For sale Home

Listed Aug 19, 2026

$11,375,000 Est. $75,235/mo

1136 North Lake Shore Drive

  • 4

    Beds

  • 8

    Baths

  • 10,234

    Sq ft

The story

  • Pool
  • Waterfront

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.

Facts & features

Home type

Home

Year built

1954

Floors

2

Lot size

1 acres

Price per sq ft

$1,111

Parking

3-car garage

Included features

  • Pool

    Yes

  • Fireplace

    Yes

  • Cooling

    Central Air, Zoned

  • Heating

    Central

  • Appliances

    Disposal, Dryer, Electric Water Heater, Washer

  • Flooring

    Carpet, Marble, Tile, Wood

  • Roof

    Tile

  • Lot Information

    Cul-De-Sac, Flood Zone, City Limits, Irregular Lot, Landscaped, Level, Oversized Lot, Paved

  • Exterior

    French Doors, Lighting, Sliding Doors, Tennis Court(s)

  • Water Source

    Public

  • Sewer

    Public Sewer

  • View

    Water

Mortgage calculator

Estimated monthly payment

$75,235 /mo

7% rate · 30-yr fixed · 20% down

  • Principal & interest $60,543
  • Property tax $11,375
  • Insurance $3,318

Includes principal, interest, taxes & insurance.

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Listing Broker

COMPASS FLORIDA LLC

Broker Name

COMPASS FLORIDA LLC

Agent

Adnan Dedic