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$3,980,000
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Property Description
Pre-Construction. To be built. 1621 Memory Lane presents a rare opportunity to build a custom bayfront estate on Little Sarasota Bay in the Bayview Acres neighborhood, one of Sarasota's most strategically positioned mainland waterfront communities. Situated on a quiet no-through street south of Stickney Point Road and west of Tamiami Trail, this expansive .47-acre parcel offers approximately 100 feet of direct frontage on the bay and the scale to design a significant coastal residence with generous outdoor living areas, pool, and the ability to construct a private pier, subject to permitting. The property is offered as a vacant lot for $1,480,000 or as a to-be-built custom residence by The Vision Group priced at $3,980,000, providing flexibility for buyers to bring their own builder or move forward with a fully designed plan. The setting delivers privacy and calm while remaining just minutes from the south bridge to Siesta Key and equally convenient to downtown Sarasota's dining, arts, and cultural amenities. Continued investment along the U.S. 41 and Siesta Drive corridor, including Benderson's planned retail and mixed-use development, further strengthens the long-term appeal of this location. The property is especially well suited for buyers transitioning off the barrier islands who want mainland accessibility without sacrificing water views, as well as inland residents ready to elevate to a true bayfront setting without HOA constraints. With limited remaining buildable bayfront parcels of this size and frontage-and new construction next door on a comparable lot estimated at $6 million in value-the economics present a compelling opportunity to build at a meaningful discount to neighboring new construction.
Full Property Details
Full Property Details for 1621 Memory Ln
General
- Price: $3,980,000
- Taxes: $16,465 (2025)
- Status: Active
- Type: Single Family
- Source: MidFloridaRegionalMLS
- MLS ID: A4677041
- Updated: 3/5/2026
- Added to Site: 59 day(s) ago
Rental Information
- Min. Lease: 1 Month
Interior
- Number of Rooms: 10
- Interior Features: Open Floorplan
- Appliances: Convection Oven, Dishwasher, Microwave, Refrigerator
- Furnishings: Unfurnished
- Flooring: Tile
Rooms
Bathrooms
- Total Bathrooms: 8
- Full Bathrooms: 6
- Half Bathrooms: 2
Bedrooms
- Total Bedrooms: 5
Other Rooms
- Laundry: Laundry Room
Additional Information
- Pool: Yes
- Private Pool: Yes
- Pool Description: Heated, In Ground
- Spa: Yes
- Spa Description: Heated, In Ground
Exterior
- Exterior Features: Sliding Doors
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
- Covered Spaces: 2
Location
- Area: 34231 - Sarasota/Gulf Gate Branch
- County: Sarasota
- Development Name: 34231 - Sarasota/Gulf Gate Branch
- Subdivision: NOT PART OF A SUBDIVISION
- Driving Directions: From Stickney Point west, left on Avenue D and right onto Memory Lane.
- Direction Faces: East
School Information
- Elementary School: Gulf Gate Elementary
- Middle School: Brookside Middle
- High School: Riverview High
Community
- Community Name: 34231 - Sarasota/Gulf Gate Branch
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Electric, Other
Utilities
- Sewer: Septic Tank
- Water District: LITTLE SARASOTA BAY
- Water: Public
- Utility Description: Cable TV Available, Electricity Available
Structural Information
- Architectural Info: Custom
- Architectural Style: Custom
- Builder: The Vision Group
- Approx Compl Date: 2027-01-18T05:00:00.000Z
- Exterior Const.: Concrete, Stucco
- Roof: Tile
- Windows: Storm Window(s)
- Stories/Levels: Two
- Square Feet: 4,626
- Sq. Ft. Source: Builder
- Year Built: 2027
Lot Features
- Property View: Water
- Lot Size (Acres): 0.47
- Lot Size (Sq. Ft.): 20,485
- Lot Size: 20485
- Frontage: Street Dead-End
- Street/Road Desc.: Paved
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: LITTLE SARASOTA BAY
- Water Front Desc.: Bay/Harbor, Intracoastal Waterway
Green Features
- Energy Efficient: Thermostat, Windows
Financial Considerations
- Tax Amount: $16,465.79
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: COM SW COR OLD 66 FT R/W STICKNEY POINT RD & OLD 66 FT R/W TAMIAMI TR TH S 51-05 W ALG STICKNEY POINT RD 2409.5 FT TO SW R/W AVE D TH S 60-49 E ALG R/W 412 FT TH S 29-11 W 400 FT FOR POB TH S
- Flood Zone Info: AE
- APN: 109040021
- Property ID: 109040021
Listed by Michael Saunders & Company
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Schools
Schools serving 1621 Memory Ln
School District:Sarasota County School District
| Name | Grades | Distance |
|---|---|---|
Gulf Gate Elementary School 6500 South Lockwood Ridge Road, Sarasota, FL 34231 | PK-5 | 1.3 mi |
Riverview High School, Sarasota, FL 1 Ram Way, Sarasota, FL 34231 | 9-12 | 2 mi |
Brookside Middle School 3636 South Shade Avenue, Sarasota, FL 34239 | 6-8 | 3.2 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 1621 Memory Ln
Date
Details
Price
Change
Source
1/06/2026
Listed
$3,980,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1621 Memory Ln
Year
Property Taxes
Change
Tax Assessment
Change
2025
$16,460
-33%
$1,430,800
-31%
2024
$24,726
404%
$2,088,000
408%
2023
$4,904
2%
$411,398
3%
2022
$4,808
-1%
$399,416
3%
2021
$4,869
—
$387,783
1%
2021
$4,869
3%
$382,429
2%
2019
$4,726
2%
$373,831
2%
2018
$4,622
—
$366,861
2%
2017
$4,608
—
$359,315
2%
2016
$4,612
-2%
$351,925
1%
2015
$4,692
—
$349,479
1%
2014
$4,675
—
$346,705
2%
2013
$4,672
—
$341,581
—
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 1621 Memory Ln
1621 Memory Lane, Sarasota, FL 34231 (MLS# A4677041) is a Single Family property with 5 bedrooms, 6 full bathrooms and 2 partial bathrooms. 1621 Memory Lane is currently listed for $3,980,000 and was received on January 06, 2026. Want to learn more about 1621 Memory 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.

