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Active - House for sale

1249 S BASIN LANE, Sarasota, FL

6 bds|6 bth + 2 half|10,642 sqft

Facts & features

House Property type
213 days on Beycome
1951 Year built
$841 Price/Sqft.
8 car garage Parking
$11,200/yr HOA
68,170 sqft Lot size

Why you’ll love it

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.

Translating description...

Listings courtesy of MICHAEL SAUNDERS & COMPANY as distributed by MLS GRID.

Listed by: Kim Ogilvie • kimogilvie@michaelsaunders.com • MICHAEL SAUNDERS & COMPANY

Co-listed by: Lynn Morris, Pllc • MICHAEL SAUNDERS & COMPANY

Source: Stellar MLS as distributed by MLS GRID, MLS#: A4690355 Stellar MLS as distributed by MLS GRID logo

Based on info available as of Nov 13, 2026 at 12:33 PM EST.

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Affordability

$5,820,000$12,085,000
1%20%
0%90%
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Estimated monthly payment

$49,576/mo

  • Mortgage$45,256
  • Property tax$3,387
  • HOA fee
  • Homeowners insurance
Due at closing$7,115,250
Down payment held in escrow$1,790,000
Closing costs$134,250
beycome credit Est.$179,000

Beycome estimates only. Actual amounts and terms vary by lender and location.

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About Siesta Properties Inc

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Flood & climate risk

FEMA Flood Zone AE

In a FEMA Special Flood Hazard Area — flood insurance is typically required with a federally-backed mortgage.

More details

Base flood elevation: 7 ft. Source: FEMA National Flood Hazard Layer. Confirm on the FEMA Flood Map.

Disclaimer

Based on information submitted to the MLS GRID as of Nov 13, 2026 at 12:33pm EST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

$8,950,000 Listed price

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$179,000 Credit back

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