$8,950,000

1249 S BASIN LN, Sarasota, FL 34242

Active
6
Beds
8
Baths
10,642
Sq Ft
$841
Per Sq Ft
1951
Built
20
Days Listed
8
Garage
1.57
Acres

About This Property

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. Additionally, the property can be split into 3 separate waterfront parcels with the smallest water frontage being 99 ft. 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.

Facts & Features

Interior
Bedrooms6
Full Bathrooms6
Half Bathrooms2
Interior Sq Ft10,642
Total Structure Area14,686 sqft
FireplaceYes
FlooringBrick, Other, Wood
HeatingCentral, Electric, Zoned
CoolingCentral Air, Zoned
AppliancesBuilt-In Oven, Dishwasher, Disposal, Dryer, Freezer, Microwave, Range, Range Hoo
LaundryInside, Laundry Closet, Laundry Room
Interior FeaturesCeiling Fans(s), Crown Molding, Eat-in Kitchen, Elevator, PrimaryBedroom Upstair
Property
Construction
Utilities
Community & HOA
Financial & Listing Details

Schools

ElementaryPhillippi Shores Elementary A
MiddleBrookside Middle A
High SchoolSarasota High A
School assignments and grades are informational — verify boundaries with the school district before purchasing.

Price History

May 12, 2026 Listed $8,950,000

Listed by MICHAEL SAUNDERS & COMPANY · MLS# A4690355

Similar Homes in 34242

View all Homes For Sale in 34242 →

Recently Sold in 34242

5585 CONTENTO DR
$5,800
5585 CONTENTO DR, 34242
4 bd · 3 ba · 1,798 sqft
Sold Jul 2026
1200 E PEPPERTREE LN #307
$585,000
1200 E PEPPERTREE LN #307, 34242
2 bd · 2 ba · 1,466 sqft
Sold Jul 2026
5569 SHADOW LAWN DR
$1,100,000
5569 SHADOW LAWN DR, 34242
3 bd · 2 ba · 2,074 sqft
Sold Jul 2026

Properties displayed may be listed or sold by various participants in the MLS

More in Sarasota


Listing information © 2026 My Florida Regional MLS DBA Stellar MLS. All Rights Reserved. Data deemed reliable but not guaranteed. Last updated: 2026-06-01.
IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Schedule a Showing
Florida Property Finder · LPT Realty, LLC
Mike Valdes
Mike Valdes
Florida Property Finder · LPT Realty
(813) 548-5618
Browse More

Monthly Payment

Estimate your all-in monthly cost.

%
%
EST. MONTHLY PAYMENT

Estimate only. Taxes, insurance, and HOA may vary.

🔔

Get notified of similar listings

Be the first to know when a similar home hits the market.

Sign up free to get alerts

Already a member? Log in

Property photo
🤖

Rise AI Assistant

Ask anything about this listing