1137 LAKE SHORE DRIVE
SARASOTA, FL 34231
About this home
Virtually Staged. Panoramic Sarasota Bay views, a gated West of Trail setting in Oyster Bay Estates and an exceptional boating lifestyle define this remarkable waterfront residence overlooking the downtown Sarasota skyline and open waters. Blending timeless architectural details with expansive entertaining spaces and resort-inspired living, the home presents a rare opportunity to experience one of Sarasota’s most sought-after waterfront addresses. Brand-new impact-rated windows and doors are scheduled for installation in August/September 2026, further enhancing the property’s long-term value and storm readiness. A grand arrival sets the tone with travertine stairs leading to stately double entry doors framed by an arched transom window. Inside, expansive living and dining spaces are highlighted by intricate coffered ceilings, artisanal millwork, wainscoting-lined hallways and walls of sliding glass doors designed to maximize natural light while showcasing breathtaking water views. A carved stone gas fireplace anchors the main living area, while seamless indoor-outdoor flow enhances the home’s elevated waterfront atmosphere. Designed for both entertaining and everyday living, the chef’s kitchen features an oversized center island with prep sink, granite countertops, custom wood cabinetry and premium Viking® appliances paired with a Sub-Zero® professional refrigerator. A walk-in pantry with custom organization and an adjoining butler’s pantry with beverage cooler, dishwasher drawers and glass-front cabinetry create exceptional functionality for hosting. Breakfast and casual dining spaces are positioned to capture spectacular waterfront and skyline views from nearly every angle. The great room is surrounded by windows framing Sarasota Bay, lush tropical scenery and the downtown Sarasota skyline, while multiple entertaining bars with beverage coolers, prep sinks, dishwasher drawers and granite countertops provide ideal gathering spaces for family and guests. The primary suite serves as a luxurious private retreat featuring windows overlooking the water, a custom sitting area and a spa-inspired bath with travertine finishes, dual vanities, jetted soaking tub, oversized walk-in shower and custom-designed walk-in closet. A dramatic wood staircase leads to four additional en-suite guest bedrooms, each with access to an enormous balcony showcasing stunning downtown and water views. A three-stop elevator provides convenient access throughout all levels of the residence. The ground-level bonus area seamlessly connects to the resort-style pool deck, creating exceptional flexibility for indoor-outdoor waterfront living. Above the garage, a private guest apartment with separate staircase access offers a living area, kitchenette, spacious bedroom, full bath and private balcony, ideal for extended guests or multigenerational living. Additional highlights include hardwood flooring, plantation shutters, crown molding, custom tray and coffered ceilings, a central vacuum system and extensive architectural detailing throughout. Located minutes from Siesta Key, Southside Village and vibrant downtown Sarasota, this extraordinary Sarasota waterfront estate offers a rare combination of luxury bayfront living, boating access, panoramic sunset views and timeless coastal elegance in one of Sarasota’s premier West of Trail neighborhoods.
Facts & features
Interior
- Bedrooms
- 6
- Bathrooms
- 7
- Living area
- 6,462 sqft
- Heating
- Central, Electric
- Cooling
- Central Air, Zoned
- Flooring
- Tile, Travertine, Wood
- Fireplace
- Yes
- Stories
- 3
- Features
- Built-in Features, Ceiling Fans(s), Central Vaccum, Chair Rail, Coffered Ceiling(s), Crown Molding…
- Appliances
- Bar Fridge, Built-In Oven, Convection Oven, Dishwasher, Disposal, Dryer…
Exterior & lot
- Lot size
- 20,252 sqft (0.46 ac)
- Pool
- Yes
- Waterfront
- Yes
- Roof
- Tile
- Construction
- Block, Stucco, Frame
- Exterior
- Outdoor Grill, Outdoor Kitchen, Private Mailbox, Rain Gutters, Sliding Doors
Parking
- Garage
- 5 spaces
Financial
- HOA dues
- $200 / annually
- Annual tax
- $39,148 (2024)
- Price / sqft
- $1005/sqft
Utilities
- Water
- Public
- Sewer
- Public Sewer
- Utilities
- BB/HS Internet Available, Cable Connected, Electricity Connected, Public, Sewer Connected, Water Connected
Property
- Property type
- Single Family
- Year built
- 2004
- Subdivision
- OYSTER BAY ESTATES
- County
- Sarasota
Assigned schools
- Elementary
- Phillippi Shores Elementary
- Middle
- Brookside Middle
- High
- Riverview High
Listing
- Status
- Active
- Days on market
- 489 days
- MLS #
- MFR748494320
- Source
- Stellar MLS
Listed by Joel Schemmel · DOUGLAS ELLIMAN
Listing data provided by Stellar MLS. Information deemed reliable but not guaranteed.
Sample estimate — not an appraisal
Based on 22 comparable sales within 1 mile of SARASOTA, FL, this home is priced in line with RENA ValiQ.
Reference only. Estimates blend public sale comps, neighbourhood trend and the listing’s own metrics. Final price moves on diligence, terms and timing — RENA is your second read, not your agent.
Estimate your monthly cost
PITI + HOA- Principal & interest
- $32,842/mo
- Property tax
- $3,262/mo
- Home insurance
- $200/mo
- HOA dues
- $17/mo
Opens at 20% down over 30 years at 6.5%, the same assumptions as the answers below. Property tax is this listing's own bill; insurance is left out until you enter a quote, because Florida premiums turn on roof age, elevation and carrier. Every field is editable.
Ask about this property
Answered from this listing’s own figures and the sales around it.
Price history
From the property’s MLS record.
| Date | Event | Price | Change |
|---|---|---|---|
| Jul 2, 2026 | Price reduced | $6,495,000 | −$200,000 |
| Feb 26, 2025 | Listed | $6,695,000 | — |
NeighbourhoodSample data
Reference scores for SARASOTA, FL. Schools, mobility and amenities feed live data once the dedicated provider connection lands.
Location
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