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$11,375,000

1136 N LAKE SHORE DRIVE, SARASOTA, FL 34231

3D Tour
Active48 days on market

Beds

4

Baths

8

Sq Ft

10,234 sq ft

Year Built

1954

Lot Size

1.41 acres

Garage

3

About This Property

Some properties offer a view. This extraordinary 1.41 acre Oyster Bay estate offers an entire waterfront world of its own and is one of the best waterfront locations that Sarasota has to offer, with more than 430 feet along Sarasota Bay and a setting that feels virtually irreplaceable. Spanish and Mediterranean inspired architecture lends warmth, character, and timeless sophistication to this remarkable six bedroom residence, while its expansive shoreline creates a front row seat to spectacular sunsets, passing boats, and the natural beauty of Sarasota’s coastal landscape. With access to the Intracoastal Waterway and Gulf of Mexico, this is a rare opportunity for the luxury buyer who believes life is best lived on the water. Spanning more than 10,000 total square feet, with nearly all principal living areas on one level, the home was created for both grand entertaining and relaxed waterfront living. Dramatic ceilings, distinctive architectural details, expansive windows, and a spectacular gallery space with an interior fountain establish a sense of occasion, while multiple intimate gathering areas make the estate equally comfortable for everyday life. A commercial grade chef’s kitchen with professional appliances is equipped for effortless entertaining, from elegant dinners to large celebrations. The primary suite is a private sanctuary framed by beautiful bay views, featuring an expansive custom wardrobe and an indulgent bath with soaking tub, oversized shower, and dedicated massage and sauna room. Five additional bedroom suites provide exceptional privacy for family and guests, each with its own bath and generous storage. Beyond the interiors, the estate unfolds like a private resort. A swimming pool, tennis court, fitness room, billiard room, private office, three car garage, abundant storage, and permitted dock replacement create a property designed for recreation, relaxation, and life on the water. A new roof completed in 2024 adds further value and peace of mind. The address is equally exceptional. Oyster Bay Estates places you near The Field Club, Siesta Key, Southside Village, Sarasota Memorial Hospital, and Downtown Sarasota, offering remarkable access to world class beaches, boating, fine dining, shopping, arts, and culture while remaining tucked within a prestigious waterfront enclave. For those with an even greater vision, the magnificent acreage and extraordinary bay frontage also present the opportunity to create a completely new custom waterfront estate. The property may offer potential for division into two buildable homesites if the existing residence is removed, subject to verification and applicable approvals. With its commanding Sarasota Bay frontage, boating access, acreage, privacy, and coveted location, 1136 N Lake Shore Drive is not simply a place to live. It is the opportunity to claim an extraordinary piece of Sarasota’s waterfront lifestyle.

Property Overview

Property TypeResidential
Sub TypeSingle Family Residence
MLS #A4703378
StatusActive
Year Built1954
Stories2
Total Rooms13
ConstructionBlock
RoofTile
FoundationSlab
FacesNortheast
SubdivisionOYSTER BAY ESTATES
CountySarasota
OwnershipFee Simple

Interior Features

InteriorBuilt-in Features, Ceiling Fan(s), Crown Molding, High Ceilings, Primary Bedroom Main Floor, Sauna, Skylight(s), Split Bedroom, Thermostat, Tray Ceiling(s), Vaulted Ceiling(s), Window Treatments
FlooringCarpet, Marble, Tile, Hardwood
AppliancesDisposal, Dryer, Electric Water Heater, Washer
LaundryOther
WindowsDrapes, Shades, Shutters, Window Treatments
CoolingCentral Air, Zoned
HeatingCentral
FireplaceYes ()

Exterior & Lot

ExteriorFrench Doors, Lighting, Sliding Doors, Tennis Court(s)
FencingFenced, Other
Other StructuresTennis Court(s)
Lot Size1.41 acres (61,257 sq ft)
Lot FeaturesCul-De-Sac, FloodZone, City Lot, Irregular Lot, Landscaped, Level, Oversized Lot
Road SurfacePaved, Asphalt
ViewWater

Pool & Spa

Private PoolYes
Pool FeaturesIn Ground
SpaIn Ground

Waterfront

WaterfrontYes
FeaturesBay/Harbor, Intracoastal Waterway

Utilities

WaterPublic
SewerPublic Sewer
UtilitiesBB/HS Internet Available, Cable Available, Electricity Connected, Sewer Connected, Water Connected

Parking

GarageYes (3 spaces)

HOA & Community

HOANo
Senior CommunityNo

Financial Details

List Price$11,375,000
Annual Taxes$86,399 (2025)
FinancingCash, Conventional
ZoningRSF1
Parcel #0077030010

Schools

ElementaryPhillippi Shores Elementary
MiddleBrookside Middle
HighRiverview High

Directions

US41 to west on Field road, right onto Camino Real, left onto N Lakeshore Drive to property.

Location

1136 N LAKE SHORE DRIVE, SARASOTA, FL 34231

Listing Information

OfficeCOMPASS FLORIDA LLC
ListedAugust 19, 2026

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Home Price

$11,375,000

20% ($2,275,000)
6.75%

Loan Term

Principal & Interest$59,022
Property Tax (est.)$10,427
Insurance (est.)$150
Total Monthly$69,600
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Listing information is deemed reliable but not guaranteed. All measurements and data should be independently verified. This information is provided by the Stellar MLS. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. 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. Data last updated: August 20, 2026.

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