Residential Property - Single Family Residence in Sarasota
Listing Price: $11,375,000 (Mortgage Calculator →)
Description of Property
Some properties offer a view. This extraordinary 1.41 acre Oyster Bay estate offers an entire waterfront world of its own and is one of the best waterfront locations that Sarasota has to offer, with more than 430 feet along Sarasota Bay and a setting that feels virtually irreplaceable. Spanish and Mediterranean inspired architecture lends warmth, character, and timeless sophistication to this remarkable six bedroom residence, while its expansive shoreline creates a front row seat to spectacular sunsets, passing boats, and the natural beauty of Sarasota’s coastal landscape. With access to the Intracoastal Waterway and Gulf of Mexico, this is a rare opportunity for the luxury buyer who believes life is best lived on the water. Spanning more than 10,000 total square feet, with nearly all principal living areas on one level, the home was created for both grand entertaining and relaxed waterfront living. Dramatic ceilings, distinctive architectural details, expansive windows, and a spectacular gallery space with an interior fountain establish a sense of occasion, while multiple intimate gathering areas make the estate equally comfortable for everyday life. A commercial grade chef’s kitchen with professional appliances is equipped for effortless entertaining, from elegant dinners to large celebrations. The primary suite is a private sanctuary framed by beautiful bay views, featuring an expansive custom wardrobe and an indulgent bath with soaking tub, oversized shower, and dedicated massage and sauna room. Five additional bedroom suites provide exceptional privacy for family and guests, each with its own bath and generous storage. Beyond the interiors, the estate unfolds like a private resort. A swimming pool, tennis court, fitness room, billiard room, private office, three car garage, abundant storage, and permitted dock replacement create a property designed for recreation, relaxation, and life on the water. A new roof completed in 2024 adds further value and peace of mind. The address is equally exceptional. Oyster Bay Estates places you near The Field Club, Siesta Key, Southside Village, Sarasota Memorial Hospital, and Downtown Sarasota, offering remarkable access to world class beaches, boating, fine dining, shopping, arts, and culture while remaining tucked within a prestigious waterfront enclave. For those with an even greater vision, the magnificent acreage and extraordinary bay frontage also present the opportunity to create a completely new custom waterfront estate. The property may offer potential for division into two buildable homesites if the existing residence is removed, subject to verification and applicable approvals. With its commanding Sarasota Bay frontage, boating access, acreage, privacy, and coveted location, 1136 N Lake Shore Drive is not simply a place to live. It is the opportunity to claim an extraordinary piece of Sarasota’s waterfront lifestyle.











































































Property Details At A Glance
Property Type: Residential
Property Use or Sub Type: Single Family Residence
City: Sarasota
County: Sarasota
Subdivision: Oyster Bay Estates
Bedrooms: 4
Bathrooms: 6
Half Baths: 2
Sq. Ft. Gross: 11,720
Sq. Ft. Living Area: 10,234
Cost per (heated) sqare foot: $1,111
Year built: 1954
Annual Tax: $86,399
Taxes and fees can change periodically, and other fees may apply. Please check with your Suncoasteam agent for more details.
Appliances: Washer
Fireplace: Yes
Fireplace Features: Living Room
Window Features: Window Treatments
Additional Rooms: Formal Dining Room Separate
Flooring: Hardwood
Schools
Elementary School: Phillippi Shores Elementary
Middle/Junior High School: Brookside Middle
High School: Riverview High
Pool & Waterfront Info
Private Pool: Yes
Pool Features: In Ground
Spa Features: In Ground
Water Front: Yes
Water Frontage: Intracoastal Waterway
Water Access: Yes
Water Access Type: Intracoastal Waterway
Water Name: ROBERTS BAY / INTRACOSTAL
Exterior & Construction
Architectural Style: Mediterranean
Construction: Block
Foundation: Slab
Roof: Tile
Exterior Features: Tennis Court(s)
Garage: Yes
Garage Spaces: 3
Parking Features: Guest
Floors Total: 2
Floors in Unit: Two
Cooling: Zoned
Heating & Fuel: Central
Patio & Porch Features: Screened
Other Structures: Tennis Court(s)
View: Water
Fencing: Other
Sewer: Public Sewer
Water Source: Public
Lot Information
Lot Features: Oversized Lot
Lot Size (acres): 1.41
Lot Size (sq. ft.): 61,257 square feet
Road Frontage: Street Paved
Front Exposure: Northeast
Legal Description & Other Information
Financing Available: Conventional
Parcel Number: 0077030010
Zoning: RSF1
Pets Allowed/Pet Policies: Yes
Tax Legal Desc.: LOTS 6 & 7 BLK A OYSTER BAY ESTATES
Section: 6
Range: 18
Listing courtesy of COMPASS FLORIDA LLC. 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.