Active
$11,375,000
Est. $72,212/mo

1136 N Lake Shore Dr, Sarasota, FL, 34231

$1,111/sqft·Oyster Bay Estates

4 bd8 ba10,234 sqft3 car garageSingle Family
Listed by COMPASS FLORIDA LLC· Last updated · MLS# A4703378

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Est. monthly payment
$72,212/mo
Down payment (20%)
$2,275,000
Property taxes
$7,200/mo
Rate assumed
6.8% · 30 yr
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At a glance

Single family
Built 1954
Waterfront
Bay/Harbor
Private pool
In Ground
3 car garage
Circular Driveway
1.41 acres
Lot size

About this home

Built-in FeaturesCeiling Fans(s)Crown MoldingHigh CeilingsPrimary Bedroom Main FloorSaunaSplit BedroomThermostat

1136 N Lake Shore Dr is a 1954-built home in Oyster Bay Estates, Sarasota. Inside you'll find 4 bedrooms, 8 bathrooms, and 10,234 square feet of living space. Listed at $11,375,000 (about $1,111/sqft), 1 days on market. Flood zone AE - confirm flood insurance requirements with your lender.

From the listing

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.

The essentials

Built
1954
Price / sqft
$1,111
On market
23 days
Annual tax
$86,399
Flood zone
AE
Lot
61,257 sqft
Type
Single Family Residence

Location

1136 N Lake Shore Dr
Sarasota, FL, 34231·34231 - Sarasota/Gulf Gate Branch
Type
Single Family Residence
Year Built
1954
Lot
61,257 sqft
Cooling
Central Air, Zoned
Heating
Central
Parking
Circular Driveway, Driveway, Garage Door Opener, Garage Faces Side, Guest
Pool
In Ground
Waterfront
Bay/Harbor, Intracoastal Waterway
Days on Market
23
Built-in Features
Ceiling Fans(s)
Crown Molding
High Ceilings
Primary Bedroom Main Floor
Sauna
Split Bedroom
Thermostat
Tray Ceiling(s)
Vaulted Ceiling(s)
Window Treatments
French Doors
Lighting
Sliding Doors
Tennis Court(s)
Disposal
Dryer
Electric Water Heater
Washer

Elementary

Phillippi Shores Elementary

Middle

Brookside Middle

High

Riverview High

Districts can re-zone, so verify directly with the district before relying on these.

Flood Zone AE

Annual Tax (2025)

$86,399

Parcel #

0077030010

Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.

Subdivision

Oyster Bay Estates

County

Sarasota

MLS Area

34231 - Sarasota/Gulf Gate Branch

Lot Size

61,257 sqft

Cul-De-SacFloodZoneCity LimitsIrregular LotLandscapedLevelOversized LotPaved
Date
Event
Price
8/19/2026
Listed for sale
Source: Stellar MLS #A4703378
$11,375,000
$1,111/sqft
Est. monthly payment$72,213/mo
Principal & interest$59,325
Property taxes$7,200
Insurance$5,688
Down payment20% · $2,275,000
Interest rate6.80%
Loan term

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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.

Offer Insights

Choose an offer strength

List price: $11,375,000
$10.97M – $11.38M
96.5% – 100% of listTops out right at the list price
80% of listList price
66 of the last 131 home closings in 34231 landed at this number or higher (50%). The median one sat 47 days before it went under contract, and this one is on day 23.

Sample: 131 closed home sales in 34231 over the last 8 months, Stellar MLS. A starting point, not a guarantee.

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