One of Siesta Key’s most spectacular waterfront estates is once again on the market.

Known as Crystal Waters, the custom-built estate at 8501 Midnight Pass Road has been relisted for $29,995,000, offering prospective buyers an opportunity to own one of Sarasota’s most luxurious residential properties.

Set on approximately 2.7 waterfront acres overlooking Little Sarasota Bay, the estate combines elegant architecture, expansive living spaces and resort-style amenities in a secluded setting at the south end of Siesta Key.

Completed in 2024, the Palm Beach-inspired residence was designed by the acclaimed Naples architectural firm Stofft Cooney Architects and built by Chris Jorgensen of Florida West Builders in Sarasota.

The main residence encompasses 10,001 square feet and includes six bedrooms, seven full bathrooms and three half-baths. Just steps away, a separate 1,605-square-foot guest house features two bedrooms and one bathroom, providing private accommodations for family members or guests.

The estate also offers generous parking, with an oversized three-car garage attached to the main residence and a separate four-car garage beneath the guest house.

According to the listing by Michael Saunders & Company, Crystal Waters is “unmatched in scale, setting, craftsmanship and provenance,” describing it as “one of the finest private properties ever created on Florida’s Gulf Coast.”

The listing further calls the estate “the most significant private estate in Sarasota” and characterizes it as “a once-in-a-generation offering.”

The property first entered the market in February 2025 with an asking price of $31.5 million. After several months without a sale, the price was reduced in May 2025 to $29,995,000.

The estate was removed from the market in July 2025 before returning in June 2026 at the same asking price.

The property is represented by The Kim Ogilvie Group, with Kim Ogilvie and Lynn Morris of Michael Saunders & Company serving as the listing agents.

Located on one of Siesta Key’s most desirable stretches of waterfront, Crystal Waters reflects the continued strength of Sarasota’s luxury real estate market, where high-end custom homes continue to attract affluent buyers seeking privacy, architectural distinction and direct access to Florida’s waterways.

Whether the estate ultimately sells at its asking price remains to be seen, but its return to the market offers another opportunity for buyers searching for one of the Gulf Coast’s premier waterfront residences.