An extraordinary opportunity to create a custom waterfront estate on coveted Norsota Way, where spectacular panoramic views stretch across Sarasota Bay to the downtown skyline and Ringling Bridge. Positioned on an exceptional 0.57-acre homesite in the prestigious Bay Island neighborhood of Siesta Key, this rare property offers an impressive 370 feet of combined water frontage, including approximately 168 feet directly on Sarasota Bay and 202 feet along the protected yacht basin. With expansive open-water views, a generous homesite, and exceptional boating access, this is a remarkable setting for a one-of-a-kind Sarasota waterfront residence.
The property's distinctive configuration offers the best of both worlds: sweeping, unobstructed views across the open bay and the convenience of protected water frontage along the adjoining yacht basin. Boating enthusiasts will appreciate direct access to Sarasota Bay, the Intracoastal Waterway, and the Gulf of Mexico, with multiple waterways and destinations within easy reach. The extensive water frontage creates exceptional possibilities for designing a residence that embraces Sarasota's boating lifestyle.
Spanning approximately 25,040 square feet, the cleared homesite provides an expansive canvas for a thoughtfully designed custom estate. Its generous dimensions and remarkable waterfront setting offer opportunities to incorporate substantial indoor and outdoor living spaces, expansive terraces, a resort-style pool, and beautifully landscaped grounds. Imagine walls of glass framing panoramic bay views, generous entertaining areas overlooking the water, and a private outdoor retreat designed around Sarasota's spectacular coastal scenery. The property's concrete seawall, irrigation well, and available public utilities ...
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Listing Courtesy of: COLDWELL BANKER REALTY
941-383-6411
| Listing Id: | A4710222 |
|---|---|
| List Price: | $8,500,000 |
| Property Type: | Land |
| Property Sub Type: | Residential |
| Status: | Active |
| Tax Annual Amount: | $92,036 |
| Lot Size Square Feet: | 25,040 |
| Lot Size Acres: | 0.57 |
| Waterfront?: | Yes |
| City: | Sarasota |
| County Or Parish: | Sarasota |
| Subdivision Name: | Bay Island |
| Postal Code: | 34242 |
| Building Area Units: | Square Feet |
| Current Use: | Residential |
| Direction Faces: | South |
| Directions: | US 41 South, right onto Siesta Dr, right onto Hamilton St, right onto Norsota Way, property is on the left |
| Elementary School: | Phillippi Shores Elementary |
| Fencing: | Chain Link, Fenced |
| High School: | Sarasota High |
| Listing Contract Date: | 2026-10-13 |
| Ownership: | Fee Simple |
| Living Area Units: | Square Feet |
| Lot Features: | Buildable, Cleared, City Limits, Oversized Lot, Paved |
| Lot Size Acres: | 0.57 |
| Lot Size Dimensions: | 105x211x168x202 |
| Postal Code Plus4: | 1031 |
| 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: | $8,500,000 |
| Parcel Number: | 2019070032 |
| Pets Allowed: | Yes |
| Township: | 36 |
| Road Frontage Type: | City Street |
| Road Surface Type: | Paved |
| Tax Year: | 2025 |
| Sewer: | Public Sewer |
| Special Listing Conditions: | None |
| State Or Province: | FL |
| Utilities: | BB/HS Internet Available, Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Water Available |
| View: | City, Water |
| Water Source: | Public |
| Public Survey Range: | 17 |
| Public Survey Section: | 36 |
| Zoning: | RSF1 |
| Waterfront Features: | Bay/Harbor, Canal - Saltwater |
| Alternate Key Folio Num: | 2019070032 |
| Calculated List Price By Calcula: | 339.46 |
| Current Adjacent Use: | Residential |
| Flood Zone Code: | AE |
| Flood Zone Date: | 2024-03-27 |
| Flood Zone Panel: | 12115C0141G |
| For Lease Yn: | No |
| Listing Exclusion Yn: | No |
| Lot Size Square Meters: | 2326 |
| Number Of Wells: | 1 |
| Price Per Acre: | 14912281 |
| Realtor Info: | See Attachments, Sign, Survey Available |
| Road Frontage Ft: | 105 |
| Sdeo yn: | No |
| Sw Subdiv Community Name: | Bay Island |
| Total Acreage: | 1/2 to less than 1 |
| Water Access: | Bay/Harbor, Canal - Saltwater, Gulf/Ocean, Gulf/Ocean to Bay |
| Water Access Yn: | Yes |
| Water Extras: | Seawall - Concrete |
| Water Extras Yn: | Yes |
| Water Frontage Feet Bay Harbor: | 168 |
| Water Frontage Feet Canal Salt: | 202 |
| Waterfront Feet Total: | 370 |
| Water View: | Yes |
| Road Responsibility: | Public Maintained Road |
| Association 2 Yn: | 0 |
| Attribution Contact: | 941-383-6411 |
| Originating System Name : | Stellar MLS |
| Community Association Water Features: | Water Access, Waterfront |
| Designated Builder Yn: | No |
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Property Last Updated: October 21, 2026 02:21 AM - ET
