Historic St. Armands home with a whimsical name lists for $17.5 million

 A bit of classic architecture with its own contemporary flavor and a whimsical name — Casa del Carnevale — was recently listed for sale in John Ringling Estates, priced at $17.5 million.

The marketing and sale of the home at 139 S. Washington Drive, is being handled by Judy Kepecz-Hays of Coldwell Banker affiliated Kepecz-Hays Team.

In marketing materials, the Longboat Key-based agent called the property “a rare and exquisite blend of history, elegance, and modern comfort.’’

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"Casa del Carnivale on St. Armands Key presents a once-in-a-generation opportunity to own an extraordinary estate,'' Kepecz-Hays said.  "Offering 171 feet of prime waterfront in Sarasota's storied history, Casa del Carnivale is more than just a unique residence — it's a masterpiece of timeless elegance and craftsmanship.

"This enchanting home is both charming and inviting, a living museum that embodies artistry and sophistication. It stands as one of the most exquisite properties I have encountered in my 40 years of experience, simply a one-of-a-kind, iconic masterpiece that will leave a lasting impression.''

Built in 1936, the home was renovated and expanded from 4,000 to 10,000 square feet under roof — 7,800 square feet are under air. Set on three lots with an eastern view of what is now Sarasota’s skyline, the property predates the across-the-water vista of a developed Bird Key to the east, which was only to take place about 20 years later.

An elevator connects two levels of the home that is being sold furnished. There are five bedrooms and six full baths, along with a half bath. The 65-foot saltwater pool overlooks the bayfront.

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If the home sold for the asking price, it would tie for fourth in the hierarchy of Sarasota County residential price points. 

In July, a Longboat Key mansion sold for $30.3 million, Kepecz-Hays represented the buyer in the sale. 

In 2024, a condo in the St. Regis Resort on Longboat Key sold for $21 million, the highest price paid on Longboat for a condo. 

An 11,275-square-foot waterfront home on Hillview Drive sold in 2024 for $20 million. And an 11,500-square-foot house a couple of blocks down on Hillview sold for $17.5 million in 2022.