Riverwood Park, Sarasota, Florida Riverwood Park is a small and unassuming subdivision, well hidden but offering something fast disappearing in this region – large lots with no deed restrictions. The community has no amenities, no restrictions and therefore no homeowners association fees, but it does offer some great perks, like being located along Phillippi Creek. And also being a short five minute drive to Siesta Key!   The Sarasota real estate market offers few opportunities to find large lots so close to the beaches in this price range. Riverwood Park 2BR home Riverwood Park, 3BR home   08/12/2010