1621 MEMORY LANE, Sarasota, FL 34231

  • $3,980,000
  • $1,680,000
1621 MEMORY LANE, Sarasota, FL 34231
  • A4677041
  • Property ID
  • Single Family Residence, For Sale
  • Property Type
  • 5
  • Bedrooms
  • 8
  • Bathrooms
  • 6987
  • Sqft
  • 2027
  • Year Built
  • 2
  • Garages
Pre-Construction
1621 MEMORY LANE, Sarasota, FL 34231
1621 MEMORY LANE, Sarasota, FL 34231
  • $3,980,000
  • $1,680,000

Description

Pre-Construction. To be built. 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.

  • Address 1621 MEMORY LANE
  • City Sarasota
  • State/county FL
  • Zip/Postal Code 34231

Details

Updated on April 22, 2026 at 5:24 pm
  • Price: $3,980,000
  • Property Size: 6987 Sqft
  • Land Area: 0.47 Acres
  • Bedrooms: 5
  • Bathrooms: 8
  • Garages: 2
  • Garage Size: x x
  • Year Built: 2027

Additional details

  • Roof: Tile
  • Utilities: Cable Available,Electricity Available
  • Sewer: Septic Tank
  • Cooling: Central Air
  • Heating: Electric,Other
  • Flooring: Tile
  • County: Sarasota
  • Property Type: Residential
  • Pool: Heated,In Ground
  • Elementary School: Gulf Gate Elementary
  • Middle School: Brookside Middle
  • High School: Riverview High
  • Waterfront: Bay/Harbor,Intracoastal Waterway
  • Architectural Style: Custom

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