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1621 MEMORY LN
Courtesy of MICHAEL SAUNDERS & COMPANY, Daniel Treiman  Listing Contact: 941-951-6660 
$1,250,000

1621 MEMORY LN

0.47 Acres

Description

1621 Memory Lane presents a rare opportunity to build a custom bayfront estate on Little Sarasota Bay in the Bayview Acres neighborhood, one of Sarasota's most strategically positioned mainland waterfront communities. Situated on a quiet no-through street south of Stickney Point Road and west of Tamiami Trail, this expansive .47-acre parcel offers approximately 100 feet of direct frontage on the bay and the scale to design a significant coastal residence with generous outdoor living areas, pool, and the ability to construct a private pier, subject to permitting. The property is offered as a vacant lot for $1,480,000 or as a to-be-built custom residence by The Vision Group priced at $3,980,000, providing flexibility for buyers to bring their own builder or move forward with a fully designed plan. The setting delivers privacy and calm while remaining just minutes from the south bridge to Siesta Key and equally convenient to downtown Sarasota's dining, arts, and cultural amenities. Continued investment along the U.S. 41 and Siesta Drive corridor, including Benderson's planned retail and mixed-use development, further strengthens the long-term appeal of this location. The property is especially well suited for buyers transitioning off the barrier islands who want mainland accessibility without sacrificing water views, as well as inland residents ready to elevate to a true bayfront setting without HOA constraints. With limited remaining buildable bayfront parcels of this size and frontage--and new construction next door on a comparable lot estimated at $6 million in value--the economics present a compelling opportunity to build at a meaningful discount to neighboring new construction.

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Location

1621 MEMORY LN, SARASOTA, FL 34231

Status

Sold

Date Sold

July 17, 2026
Regina Melman

Regina Melman

TITLE

Multi-Million Dollar Producer

Property Amenities

Area & Lot
Lot Area 0.47 Acres
MLS® ID A4677058
High School Riverview High
Middle School Brookside Middle
Elementary School Gulf Gate Elementary
Water Frontage Bay/Harbor, Intracoastal Waterway
Type Land
Status Sold
Exterior
Water Source Public
Sewer Septic Tank
Lot Features Oversized Lot, Street Dead-End
Utilities Cable Available, Electricity Available
Finance
Sales Price $1,250,000
Real Estate Tax $16,466 yearly

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