$6,495,000
1137 Lake Shore Drive
Sarasota, FL 34231
Listing updated: May 28, 2026 at 9:35 AM ET
Property type
Year built
Lot size
Price / sq ft
HOA dues
Days on market
Garage spaces
Flood zone
About this home
One or more photo(s) has been virtually staged. Panoramic Sarasota Bay views, a gated West of Trail setting in Oyster Bay Estates and an exceptional boating lifestyle define this remarkable waterfront residence overlooking the downtown Sarasota skyline and open waters. Blending timeless architectural details with expansive entertaining spaces and resort-inspired living, the home presents a rare opportunity to experience one of Sarasota’s most sought-after waterfront addresses. Brand-new impact-rated windows and doors are scheduled for installation in August/September 2026, further enhancing the property’s long-term value and storm readiness. A grand arrival sets the tone with travertine stairs leading to stately double entry doors framed by an arched transom window. Inside, expansive living and dining spaces are highlighted by intricate coffered ceilings, artisanal millwork, wainscoting-lined hallways and walls of sliding glass doors designed to maximize natural light while showcasing breathtaking water views. A carved stone gas fireplace anchors the main living area, while seamless indoor-outdoor flow enhances the home’s elevated waterfront atmosphere. Designed for both entertaining and everyday living, the chef’s kitchen features an oversized center island with prep sink, granite countertops, custom wood cabinetry and premium Viking® appliances paired with a Sub-Zero® professional refrigerator. A walk-in pantry with custom organization and an adjoining butler’s pantry with beverage cooler, dishwasher drawers and glass-front cabinetry create exceptional functionality for hosting. Breakfast and casual dining spaces are positioned to capture spectacular waterfront and skyline views from nearly every angle. The great room is surrounded by windows framing Sarasota Bay, lush tropical scenery and the downtown Sarasota skyline, while multiple entertaining bars with beverage coolers, prep sinks, dishwasher drawers and granite countertops provide ideal gathering spaces for family and guests. The primary suite serves as a luxurious private retreat featuring windows overlooking the water, a custom sitting area and a spa-inspired bath with travertine finishes, dual vanities, jetted soaking tub, oversized walk-in shower and custom-designed walk-in closet. A dramatic wood staircase leads to four additional en-suite guest bedrooms, each with access to an enormous balcony showcasing stunning downtown and water views. A three-stop elevator provides convenient access throughout all levels of the residence. The ground-level bonus area seamlessly connects to the resort-style pool deck, creating exceptional flexibility for indoor-outdoor waterfront living. Above the garage, a private guest apartment with separate staircase access offers a living area, kitchenette, spacious bedroom, full bath and private balcony, ideal for extended guests or multigenerational living. Additional highlights include hardwood flooring, plantation shutters, crown molding, custom tray and coffered ceilings, a central vacuum system and extensive architectural detailing throughout. Located minutes from Siesta Key, Southside Village and vibrant downtown Sarasota, this extraordinary Sarasota waterfront estate offers a rare combination of luxury bayfront living, boating access, panoramic sunset views and timeless coastal elegance in one of Sarasota’s premier West of Trail neighborhoods.
Local Insight
At $1,005 per square foot, you're paying a significant premium that's really driven by the direct waterfront location in Oyster Bay Estates rather than the home's 2004 age or overall condition—so make sure the views and water access genuinely justify that price for your lifestyle. The AE and VE flood zones are serious considerations that will affect your insurance costs, required elevations, and resale appeal, so don't overlook a detailed flood risk assessment and discussion with your insurance broker before moving forward. The 0.46-acre lot is intimate for waterfront property, and combined with the 6-car garage and in-law suite, this reads as a full-featured family compound, but you'll want to verify that the home's current elevation and construction actually meet current flood mitigation standards.
AI-generated insight based on listing data and neighborhood context. Verify independently.
Estimated monthly payment
Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.
