$3,980,000 ($860.35 per sqft)

Est. Mortgage $19,346/mo *

Quick Pre-Approval

Price History

$1,680,000
1/6/2026

$3,980,000
1/19/2026


1621 MEMORY LANE, Sarasota, FL, 34231

1621 MEMORY LANE, Sarasota, FL, 34231

10 rooms

5 beds

6 Full / 2 Half baths

2027

Custom

4,626 sqft

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.


Status:

Active

Type:

Single-family residential

Furnished Remarks:

Unfurnished

Laundry Remarks:

Laundry Room

Subdivision:

NOT PART OF A SUBDIVISION

Garage:

2-car

Heating:

Electric, Other

Cooling:

Central Air

Energy Features:

Thermostat, Windows

Levels:

2

Acreage:

0.47

Est. Taxes:

$16,466

Construction

Concrete, Stucco

Utilities

Cable Available, Electricity Available

Lot Description:

Oversized Lot, Street Dead-End

View Description:

Water

Waterfront:

Yes

Elementary School:

Gulf Gate Elementary

Middle School:

Brookside Middle

High School:

Riverview High

Days on Market:

100

Appliances:

Convection Oven, Dishwasher, Microwave, Refrigerator

Pool:

Heated, In Ground

Min Lease Term:

1 Month

MLS #:

A4677041


Community Info

School Info

Walk Score

Yelp


Listing courtesy of MICHAEL SAUNDERS & COMPANY 941-951-6660