#A4643281, Karen Chandler, Listing Office: MICHAEL SAUNDERS & COMPANY
1249 S Basin Ln Sarasota, FL 34242
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
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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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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$9,995,000
1249 S Basin Ln
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Price information
Property sales
Date | Event | Price |
---|---|---|
Feb 19, 1997 | Home Sold | $1,556,100 |
Tax history
Year | Assessment | Property 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.
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.
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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.