1621 Memory Lane, Sarasota, FL 34231
- $1,250,000
- Sold Price
- $1,250,000
- List Price
- $1,480,000
- Status
- Sold
- Days on Market
- 162
- Closing Date
- Jul 17, 2026
- MLS#
- A4677058
- Lot Size
- 20,485
- Acres
- 0.47
- Total Acreage
- 1/4 to less than 1/2
- MLS Area Major
- Sarasota/Gulf Gate Branch
Property Description
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.
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Additional Information
- Taxes
- $16465
- Location
- Oversized Lot, Street Dead-End
- Community Features
- No Deed Restriction
- Zoning
- RSF2
- Utilities
- Cable Available, Electricity Available
- Pool
- No Pool
- Elementary School
- Gulf Gate Elementary
- Middle School
- Brookside Middle
- High School
- Riverview High
- Water Name
- Little Sarasota Bay
- Water Extras
- Seawall - Concrete
- Water View
- Bay/Harbor - Full, Intracoastal Waterway
- Water Access
- Bay/Harbor, Gulf/Ocean, Intracoastal Waterway
- Water Frontage
- Bay/Harbor, Intracoastal Waterway
- Flood Zone Code
- AE
- Parcel ID
- 0109040021
- 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
Listing courtesy of MICHAEL SAUNDERS & COMPANY. 941-951-6660
Selling Office: RE/MAX PALM REALTY OF VENICE.Mortgage Calculator
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