LKV Realty
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$3,980,000
$7,200Reward *
1621 MEMORY Lane, Sarasota, FL 34231Listing ID A4677041

1621 MEMORY Lane, Sarasota, FL 34231

Active
NOT PART OF A SUBDIVISION
Time on site: 226 daysLast updated: May 14, 2026
Property Type
Property Type
Residential
Property Sub Type
Property Sub Type
Single Family Residence
Bedrooms
Bedrooms
5
Bathrooms
Bathrooms
8
Square Feet
Square Feet
6,987
Acres
Acres
0.47
Days on Site
Days on Site
226
Cooling
Cooling
Central Air
Heating
Heating
Electric, Other
Year Built
Year Built
2027
Stories
Stories
2
Garages
Garages
2

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.

Property Information

Property Details

Location

Address
1621 MEMORY Lane
County
Sarasota
City
Sarasota
Zip Code
34231
Subdivision
NOT PART OF A SUBDIVISION
High School
Riverview High
Elementary School
Gulf Gate Elementary
MLS Area
34231 - Sarasota/Gulf Gate Branch

Interior Features

Beds and Baths

Bedrooms
5
Full Bathrooms
6
Half Bathrooms
2

Building

Building Information

Square Feet
6,987
Year Built
2027
Stories
2
Construction
Concrete, Stucco
Foundation
Slab
Roof
Tile
Builder Name
The Vision Group

Financial

Special Conditions
None

Property Taxes

Tax Annual Amount
$16,466
Tax Year
2025
MICHAEL SAUNDERS & COMPANY, (941) 951-6660

Market Report for 34231

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: Stellar MLS
Stellar MLS logo

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

For corrections to this data please contact Brytecore MLS Support.

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