Rarely does a property of this caliber become available on Siesta Key. Spanning approximately 1.6 acres, this exceptional waterfront estate is framed by majestic oak trees and lush, mature landscaping, creating a private, quiet, and timeless retreat. This legacy property showcases expansive bayfront views that wrap gracefully around to a protected canal, offering both breathtaking vistas and sheltered water access. At its heart stands a classic and formal Southern-style residence, remodeled in 2008, rich in character and designed for an elegant lifestyle. Grand, beautifully proportioned rooms are designed for effortless entertainment, highlighted by a stately formal dining room worthy of the most important occasions. The expansive country kitchen is both functional and refined, featuring a professional-grade Wolf range with custom copper hood, an oversized Sub-Zero refrigerator, vintage tile flooring, and a striking chandelier that brings a touch of timeless elegance to space. A classic wood-burning fireplace adds warmth and character to the cozy wood paneled den with charming French doors opening to bayfront views. With six spacious bedrooms, six full bathrooms, and two additional half baths, this home offers exceptional comfort and ample space to accommodate family and guests with ease. Car enthusiasts will appreciate the 8 garages. Boaters will appreciate the ample opportunities to enhance this property with custom docks or lifts. For those envisioning a custom estate, the property also offers a rare opportunity to build your dream home while comfortably residing on-site in the charming guest cottage, complete with bedroom suite and kitchen—allowing you to plan, design, and construct at your own pace without ever leaving this exceptional setting. This is a true legacy offering, where expansive space and stunning waterfront beauty come together seamlessly, enhanced by breathtaking views that elevate every moment in this extraordinary setting. The Sanderling Club, the only guard-gated, single-family neighborhood on Siesta Key, offering residents tennis and pickleball courts, playground, and deeded access to a pristine stretch of Siesta Beach. Located minutes from Siesta Village, this property provides the perfect balance of serene seclusion and proximity to Sarasota’s vibrant cultural and culinary attractions.
Property Details
Price:
$8,950,000
MLS #:
A4690355
Status:
Active
Beds:
6
Baths:
7
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
SIESTA PROPERTIES INC
Neighborhood:
34242sarasotacrescentbeachsiestakey
Listed Date:
May 12, 2026
Finished Sq Ft:
10,642
Total Sq Ft:
14,686
Lot Size:
68,170 sqft / 1.57 acres (approx)
Year Built:
1951
See this Listing
Schools
Elementary School:
Phillippi Shores Elementary
Middle School:
Brookside Middle
High School:
Sarasota High
Interior
Appliances
Built-In Oven, Dishwasher, Disposal, Dryer, Freezer, Microwave, Range, Range Hood, Refrigerator, Washer, Wine Refrigerator
Bathrooms
6 Full Bathrooms, 2 Half Bathrooms
Cooling
Central Air, Zoned
Flooring
Brick/Stone, Other, Hardwood
Heating
Central, Electric, Zoned
Interior Features
Ceiling Fan(s), Crown Molding, Eating Space In Kitchen, Elevator, PrimaryBedroom Upstairs, Stone Counters, Vaulted Ceiling(s), Walk-In Closet(s), Window Treatments
Laundry Features
Inside, Laundry Closet, Laundry Room
Levels
Three Or More
Exterior
Architectural Style
Custom
Construction Materials
Wood Frame, Wood Siding
Covered Spaces
8
Direction Faces
Southwest
Exterior Features
Balcony, Courtyard, French Doors, Irrigation System, Lighting, Private Yard
Fencing
Other
Garage Spaces
8
Lot Features
FloodZone, In County, Landscaped, Near Public Transit, Oversized Lot, Private, Street Dead-End
Open Parking YN
1
Other Structures
Guest House
Parking Features
Circular Driveway, Driveway, Garage Door Opener, Ground Level, Oversized, Split Garage
Patio And Porch Features
Covered, Front Porch, Patio, Rear Porch
Roof
Metal
Security Features
Smoke Detector(s)
Spa Features
Heated, In Ground
View
Water
Waterfront Features
Bay/Harbor, Intracoastal Waterway
Financial
HOA Fee
$11,200
HOA Fee Frequency
Annually
HOA Name
Sanderling Club
Tax Year
2025
Taxes
$40,641
Map
Community
- Address1249 S BASIN LANE SARASOTA FL
- SubdivisionSIESTA PROPERTIES INC
- CitySARASOTA
- CountySarasota
- Zip Code34242
Market Summary
Current real estate data for Single Family in SARASOTA as of Aug 29, 2026
1,867
Single Family Listed
117
Avg DOM
471
Avg $ / SqFt
$1,428,013
Avg List Price
Property Summary
- Located in the SIESTA PROPERTIES INC subdivision, 1249 S BASIN LANE SARASOTA FL is a Single Family for sale in SARASOTA, FL, 34242. It is listed for $8,950,000 and features 6 beds, 7 baths, and has approximately 10,642 square feet of living space, and was originally constructed in 1951. The current price per square foot is $841. The average price per square foot for Single Family listings in SARASOTA is $471. The average listing price for Single Family in SARASOTA is $1,428,013. To schedule a showing of MLS#a4690355 at 1249 S BASIN LANE in SARASOTA, FL, contact your InvestPro Properties, Inc. agent at 561-203-7022.
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Courtesy of MICHAEL SAUNDERS & COMPANY. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Orlando/Tampa – FL. Detailed information about real estate listings held by brokerage firms other than InvestPro Properties, Inc. include the name of the listing broker. Neither the listing company nor InvestPro Properties, Inc. shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. Orlando/Tampa – FL. All rights reserved. 1249 S BASIN LANE
SARASOTA, FL
