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Duane Henderson
Commercial & Residential Real Estate
(941) 724-4703
$8,950,000

1249 S Basin Lane Sarasota, FL 34242 Residential - Single Family Active

  • 1249 S Basin Lane, Sarasota, FL 34242 Main Photo

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Description

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. Additionally, the property can be split into 3 separate waterfront parcels with the smallest water frontage being 99 ft. 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.

Property Highlights

Property Type: Residential - Single Family
Cooling: Central Air
Garage: 4
Heating: Central
Home Style: Custom, Florida
Lot Size: 1.57 Acres
Roof Type: Metal
Stories: 3.0
Taxes: $40,641
Year Built: 1951

General Information

Bedrooms: 6
Bathrooms: 6 Full 2 Half
Sqft: 8,737
County: Sarasota
High School: Riverview High
Subdivision: SIESTA PROPERTIES INC
Listed By:
Kim Ogilvie MICHAEL SAUNDERS & COMPANY 941-951-6660

Amenities

Ceiling Fans(s)
Crown Molding
Elevator
Other
Lighting
Sliding Doors

Property Features

Appliances: Built-In Oven, Dishwasher, Disposal, Dryer, Freezer, Microwave, Range, Range Hood, Refrigerator, Washer, Wine Refrigerator
Body of Water: LITTLE SARASOTA BAY
Community Features: Street Lights
Days on Site: 1
Directions: From Stickney Point Road, turn left onto Midnight Pass Road, turn left onto S. Basin Lane. Home is at the very end of the street.
Exterior: Frame, Wood Siding
Fireplace: Other
Fireplace Y/N: Yes
Flood Zone Code: AE
Flooring: Brick, Carpet, Other, Tile, Wood
Foundation: Slab
Frontage Bay Harbor: 184
Home Warranty Y/N: No
Listing Terms: Cash, Conventional
Lot: FloodZone, Landscaped, Near Public Transit, Street Dead-End, Private
Lot Dimensions: 1.57
Number of Pets: 10+
Ownership: Fee Simple
Parking: Driveway, Garage Door Opener, Ground Level
Parking Notes: Driveway, Garage Door Opener, Ground Level
Patio/Porch: Patio
Pets Allowed: Yes
Pets Size: Extra Large (101+ Lbs.)
Pool: Heated, Salt Water
Property Attached Y/N: No
Property Sub-Type: Single Family Residence
Sewer: Public Sewer
Showing Instructions: Appointment Only, Key/Agent, Listing Agent Must Accompany, ShowingTime
Spa: Heated
Special Sale Provisions: None
Special View Info: Water
Swimming Pool: Yes
Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
Vegetation: Mature Landscaping, Trees/Landscaped
Water: Public
Water Access: Bay/Harbor
Water Access Y/N: Yes
Waterfront Features: Bay/Harbor
Water View: Bay/Harbor - Full
Zoning: RE2
$8,950,000
6beds
6.5baths
8,737sqft
4cars
New to the Market Active
BEDS6 BATHS6 full 2 partial SQUARE FEET8,737 MLS#A4690355
STATUSActive PROPERTY TYPEResidential - Single Family SUBDIVISIONSIESTA PROPERTIES INC

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1249 S Basin Lane, Sarasota, FL 34242.

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Estimated Payment

$ 36,184.02 per month $30,186.85 Principal & Interest $3,386.75 Property Tax $2,610.42 Homeowner's Insurance

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About this area

Florida/Sarasota
Sarasota

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About Sarasota

Sarasota, FL is a cultural gem. Once home to the Ringling Brothers Circus, Sarasota boasts a rich arts scene that brings people from all over the area to enjoy world-class theater, music, and other performing arts. Sarasota is also a haven with spectacular scenery, turquoise water and white sandy beaches. It offers a delightful downtown with a variety of small boutiques and exceptional restaurants. With its dynamic culture and arts scene and incredible natural beauty, Sarasota is a wonderful place to call “home.” 

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 05/13/2026. The listing information on this page last changed on 05/13/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Wed 05/13/2026 12:32:51 PM EST) or Stellar MLS (last updated Wed 05/13/2026 12:21:02 PM EST). Real estate listings held by brokerage firms other than Wagner Realty may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

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