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For sale
    • $8,950,000

    1249 S Basin Ln, Sarasota, FL 34242

    6beds
    10,642sqft
    : 
    $58,679/mo
    Get pre-qualified
    Single Family Residence
    Built in 1951
    1.57 Acres Lot
    $-- Zestimate®
    $841/sqft
    $933/mo HOA

    What's special

    Six spacious bedroomsGrand beautifully proportioned roomsClassic wood-burning fireplaceExpansive country kitchenExpansive bayfront viewsStriking chandelierVintage tile flooring
    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.
    72 days
    |
    512
    |
    26
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Kim Ogilvie 941-951-6660,

    MICHAEL SAUNDERS & COMPANY 941-951-6660,

    Lynn Morris, PLLC 941-400-4526,

    MICHAEL SAUNDERS & COMPANY

    Source: Stellar MLS,MLS#: A4690355MLS LogoOriginating MLS: Sarasota - Manatee

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 6
      • Bathrooms: 8
      • Full bathrooms: 6
      • 1/2 bathrooms: 2
      Rooms
      • Room types: Garage Apartment, Loft, Storage Rooms
      Primary bedroom
      • Features: Walk-In Closet(s)
      • Level: Second
      Dining room
      • Level: First
      Kitchen
      • Level: First
      Living room
      • Level: First
      Heating
      • Central, Electric, Zoned
      Cooling
      • Central Air, Zoned
      Appliances
      • Included: Oven, Dishwasher, Disposal, Dryer, Freezer, Microwave, Range, Range Hood, Refrigerator, Washer, Wine Refrigerator
      • Laundry: Inside, Laundry Closet, Laundry Room
      Features
      • Ceiling Fan(s), Crown Molding, Eating Space In Kitchen, Elevator, PrimaryBedroom Upstairs, Stone Counters, Vaulted Ceiling(s), Walk-In Closet(s)
      • Flooring: Brick/Stone, Other, Hardwood
      • Doors: French Doors
      • Windows: Window Treatments
      • Has fireplace: Yes
      • Fireplace features: Living Room, Master Bedroom
      Interior area
      • Total structure area: 14,686
      • Total interior livable area: 10,642 sqft

      Property

      Parking
      • Total spaces: 8
      • Parking features: Circular Driveway, Driveway, Garage Door Opener, Ground Level, Oversized, Split Garage
      • Garage spaces: 8
      • Has uncovered spaces: Yes
      Features
      • Levels: Three Or More
      • Stories: 3
      • Patio & porch: Covered, Front Porch, Patio, Rear Porch
      • Exterior features: Balcony, Courtyard, Irrigation System, Lighting, Private Yard
      • Has private pool: Yes
      • Pool features: Gunite, Heated, In Ground, Salt Water
      • Has spa: Yes
      • Spa features: Heated, In Ground
      • Fencing: Other
      • Has view: Yes
      • View description: Water, Bay/Harbor - Full, Intracoastal Waterway
      • Has water view: Yes
      • Water view: Water,Bay/Harbor - Full,Intracoastal Waterway
      • Waterfront features: Bay/Harbor, Intracoastal Waterway, Bay/Harbor Access, Gulf/Ocean Access, Gulf/Ocean to Bay Access, Sailboat Water, Seawall
      • Body of water: LITTLE SARASOTA BAY
      Lot
      • Size: 1.57 Acres
      • Features: FloodZone, In County, Landscaped, Near Public Transit, Oversized Lot, Private, Street Dead-End
      • Residential vegetation: Mature Landscaping, Oak Trees, Trees/Landscaped
      Details
      • Additional structures: Guest House
      • Parcel number: 0110050009
      • Zoning: RE2
      • Special conditions: None

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Custom
      • Property subtype: Single Family Residence
      Materials
      • Wood Frame, Wood Siding
      • Foundation: Slab
      • Roof: Metal
      Condition
      • Completed
      • New construction: No
      • Year built: 1951

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Public, Sewer Connected, Water Connected

      Community & HOA

      Community
      • Security: Smoke Detector(s)
      • Pet fee: $0 monthly
      • Subdivision: SIESTA PROPERTIES INC
      HOA
      • Has HOA: Yes
      • HOA fee: $933 monthly
      • HOA name: Sanderling Club
      Location
      • Region: Sarasota

      Financial & listing details

      • Price per square foot: $841/sqft
      • Tax assessed value: $4,693,800
      • Annual tax amount: $40,641
      • Date on market: 5/12/2026
      • Cumulative days on market: 73 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
        5/12/2026Listed for sale$8,950,000+5.4%$841/sqft
        Source: Stellar MLS #A4690355 Report a problem
        11/11/2025Listing removed$8,495,000$798/sqft
        Source: Stellar MLS #A4630794 Report a problem
        6/2/2025Price change$8,495,000-15%$798/sqft
        Source: Stellar MLS #A4630794 Report a problem
        12/5/2024Listed for sale$9,995,000+542.3%$939/sqft
        Source: Stellar MLS #A4630794 Report a problem
        2/19/1997Sold$1,556,100$146/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$40,641 +2.5%$3,378,816 +2.9%
        2024$39,645 +2.8%$3,283,592 +3%
        2023$38,561 +2.2%$3,187,953 +3%
        2022$37,729 +0.4%$3,095,100 +3%
        2021$37,577 -0.8%$3,004,951 +1.4%
        2020$37,861 +2.7%$2,963,463 +2.3%
        2019$36,850 $2,896,836 +1.9%
        2018$36,850 +1.7%$2,842,822 +2.1%
        2017$36,236 -1.5%$2,784,351 -37.1%
        2016$36,804 $4,425,400 +38%
        2015$36,804 $3,206,500 +21.1%
        2014$36,804 +0.2%$2,646,928
        2013$36,714 +2.7%$2,646,928 +1.7%
        2012$35,743 +4.7%$2,602,682 +3%
        2011$34,140 +6.5%$2,526,876 +8.9%
        2010$32,070 +10.5%$2,319,878 +2.7%
        2009$29,029 $2,258,888 +0.1%
        2008$29,029 +1.8%$2,256,631 +3%
        2007$28,503 $2,190,904 +2.5%
        2006-- $2,137,467 +3%
        2005-- $2,075,211 +3%
        2004$30,127 -1.1%$2,014,768 +1.9%
        2003$30,458 +4.2%$1,977,201 +2.4%
        2002$29,243 +7.4%$1,930,860 +1.6%
        2001$27,220 +2.8%$1,900,453 +3%
        2000$26,469 $1,845,100
        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: 34242

        Getting around

        27 / 100
        Car-Dependent
        17 / 100
        Minimal Transit
        51 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Phillippi Shores Elementary
        • Middle: Brookside Middle
        • High: Sarasota 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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