4534 Banan Place, Siesta Key, FL 34242 (MLS # A4676616)

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View Virtual Tour PRICE $1,899,000 BEDS 5 BATHS 3 HOME SIZE 3,119 sqft LOT SIZE 10,455 sqft Request More Info Schedule a Showing

Welcome to an unparalleled sanctuary at 4534 Banan Place, a Siesta Key treasure that marries zen-like tranquility with the finest touches of luxury. This more-than-3,000-square-foot, five-bedroom, three-bath estate is a hidden gem, offering a spa-like retreat with dual living spaces, a flex room, and an atmosphere that feels like a private resort. Every inch has been exquisitely reimagined: a new standing seam black Key West-style roof (50-year lifespan) installed in 2025, High-impact resistant skylights, doors, and sliders, and curated lighting throughout create a luminous and serene interior. The heart of the home is a gourmet kitchen featuring top-of-the-line Café appliances, a double oven, a gourmet pot filler, and JARLIN custom soft-close cabinetry in all bathrooms, the kitchen, and the master closet. The centerpiece is an imported African walnut waterfall island, a stunning 7.5-foot by 4.5-foot masterpiece anchoring the space. The entire home is enhanced by the luxury of 22mm extra-long and extra-wide vinyl plank flooring, as well as 48x48 luxury tiles in a calming jade-like hue. Within this serene haven, you'll find not just one but a true dual ensuite layout, offering two primary suites"”one larger than the other"”both adorned with custom shelving throughout and luxurious five-panel doors. The main primary suite is a sanctuary of its own, complete with private access to the outdoors and pool. The primary bathroom is a spa-like escape, featuring a double glass-door shower with a rain head, wand, and expansive tile running up the wall. On the opposite side of the home, two additional guest bedrooms provide comfort and style. A brand-new tankless water heater ensures endless comfort, and the home also includes a front-load LG washer and dryer for modern convenience. Adding to the allure, the home includes a full wine bar with a brand-new wine fridge, perfect for entertaining in style. Outside, the newly resurfaced and rescreened pool area is surrounded by elegant travertine decking and mature landscaping with an ornamental irrigation system, creating a true private oasis. Two outdoor showers add to the resort-like experience. High-end renovations include: New standing seam roof; High-impact doors throughout the home; Durable Luxury Vinyl Plank flooring; African walnut waterfall countertops & custom wood ceiling in the kitchen; Floor to ceiling tile in main primary bathroom; New major appliances including, pool equipment, Café Appliances and water heater; and designer finishes and curated lighting throughout. Finally, immerse yourself in the lifestyle of Siesta Key: a world-renowned destination known for its pristine beaches, vibrant local culture, and a sense of community that is second to none. The home is ideally located just blocks from Roberts Bay and less than a mile from the award-winning crystal sands of Siesta Key Beach. With no HOA or deed restrictions, you have the freedom to make this oasis truly your own. **Notably, this property was appraised in December 2025 at $2.33 million"”$330,000 above the list price"”ensuring immediate equity for the fortunate new owner. Welcome to a life of unmatched elegance on Siesta Key.