Active
$2,095,000
Est. $12,963/mo

1511 N Lake Shore Dr, Sarasota, FL, 34231

$580/sqft·Oyster Bay Estates

4 bd4 ba3,613 sqft3 car garageSingle Family
Listed by MICHAEL SAUNDERS & COMPANY· Last updated · MLS# A4699567

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Est. monthly payment
$12,963/mo
Down payment (20%)
$419,000
Property taxes
$990/mo
Rate assumed
6.8% · 30 yr
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At a glance

Single family
Built 1950
Private pool
Heated
3 car garage
Driveway
0.47 acres
Lot size
3,613 sqft
Living area

About this home

Built-in FeaturesCeiling Fans(s)High CeilingsKitchen/Family Room ComboPrimary Bedroom Main FloorSolid Wood CabinetsSplit BedroomStone Counters

1511 N Lake Shore Dr is a 1950-built home in Oyster Bay Estates, Sarasota. Inside you'll find 4 bedrooms, 4 bathrooms, and 3,613 square feet of living space. Listed at $2,095,000 (about $580/sqft), 10 days on market. Flood zone X - outside the FEMA high-risk areas, which keeps insurance manageable.

From the listing

Set on nearly half an acre in the heart of Oyster Bay Estates, this beautifully maintained and remodeled residence enjoys one of Sarasota's most sought-after addresses. Perfectly positioned West of the Trail, just minutes from Siesta Key, The Field Club, Southside Village, and downtown Sarasota, it offers an enviable location in the epicenter of Sarasota. Designed entirely on one level, the home spans more than 3,600 square feet with a floor plan that feels just as relevant today as when it was built. A welcoming entrance opens beneath soaring cathedral ceilings, while the living room, family room, kitchen, and outdoor spaces connect effortlessly, creating a natural flow throughout the home. Large sliding glass doors open to the pool and spa, creating a seamless connection between the home's interior living spaces and its treed outdoor entertaining areas. Privately positioned, the primary suite serves as a peaceful retreat with a spacious walk-in closet and an oversized bath. Three additional bedrooms provide comfortable accommodations for family and guests, with one thoughtfully incorporating a built-in office, offering flexibility for those who work from home. Zoned for highly regarded Phillippi Shores Elementary, the home is equally well suited for growing families as it is for those seeking the convenience of single-story living. The open kitchen has been updated with stone countertops and stainless appliances. Equally appealing are the features that provide everyday confidence. Situated in a preferred X flood zone, the home is equipped with a metal roof with enhanced hurricane tie-downs, impact-rated windows and doors, and a private irrigation well. Practical improvements add lasting value while making ownership that much easier. Perhaps its greatest strength is the flexibility it offers. Move in and enjoy it exactly as is or gradually make it your own over time. The location, the lot, and the floor plan provide an exceptional foundation, allowing the next owner to personalize the home without ever compromising what makes it so special.

The essentials

Built
1950
Price / sqft
$580
On market
61 days
Annual tax
$11,880
Flood zone
X · Low risk
Lot
20,581 sqft
Type
Single Family Residence

Location

1511 N Lake Shore Dr
Sarasota, FL, 34231·34231 - Sarasota/Gulf Gate Branch
Type
Single Family Residence
Year Built
1950
Lot
20,581 sqft
Cooling
Central Air
Heating
Central
Parking
Driveway, Garage Door Opener
Pool
Heated, In Ground, Lighting, Screen Enclosure
Days on Market
61
Built-in Features
Ceiling Fans(s)
High Ceilings
Kitchen/Family Room Combo
Primary Bedroom Main Floor
Solid Wood Cabinets
Split Bedroom
Stone Counters
Thermostat
Walk-in Closet(s)
Lighting
Street Lights
Built-in Oven
Cooktop
Dishwasher
Disposal
Dryer
Microwave
Range Hood
Refrigerator
Washer
Wine Refrigerator

Elementary

Phillippi Shores Elementary

Middle

Brookside Middle

High

Riverview High

Districts can re-zone, so verify directly with the district before relying on these.

Flood Zone X

Annual Tax (2025)

$11,880

Parcel #

0077020025

Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.

Subdivision

Oyster Bay Estates

County

Sarasota

MLS Area

34231 - Sarasota/Gulf Gate Branch

Lot Size

20,581 sqft

LandscapedNear MarinaNear Public Transit
Date
Event
Price
8/3/2026
Listed for sale
Source: Stellar MLS #A4699567
$2,095,000
$580/sqft
Est. monthly payment$12,964/mo
Principal & interest$10,926
Property taxes$990
Insurance$1,048
Down payment20% · $419,000
Interest rate6.80%
Loan term

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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.

Offer Insights

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List price: $2,095,000
$2.01M – $2.10M
96.1% – 100% of listTops out right at the list price
80% of listList price
88 of the last 175 home closings in 34231 landed at this number or higher (50%). The median one sat 45 days before it went under contract, and this one is on day 61.

Sample: 175 closed home sales in 34231 over the last 8 months, Stellar MLS. A starting point, not a guarantee.

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