1136 N Lake Shore Drive

SARASOTA, FL
$ 11,375,000 Beds 4 Baths 7 Sq 10,234 Virtual Tour
Monthly Estimate* How much can I afford?

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.

Active

  • Price
  • $ 11,375,000
  • City
  • SARASOTA
  • Bedrooms
  • 4
  • Full Bathrooms
  • 6
  • County
  • Sarasota
  • Half Bathrooms
  • 2
  • Area
  • Sarasota/Gulf Gate Branch
  • Lot Size
  • 1.41 Acres
  • Zip
  • 34231
  • Sqr Footage
  • 10,234
  • Year Built
  • 1954
  • Taxes
  • $ 86399
  • Style
  • Custom Mediterranean
  • MLS#
  • A4703378
Listed By: COMPASS FLORIDA LLC with 941-279-3630. - 941-279-3630
Data Source: Stellar MLS

Features

General

Sewer Public Sewer
Heating Central
Cooling Central Air,Zoned
Utilities BB/HS Internet Available,Cable Available,Electricity Connected,Sewer Connected,Water Connected
Possession Close Of Escrow
Roof Tile
Appliances Disposal,Dryer,Electric Water Heater,Washer
Zoning RSF1
Garage Spaces 3
Patio/Porch Features Patio,Screened
Architectural Style Custom,Mediterranean
Pool Features In Ground
Construction Materials Block
Pets Allowed Yes
Year Built 1954
View Water
Levels Two
Property Subtype Single Family Residence
Tax Year 2025
Ownership Fee Simple
Waterfront Features Bay/Harbor,Intracoastal Waterway
County Sarasota
New Construction false
Property Type Residential
Attached Garage true
Subdivision Name OYSTER BAY ESTATES
Facing Direction Northeast
Garage Y/N true
Other Structures Tennis Court(s)
Total Rooms 13
Full Baths 6
Status Active
Directions US41 to west on Field road, right onto Camino Real, left onto N Lakeshore Drive to property.
High School Riverview High
City SARASOTA
Body of Water ROBERTS BAY / INTRACOSTAL
Senior Community Y/N false
MLS Area 34231 - Sarasota/Gulf Gate Branch
Lot Size Units Acres
Lot Size Square Feet 61257
Carport Y/N false
Listing Terms Cash,Conventional
Spa Features In Ground
Elementary School Phillippi Shores Elementary
Land Lease Y/N false
Tax Annual Amount 86399
Middle/Junior High School Brookside Middle
Property Condition Completed
Additional Parcels Y/N false
Lease Considered Y/N true
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Occupancy Type Owner
Tax Lot 6
Legal Description LOTS 6 & 7 BLK A OYSTER BAY ESTATES
Water View Bay/Harbor - Full,Intracoastal Waterway
Water Access Type Bay/Harbor,Gulf/Ocean,Gulf/Ocean to Bay,Intracoastal Waterway
Minimum Lease 1 Month
Water Access Y/N true
Additional Rooms Bonus Room,Den/Library/Office,Family Room,Formal Dining Room Separate
Water View Y/N true
Flood Zone Code AE
In Law Suite YN false
DockY/N true

Interior Features

Interior Amenities Built-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
Flooring Carpet,Marble,Tile,Hardwood
Furnished Y/N Unfurnished
Fireplace Features Family Room,Living Room
Total Stories 2
Air Conditioning Y/N true
Heating Y/N true
Window Features Drapes,Shades,Shutters,Window Treatments
Fireplace Y/N true
Half Baths 2
Laundry Features Other
Total Bedrooms 4
LivingAreaSource Public Records
Total Baths 8

Exterior Features

Exterior Amenities French Doors,Lighting,Sliding Doors,Tennis Court(s)
Vegetation Mature Landscaping
Fencing Fenced,Other
Parking Features Circular Driveway,Driveway,Garage Door Opener,Garage Faces Side,Guest
Lot Features Cul-De-Sac,FloodZone,City Lot,Irregular Lot,Landscaped,Level,Oversized Lot
Water Source Public
Lot Size Area 1.4063
Foundation Details Slab
Spa true
Building Area Total 11720
Lot Size Acres 1.41
Road Surface Type Paved,Asphalt
Private Pool true
Waterfront Y/N true
Covered Spaces 3
Road Frontage Type Street Paved

Amenities

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

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Cape Coral, FL office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Phillippi Shores Elementary Elementary School
Middle School Brookside Middle Middle School
High School Riverview High High School

Price History

8/19/2026 Listed $11,375,000

Property vs Zip Code Average in 34231

Price
AVG $1.38M
$11.38M
Taxes
AVG $8,164
$86,399
Year Built
AVG 1982
1954

1136 N Lake Shore Drive SARASOTA, FL is a Single Family Home for sale at $11375000 with 10234 sqft and a lot size of 1.41 Acres Acre(s). 1136 N Lake Shore Drive SARASOTA has 4 bedrooms, 6 baths and was built in 1954. The property's zip code is 34231 which is in SARASOTA, FL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided 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.