Aquadisia, 7712 Sanderling Road, behind the gates of Siesta Key's Sanderling Club, has just been listed by Kim and Michael Ogilvie of Michael Saunders and Co. at $18 million.
It is the No. 2 list price in the Sarasota region. Ohana, on Longboat Key, is listed at $22 million by Deborah Beacham of MSC.
Aquadisia's seller, Jeff Roberti, paid $11.85 million for the property in October 2014. It had been privately marketed, but not listed, at $22 million.
Excerpts from our report when that sale closed:
It is the No. 5 all-time residential sale in Sarasota County.
The 4-acre property ... was sold by Stacey Siegel, founder of the Everything But Water chain of swimwear stores. She bought the property in May 2003 for $4.5 million, according to county records.
The main house, together with a pair of smaller houses, contain eight bedrooms and eight bathrooms in all. Combined, they total 9,347 square feet.
Additionally, the property contains 538 feet of Gulf of Mexico frontage, with a beach protected by rip-rap.
The house was built in 1999 from a Guy Peterson design, and David Lowe did extensive interior design work for Siegel. Landscaping was done most recently by David W. Young.
Peg Davant of Premier Sotheby's International Realty marketed the property for Siegel.
Roberti is known for multi-level marketing success.
He was featured in the Herald-Tribune's Style magazine in the 1990s and is also known for a multi-level, modernist beachfront home near Siesta Beach, and his ownership of a red Ferrari sports car.
The property was advertised for sale on the popular real estate website Zillow. A gushing description was accompanied by 52 photographs.
"An extraordinary assemblage of treasured waterfront property with utmost privacy," the Zillow listing described the property. "The sophisticated use of glass, water, quartz and shell stone create a clean, warm and refined residence."
Young's landscape includes 48 royal palms, a reflecting pool and a custom labyrinth. Water basins flow to a main spa, where a glass "water wall" forms the backdrop to views of the Gulf.
"From design through completion, this was a two-year collaborative process with the client," said Michelle Young of DWY Landscape Design and Conclave Consulting Group.
"The project began as a renovation to the estate grounds and ended up including a complete renovation of the interiors."