Date
Details
Price
Change
Source
5/12/2026
Listed
$8,950,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$8,950,000
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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. 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.
Full Property Details
Full Property Details for 1249 S Basin Ln
General
- Price: $8,950,000
- HOA FEE: $933/month
- HOA FEE FREQ.: Annually
- Taxes: $40,641 (2025)
- Status: Active
- Type: Single Family
- Source: MidFloridaRegionalMLS
- MLS ID: A4690355
- Updated: 6/1/2026
- Added to Site: 49 day(s) ago
Rental Information
- Min. Lease: 1 Month
Interior
- Number of Rooms: 4
- 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
- Fireplace: Yes
- Fireplace(s): Living Room, Master Bedroom
- Appliances: Built-In Oven, Dishwasher, Disposal, Dryer, Freezer, Microwave, Range, Range Hood, Refrigerator, Washer, Wine Refrigerator
- Furnishings: Unfurnished
- Flooring: Brick/Stone, Other, Hardwood
Rooms
Bathrooms
- Total Bathrooms: 8
- Full Bathrooms: 6
- Half Bathrooms: 2
Bedrooms
- Total Bedrooms: 6
Other Rooms
- Laundry: Inside, Laundry Closet, Laundry Room
Additional Information
- Pool: Yes
- Private Pool: Yes
- Pool Description: Gunite, Heated, In Ground, Salt Water
- Spa: Yes
- Spa Description: Heated, In Ground
- Security/Safety: Smoke Detector(s)
Exterior
- Exterior Features: Balcony, Courtyard, French Doors, Irrigation System, Lighting, Private Yard
- Deck/Patio: Covered, Front Porch, Patio, Rear Porch
- Porch/Patio/Deck: Covered, Front Porch, Patio, Rear Porch
Parking
- Garage: Yes
- Garage Spaces: 8
- Covered Spaces: 8
- Parking Features: Circular Driveway, Driveway, Garage Door Opener, Ground Level, Oversized, Split Garage
Location
- Area: 34242 - Sarasota/Crescent Beach/Siesta Key
- County: Sarasota
- Development Name: 34242 - Sarasota/Crescent Beach/Siesta Key
- Subdivision: SIESTA PROPERTIES INC
- Driving Directions: From Stickney Point Road, turn left onto Midnight Pass Road, turn left onto S. Basin Lane. Home is at the very end of the street.
- Direction Faces: Southwest
School Information
- Elementary School: Phillippi Shores Elementary
- Middle School: Brookside Middle
- High School: Sarasota High
Community
- Community Name: 34242 - Sarasota/Crescent Beach/Siesta Key
- Association: Yes
- Assoc. Name: Sanderling Club
- Number of Pets: 10
Heating & Cooling
- Cooling Type: Central Air, Zoned
- Heating Type: Central, Electric, Zoned
Utilities
- Sewer: Public Sewer
- Water District: LITTLE SARASOTA BAY
- Water: Public
- Utility Description: Cable TV Available, Electricity Connected, Natural Gas Connected, Phone Available, Public, Sewer Connected, Water Connected
Structural Information
- Architectural Info: Custom
- Architectural Style: Custom
- Exterior Const.: Wood Frame, Wood Siding
- Roof: Metal
- Stories/Levels: Three Or More
- Square Feet: 10,642
- Sq. Ft. Source: Public Records
- Year Built: 1951
Additional Structures
- Other Structures: Guest House
Lot Features
- Property View: Water
- Lot Size (Acres): 1.57
- Lot Size (Sq. Ft.): 68,170
- Lot Size: 1.565
- Frontage: Street Dead-End, Private Road
- Street/Road Desc.: Paved
- Fencing (Description): Other
Water Features
- Water Front: Yes
- Water View: Yes
- Water Access: Yes
- Water Access Desc: Bay/Harbor, Gulf/Ocean, Gulf/Ocean to Bay
- Water Extras: Yes
- Water Front Name: LITTLE SARASOTA BAY
- Water Front Desc.: Bay/Harbor, Intracoastal Waterway
Financial Considerations
- Association Fee: $11,200
- Assoc Fee Freq.: Annually
- Assoc Fee Desc.: Required
- Tax Amount: $40,641.09
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: LOTS 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
- Flood Zone Info: AE
- APN: 110050009
- Property ID: 110050009
Listed by Michael Saunders & Company
We Value Your Privacy
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Listing agents
— 1249 S Basin Ln —
Michael Saunders & Company
Michael Saunders & Company
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 1249 S Basin Ln
School District:Sarasota County School District
| Name | Grades | Distance |
|---|---|---|
Phillippi Shores Elementary School 4747 South Tamiami Trail, Sarasota, FL 34231 | PK-5 | 2.7 mi |
Brookside Middle School 3636 South Shade Avenue, Sarasota, FL 34239 | 6-8 | 3.8 mi |
Sarasota High School 2155 Bahia Vista Street, Sarasota, FL 34239 | 9-12 | 5.4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1249 S Basin Ln
Tax History
Tax History for 1249 S Basin Ln
Year
Property Taxes
Change
Tax Assessment
Change
2025
$40,641
3%
$3,378,816
3%
2024
$39,645
3%
$3,283,592
3%
2023
$38,561
2%
$3,187,953
3%
2022
$37,729
—
$3,095,100
3%
2021
$37,577
—
$3,004,951
1%
2021
$37,577
2%
$2,963,463
2%
2019
$36,850
2%
$2,896,836
2%
2018
$36,236
—
$2,842,822
2%
2017
$36,116
—
$2,784,351
2%
2016
$36,104
-2%
$2,727,082
1%
2015
$36,804
—
$2,708,125
1%
2014
$36,691
—
$2,686,632
2%
2013
$36,714
—
$2,646,928
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1249 S Basin Ln
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Sold by Diana Michel
Sold by Diana Michel
1249 S Basin Lane, Sarasota, FL 34242 (MLS# A4690355) is a Single Family property with 6 bedrooms, 6 full bathrooms and 2 partial bathrooms. 1249 S Basin Lane is currently listed for $8,950,000 and was received on May 12, 2026. Want to learn more about 1249 S Basin Lane? Do you have questions about finding other Single Family real estate for sale in Sarasota? You can browse all Sarasota real estate or contact a Coldwell Banker agent to request more information.