Neighborhood · Sarasota, Florida
Cocoanut Bayou
Bayfront Living on Sarasota's Coveted North Shore
1
Homes for sale
$7,500,000
Median list price
$1,071
Avg price / sqft
284
Median days on market
Cocoanut Bayou sits where the Gulf meets Sarasota Bay, a small enclave of substantial homes on deep lots and protected water. This is one of the city's quietest luxury pockets — walkable to the beaches of Lido Key yet tucked away from the traffic, with mature landscaping and architecture that reflects decades of careful stewardship. It's the kind of place buyers seek out when they want privacy, waterfront access, and proximity to everything that makes Sarasota homes for sale so sought after.
The market here is thin and high-end by design. There's currently a single active listing at $7,500,000, and only three homes have traded in the past year, so inventory is scarce and timing matters. Expect to compete for well-located waterfront parcels; buyers who also shop neighborhoods like Arlington Park and the Rosemary District will notice how differently Cocoanut Bayou trades.
Cocoanut Bayou is a community in Sarasota, Florida.
Quick facts
$7,500,000 – $7.5M price range
7,003 sqft median home
$125/mo median HOA
3 sold in 12 months
Drive times
On the market now
Homes for sale in Cocoanut Bayou
Every active listing inside the Cocoanut Bayou boundary
Open full map search →Find your fit
Browse Cocoanut Bayou
By feature — on the live map
The numbers that matter
The Cocoanut Bayou market
3
Sold, last 12 months
$5,600,000
Median sold price
91%
Sale-to-list ratio
What sellers actually get vs asking
66 days
Median time to sell
Cocoanut Bayou vs Sarasota
Median list price
Price per sqft
Days on market
Live Stellar MLS data — every listing and closed sale inside the Cocoanut Bayou boundary. Rolling medians smooth single-month swings in small communities.
For the school run
Schools Cocoanut Bayou is zoned for
Attendance boundaries overlapping this community — always verify zoning with the district.
What it really costs
Owning here
Owning the median Cocoanut Bayou home
≈ $44,894/mo
$7,500,000 median · 20% down · 30-yr fixed at 6.9% · taxes/HOA from live listing data · insurance is a Florida estimate.
$125/mo
Median HOA
From current listings inside the boundary
Population
362
Median age
61
Median income
$151,303
Median home value
$1,979,001
Beyond the listings
Living in Cocoanut Bayou
Culture
Top 1% in the U.S.Sites to See
This population finds the most beautiful sites just by looking up. Sunrise, sunset or sometime in between, these people love to marvel at man-made and natural wonders.
Hobbies & Interests
Top 4% in the U.S.Wanderlust
Always thinking about their next destination, this population loves exploring new places abroad or right in their own backyard. They hold onto past trips by sharing their favorite memories and pictures year round.
Beliefs
Top 5% in the U.S.Conservation
Good stewards of the earth, this population advocates for a cleaner environment and responsible use of resources. They often encourage others to recycle and use clean energy.
Lifestyles
Top 7% in the U.S.Wealth Signaling
Interested in the finer things life has to offer, this population wants to display their lifestyle by discussing luxury products. Often references jewelry, cars, and home features.
Relationships
Top 10% in the U.S.Dating Life
With dating comes highs, lows, and lots of questions. You can find this population talking about dating advice, breakups and how to express their feelings.
Hobbies & Interests
Top 11% in the U.S.Natural Beauty
This population marvels at the beauty of nature, and they want to capture every breath-taking scene.
Straight answers
Cocoanut Bayou FAQs
Is Cocoanut Bayou a good place to live?+
If you want quiet, waterfront privacy within minutes of the Gulf, it's hard to beat. The neighborhood is small and residential, close to the beaches of Lido Key, and served by well-regarded public schools including Phillippi Shores Elementary and Sarasota High. It suits buyers who prize space and seclusion over density.
Is Cocoanut Bayou expensive?+
Yes — this is one of Sarasota's premier waterfront addresses. The lone active listing is priced at $7,500,000, and homes carry a median property tax of roughly $60,515 a year. Buyers comparing more accessible price points often look at Arlington Park as well.
What do homes cost in Cocoanut Bayou?+
The current active listing is $7,500,000, or about $1,071 per square foot on a 7,003-square-foot home. Over the past year, three sales closed at a median of $5,600,000, so figure the mid-single-millions to high-seven-figures depending on the lot and water frontage.
How is the market here?+
It's a low-volume, high-value market where patience pays. Only three homes sold in the last 12 months, listings can sit — the median time on market is 284 days — and sellers are getting about 91% of asking on average. That gap leaves room for a prepared buyer to negotiate.
What about HOA fees and property taxes?+
HOA dues are modest for the neighborhood's caliber, with a median of about $125 per month. Property taxes, however, reflect the high values here, running a median of roughly $60,515 annually. Budget for the taxes as the larger ongoing carrying cost.
Keep exploring
More Sarasota neighborhoods
Neighborhood boundary by edgeAI; listings matched to the polygon. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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