$1,480,000
1621 Memory Lane
Sarasota, FL 34231
Property type
Lot size
Price / sq ft
HOA dues
Days on market
Flood zone
About this home
1621 Memory Lane presents a rare opportunity to build a custom bayfront estate on Little Sarasota Bay in the Bayview Acres neighborhood, one of Sarasota’s most strategically positioned mainland waterfront communities. Situated on a quiet no-through street south of Stickney Point Road and west of Tamiami Trail, this expansive .47-acre parcel offers approximately 100 feet of direct frontage on the bay and the scale to design a significant coastal residence with generous outdoor living areas, pool, and the ability to construct a private pier, subject to permitting. The property is offered as a vacant lot for $1,480,000 or as a to-be-built custom residence by The Vision Group priced at $3,980,000, providing flexibility for buyers to bring their own builder or move forward with a fully designed plan. The setting delivers privacy and calm while remaining just minutes from the south bridge to Siesta Key and equally convenient to downtown Sarasota’s dining, arts, and cultural amenities. Continued investment along the U.S. 41 and Siesta Drive corridor, including Benderson’s planned retail and mixed-use development, further strengthens the long-term appeal of this location. The property is especially well suited for buyers transitioning off the barrier islands who want mainland accessibility without sacrificing water views, as well as inland residents ready to elevate to a true bayfront setting without HOA constraints. With limited remaining buildable bayfront parcels of this size and frontage—and new construction next door on a comparable lot estimated at $6 million in value—the economics present a compelling opportunity to build at a meaningful discount to neighboring new construction.
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 history129 days on market
- Status: ActiveApr 17, 2026
- Listed$1,680,000Jan 6, 2026
- Price reduced$1,480,000
Facts & features
- Property type
- Land
- Status
- Active
- Days on market
- 129
- Subdivision
- Not Part Of A Subdivision
- County
- Sarasota
- Price/sq ft
- $72
- Lot size
- 20,485 sq ft
- Lot category
- 1/4 to less than 1/2
- Flood zone
- AE (12115C0144G)
- Annual taxes
- $16,466 (2025)
- Parcel #
- 0109040021
- Zoning
- RSF2
- MLS #
- A4677058
Interior Details
- Direction faces
- East
HOA & Financial
- Total monthly fees
- $0/mo
- Total annual fees
- $0
- CDD
- No
- Ownership
- Fee Simple
Exterior & Construction
- Waterfront
- Yes
- Water access
- Yes
- Water view
- Yes
- Road surface
- Paved
Utilities
- Sewer
- Public Sewer
- Water source
- Public
- Utilities
- Cable Available, Electricity Available
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.
Listing Details
- Listing date
- 2025-12-30
- On market date
- 2026-01-06
- Original list price
- $1,680,000
- MLS area
- 34231 - Sarasota/Gulf Gate Branch
- Listing AOR
- Sarasota - Manatee
- Status changed
- 2026-04-17
- Tax legal description
- COM SW COR OLD 66 FT R/W STICKNEY POINT RD & OLD 66 FT R/W TAMIAMI TR TH S 51-05 W ALG STICKNEY POINT RD 2409.5 FT TO SW R/W AVE D TH S 60-49 E ALG R/W 412 FT TH S 29-11 W 400 FT FOR POB TH S
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
From Stickney Point Road west, left on Avenue D and right onto Memory Lane.
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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 21, 2026 at 8:48 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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