IDX

Listed by Linda Driggs · Courtesy of MICHAEL SAUNDERS & COMPANY · Agent MLS ID# MFR281501400 · Deemed reliable but not guaranteed. · Listing updated: Oct 20, 2026 · 2:18 PM

1023 TOCOBAGA LN

Sarasota, Sarasota, FL, 34236

Active

$2,995,000

$832/sqft

3Beds
4Baths
3,599Sq Ft
1994Built
1Days on Market

About this home

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 en-suite 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 spaces for vehicles, golf carts, kayaks, and recreational equipment, while the air-conditioned bonus room 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 en-suite 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. Armanda 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.

Facts & Features

MFRA4709668
$2,995,000
Active
3
4
3
1
3,599 sqft
0.3500
1994
Residential
Single Family Residence
Mediterranean

Community Information

1023 TOCOBAGA LN
Tocobaga Bay
Sarasota
Sarasota
FL
34236
No

Amenities

Gated
N/A
No
No
Yes

Interior

Ceiling Fans(s), High Ceilings, Split Bedroom, Walk-In Closet(s), Solid Wood Cabinets, Stone Counters, Thermostat, Crown Molding, Elevator, Window Treatments, Smart Home, Built-in Features, Dry Bar
Central, Electric
Central Air, Zoned, Mini-Split Unit(s)
Tile, Carpet, Travertine
N/A
3
Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer, Electric Water Heater, Range, Convection Oven, Range Hood, Exhaust Fan, Water Filtration System

Exterior

Storage, Awning(s), Lighting, Balcony, Outdoor Grill, Courtyard
Block, Stucco
Stilt/On Piling
Tile
Fenced
City Limits, Landscaped, Paved, Level, Private, Street Dead-End, Rectangle

School Information

Gocio Elementary
Booker Middle
Booker High

Additional Information

October 19, 2026
1
RSF1
Southwest
No

Mortgage Calculator

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This calculator provides estimates for informational purposes only and is not a loan offer, pre-approval, or commitment to lend. Actual rates, payments, and loan terms vary by lender and are subject to credit approval, income/asset verification, and market conditions. Property tax and homeowners insurance shown are estimates and may differ. PMI applies when the down payment is under 20%. For an official Loan Estimate, contact a licensed mortgage lender. MICHAEL SAUNDERS & COMPANY is a licensed real estate brokerage, not a mortgage lender. Equal Housing Opportunity.

1 day on market

Listing updated: Oct 20, 2026 · 2:18 PM

Listed by: Linda Driggs · 941-374-2920—MICHAEL SAUNDERS & COMPANY · 941-951-6660

Updated from Real Estate Market Data

Location

Ahmed ElbatrawyAhmed ElbatrawyEmpire Network Realty

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