1249 BASIN LANE

Property Details

Description

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 & Costs

Property type

Single Family Residence

Year built

1951

Lot size

1.57 acres

Stories

3

Garage

8 spaces

Half baths

2

Price per sq ft

$841

Days on market

141

Private pool

Yes

Waterfront

Yes

Community

Siesta Properties Inc

Subdivision

SIESTA PROPERTIES INC

County

Sarasota

Flood zone

AE

Monthly & yearly costs

HOA fee

$11,200 / annually

Property taxes

$40,641 / year (2025)

As reported by the listing agent. Verify with the HOA and county.

Construction & systems

Heating

Central, Electric, Zoned

Cooling

Central Air, Zoned

Flooring

Brick, Wood

Roof

Metal

Construction

Frame, Wood Siding

Parking

Circular Driveway, Driveway, Garage Door Opener, Ground Level, Oversized, Garage

View

Water

Payment Estimate

$49,576 / month

Principal & interest

$45,256

Property taxes

$3,387

HOA

$933

Home insurance

enter below

Estimate only, not a loan offer. Rate is a starting value; taxes and HOA are as reported by the listing agent. Florida insurance (including flood) varies widely. Ask George for a lender referral.

Location

Features & Amenities

• Built-In Oven
• Dishwasher
• Disposal
• Dryer
• Freezer
• Microwave
• Range
• Range Hood
• Refrigerator
• Washer
• Wine Refrigerator
• Ceiling Fans(s)
• Crown Molding
• Eat-in Kitchen
• Elevator
• PrimaryBedroom Upstairs
• Stone Counters
• Vaulted Ceiling(s)
• Walk-In Closet(s)
• Window Treatments
• Balcony
• Courtyard
• French Doors
• Lighting
• Private Yard
• Gunite
• Heated
• In Ground
• Salt Water
• Bay/Harbor
• Intracoastal Waterway