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For sale
    • Price cut: $145K (7/10)
    $3,250,000

    1023 TOCOBAGA LANE, SARASOTA, FL 34236

    3beds
    3,599sqft
    : 
    $21,310/mo
    Get pre-qualified
    Single Family Residence
    Built in 1994
    0.35 Acres Lot
    $-- Zestimate®
    $903/sqft
    $167/mo HOA

    What's special

    Oversized center islandOversized floor-to-ceiling picture windowsTranquil water viewsCustom campbell cabinetryTravertine flooringSpacious walk-in pantryGrand foyer
    Sophisticated gated living just moments from the heart of downtown Sarasota. Evoking the timeless elegance of Palm Beach with the warmth of Old Florida charm, this exceptional Spanish Mediterranean residence is tucked within the exclusive gated waterfront enclave of Tocobaga Bay. One of only 9 private residences in the community, ideally positioned just moments from Sarasota’s renowned dining, arts, shopping, and waterfront attractions. Surrounded by lush tropical landscaping and tranquil water views, the home is thoughtfully designed for both sophisticated entertaining and relaxed everyday living. Expansive interiors are filled with natural light, highlighted by a grand foyer, travertine flooring, oversized floor-to-ceiling picture windows, motorized shades, and custom window treatments throughout. The residence features 3 bedrooms, each with its own ensuite bath, along with a media room or private office and a private 3-stop elevator. The oversized 4-car garage offers exceptional storage and ample space for vehicles, golf carts, kayaks, and recreational equipment, while the air-conditioned bonus room provides flexibility for a fitness studio, game room, private office, or additional storage. The newly renovated chef’s kitchen is beautifully appointed with premium finishes including a La Cornue gas cooktop, Sub-Zero refrigerator, custom Campbell Cabinetry, spacious walk-in pantry, oversized center island and Taj Mahal quartz countertops and backsplash. The oversized living room offers an inviting atmosphere for gathering, while the separate formal dining room is perfectly suited for elegant dinners and entertaining. The primary suite serves as a peaceful sanctuary complete with its own Juliette balcony, dual custom walk-in closets, and a spacious ensuite bath. Two additional guest suites occupy the third floor, each with private baths, offering ideal comfort and separation for family and guest. Designed to embrace Sarasota’s indoor-outdoor lifestyle, the open-air heated saltwater pool is surrounded by lush tropical landscaping and expansive patio space for lounging and dining. Additional improvements: new tile roof (2023), new irrigation system (2024), updated water heaters (2023 & 2024), electrical panels (2024), and updated A/C units. Residents enjoy access to the community day dock with direct bay access, perfect for boating and waterfront enjoyment. Perfectly located near Sarasota’s renowned beaches, St. Armands Circle, The Bay Park, and the iconic Ringling Bridge, this remarkable residence offers an exceptional lifestyle just minutes from the energy and culture of downtown Sarasota. Offered fully furnished and ready for immediate enjoyment.
    65 days
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    456
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    22
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    Zillow last checked:

    Listing updated:

    Listed by:

