13 days on rocket

1249 S Basin Ln, Sarasota, FL, 34242

$9,995,000

6 Bedrooms
6 Full Baths, 1 Partial
10,455 SqFt
$956/SqFt
House

Location

Image provided by Mapbox

Property Highlights

Home TypeSingle Family Residence
ParkingCircular Driveway, Driveway, Garage Door Opener, Ground Level, Oversized, Split Garage
Attached Garage8 spaces
Year Built1951
HeatingCentral, Electric, Zoned
CoolingCentral Air, Zoned
WaterfrontBay, Intracoastal Waterway
FireplaceLiving Room, Primary Bedroom
ViewPool, Water
Private PoolYes
MLS #A4630794
Lot Size1.56 Acres
StatusActive

About 1249 S Basin Ln

This extraordinary waterfront property offers an unparalleled opportunity to create a stunning retreat overlooking the tranquil waters of Little Sarasota Bay. Spanning over 1.5 acres, this expansive corner parcel boasts more than 500 feet of water frontage on two sides, providing exceptional privacy and sweeping coastal views. Situated within the exclusive Sanderling Club on Siesta Key, this unique property is poised for transformation. The existing six-bedroom home offers a canvas ready for designing your custom dream residence. The main house includes formal living and dining rooms, an eat-in kitchen, family room, media room, and multiple dens. The first level features three bedroom suites, while the primary suite occupies the second floor with an additional guest suite and a bonus room. The third level houses another flexible space, ideal for a den or home office. A four-car split garage, connected by a courtyard, includes a studio apartment with a bedroom suite and guest kitchen, offering potential for guest accommodations or a private workspace. The outdoor spaces are equally expansive, featuring an open pool deck, fountain, waterfront lounge areas, winding walkways, and basketball court. With over 500 feet of waterfront access, boating enthusiasts will appreciate the ample opportunities to enhance this property with custom docks or lifts. Nestled in the prestigious Sanderling Club, this property combines the charm of Siesta Key’s coastal lifestyle with the exclusivity of a gated community. The Sanderling Club, the only guard-gated, single-family neighborhood on Siesta Key, offers residents access to a renovated clubhouse with a catering kitchen and library, three Har-Tru tennis 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. This is a once-in-a-lifetime opportunity to design a coastal sanctuary in one of Sarasota’s most coveted neighborhoods.

Property Details

Property Features

Property Information:

  • Architectural Style: Cape Cod, Coastal
  • Year Built: 1951
  • Stories: 3
  • Living Area: 10,455 SqFt

Listing Office:

  • Office Name: COLDWELL BANKER REALTY
  • Office Phone: (941) 383-6411
  • Listing Agent: Roger Pettingell

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Microwave, Range, Range Hood, Refrigerator, Wine Cooler
  • Flooring Type: Wood
  • Interior: Built-in Features, Coffered Ceiling(s), Crown Molding, Eat-in Kitchen, Elevator, PrimaryBedroom Upstairs, Stone Counters, Vaulted Ceiling(s), Walk-In Closet(s), Window Treatments
  • Fireplace: Living Room, Primary Bedroom

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 6
  • Total Bedroom Count: 6

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • Waterfront: Bay, Intracoastal Waterway
  • View: Pool, Water
  • Exterior: Balcony, Courtyard, French Doors, Irrigation System, Lighting, Private Mailbox, Sidewalk

Parking Information:

  • Garage Space: 8 spaces
  • Attached Garage: Yes
  • Parking: Circular Driveway, Driveway, Garage Door Opener, Ground Level, Oversized, Split Garage

Lot Features

Lot Information:

  • Lot: Flood Zone, Landscaped, Oversized Lot, Private, Sidewalk, Bricked Street
  • Lot Size: 1.56 Acres

Utilities

Utilities Information:

  • Heating: Central, Electric, Zoned
  • Cooling: Central Air, Zoned

Other

Directions Information:

  • Directions: US 41 South; right onto Stickney Point Rd; left onto Midnight Pass Rd; left onto S. Basin Ln

Price Information

Listing Price Info

Price Summary:

  • List Price: $9,995,000
  • Price Per SqFt: $956/SqFt

HOA Fees:

  • Amount: $5400
  • Frequency: Annually

Tax Information:

  • Annual Amount: $37,861
  • Tax Year: 2020
House and calculator

What can I afford?

Understand what home price range makes sense for your budget.

Housing Market Comparison

See how this home compares to others in Sarasota, FL.

Med. Sold Price

$515.5K

Med. Price/SqFt

$302

Avg. Days On Market

76

# of Sold Homes

297

1249 S Basin Ln vs Sarasota

13 DAYS ON ROCKET

-63 Days

$9,995,000

+$9.4M More

$956/SqFt

+$653 More

KEY TAKEAWAY

This property is $9.4M more than the Median Sold Price and $653/SqFt more than other homes in Sarasota, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MFRMLS
  • MLS Number: #A4630794

Listing Office:

  • Office Name: COLDWELL BANKER REALTY
  • Office Phone: (941) 383-6411
  • Listing Agent: Roger Pettingell

IDX Listings courtesy of Stellar MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX Copyright 2024 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/18/2024, 6:19:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Feb 19, 1997Home Sold
$1,556,100

Tax History

YEARPROP. TAXASSESSMENT
2020$37,861$2,963,463
2019$36,849$2,896,836
2018$36,236$2,842,822
2017$36,116$2,784,351

History based on county public records data.

Payment Calculator

$50.4K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$30K

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-65361
6
/10
  • Gulf Gate Elementary School

  • 6500 S Lockwood Ridge Rd

  • 1.58 miles

  • Public District Grades PK-5

school-card-donut-65362
8
/10
  • Phillippi Shores Elementary School

  • 4747 S Tamiami Trl

  • 2.75 miles

  • Public Magnet Grades PK-5

school-card-donut-65363
5
/10
  • Wilkinson Elementary School

  • 3400 Wilkinson Rd

  • 3.48 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $74,826. Most Sarasota, FL residents have annual incomes between $35k-100k. The majority of families are single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1249 S Basin Ln

What is the listing price of this property?

The listing price of 1249 S Basin Ln property is $9,995,000.

What type of property is this?

The property 1249 S Basin Ln is a house located in Sarasota, Florida, 34242.

Is this property for sale now?

Active Listing: 1249 S Basin Ln is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $37,861 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on February 19, 1997 for $1,556,100. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1249 S Basin Ln has 6 bedrooms and 6 full and 1 half bathrooms.

What is the square footage of this property?

The property 1249 S Basin Ln is 10,455 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1249 S Basin Ln is 1951.
Rocket Homes logo

Interested in 1249 S Basin Ln? Let's connect.

Let Us Contact You

By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.


Rocket HomesFloridaSarasota CountySarasota342421249 S Basin Ln

This home is located at 1249 S Basin Ln in Sarasota, FL and zip code 34242 in the Siesta Key neighborhood. This 10,455 square foot home, which was built in 1951, sits on a 1.56 acre lot. Features: 6 bedrooms, 7 bathrooms. It has been listed on Rocket Homes since December 05, 2024 and is currently priced at $9,995,000.

Sarasota, FL housing market in November 2024 saw over 12 listings sold above listed price, more than 48 sold at listed price and over 237 sold below. In November 2024 in Sarasota, FL there were 9.7% more homes for sale than in October 2024. In November 2024 median list price was $515,531 and the average listing age was 76 days.

From Rocket Homes Real Estate and based on county public records data.

More Resources