4534 Banan Place, Siesta Key, FL 34242

$1,975,000
  • 4534 Banan Place, Siesta Key, FL 34242 Main Photo

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Active Price Reduced by $24,999 on February 27th, 2026
BEDS5 BATHS3 full SQUARE FEET3,119 MLS#A4676616
STATUSActive PROPERTY TYPEResidential - Single Family SUBDIVISIONOCEAN BEACH REP

Property Description

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 Caf? 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, Caf? 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.

4534 Banan Place | MLS# A4676616

This single family home located at 4534 Banan Place, Siesta Key, FL 34242 is currently listed for sale with an asking price of $1,975,000. This property was built in 1964 and has 5 bedrooms and 3 full baths with 3119 sq. ft. Banan Place is located in the OCEAN BEACH REP subdivision. Search OCEAN BEACH REP real estate on www.floridaexecutiverealty.com today.

Property Features

Property Type: Residential - Single Family
Cooling: Central Air
Fenced: Yes
Heating: Heat Pump
Home Style: Ranch
Lot Size: 0.24 Acres
Roof Type: Shingle
Stories: 1.0
Taxes: $4,157
Year Built: 1964

Amenities

High Ceilings
Kitchen/Family Room Combo
Living Room/Dining Room Combo
Primary Bedroom Main Floor
Courtyard
Lighting
Outdoor Shower
Private Mailbox
Private Yard
Sliding Doors
Storage

Feature Descriptions

Additional Rooms: Bonus Room, Den/Library/Office, Formal Living Room Separate, Media Room
Appliances: Bar Fridge, Built-In Oven, Dishwasher, Disposal, Dryer, Microwave, Range, Range Hood, Refrigerator, Tankless Water Heater, Washer, Wine Refrigerator
Days on Site: 60
Directions: From Hwy 41 turn west onto Siesta Dr. and follow at the curve to the left onto Higel Ave. continue straight through the round about and take a left onto Reid St. then right onto Banan. House will be first on your left.
Exterior: Block, Frame, Wood Siding
Fencing: Wood
Fireplace: Family Room, Wood Burning
Fireplace Y/N: Yes
Flood Zone Code: AE
Flooring: Luxury Vinyl, Tile
Foundation: Slab
Home Warranty Y/N: No
Listing Terms: Cash, Conventional, VA Loan
Lot: Oversized Lot
Lot Dimensions: 0.24
Other Equipment: Irrigation Equipment, Private Yard
Ownership: Fee Simple
Patio/Porch: Covered, Deck
Pool: Heated, In Ground, Screen Enclosure
Property Attached Y/N: No
Property Sub-Type: Single Family Residence
Sewer: Public Sewer
Showing Instructions: Supra Lock Box, ShowingTime
Special Sale Provisions: None
Swimming Pool: Yes
Utilities: Cable Connected, Electricity Connected, Sewer Connected, Water Connected
Vegetation: Mature Landscaping, Oak Trees, Trees/Landscaped
Water: Public
Water Access Y/N: No
Zoning: RSF2

Room Sizes

Living Room: 21x16
Kitchen: 21x15
Primary Bedroom: 17x16
Primary Bathroom: 13x12
Media Room: 26x21
Dining Room: 23x15
Bedroom 2: 14x13
Bedroom 3: 12x10
Bedroom 4: 13x11
Bedroom 5: 14x11

Listed By / Shown By

Listed By

Agency Name: PREFERRED SHORE LLC
Agency Contact: 941-999-1179

Shown By

Agency Title: Florida Executive Realty
Agency Phone: 813.908.8500

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Estimated Payment

$ 5,317.95 per month $4,395.49 Principal & Interest $346.42 Property Tax $576.04 Homeowner's Insurance

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