8790 SQ FT

Year 1992

12 ROOMS

0.73 ACRES

4 BEDS

3/1 BATHS

N/A CAR(S)

A4710661

SARASOTA Home Residence for Sale

1240 HILLVIEW DRIVE, SARASOTA FL 34239

Introducing “Gatsby Manor,” set along Hillview Drive, one of Sarasota’s most coveted bayfront addresses, often compared to Port Royal for its exclusivity and waterfront lifestyle, this rare Harbor Acres estate property spans nearly three-quarters of an acre on deep, boatable water with sweeping, unobstructed Sarasota Bay views stretching south toward Siesta Key and the Gulf of Mexico, representing one of the neighborhood’s most distinguished open-bay offerings where only a select few residences achieve true estate scale. Encompassing more than 8,000 square feet of air-conditioned space with four bedrooms and three-and-a-half baths. The residence is complemented by a grand motor court accommodating 15+ vehicles beneath a canopy of majestic grand oaks. Privately approached through wrought-iron gates and a sweeping circular drive anchored by a multi-tiered fountain, the home opens to a dramatic two-story foyer framing the water beyond. Interiors are defined by soaring ceilings up to 22 ft. in height, exceptional millwork, multiple fireplaces, a striking two-story wood paneled library, formal dining with 12-foot ceilings, and a wet bar—perfectly blending elegant entertaining with comfortable daily living. The chef’s kitchen is designed to support both everyday living and large-scale gatherings, featuring double 36-inch Sub-Zero refrigerators with dual freezer drawers, two dishwashers, and a 60-inch Wolf gas range with six burners and infrared dual griddle. The owner’s suite occupies the entire east wing of the main living level, creating a private waterfront retreat complete with a gas fireplace, sitting area overlooking the pool and bay, dual walk-in closets, and a spa-inspired bath highlighted by a sculptural copper soaking tub, dual vanities, and a dedicated luxury makeup area. Upstairs, a second primary-style suite and two additional guest bedrooms are accessed via the grand staircase or three-stop elevator, offering privacy and flexibility for family and guests. The 3,800+ square-foot ground-level bonus area serves as the home’s ultimate entertaining environment, featuring a remarkable speakeasy lounge and an impressive 700+ bottle wine room. This expansive space functions as a true extension of the residence’s living experience—ideal for hosting gatherings, intimate evenings, or celebrations on a grand scale. Outdoor living is equally exceptional, centered around an expansive marble terrace surrounding the 25’ × 60’ heated saltwater pool with integrated sun shelf and spa. A brand-new deep-water dock with a 20,000 lb. boat lift and seawall replaced in 2017 further enhance the property’s boating capabilities and long-term value. Additional highlights include hurricane-rated garage doors, elevator access to all three levels, a drive-through three-car garage, and extensive storage throughout. Perfectly positioned just a short stroll to Southside Village’s restaurants and boutiques, minutes from downtown Sarasota’s celebrated arts and cultural district, and only four blocks from Sarasota Memorial Hospital. Gatsby Manor offers a truly rare opportunity to enjoy estate-scale open-bay living with deep water, privacy, and exceptional walkability in one of Sarasota’s most prestigious waterfront neighborhoods.

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Amenities & Features

Listing Details

Price

$14,950,000

Year Built

1992

SQ FT

8790

Levels

Three Or More

Lot Size

0.73 ACRES

Tax Key

2037130006

TaxYear

2025

Property Taxes

$80,000

Exclusions

N/A

Property Type

Single Family Residence

Zoning

RSFE

Property Status

Active

MLS#

A4710661

Interior Features

Included Appliances

Bar Fridge

Built-In Oven

Dishwasher

Disposal

Dryer

Freezer

Range

Range Hood

Refrigerator

Washer

Wine Refrigerator

Interior Features

Cathedral Ceiling(s)

Ceiling Fan(s)

Central Vacuum

Crown Molding

Elevator

Kitchen/Family Room Combo

Open Floorplan

Solid Wood Cabinets

Split Bedroom

Stone Counters

Tray Ceiling(s)

Vaulted Ceiling(s)

Walk-In Closet(s)

Exterior Features

Architectural Style

Custom

Construction Materials

Block, Stucco, Wood Frame

Lot Features

Cleared, FloodZone, City Lot

Parking Features

Circular Driveway, Driveway, Garage Door Opener, Garage Faces Rear, Garage Faces Side

Exterior Features

Balcony,Courtyard,French Doors,Lighting,Storage,,,,,,

Other Structures

Storage,,,,,,,,,,

Storage

Private Pool

Balcony

Courtyard

French Doors

Lighting

Storage

Waterfront Features

Bay/Harbor

Heating & Cooling

Heating

Central

Electric

Natural Gas

Cooling

Central Air

Zoned

Utilities

BB/HS Internet Available

Cable Available

Electricity Available

Natural Gas Available

Public

Sewer Available

Sprinkler Well

Water Available

Water Source

Public

Data Source

Propert ID: A4710661
Source: Stellar MLS All Rights Reserved.

Photos, Videos & Tours

$14,950,000

1240 Hillview Drive, Sarasota FL 34239

Listed by COLDWELL BANKER REALTY

SARASOTA

About Sarasota

On Florida’s Southwest Coast, Sarasota offers the best of both worlds, with a combination of big-city living and close access to pristine natural areas and beautiful islands.

Community Population

N/A

Community Area

N/A SQ/MILES

Community Suburb of

Sarasota County

Community Lifestyle

N/A

FOUNDER | CEO

Suzanne Powers

Naples Boutique Broker®

239.682.7476

suzanne@powersrealty.com

Powers Realty Group - Naples / Marco Island

780 Fifth Avenue South, Suite #200
Naples, FL 34102

Suzanne Powers

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1240 HILLVIEW DRIVE

$14,950,000

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