$16,950,000
1240 Hillview Drive Sarasota, FL 34239
For Sale MLS# A4688990
4 beds 4 baths 4,852 sq ft Single Family
Details for 1240 Hillview Drive
MLS# A4688990
Description for 1240 Hillview Drive, Sarasota, FL, 34239
Introducing “Gatsby Manor,” set along Hillview Drive, one of Sarasota’s most coveted bayfront addresses, often compared to Port Royal for its exclusivity and waterfront lifestyle, this rare Harbor Acres estate property spans nearly three-quarters of an acre on deep, boatable water with sweeping, unobstructed Sarasota Bay views stretching south toward Siesta Key and the Gulf of Mexico, representing one of the neighborhood’s most distinguished open-bay offerings where only a select few residences achieve true estate scale. Encompassing more than 8,000 square feet of air-conditioned space with four bedrooms and three-and-a-half baths. The residence is complemented by a grand motor court accommodating 15+ vehicles beneath a canopy of majestic grand oaks. Privately approached through wrought-iron gates and a sweeping circular drive anchored by a multi-tiered fountain, the home opens to a dramatic two-story foyer framing the water beyond. Interiors are defined by soaring ceilings up to 22 ft. in height, exceptional millwork, multiple fireplaces, a striking two-story wood-paneled library, formal dining with 12-foot ceilings, and a wetbar—perfectly blending elegant entertaining with comfortable daily living. The chef’s kitchen is designed to support both everyday living and large-scale gatherings, featuring double 36-inch Sub-Zero refrigerators with dual freezer drawers, two dishwashers, and a 60-inch Wolf gas range with six burners and infrared dual griddle. The owner’s suite occupies the entire east wing of the main living level, creating a private waterfront retreat complete with a gas fireplace, sitting area overlooking the pool and bay, dual walk-in closets, and a spa-inspired bath highlighted by a sculptural copper soaking tub, dual vanities, and a dedicated luxury makeup area. Upstairs, a second primary-style suite and two additional guest bedrooms are accessed via the grand staircase or three-stop elevator, offering privacy and flexibility for family and guests. The 3,800+ square-foot ground-level bonus area serves as the home’s ultimate entertaining environment, featuring a remarkable speakeasy lounge and an impressive 700+ bottle wine room. This expansive space functions as a true extension of the residence’s living experience—ideal for hosting gatherings, intimate evenings, or celebrations on a grand scale. Outdoor living is equally exceptional, centered around an expansive marble terrace surrounding the 25’ × 60’ heated saltwater pool with integrated sun shelf and spa. A brand new deep-water dock with a 20,000 lb. boat lift and seawall replaced in 2017 further enhance the property’s boating capabilities and long-term value. Additional highlights include hurricane-rated garage doors, elevator access to all three levels, a drive-through three-car garage, and extensive storage throughout. Perfectly positioned just a short stroll to Southside Village’s restaurants and boutiques, minutes from downtown Sarasota’s celebrated arts and cultural district, and only four blocks from Sarasota Memorial Hospital. Gatsby Manor offers a truly rare opportunity to enjoy estate-scale open-bay living with deep water, privacy, and exceptional walkability in one of Sarasota’s most prestigious waterfront neighborhoods.
Listing Information
Property Type: Residential, Single Family Residence
Status: Active
Bedrooms: 4
Bathrooms: 4
Lot Size: 0.73 Acres
Square Feet: 4,852 sq ft
Year Built: 1992
Garage: Yes
Stories: 3 Story
Construction: Block,Stucco,Wood Frame
Construction Display: New Construction
Subdivision: Harbor Acres
Foundation: Slab
County: Sarasota
Construction Status: New Construction
School Information
Elementary: Southside Elementary
Middle: Sarasota Middle
High: Sarasota High
Room Information
Main Floor
Bonus Room: 16x13
Upper Floor
Bedroom 4: 12x18
Bedroom 3: 14x12
Bedroom 2: 13x13
Dinette: 9x12
Primary Bedroom: 20x19
Primary Bathroom:
Living Room: 23x26
Kitchen: 16x18
Family Room: 17x25
Dining Room: 14x16
Office: 13x16
Bathrooms
Full Baths: 3
1/2 Baths: 1
Additonal Room Information
Laundry: Inside, Washer Hookup, Laundry Room
Interior Features
Appliances: Bar Fridge, Built-In Oven, Freezer, Dishwasher, Disposal, Dryer, Range Hood, Washer, Range, Refrigerator, Wine Refrigerator
Flooring: Carpet,Marble,Wood
Doors/Windows: Blinds, Rods
Fireplaces: Family Room, Living Room, Wood Burning, Primary Bedroom
Additional Interior Features: Ceiling Fan(s), Central Vacuum, Elevator, Vaulted Ceiling(s), Split Bedrooms, Walk-In Closet(s), Tray Ceiling(s), Cathedral Ceiling(s), Kitchen/Family Room Combo, Open Floorplan, Crown Molding, Built-in Features, Separate/Formal Dining Room, Separate/Formal Living Room, Stone Counters, Wood Cabinets
Utilities
Water: Public
Sewer: Public Sewer
Other Utilities: Cable Available,Electricity Available,Natural Gas Available,High Speed Internet Available,Municipal Utilities,Sewer Available,Water Available
Cooling: Zoned, Central Air, Ceiling Fan(s)
Heating: Gas, Electric, Central, Zoned, Natural Gas
Exterior / Lot Features
Attached Garage: Attached Garage
Garage Spaces: 3
Parking Description: Garage Faces Rear, Garage Faces Side, Circular Driveway, Open, driveway, Garage, Garage Door Opener, Oversized
Roof: Tile, Concrete
Pool: Salt Water, In Ground, Heated
Lot View: Bay,Intercoastal,Water
Lot Dimensions: 309x101x345x100
Fencing: fenced
Additional Exterior/Lot Features: French Patio Doors, Courtyard, Balcony, Lighting, Storage, Patio, Porch, Balcony, Covered, Deck, Rear Porch, Landscaped, Cleared, City Lot, Dead End, Oversized Lot, Flood Zone
Out Buildings: Storage
Waterfront Details
Water Front Features: Bay Access, Bayfront
Community Features
Security Features: Security Lights, Secured Garage/Parking, Security Gate, Security System Owned, Smoke Detector(s)
Driving Directions
US 41 to Hillview Dr. to 1240, 1240 is on the Left.
Financial Considerations
Terms: Cash
Tax/Property ID: 2037130006
Tax Amount: 80000
Tax Year: 2025
A broker reciprocity listing courtesy: COLDWELL BANKER REALTY
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Interest rate and annual percentage rate (APR) are based on current market conditions, are for informational purposes only, are subject to change without notice and may be subject to pricing add-ons related to property type, loan amount, loan-to-value, credit score and other variables. Estimated closing costs used in the APR calculation are assumed to be paid by the borrower at closing. If the closing costs are financed, the loan, APR and payment amounts will be higher. If the down payment is less than 20%, mortgage insurance may be required and could increase the monthly payment and APR. Contact us for details. Additional loan programs may be available. Accuracy is not guaranteed, and all products may not be available in all borrower's geographical areas and are based on their individual situation. This is not a credit decision or a commitment to lend.
Sales History & Tax Summary for 1240 Hillview Drive
Sales History
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Tax Summary
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Schools
Schools nearby 1240 Hillview Drive
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The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.
SchoolDigger ® Rating
The SchoolDigger rating system is a 1-5 scale with 5 as the highest rating. SchoolDigger ranks schools based on test scores supplied by each state's Department of Education. They calculate an average standard score by normalizing and averaging each school's test scores across all tests and grades.
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