New Listing - 05/12/2026

$8,950,000 ($1,024.38 per sqft)

Est. Mortgage $44,669/mo *

Quick Pre-Approval

1249 S BASIN LANE, Siesta Key, FL, 34242

1249 S BASIN LANE, Siesta Key, FL, 34242

4 rooms

6 beds

6 Full / 2 Half baths

1951

Custom, Florida

8,737 sqft

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.


Status:

Active

Type:

Single-family residential

Furnished Remarks:

Unfurnished

Laundry Remarks:

Inside, Laundry Room

Subdivision:

SIESTA PROPERTIES INC

Garage:

8-car Driveway, Garage Door Opener, Ground Level

Heating:

Central

Cooling:

Central Air

Levels:

3

Acreage:

1.57

Est. Taxes:

$40,641

Construction

Wood Frame, Wood Siding

Utilities

Cable Connected, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Street Lights, Water Connected

Lot Description:

FloodZone, Landscaped, Near Public Transit, Street Dead-End

View Description:

Water

Waterfront:

Yes

Middle School:

Riverview Middle

High School:

Riverview High

Days on Market:

2

Elevator:

Y

Pet Policy:

Yes

Appliances:

Built-In Oven, Dishwasher, Disposal, Dryer, Freezer, Microwave, Range, Range Hood, Refrigerator, Washer, Wine Refrigerator

Pool:

Heated, Salt Water

Min Lease Term:

1 Month

MLS #:

A4690355


Community Info

School Info

Walk Score

Yelp



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