$16,950,000

1240 Hillview Drive

Sarasota, FL 34239

Active
4
Beds
4
Baths
4,852
Sq Ft
0.73
Acres
1992
Built
WaterfrontWater accessPrivate poolFireplace3-car garage$3,493/sqft
🏠Single Family Residence

Property type

🏗️1992

Year built

📐31,859 sqft

Lot size

📊$3,493

Price / sq ft

🏘️No HOA

HOA dues

📅15

Days on market

🚗3

Garage spaces

🌊AE

Flood zone

About this home

Introducing “Gatsby Manor,” set along Hillview Drive, one of Sarasota’s most coveted bayfront addresses, often compared to Port Royal for its exclusivity and waterfront lifestyle, this rare Harbor Acres estate property spans nearly three-quarters of an acre on deep, boatable water with sweeping, unobstructed Sarasota Bay views stretching south toward Siesta Key and the Gulf of Mexico, representing one of the neighborhood’s most distinguished open-bay offerings where only a select few residences achieve true estate scale. Encompassing more than 8,000 square feet of air-conditioned space with four bedrooms and three-and-a-half baths. The residence is complemented by a grand motor court accommodating 15+ vehicles beneath a canopy of majestic grand oaks. Privately approached through wrought-iron gates and a sweeping circular drive anchored by a multi-tiered fountain, the home opens to a dramatic two-story foyer framing the water beyond. Interiors are defined by soaring ceilings up to 22 ft. in height, exceptional millwork, multiple fireplaces, a striking two-story wood-paneled library, formal dining with 12-foot ceilings, and a wetbar—perfectly blending elegant entertaining with comfortable daily living. The chef’s kitchen is designed to support both everyday living and large-scale gatherings, featuring double 36-inch Sub-Zero refrigerators with dual freezer drawers, two dishwashers, and a 60-inch Wolf gas range with six burners and infrared dual griddle. The owner’s suite occupies the entire east wing of the main living level, creating a private waterfront retreat complete with a gas fireplace, sitting area overlooking the pool and bay, dual walk-in closets, and a spa-inspired bath highlighted by a sculptural copper soaking tub, dual vanities, and a dedicated luxury makeup area. Upstairs, a second primary-style suite and two additional guest bedrooms are accessed via the grand staircase or three-stop elevator, offering privacy and flexibility for family and guests. The 3,800+ square-foot ground-level bonus area serves as the home’s ultimate entertaining environment, featuring a remarkable speakeasy lounge and an impressive 700+ bottle wine room. This expansive space functions as a true extension of the residence’s living experience—ideal for hosting gatherings, intimate evenings, or celebrations on a grand scale. Outdoor living is equally exceptional, centered around an expansive marble terrace surrounding the 25’ × 60’ heated saltwater pool with integrated sun shelf and spa. A brand new deep-water dock with a 20,000 lb. boat lift and seawall replaced in 2017 further enhance the property’s boating capabilities and long-term value. Additional highlights include hurricane-rated garage doors, elevator access to all three levels, a drive-through three-car garage, and extensive storage throughout. Perfectly positioned just a short stroll to Southside Village’s restaurants and boutiques, minutes from downtown Sarasota’s celebrated arts and cultural district, and only four blocks from Sarasota Memorial Hospital. Gatsby Manor offers a truly rare opportunity to enjoy estate-scale open-bay living with deep water, privacy, and exceptional walkability in one of Sarasota’s most prestigious waterfront neighborhoods.

Estimated monthly payment

Principal & interest$85,708
Property taxes$6,667
Home insurance (est.)$7,769

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 history15 days on market

  1. Status: Active
    Apr 8, 2026
  2. Listed$16,950,000
    Apr 8, 2026
  3. Price increased$16,950,000

Virtual Tour

Facts & features

Property type
Residential
Sub type
Single Family Residence
Status
Active
Days on market
15
Subdivision
Harbor Acres
County
Sarasota
Year built
1992
Living area
4,852 sq ft
Price/sq ft
$3,493
Building area
8,790 sq ft (Public Records)
Lot size
31,859 sq ft
Lot category
1/2 to less than 1
Flood zone
AE (12115C0133G)
Garage
3 spaces
Pool
Private pool
Annual taxes
$80,000 (2025)
Parcel #
2037130006
Zoning
RSFE
MLS #
A4688990

Interior Details

Bedrooms
4
Full bathrooms
3
Half bathrooms
1
Flooring
Carpet, Marble, Wood
Appliances
Bar Fridge, Built-In Oven, Dishwasher, Disposal, Dryer, Freezer, Range, Range Hood, Refrigerator, Washer, Wine Refrigerator
Interior features
Cathedral Ceiling(s), Ceiling Fans(s), Central Vaccum, Crown Molding, Elevator, Kitchen/Family Room Combo, Open Floorplan, Solid Wood Cabinets, Split Bedroom, Stone Counters, Tray Ceiling(s), Vaulted Ceiling(s), Walk-In Closet(s)
Laundry
Inside, Laundry Room, Washer Hookup
Stories / Levels
Three Or More
Direction faces
North
Fireplace
Yes

Heating & Cooling

Heating
Central, Electric, Natural Gas, Zoned
Cooling
Central Air, Zoned

Parking

Garage spaces
3
Attached garage
Yes
Parking features
Circular Driveway, Driveway, Garage Door Opener, Garage Faces Rear, Garage Faces Side, Ground Level, Open, Oversized

HOA & Financial

Total monthly fees
$0/mo
Total annual fees
$0
CDD
No
Min lease term
No Minimum
Listing terms
Cash
Ownership
Fee Simple
Available for lease
Yes
Lease restrictions
No
Additional lease restrictions
Leasing rules /regulations per county ordinance.

Exterior & Construction

Exterior features
Balcony, Courtyard, French Doors, Lighting, Storage
Construction materials
Block, Stucco, Frame
Roof
Concrete, Tile
Foundation
Slab
Pool
Private pool
Waterfront
Yes
Water access
Yes
Water view
Yes
Road surface
Asphalt

Utilities

Sewer
Public Sewer
Water source
Public
Utilities
BB/HS Internet Available, Cable Available, Electricity Available, Natural Gas Available, Public, Sewer Available, Sprinkler Well, Water Available

Community

Pets allowed
Yes

Schools

ElementarySouthside ElementaryGreatSchools ↗
MiddleSarasota MiddleGreatSchools ↗
High SchoolSarasota HighGreatSchools ↗

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

RoomLevelDimensions
Bedroom 2Third13x13
Bedroom 3Third12x14
Bedroom 4Third18x12
OfficeSecond16x13
Dining RoomSecond16x14
Family RoomSecond25x17
KitchenSecond18x16
Living RoomSecond26x23
Primary BathroomSecond
Primary BedroomSecond19x20
DinetteSecond12x9
Bonus RoomFirst16x13

Listing Details

Listing date
2026-04-08
On market date
2026-04-08
Original list price
$16,950,000
Occupant type
Owner
MLS area
34239 - Sarasota/Pinecraft
Listing AOR
Sarasota - Manatee
Status changed
2026-04-08
Tax legal description
LOT 153 HARBOR ACRES SEC 2

Flood risk

High riskFEMA Zone AEPanel 12115C0133G

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 Hillview Dr. to 1240, 1240 is on the Left.

More homes like this

MLS GRID

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 April 23, 2026 at 9:28 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.

Ryan Solberg, Broker · MaxLife Realty LLC · FL License #BK3354351 · Equal Housing Opportunity · Full disclaimer · DMCA