539 Norsota Way, Sarasota

$7,500,000

6 Beds
7 Baths
8,964 Sqft
.96 Acre
3 Garages

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.

Essential Information
MLS® #A4485407
Price$7,500,000
Bedrooms6
Bathrooms7.00
Full Baths5
Half Baths2
Square Footage8,964
Acres0.96
Year Built1952
TypeResidential
Sub-TypeSingle Family Residence
StyleCustom
StatusPending
Community Information
Address539 Norsota Way
SubdivisionBay Island
CitySarasota
CountySarasota County
StateFL
Zip Code34242
Area

Sarasota/Crescent Beach/Siesta Key

Amenities
# of Garages3
Is WaterfrontYes
WaterfrontBay/Harbor
Has PoolYes
Utilities

BB/HS Internet Available, Sewer Connected, Natural Gas Available, Underground Utilities

Parking

Guest, Oversized, Circular Driveway

Garages

Under Building Parking, , 3 Car Garage

View

In City Limits, Oversized Lot, FloodZone, Flood Insurance Required, Water View

Pool

Gunite, In Ground, Deck, Lighting

Interior
InteriorCarpet, Ceramic Tile, Wood
HeatingCentral, Zoned
CoolingCentral Air, Zoned
FireplaceYes
# of Stories1
StoriesOne
Interior Features

Ceiling Fans(s), Eating Space In Kitchen, High Ceiling(s), Open Floorplan, Stone Counters, Walk-In Closet(s), Built in Features, Crown Molding, Skylight(s), Solid Wood Cabinets, Vaulted Ceiling(s), Wet Bar

Appliances

Built-In Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Refrigerator, Washer, Bar Fridge

Fireplaces

Wood Burning, Family Room, Living Room

Exterior
ExteriorWood Frame, Wood Siding
Lot Description1/2 Acre to 1 Acre
RoofShingle
FoundationSlab
Exterior Features

Fenced, Irrigation System, Lighting, Rain Gutters, Sliding Doors, Storage, Awning(s), French Doors, Hurricane Shutters, Outdoor Shower, Shade Shutter(s), Mature Landscaping

School Information
ElementaryPhillippi Shores Elementary
MiddleBrookside Middle
HighSarasota High
Additional Information
Days on Market63
ZoningRSF1
Listing Details
OfficeMichael Saunders & Company
Property History
Price Reduced from $8,200,000 to $7,500,000
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Listing information last updated on March 7th, 2021 at 6:30pm EST.