Map

For SaleSingle Family ResidenceActive

1249 S Basin Lane

Sarasota, FL 34242

$8,950,000

184 Days On Site

  • 6Beds
  • 8Baths6 full, 2 half
  • 10,642Sq Ft
  • $841Per Sq Ft
  • 1.57Acres
  • 1951Built
Subdivision
Siesta Properties Inc
County
Sarasota
MLS®
A4690355

Overview

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.

Listing Snapshot

Price
$8,950,000
Days On Site
184 Days
Bedrooms
6
Inside Area (SqFt)
10,642 sqft
Total Baths
8
Full Baths
6
Partial Baths
2
Lot Size
1.57 Acres
Year Built
1951
MLS® Number
A4690355
Status
Active
Property Tax
$40,641.09 (2025)
HOA/Condo/Coop Fees
$933.33 monthly
Sq Ft Source
Public Records

Property Details

General Features

17 items
Acres
1.57
Direction Faces
Southwest
Foundation
Slab
Garage
Yes
Garage Spaces
8
Levels
Three Or More
Number Of Stories
3
Parking
Circular Driveway, Driveway, Garage Door Opener, Oversized, Garage
Pets
Yes
Property Sub Type
Single Family Residence
Security
Smoke Detector(s)
Sewer
Public Sewer
SqFt Total
14,686
Style
Custom
Utilities
Natural Gas Available, Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
Water Source
Public
Zoning
RE2

Interior Features

21 items
Appliances
Dishwasher, Disposal, Dryer, Freezer, Microwave, Range, Range Hood, Refrigerator, Washer, Wine Refrigerator
Cooling
Central Air, Zoned
Fireplace
Yes
Fireplace Features
Living Room
Flooring
Brick, Other, Wood
Furnished
Unfurnished
Heating
Central, Electric, Zoned
Interior
Elevator, Crown Molding, Eat-in Kitchen, Stone Counters, Vaulted Ceiling(s), Walk-In Closet(s), In-Law Floorplan
Laundry Features
Inside, Laundry Closet, Laundry Room
Spa
Yes

Rooms

RoomDimensionsLevelFeatures
Bedroom 212x15
Bedroom 316x13
Bedroom 518x15
Bonus Room20x16
Den11x10
Dining Room12x10
Family Room20x15
Kitchen18x15
Living Room21x18
Master Bedroom21x22
Media Room13x10

Exterior Features

16 items
Construction Details
Frame, Wood Siding
Exterior
Balcony, Courtyard, Lighting, Private Yard
Fencing
Other
Lot Features
Landscaped, Near Public Transit, Private, Waterfront
Other Structures
Guest House
Patio And Porch
Covered, Front Porch, Patio, Rear Porch
Pool Features
Gunite, Heated, In Ground, Salt Water, Private
Private Pool
Yes
Roof
Metal
Spa
Yes
Spa Features
Heated, In Ground
View
Water
Waterfront
Yes
Waterfront Features
LITTLE SARASOTA BAY
Waterview
Water
Windows/Doors
French Doors

Community Features

6 items
Association Fee
$11200.0
Association Fee Frequency
Annually
MLS Area
34242 - Sarasota/Crescent Beach/Siesta Key
Township
37S
Financing Terms Available
Cash, Conventional
Roads
Paved

Location

1249 S Basin Lane, Sarasota, FL 34242 · 34242 - Sarasota/Crescent Beach/Siesta Key

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Neighborhood & Commute

ZIP Code 34242

Median household income
$117,603
Income per person
$109,238
Households
4,295
Average household size
1.88
Median age
66.2

Source: Walk Score.

Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.

Schools

Elementary School
Phillippi Shores Elementary
Middle School
Brookside Middle
High School
Sarasota High

Price & Status History

  1. Listing updated with changes from the MLS®
  2. Listing first seen on site
  3. Price changed to $8,950,000
  4. Status changed to Active

Friends & Family

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Listing courtesy of MICHAEL SAUNDERS & COMPANY (941) 951-6660

Stellar MLS

Listing information is provided by Participants of the Stellar MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Properties displayed may be listed or sold by various participants in the MLS Copyright 2026, Stellar MLS.

Last checked: 2026-11-12 08:12 PM EST

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