New price! Palm Beach meets Siesta Key, a waterfront masterpiece. A stunning Palladian villa with a modern twist, this gated waterfront estate on the protected deep waters of Cocoanut Bayou offers an unparalleled blend of luxury, elegance and coastal serenity. Boasting 120 feet of deep sailboat water, a private dock, private beach access, and partial gulf views, this exquisite home presents over 7,000 square feet of air-conditioned living space thoughtfully curated for sophisticated entertaining and resort-style living. Stepping through custom arched doors, guests are greeted by a breathtaking grand foyer with soaring 12-foot ceilings, where luminous natural light cascades through expansive windows, illuminating gentle arches, hand-finished details and architectural accents that create an atmosphere of understated grandeur. The central grand room impresses with 24-foot ceilings, travertine flooring and panoramic terrace views, setting the stage for intimate gatherings and lavish soirées. A 48-foot waterfront travertine terrace spans the home's width, offering an idyllic setting for alfresco dining under the stars. A stone fireplace provides warmth on cooler evenings, while multiple French doors seamlessly blend indoor and outdoor living. Designed for culinary excellence, the expansive gourmet kitchen is a masterpiece in form and function. Two Sub-Zero refrigerators, freezer drawers with ice makers, two Miele dishwashers, double Wolf ovens with warming drawers, and a vented gas range create a chef's dream workspace. A spacious island and butler's pantry enhance the convenience of this spectacular kitchen, which flows effortlessly into a waterfront family room, a distinguished library or office, and a grand formal dining room. Private quarters are on the second floor, accessible by a striking staircase or a commercial-grade elevator. Each of the four bedrooms is generously appointed with hand-finished walnut wood floors, walk-in closets and spa-like ensuite baths. The primary suite is a magnificent retreat featuring a private fireplace, an expansive outdoor balcony overlooking the tranquil waterway, and a luxurious spa bath with a soaking tub, dual sinks and a custom shower. Every element of this home is designed to celebrate waterfront living at its finest. A deep-water dock on Cocoanut Bayou provides direct access to Sarasota Bay and the azure gulf waters, allowing for effortless boating and water sports. Car enthusiasts will appreciate the garage space accommodating up to 12 vehicles, while a whole-house sound system, state-of-the-art security, gated entry, cement construction, and impact windows and doors ensure modern convenience, privacy and security. Mature tropical landscaping surrounds the home, creating a serene, private oasis, while a deeded homeowner's association beach access offers the unparalleled opportunity to enjoy the powdery white sands of Siesta Key just moments away. This estate is just minutes from the world-renowned Siesta Key Beach, the lively shops and restaurants of Siesta Key Village, and the vibrant cultural and artistic hub of downtown Sarasota. Sarasota Memorial Hospital and premier shopping destinations are also within easy reach. Offering an extraordinary blend of architectural beauty, modern luxury and an unbeatable waterfront location, this home presents a rare opportunity to own an exceptional residence in the heart of Sarasota.