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$8,950,000

Listing Price

9beds

7.5baths

10,642sqft

68,170sqft lot

1249 S Basin Ln, Sarasota, FL 34242

Member Features

Find Real Estate Bargain!

  • Full foreclosure details

  • Home value, equity and ownership info

  • Find homes priced below market

  • Get full access with a FREE Account

Already a member?

For Sale

Off Market

Single Family

Home type

841.01

Price / sqft

1951

Year built

Home Details

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

Interior Details

Square Feet
  • 10642

Bedrooms
  • 9

Bathrooms
  • 7.5

Heating
  • Has Heating:

    Yes

  • Heating Type:

    Central

Cooling
  • Has Cooling:

    Yes

  • Cooling Type:

    Central

Fuel
  • Has Fuel:

    No

  • Fuel Type:

    N/A

Basement
  • Has Basement:

    No

  • Basement Type:

    N/A

Flooring
  • Has Flooring:

    No

  • Flooring Type:

    Wood (unspecified)

Fireplace
  • Has Fireplace:

    Yes

  • Fireplace Type:

    N/A

Property Details

Lot Size
  • 68170

Water
  • Yes

Sewer
  • Yes

Parking
  • Type:

    Garage, Attached

  • Location:

    N/A

  • Status:

    N/A

  • Number of Spaces:

    4

Deck
  • No

Patio
  • No

Fence
  • No

Pool
  • No

Porch
  • Yes

Stoop
  • No

Breezeway
  • No

Construction Details

Number of Stories
  • 3

Style
  • N/A

Exterior
  • Wood Siding

Foundation
  • N/A

Roof
  • Hip

Roofing Material
  • Metal

Tax History

Year

Amount

Land

Improvement

Percent Change

Assessment

2020

$37,861

$0

$0

--%

$2,963,463

2019

$36,849

$0

$0

--%

$2,896,836

2018

$36,235

$0

$0

--%

$2,842,822

2017

$36,116

$0

$0

--%

$2,784,351

2016

$36,104

$0

$0

--%

$2,727,082

2014

$36,691

$0

$0

--%

$2,686,632

2013

$36,713

$0

$0

--%

$2,646,928

2012

$35,742

$0

$0

--%

$2,602,682

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Average Home Price in 34242

Nearby Properties

Zip Code

Price

Bed

Bath

Sqft

Lot

Sold Date

$8,950,000

9 Beds

7.5 Baths

10,642 Sqft

68,170 Lot (sqft)

Sold 10/05/2026

$26,000,000

5 Beds

6 Baths

10,600 Sqft

40,247 Lot (sqft)

Sold 09/29/2026

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Calculators

Mortgage

Mortgage Calculator

Calculate your monthly mortgage payments.
Household Income
70,000
$
Home price
8,950,000
$
Down payment
1,790,000
$
Mortgage Rate
6.5
%
Loan Term
Property Tax Rate
1.1
%
Homeowner's Insurance (Annual)
53,700
$
HOA (Monthly)
0
$
PMI
0
$
$57,935
Your Payment
Total Monthly Payment:$57,935
Percent of Income:993%
Affordable:No

Details for 1249 S BASIN LN

Property Debt

Foreclosure Contact Details

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