    Linda Driggs 941-374-2920,

    MICHAEL SAUNDERS & COMPANY 941-951-6660

    Source: Stellar MLS,MLS#: A4694000MLS LogoOriginating MLS: Sarasota - Manatee

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 4
      • Full bathrooms: 3
      • 1/2 bathrooms: 1
      Rooms
      • Room types: Bonus Room, Dining Room, Living Room, Media Room, Storage Rooms
      Primary bedroom
      • Features: Ceiling Fan(s), En Suite Bathroom, Walk-In Closet(s)
      • Level: Second
      • Area: 252 Square Feet
      • Dimensions: 18x14
      Bedroom 2
      • Features: Ceiling Fan(s), En Suite Bathroom, Built-in Closet
      • Level: Third
      • Area: 180 Square Feet
      • Dimensions: 15x12
      Bedroom 3
      • Features: Ceiling Fan(s), En Suite Bathroom, Built-in Closet
      • Level: Third
      • Area: 182 Square Feet
      • Dimensions: 14x13
      Primary bathroom
      • Features: Dual Sinks, Makeup/Vanity Space, Tub with Separate Shower Stall, Water Closet/Priv Toilet
      • Level: Second
      • Area: 165 Square Feet
      • Dimensions: 15x11
      Bathroom 2
      • Features: Shower No Tub, Single Vanity
      • Level: Third
      • Area: 45 Square Feet
      • Dimensions: 9x5
      Bathroom 3
      • Features: Shower No Tub, Single Vanity
      • Level: Third
      • Area: 45 Square Feet
      • Dimensions: 9x5
      Bonus room
      • Features: No Closet
      • Level: First
      • Area: 432 Square Feet
      • Dimensions: 27x16
      Dining room
      • Level: Second
      • Area: 300 Square Feet
      • Dimensions: 20x15
      Kitchen
      • Features: Kitchen Island, Stone Counters, Pantry
      • Level: Second
      • Area: 255 Square Feet
      • Dimensions: 17x15
      Living room
      • Features: Built-In Shelving, Ceiling Fan(s)
      • Level: Second
      • Area: 400 Square Feet
      • Dimensions: 25x16
      Media room
      • Features: Ceiling Fan(s)
      • Level: Second
      • Area: 225 Square Feet
      • Dimensions: 15x15
      Heating
      • Central, Electric
      Cooling
      • Central Air, Ductless, Zoned
      Appliances
      • Included: Convection Oven, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Range, Range Hood, Refrigerator, Washer, Water Filtration System
      • Laundry: Electric Dryer Hookup, Inside, Laundry Room, Washer Hookup
      Features
      • Built-in Features, Ceiling Fan(s), Crown Molding, Dry Bar, Elevator, High Ceilings, Smart Home, Solid Wood Cabinets, Split Bedroom, Stone Counters, Thermostat, Walk-In Closet(s)
      • Flooring: Carpet, Tile, Travertine
      • Doors: French Doors, Outdoor Grill, Sliding Doors
      • Windows: Window Treatments
      • Has fireplace: No
      • Furnished: Yes
      Interior area
      • Total structure area: 5,676
      • Total interior livable area: 3,599 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 4
      • Parking features: Driveway, Garage Door Opener, Garage Faces Side, Oversized, Tandem
      • Attached garage spaces: 4
      • Has uncovered spaces: Yes
      Features
      • Levels: Three Or More
      • Stories: 3
      • Patio & porch: Patio
      • Exterior features: Awning(s), Balcony, Courtyard, Irrigation System, Lighting, Outdoor Grill, Storage
      • Has private pool: Yes
      • Pool features: Gunite, Heated, In Ground, Pool Sweep, Salt Water, Tile
      • Fencing: Fenced
      • Has view: Yes
      • View description: Water, Bay/Harbor - Partial
      • Has water view: Yes
      • Water view: Water,Bay/Harbor - Partial
      • Waterfront features: Bay/Harbor Front, Bay/Harbor Access
      Lot
      • Size: 0.35 Acres
      • Features: City Lot, Landscaped, Level, Street Dead-End
      • Residential vegetation: Mature Landscaping, Trees/Landscaped
      Details
      • Parcel number: 2007020005
      • Zoning: RSF1
      • Special conditions: None

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Mediterranean
      • Property subtype: Single Family Residence
      Materials
      • Block, Stucco
      • Foundation: Raised
      • Roof: Tile
      Condition
      • Completed
      • New construction: No
      • Year built: 1994

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: BB/HS Internet Available, Cable Available, Electricity Connected, Fiber Optics, Public, Sewer Connected, Water Connected

      Community & HOA

      Community
      • Features: Bay/Harbor Front, Dock, Water Access, Deed Restrictions, Gated Community - No Guard
      • Security: Gated Community, Security Gate, Security System Owned, Smoke Detector(s)
      • Pet fee: $0 monthly
      • Subdivision: TOCOBAGA BAY
      HOA
      • Has HOA: Yes
      • Amenities included: Gated
      • HOA fee: $167 monthly
      • HOA name: Tocobaga Homeowner Assoc - TJ Arenberg, President
      Location
      • Region: Sarasota

