$8,950,000

1249 S Basin LnSarasota, FL 34242

  • 6 beds
  • 6.5 baths
  • 10,642 sqft
  • 1.57 acres
  • 203 days on market

About this home

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. 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.

Facts

Property type
Single Family Residence
Year built
1951
Stories
3
Garage spaces
8
Lot size
1.57 acres
Pool
Yes
Waterfront
Yes
Water view
Bay/Harbor - Full,Intracoastal Waterway
Subdivision
SIESTA PROPERTIES INC
Community
Siesta Properties Inc
County
Sarasota
HOA fee
$11,200 / annually
CDD
0
Annual taxes
$40,641 (2025)
Flood zone
AE
Pets
Yes
New construction
No
MLS #
A4690355

Features

Interior
Ceiling Fans(s), Crown Molding, Eat-in Kitchen, Elevator, PrimaryBedroom Upstairs, Stone Counters, Vaulted Ceiling(s), Walk-In Closet(s), Window Treatments
Appliances
Built-In Oven, Dishwasher, Disposal, Dryer, Freezer, Microwave, Range, Range Hood, Refrigerator, Washer, Wine Refrigerator
Flooring
Brick, Wood
Heating
Central, Electric, Zoned
Cooling
Central Air, Zoned
Exterior
Balcony, Courtyard, Lighting, Private Yard
Patio & porch
Covered, Front Porch, Patio, Rear Porch
Pool features
Gunite, Heated, In Ground, Salt Water
Parking
Circular Driveway, Driveway, Garage Door Opener, Ground Level, Oversized, Garage
Construction
Frame, Wood Siding
Roof
Metal
Lot
FloodZone, In County, Landscaped, Near Public Transit, Oversized Lot, Private, Street Dead-End
View
Water
Utilities
Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Public, Sewer Connected, Water Connected
Water
Public
Sewer
Public Sewer
Elementary school
Phillippi Shores Elementary
Middle school
Brookside Middle
High school
Sarasota High

Location

Stellar MLS Listing courtesy of MICHAEL SAUNDERS & COMPANY. MLS # A4690355.

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Stellar MLS

Listing information is provided by Participants of the Stellar MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Properties displayed may be listed or sold by various participants in the MLS Copyright 2026, Stellar MLS. Last updated: 2026-11-04 1:30 PM EST.