$9,995,000

1249 S Basin Ln Sarasota, FL 34242

6 beds
6 full, 1 partial
10,455 sqft
1.6 acres
$956 / sqft
House

Property details

About 1249 S Basin Ln

This extraordinary waterfront property offers an unparalleled opportunity to create a stunning retreat overlooking the tranquil waters of Little Sarasota Bay. Spanning over 1.5 acres, this expansive corner parcel boasts more than 500 feet of water frontage on two sides, providing exceptional privacy and sweeping coastal views. Situated within the exclusive Sanderling Club on Siesta Key, this unique property is poised for transformation. The existing six-bedroom home offers a canvas ready for designing your custom dream residence. The main house includes formal living and dining rooms, an eat-in kitchen, family room, media room, and multiple dens. The first level features three bedroom suites, while the primary suite occupies the second floor with an additional guest suite and a bonus room. The third level houses another flexible space, ideal for a den or home office. A four-car split garage, connected by a courtyard, includes a studio apartment with a bedroom suite and guest kitchen, offering potential for guest accommodations or a private workspace. The outdoor spaces are equally expansive, featuring an open pool deck, fountain, waterfront lounge areas, winding walkways, and basketball court. With over 500 feet of waterfront access, boating enthusiasts will appreciate the ample opportunities to enhance this property with custom docks or lifts. Nestled in the prestigious Sanderling Club, this property combines the charm of Siesta Key’s coastal lifestyle with the exclusivity of a gated community. The Sanderling Club, the only guard-gated, single-family neighborhood on Siesta Key, offers residents access to a renovated clubhouse with a catering kitchen and library, three Har-Tru tennis 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. This is a once-in-a-lifetime opportunity to design a coastal sanctuary in one of Sarasota’s most coveted neighborhoods.

Highlights

Home typeSingle Family Residence
HeatingCentral, Electric, Zoned
StatusActive
CoolingCentral Air, Zoned
Size10,455 sqft
Lot size1.56 Acres
Year built1951
ParkingCircular Driveway, Driveway, Garage Door Opener, Ground Level, Oversized, Garage
MLS #A4630794
Attached garage8 spaces
WaterfrontBay, Intracoastal Waterway
FireplaceLiving Room, Primary Bedroom
ViewPool, Water
Private poolYes

Summary

  • Partial Bathrooms: 1
  • Full Bathrooms: 6
  • Appliances: Dishwasher, Disposal, Microwave, Range, Range Hood, Refrigerator, Wine Cooler
  • Flooring Type: Wood
  • Interior: Built-in Features, Coffered Ceiling(s), Crown Molding, Eat-in Kitchen, Elevator, PrimaryBedroom Upstairs, Stone Counters, Vaulted Ceiling(s), Walk-In Closet(s), Window Treatments
  • Fireplace: Living Room, Primary Bedroom
  • Total Bedroom Count: 6
  • Garage Space: 8 spaces
  • Attached Garage: Yes
  • Private Pool: Yes
  • Parking: Circular Driveway, Driveway, Garage Door Opener, Ground Level, Oversized, Garage
  • Waterfront: Bay, Intracoastal Waterway
  • View: Pool, Water
  • Exterior: Balcony, Courtyard, French Doors, Lighting, Private Mailbox, Sidewalk
  • Architectural Style: Cape Cod, Coastal
  • Heating: Central, Electric, Zoned
  • Cooling: Central Air, Zoned
  • List Price: $9,995,000
  • Price/SqFt: $956
  • HOA Amount: $10800 Annually
  • Annual Tax Amount: $38,561
  • Tax Year: 2023
  • Lot: Flood Zone, Landscaped, Oversized Lot, Private, Sidewalk, Bricked Street
  • Directions: US 41 South; right onto Stickney Point Rd; left onto Midnight Pass Rd; left onto S. Basin Ln
  • Year Built: 1951
  • Stories: 3
  • Living Area: 10,455 SqFt
  • Lot Size: 1.56 Acres
  • MLS Number: A4630794
  • MLS Name: MFRMLS
  • Office Name: COLDWELL BANKER REALTY
  • Office Phone: (941) 383-6411
  • Listing Agent: Roger Pettingell

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IDX Copyright 2025 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
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Last updated on: 5/23/2025, 11:19:39 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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1249 S Basin Ln, Sarasota, FL 34242 - aerial perspective of suburban area featuring a nearby body of water

$9,995,000

1249 S Basin Ln

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Price information

Property sales

DateEventPrice
Feb 19, 1997
Home Sold
$1,556,100

Tax history

YearAssessmentProperty Tax
2023$3,187,953$38,561
2022$3,095,100$37,729
2021$3,004,951$37,729
2020$2,963,463$37,576
2019$2,896,836$36,849
2018$2,842,822$36,235
2017$2,784,351$36,116

History based on county public records data.

