$8,950,000
1249 S Basin Lane Sarasota, FL 34242 - LITTLE SARASOTA BAY
For Sale MLS# A4690355
6 beds 8 baths 10,642 sq ft Single Family
Details for 1249 S Basin Lane
MLS# A4690355
Description for 1249 S Basin Lane, Sarasota, FL, 34242 - LITTLE SARASOTA BAY
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.
Listing Information
Property Type: Residential, Single Family Residence
Status: Active
Bedrooms: 6
Bathrooms: 8
Lot Size: 1.57 Acres
Square Feet: 10,642 sq ft
Year Built: 1951
Garage: Yes
Stories: 3 Story
Construction: Wood Siding,Wood Frame
Construction Display: New Construction
Subdivision: Siesta Properties Inc
Foundation: Slab
County: Sarasota
Construction Status: New Construction
School Information
Elementary: Phillippi Shores Elementary
Middle: Brookside Middle
High: Sarasota High
Room Information
Main Floor
Dining Room:
Kitchen:
Living Room:
Upper Floor
Primary Bedroom:
Bathrooms
Full Baths: 6
1/2 Baths: 2
Additonal Room Information
Laundry: Inside, Laundry Closet, Laundry Room
Interior Features
Appliances: Wine Refrigerator, Built-In Oven, Freezer, Dishwasher, Disposal, Dryer, Range, Refrigerator, Microwave, Washer, Range Hood
Flooring: Brick,Other,Wood
Doors/Windows: Window Treatments
Fireplaces: Primary Bedroom, Living Room
Additional Interior Features: Ceiling Fan(s), Elevator, Eat-In Kitchen, Vaulted Ceiling(s), Loft, Walk-In Closet(s), Window Treatments, Crown Molding, Stone Counters, Upper Level Primary
Utilities
Water: Public
Sewer: Public Sewer
Other Utilities: Cable Available,Electricity Connected,Natural Gas Connected,Municipal Utilities,Phone Available,Sewer Connected,Water Connected
Cooling: Zoned, Central Air, Ceiling Fan(s)
Heating: Central, Electric, Zoned
Exterior / Lot Features
Garage Spaces: 8
Parking Description: Circular Driveway, Oversized, driveway, Garage, Garage Door Opener
Roof: Metal
Pool: Gunite, Salt Water, In Ground, Heated
Lot View: Bay,Intercoastal,Water
Fencing: Other
Additional Exterior/Lot Features: Courtyard, Private Yard, Sprinkler/Irrigation, French Patio Doors, Lighting, Balcony, Balcony, Covered, Patio, Front Porch, Rear Porch, Landscaped, Near Public Transit, Private Road, Dead End, Oversized Lot, Flood Zone, Private, Outside City Limits
Out Buildings: Guest House, Garage Apartment
Waterfront Details
Standard Water Body: LITTLE SARASOTA BAY
Water Front Features: Gulf Access, Bay Access, Bayfront, Intracoastal Access
Community Features
Security Features: Smoke Detector(s)
Homeowners Association: Yes
HOA Dues: $11,200 / Annually
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.
Financial Considerations
Terms: Cash,Conventional
Tax/Property ID: 0110050009
Tax Amount: 40641.09
Tax Year: 2025
A broker reciprocity listing courtesy: MICHAEL SAUNDERS & COMPANY
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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 1249 S Basin Lane
Sales History
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Tax Summary
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Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.
Schools
Schools nearby 1249 S Basin Lane
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Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.
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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