An extraordinary land opportunity without compare on the Gulf Coast to create a legacy waterfront estate, multi-residence compound or two distinctive estate homes on 1.34 acres along Sarasota Bay. Located at 4196 Roberts Point Circle, this expansive Siesta Key property offers over 400 feet of waterfront, remarkable privacy, and sweeping views across the bay in a setting rarely available at this scale. The size and configuration of the property present compelling possibilities for its next chapter. Envision a singular custom waterfront estate surrounded by lush grounds or explore the potential to divide the property and create multiple residences—an exceptional opportunity for a private family compound where generations can live independently while sharing one extraordinary waterfront setting. Any subdivision or redevelopment would be subject to applicable zoning, permitting, and governmental approvals. The property currently contains approximately 8,500 square-foot of living space among two structures, allowing a future owner to consider incorporating existing improvements into a new vision or pursuing a more comprehensive redevelopment of the site. Mature tropical vegetation surrounds the property, creating a natural sense of seclusion, while the expansive shoreline opens to panoramic water views. Multiple existing dockage options provide direct access to the surrounding waterways, further enhancing the property’s connection to Sarasota’s coveted coastal lifestyle. The 1.34-acre site offers substantial space to thoughtfully orient residences and outdoor living areas around the water, with possibilities for resort-style amenities, gardens and gathering spaces that take full advantage of the property’s ...
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Listing Courtesy of: DOUGLAS ELLIMAN
941-867-6199
| Listing Id: | A4709285 |
|---|---|
| List Price: | $10,890,000 |
| Property Type: | Land |
| Property Sub Type: | Residential |
| Status: | Active |
| Tax Annual Amount: | $46,632 |
| Lot Size Square Feet: | 58,292 |
| Lot Size Acres: | 1.34 |
| Waterfront?: | Yes |
| City: | Sarasota |
| County Or Parish: | Sarasota |
| Subdivision Name: | Roberts Point 2 |
| Postal Code: | 34242 |
| Building Area Units: | Square Feet |
| Current Use: | Residential |
| Direction Faces: | West |
| Directions: | US 41 to West on Siesta Drive to left on Roberts Point Road. Property will be on the left |
| Elementary School: | Phillippi Shores Elementary |
| High School: | Sarasota High |
| Listing Contract Date: | 2026-10-22 |
| Ownership: | Fee Simple |
| Living Area Units: | Square Feet |
| Lot Features: | In County |
| Lot Size Acres: | 1.34 |
| Lot Size Dimensions: | see survey |
| Postal Code Plus4: | 1158 |
| Middle Or Junior School: | Brookside Middle |
| MLS Area Major: | 34242 - Sarasota/Crescent Beach/Siesta Key |
| MLS Area Major: | 34242 - Sarasota/Crescent Beach/Siesta Key |
| Original List Price: | $10,890,000 |
| Parcel Number: | 0078100023 |
| Pets Allowed: | Yes |
| Township: | 37S |
| Road Frontage Type: | County Road |
| Road Surface Type: | Asphalt, Paved |
| Listing Terms: | Cash, Conventional |
| Tax Year: | 2025 |
| Sewer: | Public Sewer |
| Special Listing Conditions: | None |
| Water Body Name: | SARASOTA BAY |
| State Or Province: | FL |
| Utilities: | Public |
| View: | Water |
| Water Source: | Public |
| Public Survey Range: | 17E |
| Public Survey Section: | 01 |
| Zoning: | RSF1 |
| Vegetation: | Trees/Landscaped |
| Waterfront Features: | Bay/Harbor |
| Alternate Key Folio Num: | 0078100023 |
| Calculated List Price By Calcula: | 186.82 |
| Flood Zone Code: | AE, VE |
| For Lease Yn: | No |
| Listing Exclusion Yn: | No |
| Lot Size Square Meters: | 5416 |
| Price Per Acre: | 8126866 |
| Road Frontage Ft: | 225 |
| Sdeo yn: | No |
| Sw Subdiv Community Name: | Roberts Point |
| Total Acreage: | 1 to less than 2 |
| Water Access: | Bay/Harbor, Gulf/Ocean, Intracoastal Waterway |
| Water Access Yn: | Yes |
| Water Extras: | Bridges - No Fixed Bridges, Sailboat Water |
| Water Extras Yn: | Yes |
| Water Frontage Feet Bay Harbor: | 400 |
| Waterfront Feet Total: | 400 |
| Water View: | Yes |
| Association 2 Yn: | 0 |
| Attribution Contact: | 941-867-6199 |
| Originating System Name : | Stellar MLS |
| Dock Description: | Dock - Wood |
| Dock Dimensions: | 1x1 |
| Dock Yn: | Yes |
| Designated Builder Yn: | No |
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Property Last Updated: October 23, 2026 03:17 AM - ET
