1240 HILLVIEW DRIVE Sarasota, FL $ 16,950,000
1240 HILLVIEW DRIVE
$ 16,950,000
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1240 HILLVIEW DRIVE

Sarasota, FL, 34239
$ 16,950,000
Bedrooms4 Baths3.1 Sq 4,852

Monthly Estimate*

$ 104,364

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Single Family Home for sale in Sarasota, FL

for $16,950,000 with 4 bedrooms and 3 full baths, 1 half bath. This 4,852 square foot home was built in 1992 on a lot size of 0.73.

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 wetbar—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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Single Family Active

Price

$ 16,950,000

Bedrooms

4

Full Bath

3

Half Bath

1

Property Type

Single Family

Taxes

$ 80,000

Style

Custom

Lot Size

0.73

Year Built

1992

Town/City

Sarasota

County/Region

Sarasota

MLS | Web ID

A4688990

Features
General
Sewer Public Sewer
Heating Central Electric Natural Gas Zoned
Cooling Central Air Zoned
Utilities BB/HS Internet Available Cable Available Electricity Available Natural Gas Available Public Sewer Available Sprinkler Well Water Available
Roof Concrete Tile
Appliances Bar Fridge Built-In Oven Dishwasher Disposal Dryer Freezer Range Range Hood Refrigerator Washer Wine Refrigerator
Zoning RSFE
Garage Spaces 3
Patio/Porch Features Covered Deck Patio Porch Rear Porch
Architectural Style Custom
Pool Features Heated In Ground Salt Water
Security Features Security Fencing/Lighting/Alarms Security Gate Security Lights Security System Owned Smoke Detector(s)
Construction Materials Block Stucco Wood Frame
Pets Allowed Yes
Year Built 1992
View Water
Levels Three Or More
Property Subtype Single Family Residence
Tax Year 2025
Ownership Fee Simple
Waterfront Features Bay/Harbor
County Sarasota
New Construction false
Property Type Residential
Attached Garage true
Subdivision Name HARBOR ACRES
Facing Direction North
Garage Y/N true
Other Structures Storage
Total Rooms 12
Full Baths 3
Status Active
Directions US 41 to Hillview Dr. to 1240 1240 is on the Left.
High School Sarasota High
City SARASOTA
Senior Community Y/N false
MLS Area 34239 - Sarasota/Pinecraft
Lot Size Units Square Feet
Lot Size Square Feet 31859
Carport Y/N false
Listing Terms Cash
Spa Features Heated In Ground
Elementary School Southside Elementary
Land Lease Y/N false
Tax Annual Amount 80000
Home Warranty Y/N false
Middle/Junior High School Sarasota Middle
Property Condition Completed
Additional Parcels Y/N false
Lease Considered Y/N true
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Occupancy Type Owner
Tax Lot 153
Legal Description LOT 153 HARBOR ACRES SEC 2
Water View Bay/Harbor - Full Intracoastal Waterway
Water Access Type Bay/Harbor Intracoastal Waterway
Minimum Lease No Minimum
Water Access Y/N true
Additional Rooms Breakfast Room Separate Den/Library/Office Family Room Formal Dining Room Separate Formal Living Room Separate Inside Utility Storage Rooms
Water View Y/N true
Flood Zone Code AE
DockY/N true
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Interior
Interior Amenities 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)
Flooring Carpet Marble Hardwood
Furnished Y/N Unfurnished
Fireplace Features Family Room Living Room Master Bedroom Wood Burning
Total Stories 3
Air Conditioning Y/N true
Heating Y/N true
Window Features Blinds Rods
Fireplace Y/N true
Half Baths 1
Laundry Features Inside Laundry Room Washer Hookup
Total Bedrooms 4
Total Baths 4
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Exterior
Exterior Amenities Balcony Courtyard French Doors Lighting Storage
Vegetation Mature Landscaping Oak Trees Trees/Landscaped
Fencing Fenced
Parking Features Circular Driveway Driveway Garage Door Opener Garage Faces Rear Garage Faces Side Ground Level Open Oversized
Lot Features Cleared FloodZone City Lot Oversized Lot Street Dead-End
Water Source Public
Lot Size Area 31859
Foundation Details Slab
Spa true
Building Area Total 8790
Lot Dimensions 309 x 101 x 345 x 100
Lot Size Acres 0.73
Road Surface Type Paved Asphalt
Private Pool true
Waterfront Y/N true
Covered Spaces 3
Road Frontage Type Street Dead-End Street Paved
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* Excluded Features
List By
Coldwell Banker Realty

Broker

ryan@ackermangroup.net

Email

Affordability Calculator

$111,031
Per Month
94%
6%
0%
Monthly Principal & Interest
$104,364
Monthly Property Taxes
$6,667
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
0 Elementary School
0 Middle School
Sarasota High High School High School
Pricing History
DatePricePrice ChangeDescription
4/8/2026$16,950,000 Listed Price

Map


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1240 HILLVIEW DRIVE, Sarasota, FL, 34239 is a Single Family Home for sale at $16,950,000 with 4,852 sqft and a lot size of 0.73. 1240 HILLVIEW DRIVE has 4 bedrooms, 3.1 baths, and was built in 1992. The property's zip code is 34239 which is in Sarasota, FL