      Financial & listing details

      • Price per square foot: $903/sqft
      • Tax assessed value: $1,824,400
      • Annual tax amount: $27,942
      • Date on market: 5/29/2026
      • Cumulative days on market: 250 days
      • Listing terms: Cash,Conventional
      • Ownership: Fee Simple
      • Total actual rent: 0
      • Electric utility on property: Yes
      • Road surface type: Paved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        7/10/2026Price change$3,250,000-4.3%$903/sqft
        Source: Stellar MLS #A4694000 Report a problem
        6/9/2026Price change$3,395,000-2.9%$943/sqft
        Source: Stellar MLS #A4694000 Report a problem
        5/29/2026Listed for sale$3,495,000-2.8%$971/sqft
        Source: Stellar MLS #A4694000 Report a problem
        5/12/2026Listing removed$3,595,000$999/sqft
        Source: Stellar MLS #A4671298 Report a problem
        3/27/2026Price change$3,595,000-5.3%$999/sqft
        Source: Stellar MLS #A4671298 Report a problem
        11/7/2025Listed for sale$3,795,000+6.9%$1,054/sqft
        Source: Stellar MLS #A4671298 Report a problem
        6/2/2025Listing removed$3,550,000$986/sqft
        Source: Stellar MLS #A4638039 Report a problem
        3/5/2025Price change$3,550,000-4.1%$986/sqft
        Source: Stellar MLS #A4638039 Report a problem
        2/17/2025Price change$3,700,000-2.6%$1,028/sqft
        Source: Stellar MLS #A4638039 Report a problem
        2/1/2025Listed for sale$3,800,000+38.4%$1,056/sqft
        Source: Stellar MLS #A4638039 Report a problem
        10/11/2023Sold$2,745,000-5.2%$763/sqft
        Source: Stellar MLS #A4571666 Report a problem
        8/21/2023Pending sale$2,895,000$804/sqft
        Source: Stellar MLS #A4571666 Report a problem
        8/14/2023Price change$2,895,000-6.5%$804/sqft
        Source: Stellar MLS #A4571666 Report a problem
        5/30/2023Listed for sale$3,095,000+415.8%$860/sqft
        Source: Stellar MLS #A4571666 Report a problem
        8/22/2011Sold$600,000-24.1%$167/sqft
        Source: Public Record Report a problem
        6/1/2011Price change$790,000-8.8%$220/sqft
        Source: Coldwell Banker Residential Real Estate - Sarasota Downtown #A3915000 Report a problem
        5/27/2011Listed for sale$866,000$241/sqft
        Source: Coldwell Banker Residential Real Estate - Sarasota Downtown #A3915000 Report a problem
        1/7/2011Listing removed$866,000$241/sqft
        Source: NRT Florida #A3915000 Report a problem
        8/19/2010Price change$866,000-11.6%$241/sqft
        Source: NRT Florida #A3915000 Report a problem
        8/15/2010Listed for sale$980,000$272/sqft
        Source: NRT Florida #A3915000 Report a problem
        6/1/2010Listing removed$980,000$272/sqft
        Source: NRT Florida #A3915000 Report a problem
        5/16/2010Listed for sale$980,000$272/sqft
        Source: NRT Florida #A3915000 Report a problem
        3/19/2010Listing removed$980,000$272/sqft
        Source: NRT Florida #A3915000 Report a problem
        2/9/2010Price change$980,000-14.8%$272/sqft
        Source: NRT Florida #A3915000 Report a problem
        1/31/2010Price change$1,150,000-8%$320/sqft
        Source: NRT Florida #A3915000 Report a problem
        10/17/2009Listed for sale$1,250,000-19.4%$347/sqft
        Source: NRT Florida #A3915000 Report a problem
        5/10/2007Sold$1,550,000-13.9%$431/sqft
        Source: Public Record Report a problem
        8/3/2005Sold$1,800,000+84.6%$500/sqft
        Source: Stellar MLS #A275461 Report a problem
        4/3/2002Sold$975,000+387.5%$271/sqft
        Source: Public Record Report a problem
        11/29/1993Sold$200,000$56/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$27,942 -10.8%$1,824,400 -12.6%
        2024$31,333 +148.3%$2,086,500 +144.9%
        2023$12,619 +2.8%$851,887 +3%
        2022$12,275 -0.2%$827,075 +3%
        2021$12,305 -1.1%$802,985 +1.4%
        2020$12,443 +1.9%$791,898 +2.3%
        2019$12,205 +3.3%$774,094 +1.9%
        2018$11,812 -1.6%$759,660 +2.1%
        2017$12,010 +2%$744,035 -14.1%
        2016$11,769 $865,900 +3.1%
        2015$11,769 $840,100 +20.4%
        2014$11,769 +0.3%$697,710
        2013$11,735 +21.4%$697,710 +18.5%
        2012$9,667 -6.7%$588,800 -1.9%
        2011$10,361 -20.3%$600,200 -19.8%
        2010$12,992 -25.9%$748,600 -15.5%
        2009$17,536 $885,400 -18.8%
        2008$17,536 -19.6%$1,090,500 -19.3%
        2007$21,813 $1,351,600 -3%
        2006-- $1,393,000 +43.7%
        2005-- $969,127 +3%
        2004$16,635 +13%$940,900 +20.5%
        2003$14,725 +63.5%$780,600 +59.4%
        2002$9,006 +6.6%$489,704 +1.6%
        2001$8,451 +2.4%$481,992 +3%
        2000$8,254 $467,953
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: Tahiti Park

        Getting around

        36 / 100
        Car-Dependent
        33 / 100
        Some Transit
        58 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Gocio Elementary
        • Middle: Booker Middle
        • High: Booker High

        Source: Stellar MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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