Price & listing history454 days on market
- Status: ActiveSep 2, 2025
- Listed$6,695,000Feb 26, 2025
- Price reduced$6,495,000
Facts & features
- Property type
- Residential
- Sub type
- Single Family Residence
- Status
- Active
- Days on market
- 454
- Subdivision
- Oyster Bay Estates
- County
- Sarasota
- Year built
- 2004
- Living area
- 6,462 sq ft
- Price/sq ft
- $1,005
- Building area
- 13,697 sq ft (Public Records)
- Lot size
- 20,252 sq ft
- Lot category
- 1/4 to less than 1/2
- Flood zone
- AE, VE
- Garage
- 5 spaces
- Pool
- Private pool
- Annual taxes
- $39,148 (2024)
- Parcel #
- 0077030015
- Zoning
- RSF1
- MLS #
- A4641614
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Interior Details
- Bedrooms
- 6
- Full bathrooms
- 6
- Half bathrooms
- 1
- Flooring
- Tile, Travertine, Wood
- Appliances
- Bar Fridge, Built-In Oven, Convection Oven, Dishwasher, Disposal, Dryer, Freezer, Ice Maker, Microwave, Range, Range Hood, Refrigerator, Washer, Wine Refrigerator
- Interior features
- Built-in Features, Ceiling Fans(s), Central Vaccum, Chair Rail, Coffered Ceiling(s), Crown Molding, Eat-in Kitchen, Elevator, High Ceilings, Kitchen/Family Room Combo, Living Room/Dining Room Combo, Primary Bedroom Main Floor, Stone Counters, Thermostat, Walk-In Closet(s), Wet Bar, Window Treatments
- Laundry
- Inside, Laundry Room
- Stories / Levels
- Three Or More
- Direction faces
- West
- Fireplace
- Yes
- In-law suite
- Yes
Heating & Cooling
- Heating
- Central, Electric
- Cooling
- Central Air, Zoned
Parking
- Garage spaces
- 5
- Attached garage
- Yes
- Parking features
- Covered, Driveway, Garage Door Opener, Garage Faces Side, Golf Cart Parking, Ground Level, Guest, Off Street
HOA & Financial
- HOA fee
- $200 / Annually
- Monthly HOA
- $17/mo
- Total monthly fees
- $17/mo
- Total annual fees
- $200
- CDD
- No
- Homestead exemption
- Yes
- Min lease term
- 1 Month
- Listing terms
- Cash, Conventional
- Ownership
- Fee Simple
- Available for lease
- Yes
- Lease restrictions
- No
- Additional lease restrictions
- Verify with municipality.
Exterior & Construction
- Exterior features
- Outdoor Grill, Outdoor Kitchen, Private Mailbox, Rain Gutters, Sliding Doors
- Construction materials
- Block, Stucco, Frame
- Roof
- Tile
- Foundation
- Slab
- Pool
- Private pool
- Waterfront
- Yes
- Water access
- Yes
- Water view
- Yes
- Road surface
- Asphalt, Paved
Utilities
- Sewer
- Public Sewer
- Water source
- Public
- Utilities
- BB/HS Internet Available, Cable Connected, Electricity Connected, Public, Sewer Connected, Water Connected
Community
- Pets allowed
- Yes
Schools
Letter grades: Florida DOE 2024–25 school grades (Orange, Seminole, Lake, Osceola, Brevard). Assigned schools from the listing agent — verify enrollment with the district.
Room Details
| Room | Level | Dimensions |
|---|---|---|
| Kitchen | Second | 16x17 |
| Living Room | Second | 18x29 |
| Den | Second | 12x14 |
| Primary Bedroom | Second | 17x23 |
| Bedroom 2 | Third | 17x19 |
| Bedroom 3 | Third | 13x14 |
| Bedroom 4 | Third | 14x15 |
| Bedroom 5 | Third | 15x23 |
Listing Details
- Listing date
- 2025-02-26
- On market date
- 2025-02-26
- Original list price
- $6,695,000
- Occupant type
- Owner
- MLS area
- 34231 - Sarasota/Gulf Gate Branch
- Listing AOR
- Sarasota - Manatee
- Status changed
- 2025-09-02
- Tax legal description
- LOT 11, BLK A, OYSTER BAY ESTATES
Flood risk
FEMA Special Flood Hazard Area (1% annual-chance / “100-year” floodplain). Flood insurance is generally required by mortgage lenders.
Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.
Location
Directions
US 41 to Field Road. Turn West on Field Road. Turn on Camino Real, North to North Lake Shore Drive. Follow to 1137 N Lake Shore Drive.
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Listings courtesy of Stellar MLS as distributed by MLS GRID
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Based on information submitted to the MLS GRID as of May 28, 2026 at 9:35 AM ET. 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.
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