Active

$7,500,000

Features:
  • 4 Bedrooms
  • 4 Bathrooms
  • 3788 sq ft
Overview
  • ID: MFRA4687909
  • Bedrooms: 4
  • Bathrooms: 4
  • Size: 3788 sq ft
Property Details
Remarks
Tucked away on highly sought-after Bay Island, just over the North Siesta Key Bridge, 679 Norsota Way is a rare opportunity to own a piece of Sarasota’s architectural history or create something entirely new. Built in 1926, this Mediterranean Revival estate with Spanish Colonial influences sits gracefully on an expansive 2/3-acre lot, offering timeless character, generous scale, and unmatched potential. With 150 feet of deep water bayfront, the homesite is one of the largest on Bay Island's coveted northern edge. The 3,788 sqft two-story residence features 4 bedrooms, 3.5 bathrooms, a dedicated office, and a flexible bonus room, with all bedrooms thoughtfully positioned on the second level. The primary suite is exceptionally spacious and captures breathtaking views overlooking Sarasota Bay, the Ringling Bridge, and the downtown skyline, a daily backdrop that defines true coastal living. Original details and soft historic charm are present throughout, providing a warm and inviting foundation ready to be reimagined. The home has been flood remediated but not remodeled, offering a clean slate for restoration or renovation while preserving its architectural integrity. Importantly, the property is not historically designated, presenting a rare level of flexibility. For those seeking new construction, this exceptional 2/3-acre homesite offers the opportunity to start fresh without the constraints of an HOA or significant building restrictions, an increasingly uncommon advantage in such a premier location. No deed restritions or grand oaks constrain construction. Beyond the main residence, a secondary structure provides a two-car garage and hobby space, ideal for storage, creative pursuits, or future customization. Perfectly positioned just 10 minutes to downtown Sarasota and 5 minutes to the beach, this property blends privacy, proximity, and prestige in one of the area’s most coveted neighborhoods.
Financial Considerations
Price:
$7,500,000
HOA Fee:
N/A
Tax Amount:
$23415
Price per SqFt:
$1979.94
Tax Legal Description:
LOTS 7 8 BAY ISLAND
Exterior Features
Lot Size:
28875
Lot Features:
FloodZone, City Limits, Level, Oversized Lot, Private, Paved
Waterfront:
Yes
Parking Spaces:
N/A
Parking:
Circular Driveway
Roof:
Tile
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
4
Bathrooms:
4
Heating:
Central, Electric
Cooling:
Central Air
Appliances:
None
Furnished:
Yes
Floor:
Other
Levels:
Two
Additional Features
Property Sub Type:
Single Family Residence
Style:
N/A
Year Built:
1926
Construction Type:
Block, Concrete
Garage Spaces:
Yes
Covered Spaces:
N/A
Direction Faces:
South
Pets Allowed:
Yes
Special Condition:
None
Additional Features:
Balcony, French Doors
Additional Features 2:
See City of Sarasota leasing restritcions
Map
  • Address
    679 NORSOTA WAY
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