Nearby schools

7

Gulf Gate Elementary School

Public District PK-5

1.6 mi

6500 S Lockwood Ridge Rd

8

Phillippi Shores Elementary School

Public Magnet PK-5

2.8 mi

4747 S Tamiami Trl

5

Wilkinson Elementary School

Public District PK-5

3.5 mi

3400 Wilkinson Rd

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $74,826. The most common annual income of people living in Sarasota, FL is between $35k-100k. The most common type of family is single, no kids. Most residents in this area have post secondary degree education.

How much money do the neighbors make?

18%
<35k
37%
35k-100k
29%
100k-200k
16%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

52%
Single, No Kids
5%
Single, with Kids
39%
Married, No Kids
4%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

5%
<11 yrs old
3%
12-17 yrs old
7%
18-34 yrs old
39%
35-64 yrs old
46%
65+ yrs old

What do the neighbors do for fun?

  • Men's TennisMen's Tennis
  • PGA/LPGAPGA/LPGA
  • Hiking/backpackingHiking/backpacking

Where do the neighbors shop?

  • BloomingdalesBloomingdales
  • Chico'sChico's
  • Nordstrom RackNordstrom Rack

Where do the neighbors go to eat?

  • Bonefish GrillBonefish Grill
  • ChipotleChipotle
  • California Pizza KitchenCalifornia Pizza Kitchen

What do the neighbors drive?

  • LexusLexus
  • CadillacCadillac
  • MazdaMazda

What do the neighbors listen to?

  • NewsNews
  • ClassicalClassical
  • RockRock
All data provided by Home Junction and Claritas

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Frequently asked questions

About 1249 S Basin Ln

The listing price of 1249 S Basin Ln property is $9,995,000.

The property 1249 S Basin Ln is a house located in Sarasota, Florida, 34242.

Active Listing: 1249 S Basin Ln is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 1249 S Basin Ln are: Gulf Gate Elementary School (GreatSchools Rating 7/10), Phillippi Shores Elementary School (GreatSchools Rating 8/10), Wilkinson Elementary School (GreatSchools Rating 5/10), Imagine School at Palmer Ranch (GreatSchools Rating 5/10), Brookside Middle School (GreatSchools Rating 6/10), Sarasota Middle School (GreatSchools Rating 8/10), Sarasota Virtual Instruction Program (GreatSchools Rating 6/10), Riverview High School (GreatSchools Rating 6/10), Suncoast Polytechnical High School (GreatSchools Rating 9/10).

According to the records, the last property tax for 2023 is $38,561 (source: MLS/based on county public records data).

The last sale was on February 19, 1997 for $1,556,100 (source: MLS/tax record).

The property at 1249 S Basin Ln has 6 bedrooms and 6 full and 1 half bathrooms.

The property 1249 S Basin Ln is 10,455 SqFt (source: MLS/tax record).

The year of construction for 1249 S Basin Ln is 1951.

This home is located at 1249 S Basin Ln in Sarasota, FL and zip code 34242 in the Siesta Key neighborhood. This 10,455 square foot home, which was built in 1951, sits on a 1.56 acre lot. Features: 6 bedrooms, 7 bathrooms. It has been listed on Rocket Homes since December 5, 2024 and is currently priced at $9,995,000.

Over 35 listings were sold over their listed price in April 2025 in Sarasota, FL. In the same period over 421 listings were sold below the listed price and 77 listings were sold for the listed price. The inventory of homes for sale in Sarasota, FL between March and April 2025 increased by 1.6%. Listings spent 69 days on the market in April 2025, and had a median list price of $500,494 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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