Property
ActiveResidential
1/60
$3,395,000

1023 TOCOBAGA LANE

Sarasota, FL 34236
3
Beds
4
Baths
3,599
SqFt
0.35
Acres
STELLAR
#A4694000
Updated: Jun 9, 2026, 3:53pm

Property Description

Sophisticated gated living just moments from the heart of downtown Sarasota. Evoking the timeless elegance of Palm Beach with the warmth of Old Florida charm, this exceptional Spanish Mediterranean residence is tucked within the exclusive gated waterfront enclave of Tocobaga Bay. One of only 9 private residences in the community, ideally positioned just moments from Sarasota’s renowned dining, arts, shopping, and waterfront attractions. Surrounded by lush tropical landscaping and tranquil water views, the home is thoughtfully designed for both sophisticated entertaining and relaxed everyday living. Expansive interiors are filled with natural light, highlighted by a grand foyer, travertine flooring, oversized floor-to-ceiling picture windows, motorized shades, and custom window treatments throughout. The residence features 3 bedrooms, each with its own ensuite bath, along with a media room or private office and a private 3-stop elevator. The oversized 4-car garage offers exceptional storage and ample space for vehicles, golf carts, kayaks, and recreational equipment, while the air-conditioned bonus room provides flexibility for a fitness studio, game room, private office, or additional storage. The newly renovated chef’s kitchen is beautifully appointed with premium finishes including a La Cornue gas cooktop, Sub-Zero refrigerator, custom Campbell Cabinetry, spacious walk-in pantry, oversized center island and Taj Mahal quartz countertops and backsplash. The oversized living room offers an inviting atmosphere for gathering, while the separate formal dining room is perfectly suited for elegant dinners and entertaining. The primary suite serves as a peaceful sanctuary complete with its own Juliette balcony, dual custom walk-in closets, and a spacious ensuite bath. Two additional guest suites occupy the third floor, each with private baths, offering ideal comfort and separation for family and guest. Designed to embrace Sarasota’s indoor-outdoor lifestyle, the open-air heated saltwater pool is surrounded by lush tropical landscaping and expansive patio space for lounging and dining. Additional improvements: new tile roof (2023), new irrigation system (2024), updated water heaters (2023 & 2024), electrical panels (2024), and updated A/C units. Residents enjoy access to the community day dock with direct bay access, perfect for boating and waterfront enjoyment. Perfectly located near Sarasota’s renowned beaches, St. Armands Circle, The Bay Park, and the iconic Ringling Bridge, this remarkable residence offers an exceptional lifestyle just minutes from the energy and culture of downtown Sarasota. Offered fully furnished and ready for immediate enjoyment.
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Included Appliances
Convection OvenDishwasherDisposalDryerElectric Water HeaterExhaust FanMicrowaveRangeRange HoodRefrigeratorWasherWater Filtration System

Property Details

Highlights
View
Yes
Interior
Additional Rooms
Bonus RoomFormal Dining Room SeparateFormal Living Room SeparateMedia RoomStorage Rooms
Appliances
Convection OvenDishwasherDisposalDryerElectric Water HeaterExhaust FanMicrowaveRangeRange HoodRefrigeratorWasherWater Filtration System
Bathrooms Total Decimal
3.5
Building Area Total
5676
Cooling
Central AirMini-Split Unit(s)Zoned
Flooring
CarpetTileTravertine
Furnished
Furnished
Heating
CentralElectric
Interior Features
Built-in FeaturesCeiling Fan(s)Crown MoldingDry BarElevatorHigh CeilingsSmart HomeSolid Wood CabinetsSplit BedroomStone CountersThermostatWalk-In Closet(s)Window Treatments
Laundry Features
Electric Dryer HookupInsideLaundry RoomWasher Hookup
Living Area
3599
Rooms Total
11
Security Features
Gated CommunitySecurity GateSecurity System OwnedSmoke Detector(s)
Window Features
DrapesRodsShadesShuttersWindow Treatments
Construction
Architectural Style
Mediterranean
Building Area Source
Public Records
Building Area Units
Square Feet
Construction Materials
BlockStucco
Direction Faces
Southwest
Foundation Details
Stilt/On Piling
Levels
Three Or More
Living Area Source
Public Records
Living Area Units
Square Feet
Num Timesper Year
Yes
Property Condition
Completed
Roof
Tile
Stories Total
3
Year Built
1994
Site & Exterior
Covered Spaces
4
Exterior Features
Awning(s)BalconyCourtyardFrench DoorsIrrigation SystemLightingOutdoor GrillSliding DoorsStorage
Fencing
Fenced
Flood Zone Code
AE
Garage Spaces
4
I D X Participation
Yes
Lot Features
City LotLandscapedLevelStreet Dead-End
Lot Size Acres
0.35
Lot Size Area
15433
Lot Size Square Feet
15433
Lot Size Units
Square Feet
Open Parking
Yes
Parking Features
DrivewayGarage Door OpenerGarage Faces SideOversizedTandem
Patio And Porch Features
Patio
Pool Features
GuniteHeatedIn GroundPool SweepSalt WaterTile
Public Survey Range
17E
Public Survey Section
13
Road Frontage Type
Street Dead-EndStreet PavedPrivate Road
Road Responsibility
Private Maintained Road
Road Surface Type
Paved
Sewer
Public Sewer
Total Acreage
1/4 to less than 1/2
Utilities
BB/HS Internet AvailableCable AvailableElectricity ConnectedFiber OpticsPublicSewer ConnectedWater Connected
Vegetation
Mature LandscapingTrees/Landscaped
View
Water
Water Access
Yes
Water Source
Public
Water View
Yes
Waterfront Features
Bay/Harbor Front
Zoning
RSF1
Financials
Association Fee
2000
Association Fee Frequency
Annually
Calculated List Price By Calculated Sq Ft
943.32
Contract Status Change Date
2026-05-29
Current Price
3395000
Feed Types
BBO
Lease Considered
Yes
Minimum Lease
3 Months
Monthly H O A Amount
166.67
Owner Name
ON RECORD
Ownership
Fee Simple
Parcel Number
2007020005
Public Survey Township
36S
Tax Annual Amount
27942.47
Tax Book Number
34-50
Tax Legal Description
LOT 4 TOCOBAGA BAY
Tax Lot
4
Tax Year
2025
Total Annual Fees
2000
Total Monthly Fees
166.67

Neighborhood & Lifestyle

Community & Association
Additional Lease Restrictions
3 months minimum and no more than once per year.
Association Amenities
Gated
Association Email
tjarenberg@1120west.com
Association Fee Requirement
Required
Association Name
Tocobaga Homeowner Assoc - TJ ArenbergPresident
Community Features
Bay/Harbor FrontDockWater AccessDeed RestrictionsGated Community - No Guard
Lease Restrictions
Yes
M L S Area Major
34236 - Sarasota
Pets Allowed
Yes
S W Subdiv Community Name
Tocobaga Bay
Subdivision Name
TOCOBAGA BAY
Schools
Ratings
Elementary
Gocio Elementary
Middle
Booker Middle
High
Booker High
Listing provided courtesy of STELLAR via IDX. Updated: Jun 9, 2026, 3:53pm.
Linda Driggs

Listing Agent

MICHAEL SAUNDERS & COMPANY

Call Agent