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1621 Memory Lane
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PRICED AT ONLY: $3,980,000

Address: 1621 Memory Lane, SARASOTA, FL 34231

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 Sarasotas 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 $1,680,000 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 Sarasotas dining, arts, and cultural amenities. Continued investment along the U.S. 41 and Siesta Drive corridor, including Bendersons 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 frontageand new construction next door on a comparable lot estimated at $6 million in valuethe economics present a compelling opportunity to build at a meaningful discount to neighboring new construction.
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  • MLS#: A4677041 ( Residential )
  • Street Address: 1621 Memory Lane
  • Viewed: 44
  • Price: $3,980,000
  • Price sqft: $570
  • Waterfront: Yes
  • Wateraccess: Yes
  • Waterfront Type: Bay/Harbor,Intracoastal Waterway
  • Year Built: 2027
  • Bldg sqft: 6987
  • Bedrooms: 5
  • Total Baths: 8
  • Full Baths: 6
  • 1/2 Baths: 2
  • Garage / Parking Spaces: 2
  • Days On Market: 55
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Features
Building and Construction
  • Builder Model: Inspiration Series
  • Builder Name: The Vision Group
  • Covered Spaces: 0.00
  • Exterior Features: Sliding Doors
  • Flooring: Tile
  • Living Area: 4626.00
  • Roof: Tile
Property Information
  • Property Condition: Pre-Construction
Land Information
  • Lot Features: Oversized Lot, Street Dead-End
School Information
  • High School: Riverview High
  • Middle School: Brookside Middle
  • School Elementary: Gulf Gate Elementary
Garage and Parking
  • Garage Spaces: 2.00
  • Open Parking Spaces: 0.00
Eco-Communities
  • Green Energy Efficient: Thermostat, Windows
  • Pool Features: Heated, In Ground
  • Water Source: Public
Utilities
  • Carport Spaces: 0.00
  • Cooling: Central Air
  • Heating: Electric, Other
  • Sewer: Septic Tank
  • Utilities: Cable Available, Electricity Available
Finance and Tax Information
  • Home Owners Association Fee: 0.00
  • Insurance Expense: 0.00
  • Net Operating Income: 0.00
  • Other Expense: 0.00
  • Tax Year: 2025
Other Features
  • Appliances: Convection Oven, Dishwasher, Microwave, Refrigerator
  • Country: US
  • Furnished: Unfurnished
  • Interior Features: Open Floorplan
  • 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
  • Levels: Two
  • Area Major: 34231 - Sarasota/Gulf Gate Branch
  • Occupant Type: Vacant
  • Parcel Number: 0109040021
  • Style: Custom
  • View: Water
  • Views: 44
  • Zoning Code: RSF2

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