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$2,000,000

  • For Sale
  • Active
  • Lots/Land
  • 0.49 Acres
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Extraordinary boating water building opportunity on Siesta Key. Discover an exceptional waterfront offering in one of Siesta Key's desired enclaves. Ideally just three lots from Sarasota Bay, no bridges to the bay, this nearly one-half-acre property presents a rare opportunity to create a custom luxury waterfront estate in a premier coastal setting. Designed for boating enthusiasts, the property offers direct access to Sarasota Bay, the Intracoastal Waterway and Gulf of Mexico via the recently reopened Midnight Pass, an increasingly prized advantage for those who value seamless navigation and an authentic waterfront lifestyle. Outside the gates, yet part of the prestigious Sanderling Club community, ownership includes the option to enjoy a serene, understated lifestyle with access to social events and a private community beach. Evenings are crowned by unforgettable Gulf sunsets, where the sky transforms into a canvas of color, an experience that defines life on Siesta Key. Ideally near Siesta Key's world-renowned quartz-sand beaches, Turtle Beach, and the dining and boutiques of Siesta Village and South Village, this property also offers convenient access to downtown Sarasota's rich cultural scene, including theater, ballet, opera, museums and galleries. More than a homesite, this is an invitation to design a legacy waterfront residence that embraces the beauty, boating access and enduring appeal of Siesta Key living.

Full Property Details for 1221 S Basin Ln

General

  • Price: $2,000,000
  • HOA FEE: $450/month
  • HOA FEE FREQ.: Annually
  • Taxes: $10,074 (2025)
  • Status: Active
  • Type: Lots/Land
  • Source: MidFloridaRegionalMLS
  • MLS ID: A4675910
  • Updated: 12/22/2025
  • Added to Site: 29 day(s) ago

Additional Information

  • Shared Amenities: Other, Pickleball Court(s), Tennis Court(s)

Location

  • Area: 34242 - Sarasota/Crescent Beach/Siesta Key
  • County: Sarasota
  • Development Name: 34242 - Sarasota/Crescent Beach/Siesta Key
  • Subdivision: SANDERLING CLUB/SIESTA PROPERTIES INC
  • Driving Directions: US 41 South; to Stickney Point Road; left onto Midnight Pass Rd; left onto S. Basin Lane.
  • Direction Faces: Southeast

School Information

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

Community

  • Community Name: 34242 - Sarasota/Crescent Beach/Siesta Key
  • Community Features: Marina, Water Access, Waterfront, Association Recreation - Owned, Deed Restrictions, Gated Community - Guard, Playground, Special Community Restrictions, Tennis Court(s)
  • Optional Amenities: Other, Pickleball Court(s), Tennis Court(s)
  • Association: Yes
  • Assoc. Name: Capstone / Dylan Clements
  • Assoc. Fees Include: Maintenance Grounds, Manager, Private Road, Recreational Facilities, Security
  • Pet Restrictions: See HOA documents

Utilities

  • Sewer: Public Sewer
  • Water District: SANDERLING MARINA HARBOR
  • Water: Public
  • Utility Description: Cable TV Available, Electricity Available, Sewer Connected, Water Connected

Structural Information

  • Current Bldg. Use: Residential

Lot Features

  • Property View: Water
  • Lot Size (Acres): 0.49
  • Lot Size (Sq. Ft.): 21,221
  • Lot Size: 21221
  • Lot Dimensions: 184 x 150 x 159 x 175
  • Street/Road Desc.: Asphalt

Water Features

  • Water Front: Yes
  • Water View: Yes
  • Water Access: Yes
  • Water Access Desc: Bay/Harbor, Gulf/Ocean, Intracoastal Waterway
  • Water Extras: Yes
  • Water Front Name: SANDERLING MARINA HARBOR
  • Water Front Desc.: Waterfront, Bay/Harbor

Financial Considerations

  • Price Per Acre: $4,081,633
  • Association Fee: $5,400
  • Assoc Fee Freq.: Annually
  • Assoc Fee Desc.: Required
  • Tax Amount: $10,074
  • Tax Year: 2025

Disclosures and Reports

  • Ownership: Fee Simple
  • Special Conditions: None
  • Legal Description: LOT 6 SIESTA PROPERTIES INC UNIT 3
  • Flood Zone Info: AE
  • APN: 110050005
  • Property ID: 110050005

Listed by Premier Sotheby's International Realty

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Listing agents

— 1221 S Basin Ln —

  • Premier Sotheby's International Realty

  • Premier Sotheby's International Realty

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with our affiliated lender
NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 1221 S Basin Ln

School District:Sarasota County School District
NameGradesDistance
Phillippi Shores Elementary School
4747 South Tamiami Trail, Sarasota, FL 34231
PK-52.8 mi
Brookside Middle School
3636 South Shade Avenue, Sarasota, FL 34239
6-83.8 mi
Sarasota High School
2155 Bahia Vista Street, Sarasota, FL 34239
9-125.5 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1221 S Basin Ln Get Price Alerts and Save Property

Date
Details
Price
Change
Source
12/19/2025
Listed
$2,000,000
328.27%
MLS
7/27/1998
Sold
$467,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 1221 S Basin Ln

Year
Property Taxes
Change
Tax Assessment
Change
2024
$10,423
3%
$872,809
3%
2023
$10,104
1%
$847,387
6%
2021
$9,967
—
$798,744
-3%
2022
$9,930
—
$822,706
4%
2021
$9,967
2%
$787,716
2%
2019
$9,734
2%
$770,006
2%
2018
$9,551
—
$755,649
2%
2017
$9,514
—
$740,107
2%
2016
$9,494
-2%
$724,884
1%
2015
$9,673
—
$719,845
1%
2014
$9,641
—
$714,132
2%
2013
$9,642
—
$703,578
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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NMLS#: 1598647

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Listed by Premier Sotheby's International Realty

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1221 S Basin Lane, Sarasota, FL 34242 (MLS# A4675910) is a Lots/Land property with a lot size of 0.49 acres. 1221 S Basin Lane is currently listed for $2,000,000 and was received on December 19, 2025. Want to learn more about 1221 S Basin Lane? Do you have questions about finding other Lots/Land real estate for sale in Sarasota? You can browse all Sarasota real estate or contact a Coldwell Banker agent to request more information.

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