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Real estate gossip: everything you want to know about Sarasota luxury property sales.

Publication: Sarasota Magazine
Publication Date: 01-APR-03
Format: Online - approximately 1085 words
Delivery: Immediate Online Access

Article Excerpt
"spec" mansions

Agent Kim Ogilvie has seen buyers snub Sarasota for lack of grandeur, taking their business to Palm Beach and Naples in search of waterfront mansions and lavish estates. "Top-end buyers came to us but we just did not have the product to show them," she says. "Sarasota lacked homes of that scale." But no more. Currently, Ogilvie has multiple properties on Westway Drive replete with razzle and sure to dazzle. Sandcastles of Sarasota is completing its break-out spec home featuring 7,500 square feet of living space and another 4,500 in covered loggias and piazzas for $9 million. Ogilvie says Sandcastle has spent more money per square foot on this project than any spec house ever built in the area, including hiring the prestigious design firm of Romanza to furnish the interiors in pure luxury. "The selections and finishes are all top-of-the-line," says Ogilvie, "and the furniture is fantastic." And the view beyond is intoxicating. "When you walk in the...

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