Active
$11,400,000
Est. $73,493/mo

487 Meadow Lark Dr, Sarasota, FL, 34236

$1,747/sqft·Bird Key

5 bd8 ba6,527 sqft3 car garageSingle Family
Listed by SOUTH BEACHES REAL ESTATE· Last updated · MLS# TB8501123

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Est. monthly payment
$73,493/mo
Down payment (20%)
$2,280,000
Property taxes
$8,237/mo
HOA
$1,200/yr
Rate assumed
6.8% · 30 yr
View full breakdown

At a glance

Single family
Built 2021
Waterfront
Gulf/Ocean to Bay
Private pool
Heated
3 car garage
Driveway
0.37 acres
Lot size

About this home

Accessibility FeaturesBuilt-in FeaturesCeiling Fans(s)Central VaccumChair RailCoffered Ceiling(s)Crown MoldingDry Bar

487 Meadow Lark Dr is a 2021-built home in Bird Key Sub, Sarasota. Inside you'll find 5 bedrooms, 8 bathrooms, and 6,527 square feet of living space. Listed at $11,400,000 (about $1,747/sqft), 99 days on market. Flood zone X and AE7 - outside the FEMA high-risk areas, which keeps insurance manageable. HOA runs $1,200 annually.

From the listing

Located on Bird Key, a gated community, one of the most sought-after island addresses in Sarasota, this exceptional custom-built French Country Style waterfront estate, built in 2021, offers the ultimate in luxury coastal living. The location is perfect, between Downtown Sarasota, St. Armands Circle, and Lido Key Beach, this amazing residence sits on 135 feet of premier Sarasota Bay frontage with breathtaking wide-open water views and stunning city skyline vistas. This home features an abundance of natural light in every room. Designed for both elegance and functionality, this home offers 5 spacious en-suite bedrooms, including a luxurious first-floor primary suite with a spa-inspired bath. Deep boating waters with no bridges to the Gulf make this property a dream for boating enthusiasts, complete with a private dock and a 24,000-pound boat lift. Outdoor living is elevated with a large, heated saltwater pool featuring a tanning deck, umbrella holder, spa, and expansive entertaining areas. Multiple oversized patios on each floor, a rooftop deck/crow’s nest, and a fully equipped outdoor kitchen with a poolside half bath accessible from both inside and outside create the ideal setting for entertaining and enjoying spectacular sunsets over Sarasota Bay. Inside, sophistication continues with a formal dining room, private office, expansive game / entertainment room with guest bath, and a beautifully finished elevator with rich wood paneling and tile flooring and a kitchen that is every chef’s dream, Wolf appliances, Subzero fridge, 2 dishwashers, granite countertops and breakfast nook. Additional luxury features include hurricane-rated 8 foot windows and doors, generator, 3-car garage with Tesla EV charging station, and high-end finishes throughout. Residents of Bird Key enjoy an exclusive private island lifestyle with deep-water canals, bayfront estates, the renowned Bird Key Yacht Club, and quick access to world-class dining, shopping, arts, golf, tennis, and the renowned The John and Mable Ringling Museum of Art, and award winning white sandy beaches. Bird Key and Sarasota have long attracted high-profile residents including Brian Johnson, Jerry Springer, Martina Navratilova, Lucille Ball, Stephen King, Joe Perry, Dick Vitale Bird Key is more than an address—it is a statement of prestige, privacy, and paradise. Call today for your private showing.

The essentials

Built
2021
Price / sqft
$1,747
On market
135 days
Annual tax
$98,844
HOA
$1,200/yr
Flood zone
X AND AE7 · Low risk
Lot
16,256 sqft
Type
Single Family Residence

Location

487 Meadow Lark Dr
Sarasota, FL, 34236·34236 - Sarasota
Type
Single Family Residence
Year Built
2021
Lot
16,256 sqft
Cooling
Central Air
Heating
Central
Parking
Driveway, Electric Vehicle Charging Station(s), Garage Door Opener, Garage Faces Side, Off Street, Oversized
Pool
Gunite, Heated, In Ground, Outside Bath Access
Waterfront
Gulf/Ocean to Bay
Days on Market
135
Accessibility Features
Built-in Features
Ceiling Fans(s)
Central Vaccum
Chair Rail
Coffered Ceiling(s)
Crown Molding
Dry Bar
Dumbwaiter
Eat-in Kitchen
Elevator
High Ceilings
Living Room/Dining Room Combo
Open Floorplan
Primary Bedroom Main Floor
Solid Wood Cabinets
Split Bedroom
Stone Counters
Tray Ceiling(s)
Vaulted Ceiling(s)
Walk-in Closet(s)
Wet Bar
Window Treatments
Balcony
French Doors
Outdoor Grill
Outdoor Kitchen
Private Entrance
Private Yard
Rain Gutters
Shade Shutter(s)
Sliding Doors
Bar Fridge
Built-in Oven
Dishwasher
Disposal
Dryer
Exhaust Fan
Freezer
Gas Water Heater
Ice Maker
Microwave
Range
Range Hood
Refrigerator
Washer
Homestead exemption on fileFlood Zone X and AE7

Annual Tax (2025)

$98,844

Parcel #

2012-14-0004

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

Bird Key Sub

County

Sarasota

MLS Area

34236 - Sarasota

Lot Size

16,256 sqft

Cul-De-SacPaved
HOA
$1,200/yr
Bird Key Homeowners Association
Date
Event
Price
8/7/2026
Price change
Source: Stellar MLS #TB8501123
$11,400,000-4.2%
$1,747/sqft
4/29/2026
Listed for sale
Source: Stellar MLS #TB8501123
$11,900,000
$1,823/sqft
Est. monthly payment$73,493/mo
Principal & interest$59,456
Property taxes$8,237
Insurance$5,700
HOA$100
Down payment20% · $2,280,000
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%. HOA is the fee reported on the listing. 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: $11,400,000
$11.00M – $11.40M
96.5% – 100% of listTops out right at the list price
80% of listList price
27 of the last 52 home closings in 34236 landed at this number or higher (52%). The median one sat 94 days before it went under contract, and this one is on day 135 after a $500,000 cut.

Sample: 52 closed home sales in 34236 over the last 8 months, Stellar MLS. A starting point, not a guarantee.

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