609 NORSOTA WAY
Sarasota, FL, 34242 $ 8,500,000
Bedrooms-- Baths0.0 Monthly Estimate*
$ 58,707
for $8,500,000. The lot size is 0.57.
An extraordinary opportunity to create a custom waterfront estate on coveted Norsota Way, where spectacular panoramic views stretch across Sarasota Bay to the downtown skyline and Ringling Bridge. Positioned on an exceptional 0.57-acre homesite in the prestigious Bay Island neighborhood of Siesta Key, this rare property offers an impressive 370 feet of combined water frontage, including approximately 168 feet directly on Sarasota Bay and 202 feet along the protected yacht basin. With expansive open-water views, a generous homesite, and exceptional boating access, this is a remarkable setting for a one-of-a-kind Sarasota waterfront residence. The property's distinctive configuration offers the best of both worlds: sweeping, unobstructed views across the open bay and the convenience of protected water frontage along the adjoining yacht basin. Boating enthusiasts will appreciate direct access to Sarasota Bay, the Intracoastal Waterway, and the Gulf of Mexico, with multiple waterways and destinations within easy reach. The extensive water frontage creates exceptional possibilities for designing a residence that embraces Sarasota's boating lifestyle. Spanning approximately 25,040 square feet, the cleared homesite provides an expansive canvas for a thoughtfully designed custom estate. Its generous dimensions and remarkable waterfront setting offer opportunities to incorporate substantial indoor and outdoor living spaces, expansive terraces, a resort-style pool, and beautifully landscaped grounds. Imagine walls of glass framing panoramic bay views, generous entertaining areas overlooking the water, and a private outdoor retreat designed around Sarasota's spectacular coastal scenery. The property's concrete seawall, irrigation well, and available public utilities add to its appeal as a premier waterfront building opportunity. Located on coveted Norsota Way within the established Bay Island neighborhood, the property is just moments from the mainland and the beaches of Siesta Key. This distinctive waterfront enclave is known for its beautiful homes, mature landscaping, and convenient access to Sarasota's finest amenities. Enjoy nearby Southside Village, with its popular restaurants, boutiques, and neighborhood charm, as well as convenient access to Sarasota Memorial Hospital, Marie Selby Botanical Gardens, and Downtown Sarasota's vibrant dining, shopping, theaters, galleries, and cultural attractions. The world-renowned white sands of Siesta Key Beach, Siesta Key Village, and Sarasota's picturesque bayfront are also just a short drive away.
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FeaturesGeneralSewer Public Sewer
Utilities BB/HS Internet Available Cable Available Electricity Available Natural Gas Available Sewer Available Water Available
Zoning RSF1
Garage Spaces 0
Pets Allowed Yes
View City Water
Tax Year 2025
Current Use Residential
Ownership Fee Simple
Waterfront Features Waterfront Bay/Harbor Canal - Saltwater
Community Features Water Access Waterfront
County Sarasota
Property Type Land
Subdivision Name BAY ISLAND
Facing Direction South
Status Active
Directions US 41 South right onto Siesta Dr right onto Hamilton St right onto Norsota Way property is on the left
High School Sarasota High
City SARASOTA
MLS Area 34242 - Sarasota/Crescent Beach/Siesta Key
Lot Size Units Square Feet
Lot Size Square Feet 25040
Carport Spaces 0
Elementary School Phillippi Shores Elementary
Tax Annual Amount 92036
Middle/Junior High School Brookside Middle
Additional Parcels Y/N false
Virtual Tour https://pix360.com/vtour3/43348/
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Tax Lot 1
Legal Description LOT 1 LESS BEG SE COR OF LOT 1 TH WLY ALG N R/W NORSOTA WAY 54.36 FT TH N 3-55-32 E 220 FT N M/L TO N LINE OF LOT 1 TH ELY 40 FT M/A TO NE COR LOT 1 TH SLY 215.08 FT TO POB & THE E 1/2 OF BOAT
Water View Bay/Harbor - Full
Water Access Type Bay/Harbor Canal - Saltwater Gulf/Ocean Gulf/Ocean to Bay
Water Access Y/N true
Water View Y/N true
Flood Zone Code AE
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ExteriorFencing Chain Link Fenced
Lot Features Buildable Cleared City Lot Oversized Lot
Water Source Public
Lot Size Area 25040
Lot Dimensions 105 x 211 x 168 x 202
Lot Size Acres 0.57
Road Surface Type Paved
Waterfront Y/N true
Covered Spaces 0
Road Frontage Type Street Paved City Street
Road Responsibility Public Maintained Road
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* Excluded FeaturesList ByColdwell Banker RealtyBroker
Professionals@Pettingell.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $58,707
- Monthly Property Taxes
- $7,670
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.375% 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.
Learn more about how to save NearbyLots and land listings in Sarasota, FL
Average List Price $1,540,422
Percent of Sale Price 82%
About Sarasota, FL 55,052 Population
5% Since 2002
$ 46,682 Median Income
45.17 Median Age
16% Households with Children
Trends Information provided by ATTOM Data Solutions.
0 Elementary School
0 Middle School
Sarasota High High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 10/20/2026 | $8,500,000 | | Listed Price |