IDX

Listed by Kim Ogilvie · Courtesy of MICHAEL SAUNDERS & COMPANY · Agent MLS ID# MFR281500596 · Deemed reliable but not guaranteed. · Listing updated: Aug 6, 2026 · 8:49 PM

1249 S BASIN LN

Sarasota, Sarasota, FL, 34242

Active

$8,950,000

$841/sqft

6Beds
8Baths
10,642Sq Ft
1951Built
86Days on Market

About this home

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. 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.

Facts & Features

MFRA4690355
$8,950,000
Active
6
8
6
2
10,642 sqft
1.5700
1951
Residential
Single Family Residence
Custom

Community Information

1249 S BASIN LN
Siesta Properties Inc
Sarasota
Sarasota
FL
34242
No

Amenities

N/A
N/A
No
Yes
Yes

Interior

Ceiling Fans(s), Vaulted Ceiling(s), Walk-In Closet(s), Eat-in Kitchen, Stone Counters, Crown Molding, Elevator, Window Treatments, PrimaryBedroom Upstairs
Central, Electric, Zoned
Central Air, Zoned
Wood, Other, Brick
Living Room, Primary Bedroom
3
Built-In Oven, Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer, Freezer, Range, Range Hood, Wine Refrigerator

Exterior

Lighting, Balcony, Courtyard, French Doors, Private Yard
Wood Siding, Frame
Slab
Metal
Other
In County, Landscaped, Oversized Lot, Near Public Transit, Private, FloodZone, Street Dead-End

School Information

Phillippi Shores Elementary
Brookside Middle
Sarasota High

Additional Information

May 12, 2026
86
RE2
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.

86 days on market

Listing updated: Aug 6, 2026 · 8:49 PM

Listed by: Kim Ogilvie · 941-951-6660—MICHAEL SAUNDERS & COMPANY · 941-951-6660

Updated from Real Estate Market Data

Location

Ahmed ElbatrawyAhmed ElbatrawyEmpire Network Realty

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