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1249 S BASIN LANE

House For Sale
$8,950,000

BTC: 139.84375000

ETH: 5,126.00229095

42 days
Waterfront
6 bds
6 ba
10,642 sqft

Overview

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. Additionally, the property can be split into 3 separate waterfront parcels with the smallest water frontage being 99 ft. 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.

Location

Details

Type:
Residential
Parking:
Circular Driveway / Driveway / Garage Door Opener / Ground Level / Oversized / Split Garage
Year Built:
1951
Lot:
1.57 Acres
Heating:
Central / Electric / Zoned
Price/sqft:
$841
Cooling:
Central Air / Zoned
HOA:
$11,200

Highlights

Annual tax
$40,641
2025
HOA
$11,200/yr
Pool
Gunite
View
Water
Waterfront
Bay/Harbor, Intracoastal Waterway
Garage
8 car garage
Pets
Allowed
All facts and features
  • Flooring

    • Brick/Stone

    • Other

    • Hardwood

    Heating

    • Central

    • Electric

    • Zoned

    Cooling

    • Central Air

    • Zoned

    Appliances

    • Built-In Oven

    • Dishwasher

    • Disposal

    • Dryer

    • Freezer

    • Microwave

    • Range

    • Range Hood

    • Refrigerator

    • Washer

    • Wine Refrigerator

    Other interior features

    • Ceiling Fan(s)

    • Crown Molding

    • Eating Space In Kitchen

    • Elevator

    • PrimaryBedroom Upstairs

    • Stone Counters

    • Vaulted Ceiling(s)

    • Walk-In Closet(s)

    • Window Treatments

    Bedrooms and bathrooms

    • Bedrooms: 6

    • Bathrooms: 2

    • Full bathrooms: 6

  • Parking

    • Circular Driveway

    • Driveway

    • Garage Door Opener

    • Ground Level

    • Oversized

    • Split Garage

    Property

    • Levels: Three Or More

    • Pool Private: Yes

    • Exterior Features: Balcony / Courtyard / French Doors / Irrigation System / Lighting / Private Yard

    Lot

    • Lot: 1.57 Acres

    Other Property Information

    • Parcel Number: 0110050009

    • Zoning: RE2

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Single Family Residence

  • Utility

    • Cable Available

    • Electricity Connected

    • Natural Gas Connected

    • Phone Available

    • Public

    • Sewer Connected

    • Water Connected

  • Other financial information

    • HOA: $11,200

    • HOA Frequency: Annually

    • Annual tax amount: $40,641

  • Source details

    • MLS ID: A4690355

    Other facts

    • Construction Materials: Wood Frame / Wood Siding

    • Foundation Details: Slab

    • Fireplace Features: Living Room / Master Bedroom

    • Laundry Features: Inside / Laundry Closet / Laundry Room

    • Lot Features: FloodZone / In County / Landscaped / Near Public Transit / Oversized Lot / Private / Street Dead-End

    • Patio And Porch Features: Covered / Front Porch / Patio / Rear Porch

    • Pool Features: Gunite / Heated / In Ground / Salt Water

    • Direction Faces: Southwest

    • Other Structures: Guest House

    • Architectural Style: Custom

    • Waterfront: Yes

    • Fireplace: Yes

    • Water Body Name: LITTLE SARASOTA BAY

    • Garage Spaces: 8

    • Garage: Yes

    • Living Area: 10642

    • Water Source: Public

    • Subdivision Name: SIESTA PROPERTIES INC

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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