 1920s, 1940s and 1950s vintage in these communities, they also feature many new and modern houses. Notably, several of the tear-down properties here have been sold for land value and have given way to new construction.
All told, searching for an available property in Red Rock or Oyster Bay would mean selecting from renovated Old Florida ranch houses, Mediterranean-style villas, contemporary homes, Cape Cod-style bungalows, executive residences, and waterfront mansions.
Most of the current listings of Sarasota homes for sale in these communities are in the million-dollar range. A rare listing though below this luxury price range is a four-bedroom Oyster Bay home with a floor area of 3,224 square feet. Built in the early 1960s, this property was sales-listed early this year with a quoted price in the mid-$800s.
At Red Rock, the most recent listing has a quoted price of $2.65 million, which is a waterfront residence featuring three bedrooms and three baths and a half within a floor area of nearly 4,000 square feet. This home’s endearing features include a private boardwalk jutting out to the bay, providing a view of its islands teeming with bird-life that too is very much part of the charm of living in either Red Rock or Oyster Bay.
SARASOTA, FLORIDA, October 7, 2019 – Property values of communities in the Sarasota-Manatee region now face lesser threat from neighborhood eyesores brought about by abandoned, foreclosed homes. Known in the real estate trade as zombie foreclosures, these properties have shrunk significantly in the region. According to an August report of ATTOM Data Solutions, abandoned […] more>>