539 NORSOTA WAY Sarasota, FL
$ 8,200,000
Property Attributes
  • MLS#A4485407
  • TypeSingle Family
  • CountySARASOTA
  • CitySarasota
  • AreaSarasota-Crescent Beach-Siesta Key
  • NeighborhoodBay Island
  • Zip34242
  • StyleCustom
  • Year Built1952
  • Taxes42355
  • Price$ 8,200,000
  • Bedrooms6
  • Full Bathrooms5
  • Half Bathrooms2
  • Sqr Footage8964
  • Lot Size0.96 Acres
Listing Provided Courtesy Of:
Property Description

Described by Style Magazine as a “sprawling modern structure with a Bahamian flair,” this nearly one acre of land with four-bedroom home, guest apartment and cabana is a one-of-kind iconic property which is an exquisite homage to luxury bayfront living. The 150’ of direct bay frontage on the highly sought-after north end of Siesta Key is rumored to be the former site of the famed Bay Island Hotel, known for its glittering views of downtown Sarasota, the Ringling Bridge, and deep water boating – now yours to create your own masterpiece or restore the current characterful structures to their original glory. Multiple areas throughout the grounds and interior provide endless opportunities for entertaining and resort-style living, including a dramatic open-air pool terrace, meditative gardens, and an effortless open floorplan that boasts Southwestern, Bahamian and Mediterranean influences. Bright whites, soaring 22’ beamed ceilings, walls of windows, and light Oak flooring all give the home a relaxing coastal ambiance and embrace the stunning postcard setting few get to experience. A main house features four spacious guest suites with unique historic details like claw-foot tubs, hand-painted frescos and palladium windows and the master suite is spa-like and splashed in natural light with a whirlpool tub, oversized walk-in closet and chic work station with beautiful bay views. Other outstanding spaces include a solarium that looks directly out to the pool, cabana and water; a red-brick kitchen with high-end stainless steel appliances from GE and SubZero; and a cozy media room with surround sound, leather seating and home theatre. A guest apartment and cabana make the home truly customizable to suit your lifestyle and family needs. Designed for those who wish to be indulged in comfort, luxury and style, this wonderful estate property is the perfect backdrop to a vibrant Sarasota lifestyle.

Elementary School Middle School High School
Phillippi Shores Elementary Brookside Middle Sarasota High
Price History
12/15/2020 Listed $8,200,000

General Features

Additional Rooms Breakfast Room Separate, Family Room, Formal Dining Room Separate, Inside Utility, Media Room
Appliances Bar Fridge, Built-In Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Refrigerator, Washer
Architectural Style Custom
Attached Garage Yes
Construction Materials Wood Frame, Wood Siding
Cooling Central Air, Zoned
Elementary School Phillippi Shores Elementary
Exterior Features Awning(s), Fenced, French Doors, Hurricane Shutters, Irrigation System, Lighting, Outdoor Shower, Rain Gutters, Shade Shutter(s), Sliding Doors, Storage
Facing Direction South
Flooring Carpet, Ceramic Tile, Wood
Garage Spaces 3
Garage Y/N Yes
Heating Central, Zoned
High School Sarasota High
Homestead Yes
Interior Features Built in Features, Ceiling Fans(s), Crown Molding, Eating Space In Kitchen, High Ceiling(s), Open Floorplan, Skylight(s), Solid Wood Cabinets, Stone Counters, Vaulted Ceiling(s), Walk-In Closet(s), Wet Bar
Levels One
MLS Area 34242 - Sarasota/Crescent Beach/Siesta Key
Middle/Junior High School Brookside Middle
Minimum Lease Period No Minimum
Other Structures Guest House, Other
Parking Features Circular Driveway, Guest, Oversized
Patio/Porch Features Deck, Patio, Side Porch
Pets Allowed Yes
Pool Features Deck, Gunite, In Ground, Lighting
Private Pool Yes
Property SubType Single Family Residence
Property Type Residential
Roof Shingle
Security Features Security System, Smoke Detector(s)
Sewer Public Sewer
Special Listing Conditions None
Status Active
Subdiv Community Name Bay Island
Subdivision Name BAY ISLAND
Terms Cash, Conventional
Township 36S
Utilities BB/HS Internet Available, Natural Gas Available, Sewer Connected, Underground Utilities
View Water
Water Access Type Bay/Harbor, Gulf/Ocean, Intracoastal Waterway
Water Access Y/N Yes
Water Body Name SARASOTA BAY
Waterfront Features Bay/Harbor
Year Built 1952
Zoning RSF1
Zoning Compatible Yn Yes

Interior Features

Fireplace Features Family Room, Living Room, Wood Burning
Fireplace Y/N Yes
Furnished Y/N Unfurnished
Laundry Features Laundry Room
Living Area 8964.00
Total Bedrooms 6

Exterior Features

Building Area Total 10188.00
Fencing Masonry, Other
Foundation Details Slab
Garage Dimensions 24x37
Lot Dimensions 284x150x253x164
Lot Features Flood Insurance Required, FloodZone, In City Limits, Oversized Lot
Lot Size Acres 0.96
Lot Size Square Feet 42013
Vegetation Mature Landscaping
Water Extras Dock - Wood, Dock w/o Water Supply, Sailboat Water, Seawall - Concrete
Water Extras Yn Yes
Water Frontage Feet Bay Harbor 150
Water View Bay/Harbor - Full, Intracoastal Waterway
Water View Y/N Yes
Waterfront Feet Total 150
Waterfront Y/N Yes


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 34242

AVG $2.89M
AVG $16,642
AVG 313
Year Built
AVG 1988
AVG 21
Data Provided by Walkscore ® not using MLS data

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