IDX

Listed by Ryan Ackerman, PA · Courtesy of COLDWELL BANKER REALTY · Agent MLS ID# MFR288521804 · Deemed reliable but not guaranteed. · Listing updated: Oct 24, 2026 · 10:48 AM

1240 HILLVIEW DR

Sarasota, Sarasota, FL, 34239

Active

$14,950,000

$3081/sqft

4Beds
4Baths
4,852Sq Ft
1992Built
1Days on Market

About this home

Introducing “Gatsby Manor,” set along Hillview Drive, one of Sarasota’s most coveted bayfront addresses, often compared to Port Royal for its exclusivity and waterfront lifestyle, this rare Harbor Acres estate property spans nearly three-quarters of an acre on deep, boatable water with sweeping, unobstructed Sarasota Bay views stretching south toward Siesta Key and the Gulf of Mexico, representing one of the neighborhood’s most distinguished open-bay offerings where only a select few residences achieve true estate scale. Encompassing more than 8,000 square feet of air-conditioned space with four bedrooms and three-and-a-half baths. The residence is complemented by a grand motor court accommodating 15+ vehicles beneath a canopy of majestic grand oaks. Privately approached through wrought-iron gates and a sweeping circular drive anchored by a multi-tiered fountain, the home opens to a dramatic two-story foyer framing the water beyond. Interiors are defined by soaring ceilings up to 22 ft. in height, exceptional millwork, multiple fireplaces, a striking two-story wood paneled library, formal dining with 12-foot ceilings, and a wet bar—perfectly blending elegant entertaining with comfortable daily living. The chef’s kitchen is designed to support both everyday living and large-scale gatherings, featuring double 36-inch Sub-Zero refrigerators with dual freezer drawers, two dishwashers, and a 60-inch Wolf gas range with six burners and infrared dual griddle. The owner’s suite occupies the entire east wing of the main living level, creating a private waterfront retreat complete with a gas fireplace, sitting area overlooking the pool and bay, dual walk-in closets, and a spa-inspired bath highlighted by a sculptural copper soaking tub, dual vanities, and a dedicated luxury makeup area. Upstairs, a second primary-style suite and two additional guest bedrooms are accessed via the grand staircase or three-stop elevator, offering privacy and flexibility for family and guests. The 3,800+ square-foot ground-level bonus area serves as the home’s ultimate entertaining environment, featuring a remarkable speakeasy lounge and an impressive 700+ bottle wine room. This expansive space functions as a true extension of the residence’s living experience—ideal for hosting gatherings, intimate evenings, or celebrations on a grand scale. Outdoor living is equally exceptional, centered around an expansive marble terrace surrounding the 25’ × 60’ heated saltwater pool with integrated sun shelf and spa. A brand-new deep-water dock with a 20,000 lb. boat lift and seawall replaced in 2017 further enhance the property’s boating capabilities and long-term value. Additional highlights include hurricane-rated garage doors, elevator access to all three levels, a drive-through three-car garage, and extensive storage throughout. Perfectly positioned just a short stroll to Southside Village’s restaurants and boutiques, minutes from downtown Sarasota’s celebrated arts and cultural district, and only four blocks from Sarasota Memorial Hospital. Gatsby Manor offers a truly rare opportunity to enjoy estate-scale open-bay living with deep water, privacy, and exceptional walkability in one of Sarasota’s most prestigious waterfront neighborhoods.

Facts & Features

MFRA4710661
$14,950,000
Active
4
4
3
1
4,852 sqft
0.7300
1992
Residential
Single Family Residence
Custom

Community Information

1240 HILLVIEW DR
Harbor Acres
Sarasota
Sarasota
FL
34239
No

Amenities

N/A
N/A
No
Yes
Yes

Interior

Ceiling Fans(s), Open Floorplan, Split Bedroom, Vaulted Ceiling(s), Walk-In Closet(s), Solid Wood Cabinets, Cathedral Ceiling(s), Kitchen/Family Room Combo, Stone Counters, Crown Molding, Elevator, Central Vaccum, Tray Ceiling(s)
Central, Electric, Gas, Natural Gas, Zoned
Central Air, Zoned
Carpet, Wood, Marble
Living Room, Wood Burning, Family Room, Primary Bedroom
3
Built-In Oven, Dishwasher, Disposal, Dryer, Refrigerator, Washer, Freezer, Range, Range Hood, Bar Fridge, Wine Refrigerator

Exterior

Storage, Lighting, Balcony, Courtyard
Block, Stucco, Frame
Slab
Concrete, Tile
Fenced
City Limits, Paved, Oversized Lot, Cleared, FloodZone, Street Dead-End

School Information

Southside Elementary
Sarasota Middle
Sarasota High

Additional Information

October 23, 2026
1
RSFE
North
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. COLDWELL BANKER REALTY is a licensed real estate brokerage, not a mortgage lender. Equal Housing Opportunity.

1 day on market

Listing updated: Oct 24, 2026 · 10:48 AM

Listed by: Ryan Ackerman, PA · 305-205-7700—COLDWELL BANKER REALTY · 941-383-6411

Updated from Real Estate Market Data

Location

Ahmed ElbatrawyAhmed ElbatrawyEmpire Network Realty

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