Land - Real Estate in Sarasota
Listing Price: $9,900,000 (Mortgage Calculator →)
Description of Property
Welcome to the most exclusive waterfront offering in Sarasota—an extraordinary canvas for a visionary estate. Set on nearly 1.5 acres with an unrivaled 400 feet of water frontage overlooking the pristine expanse of Roberts Bay, this North Siesta Key property presents an exceptionally rare opportunity to craft a world-class residence in one of Florida’s most sought-after enclaves. With 64,529 square feet of land (excluding additional submerged land), the site provides city-approved flexibility to be developed as a single grand estate or divided into two premier waterfront homesites. A 12,000 SF concept by MHK Architecture offers just one example of the boundless potential to create a masterpiece with panoramic water views, optimal southern exposure, and every modern luxury imagined. The existing property features an all-weather dock, platform boat lift, rare boat house with lift, and two jet ski lifts, ensuring effortless access to Sarasota’s renowned waterways. Situated on deep sailboat water with no fixed bridges to the Gulf, this is a premier destination for boating enthusiasts. The estate is also walled and gated for ultimate privacy, offering a sanctuary of exclusivity. A 2,600-square-foot modern guest house, alongside a Lucas Lagoon grotto-style pool and tiki hut, can be seamlessly integrated into a new site plan or removed to allow for a completely uninhibited vision. This is not just a property—it is a legacy opportunity to curate an architectural statement in an unrivaled setting. Build without compromise. Live without limits.
Property Details At A Glance
Property Type: Land
City: Sarasota
County: Sarasota
Subdivision: Bay Island
Annual Tax: $98,580
Taxes and fees can change periodically, and other fees may apply. Please check with your Suncoasteam agent for more details.
Schools
Elementary School: Phillippi Shores Elementary
Middle/Junior High School: Brookside Middle
High School: Sarasota High
Water Front: Yes
Water Frontage: Canal - Saltwater
Water Access: Yes
Water Access Type: Intracoastal Waterway
Water Name: ROBERTS BAY
Utilities: Water Available
Sewer: Public Sewer
Water Source: Public
Lot Information
Lot Features: Oversized Lot
Lot Size (acres): 1.48
Lot Size (sq. ft.): 64,529 square feet
Lot Dimensions: 218 x 157 x 166 x 295 x 221
Front Exposure: North
Legal Description & Other Information
Financing Available: Conventional
Parcel Number: 2019150027
Zoning: RSF1
Tax Legal Desc.: COM 5 FT E OF NW COR OF LOT 335, BAY ISLAND & S R/W LINE OF FREELING DR TH SWLY ALONG CURVE TO LEFT 134.87 FT TH ALONG CURVE TO RIGHT 85.13 FT TH S 09-17-00 W 155 FT FOR POB TH N 09-17-00 E 155
Section: 36
Range: 17E
Listing courtesy of KW COASTAL LIVING III. The information relating to real estate for sale on this website comes in part from the My Florida Regional MLS DBA Stellar MLS. This information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.