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1621 MEMORY LANE

Lots/Land Active With Contract
$1,480,000

BTC: 25.08474576

ETH: 928.08006572

-$200K (2026/03/05)
156 days
Waterfront
0 room(s)

Overview

1621 Memory Lane presents a rare opportunity to build a custom bayfront estate on Little Sarasota Bay in the Bayview Acres neighborhood, one of Sarasota’s most strategically positioned mainland waterfront communities. Situated on a quiet no-through street south of Stickney Point Road and west of Tamiami Trail, this expansive .47-acre parcel offers approximately 100 feet of direct frontage on the bay and the scale to design a significant coastal residence with generous outdoor living areas, pool, and the ability to construct a private pier, subject to permitting. The property is offered as a vacant lot for $1,480,000 or as a to-be-built custom residence by The Vision Group priced at $3,980,000, providing flexibility for buyers to bring their own builder or move forward with a fully designed plan. The setting delivers privacy and calm while remaining just minutes from the south bridge to Siesta Key and equally convenient to downtown Sarasota’s dining, arts, and cultural amenities. Continued investment along the U.S. 41 and Siesta Drive corridor, including Benderson’s planned retail and mixed-use development, further strengthens the long-term appeal of this location. The property is especially well suited for buyers transitioning off the barrier islands who want mainland accessibility without sacrificing water views, as well as inland residents ready to elevate to a true bayfront setting without HOA constraints. With limited remaining buildable bayfront parcels of this size and frontage—and new construction next door on a comparable lot estimated at $6 million in value—the economics present a compelling opportunity to build at a meaningful discount to neighboring new construction.

Location

Details

Type:
Land
Parking:
No Data
Year Built:
No Data
Lot:
0.47 Acres
Heating:
No Data
Price/sqft:
No Data
Cooling:
No Data
HOA:
No Data

Highlights

Annual tax
$16,465
2025
Waterfront
Bay/Harbor, Intracoastal Waterway
All facts and features
  • Lot

    • Lot: 0.47 Acres

    Other Property Information

    • Parcel Number: 0109040021

    • Zoning: RSF2

  • Type and style

    • Property Type: Land

  • Utility

    • Cable Available

    • Electricity Available

  • Other financial information

    • Annual tax amount: $16,466

  • Source details

    • MLS ID: A4677058

    Other facts

    • Lot Features: Oversized Lot / Street Dead-End

    • Direction Faces: East

    • Waterfront: Yes

    • Water Body Name: LITTLE SARASOTA BAY

    • Water Source: Public

    • Lot Size Dimensions: 0

    • Subdivision Name: NOT PART OF A SUBDIVISION

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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: MICHAEL SAUNDERS & COMPANY