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$8,950,000

6 Beds 6 / 2 Full / Half Baths 10,642 SQFT 1.57 Acres
Type: Single Family

1249 S BASIN LANE
SARASOTA, FL 34242

MLS#: A4690355
Kim Olson
Kim Olson
The Real Estate Advantage
Phone: 218.259.9110
Office: 218.326.8200
Presented by: MICHAEL SAUNDERS & COMPANY with 941-951-6660. - 941-951-6660

Property Description

 

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.


 

Interior Features

Bedrooms

Total Bedrooms6

Bathrooms

Half Baths2
Total Baths8

Other Interior Features

LivingAreaSource0 sqft
Air Conditioning Y/NYes
Fireplace FeaturesLiving Room, Master Bedroom
Fireplace Y/NYes
FlooringBrick/Stone, Other, Hardwood
Furnished Y/NUnfurnished
Heating Y/NYes
Interior AmenitiesCeiling Fan(s), Crown Molding, Eating Space In Kitchen, Elevator, PrimaryBedroom Upstairs, Stone Counters, Vaulted Ceiling(s), Walk-In Closet(s), Window Treatments
Laundry FeaturesInside, Laundry Closet, Laundry Room
Total Stories3

General

Additional Parcels Y/NNo
Additional RoomsGarage Apartment, Loft, Storage Rooms
AppliancesBuilt-In Oven, Dishwasher, Disposal, Dryer, Freezer, Microwave, Range, Range Hood, Refrigerator, Washer, Wine Refrigerator
Architectural StyleCustom
Assoc Fee Paid PerAnnually
Association NameSanderling Club
Attached Garage No
Body of WaterLITTLE SARASOTA BAY
Building Area Units0 sqft
Carport Y/NNo
CitySARASOTA
Construction MaterialsWood Frame, Wood Siding
CoolingCentral Air, Zoned
CountySarasota
DirectionsFrom Stickney Point Road, turn left onto Midnight Pass Road, turn left onto S. Basin Lane. Home is at the very end of the street.
DockY/NNo
Elementary SchoolPhillippi Shores Elementary
Facing DirectionSouthwest
Flood Zone CodeAE
Full Baths6
Garage Spaces8
Garage Y/NYes
HOA Fee$11200
HeatingCentral, Electric, Zoned
High SchoolSarasota High
ILS Total SQFT1885
ILS Under Air SQFT1885
In Law Suite Description1 Bathroom, Detached (ADU), Kitchen, Private Entrance, Studio
In Law Suite YNYes
Land Lease Y/NNo
Lease Considered Y/NYes
Legal DescriptionLOTS 8 & 9 & PART OF LOT 7 ALSO PARCEL MEASURING 100 FT WIDE BOUNDED ON NW & SW BY SIESTA PROPERTIES INC UNIT 3 & EXTENDING TO LITTLE SARASOTA BAY ALL OF ABOVE PROPERTY BEING MORE
LevelsThree Or More
Listing TermsCash, Conventional
Living Area Units0 sqft
Lot Size Square Feet68,170 sqft
Lot Size UnitsAcres
MLS Area34242 - Sarasota/Crescent Beach/Siesta Key
Middle/Junior High SchoolBrookside Middle
Minimum Lease1 Month
Monthly HOA Amount$933
New ConstructionNo
Occupancy TypeOwner
Other StructuresGuest House
OwnershipFee Simple
Patio/Porch FeaturesCovered, Front Porch, Patio, Rear Porch
Pet Size LimitExtra Large (101+ Lbs.)
Pets AllowedYes
Pool FeaturesGunite, Heated, In Ground, Salt Water
Property ConditionCompleted
Property SubtypeSingle Family Residence
Property TypeResidential
RoofMetal
Security FeaturesSmoke Detector(s)
Senior Community Y/NNo
SewerPublic Sewer
Spa FeaturesHeated, In Ground
Standard StatusActive
StatusActive
Subdivision NameSIESTA PROPERTIES INC
Tax Annual Amount$40,641
Tax Lot8
Tax Year2025
Total Rooms12
UtilitiesCable Available, Electricity Connected, Natural Gas Connected, Phone Available, Public, Sewer Connected, Water Connected
ViewWater
Water Access TypeBay/Harbor, Gulf/Ocean, Gulf/Ocean to Bay
Water Access Y/NYes
Water ViewBay/Harbor - Full, Intracoastal Waterway
Water View Y/NYes
Waterfront FeaturesBay/Harbor, Intracoastal Waterway
Year Built1951
ZoningRE2

Exterior

Building Area Total14,686 sqft
Covered Spaces8
Exterior AmenitiesBalcony, Courtyard, French Doors, Irrigation System, Lighting, Private Yard
FencingOther
Foundation DetailsSlab
Lot FeaturesFloodZone, In County, Landscaped, Near Public Transit, Oversized Lot, Private, Street Dead-End
Lot Size Acres1.57
Lot Size Area1 sqft
Parking FeaturesCircular Driveway, Driveway, Garage Door Opener, Ground Level, Oversized, Split Garage
Private PoolYes
Road Frontage TypeStreet Dead-End, Private Road
Road ResponsibilityPrivate Maintained Road
Road Surface TypePaved
SpaYes
VegetationMature Landscaping, Oak Trees, Trees/Landscaped
Water SourcePublic
Waterfront Y/NYes

Additional Details

Price History

  

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$8,950,000

6 Beds 6 / 2 Full / Half Baths 10,642 SQFT 1.57 Acres
Type: Single Family

1249 S BASIN LANE
SARASOTA, FL 34242

MLS#: A4690355
Kim Olson
Kim Olson
The Real Estate Advantage
Phone: 218.259.9110
Office: 218.326.8200