Property
ActiveResidential
1/45
$8,950,000

1249 S BASIN LANE

Sarasota, FL 34242
6
Beds
8
Baths
10,642
SqFt
1.57
Acres
STELLAR
#A4690355
Updated: Jun 1, 2026, 11:53am

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.
Included Appliances
Built-In OvenDishwasherDisposalDryerFreezerMicrowaveRangeRange HoodRefrigeratorWasherWine Refrigerator

Property Details

Highlights
View
Yes
Waterfront
Yes
Interior
Additional Rooms
Garage ApartmentLoftStorage Rooms
Appliances
Built-In OvenDishwasherDisposalDryerFreezerMicrowaveRangeRange HoodRefrigeratorWasherWine Refrigerator
Bathrooms Total Decimal
7
Building Area Total
14686
Cooling
Central AirZoned
Fireplace Features
Living RoomMaster Bedroom
Flooring
Brick/StoneOtherHardwood
Furnished
Unfurnished
Heating
CentralElectricZoned
Interior Features
Ceiling Fan(s)Crown MoldingEating Space In KitchenElevatorPrimaryBedroom UpstairsStone CountersVaulted Ceiling(s)Walk-In Closet(s)Window Treatments
Laundry Features
InsideLaundry ClosetLaundry Room
Living Area
10642
Other Equipment
Generator
Rooms Total
4
Security Features
Smoke Detector(s)
Construction
Architectural Style
Custom
Building Area Source
Public Records
Building Area Units
Square Feet
Construction Materials
Wood FrameWood Siding
Direction Faces
Southwest
Foundation Details
Slab
Levels
Three Or More
Living Area Source
Public Records
Living Area Units
Square Feet
Property Condition
Completed
Roof
Metal
Stories Total
3
Year Built
1951
Site & Exterior
Additional Water Information
Corner lot wrapping bay and canal frontage
Covered Spaces
8
Exterior Features
BalconyCourtyardFrench DoorsIrrigation SystemLightingPrivate Yard
Fencing
Other
Flood Zone Code
AE
Garage Spaces
8
I D X Participation
Yes
Lot Features
FloodZoneIn CountyLandscapedNear Public TransitOversized LotPrivateStreet Dead-End
Lot Size Acres
1.57
Lot Size Area
1.565
Lot Size Square Feet
68170
Lot Size Units
Acres
Open Parking
Yes
Other Structures
Guest House
Parking Features
Circular DrivewayDrivewayGarage Door OpenerGround LevelOversizedSplit Garage
Patio And Porch Features
CoveredFront PorchPatioRear Porch
Pool Features
GuniteHeatedIn GroundSalt Water
Public Survey Range
18E
Public Survey Section
20
Road Frontage Type
Street Dead-EndPrivate Road
Road Responsibility
Private Maintained Road
Road Surface Type
Paved
Sewer
Public Sewer
Spa Features
HeatedIn Ground
Total Acreage
1 to less than 2
Utilities
Cable AvailableElectricity ConnectedNatural Gas ConnectedPhone AvailablePublicSewer ConnectedWater Connected
Vegetation
Mature LandscapingOak TreesTrees/Landscaped
View
Water
Water Access
Yes
Water Body Name
LITTLE SARASOTA BAY
Water Extras
Yes
Water Source
Public
Water View
Yes
Waterfront
Yes
Waterfront Features
Bay/HarborIntracoastal Waterway
Waterfront Feet Total
534
Zoning
RE2
Financials
Association Fee
11200
Association Fee Frequency
Annually
Calculated List Price By Calculated Sq Ft
841.01
Contract Status Change Date
2026-05-12
Current Price
8950000
Feed Types
BBO
Lease Considered
Yes
Minimum Lease
1 Month
Monthly H O A Amount
933.33
Owner Name
ON RECORD
Ownership
Fee Simple
Parcel Number
0110050009
Public Survey Township
37S
Tax Annual Amount
40641.09
Tax Book Number
411-480
Tax 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
Tax Lot
8
Tax Year
2025
Total Annual Fees
11200
Total Monthly Fees
933.33

Neighborhood & Lifestyle

Community & Association
Additional Lease Restrictions
Please refer to city/county lease restrictions
Association Fee Requirement
Required
Association Name
Sanderling Club
Lease Restrictions
Yes
M L S Area Major
34242 - Sarasota/Crescent Beach/Siesta Key
Number Of Pets
10+
Pet Size
Extra Large (101+ Lbs.)
Pets Allowed
Yes
S W Subdiv Community Name
Siesta Properties Inc
Subdivision Name
SIESTA PROPERTIES INC
Schools
Ratings
Elementary
Phillippi Shores Elementary
Middle
Brookside Middle
High
Sarasota High
Listing provided courtesy of STELLAR via IDX. Updated: Jun 1, 2026, 11:53am.
Kim Ogilvie

Listing Agent

MICHAEL SAUNDERS & COMPANY

Call Agent