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$16,950,000
New Listing

1240 HILLVIEW DRIVE
SARASOTA, FL 34239

For Sale|Single Family Residence|Active
4
Beds
4
Total Baths
3
Full Baths
1
Partial Bath
4,852
SqFt
$3,493
/SqFt
1992
Built
Subdivision:
HARBOR ACRES
County:
Sarasota

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Mortgage Calculator

Monthly Payment (Est.)

$77,333
Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ©2026 Information is deemed reliable but not guaranteed.

Introducing “Gatsby Manor,” set along Hillview Drive, one of Sarasota’s most coveted bayfront addresses, often compared to Port Royal for itsexclusivity and waterfront lifestyle, this rare Harbor Acres estate property spans nearly three-quarters of an acre on deep, boatable water withsweeping, unobstructed Sarasota Bay views stretching south toward Siesta Key and the Gulf of Mexico, representing one of the neighborhood’smost distinguished open-bay offerings where only a select few residences achieve true estate scale. Encompassing more than 8,000 square feetof air-conditioned space with four bedrooms and three-and-a-half baths, the residence is complemented by a grand motor court accommodating15+ vehicles beneath a canopy of majestic grand oaks. Privately approached through wrought-iron gates and a sweeping circular drive anchoredby a multi-tiered fountain, the home opens to a dramatic two-story foyer framing the water beyond. Interiors are defined by soaring ceilings up to22 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 andlarge-scale gatherings, featuring double 36-inch Sub-Zero refrigerators with dual freezer drawers, two dishwashers, and a 60-inch Wolf gas rangewith six burners and infrared dual griddle. The owner’s suite occupies the entire east wing of the main living level, creating a private waterfrontretreat complete with a gas fireplace, sitting area overlooking the pool and bay, dual walk-in closets, and a spa-inspired bath highlighted by asculptural copper soaking tub, dual vanities, and a dedicated luxury makeup area. Upstairs, a second primary-style suite and two additional guestbedrooms 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 animpressive 700+ bottle wine room. This expansive space functions as a true extension of the residence’s living experience—ideal for hostinggatherings, intimate evenings, or celebrations on a grand scale. Outdoor living is equally exceptional, centered around an expansive marbleterrace 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 liftand 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 positionedjust a short stroll to Southside Village’s restaurants and boutiques, minutes from downtown Sarasota’s celebrated arts and cultural district, andonly 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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Listing Snapshot
Price 
$16,950,000
Days On Site 
0 Days
Bedrooms 
4
Inside Area (SqFt) 
4,852 sqft
Total Baths 
4
Full Baths 
3
Partial Baths 
1
Lot Size 
0.73 Acres
Year Built 
1992
MLS® Number 
A4688990
Status 
Active
Property Tax 
$80,000
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Public Records
Friends & Family
Recent Activity
2 hours agoListing updated with changes from the MLS®
2 hours agoListing first seen on site
General Features
Acres 
0.73
Attached Garage 
Yes
Direction Faces 
North
Foundation 
Slab
Garage 
Yes
Garage Spaces 
3
Levels 
Three Or More
Number Of Stories 
3
Parking 
Circular DrivewayDrivewayGarage Door OpenerGarage Faces RearGarage Faces SideOpenOversizedAttached
Pets 
Yes
Property Sub Type 
Single Family Residence
Security 
Secured Garage/ParkingSecurity GateSecurity LightsSecurity System OwnedSmoke Detector(s)
Sewer 
Public Sewer
SqFt Total 
8790
Style 
Custom
Utilities 
Cable AvailableElectricity AvailableNatural Gas AvailableSewer AvailableWater Available
Water Source 
Public
Zoning 
RSFE
Interior Features
Appliances 
Bar FridgeDishwasherDisposalDryerFreezerRangeRange HoodRefrigeratorWasherWine Refrigerator
Cooling 
Central AirZoned
Fireplace 
Yes
Fireplace Features 
Family RoomLiving RoomWood Burning
Flooring 
CarpetMarbleWood
Furnished 
Unfurnished
Heating 
CentralElectricNatural GasZoned
Interior 
ElevatorCathedral Ceiling(s)Crown MoldingOpen FloorplanStone CountersTray Ceiling(s)Vaulted Ceiling(s)Walk-In Closet(s)
Laundry Features 
InsideLaundry RoomWasher Hookup
Spa 
Yes
Window Features 
Blinds
Bedroom 2 
Dimensions - 13x13Level - Third
Bedroom 3 
Dimensions - 12x14Level - Third
Bedroom 4 
Dimensions - 18x12Level - Third
Bonus Room 
Dimensions - 16x13Level - First
Dinette 
Dimensions - 12x9Level - Second
Dining Room 
Dimensions - 16x14Level - Second
Family Room 
Dimensions - 25x17Level - Second
Kitchen 
Dimensions - 18x16Level - SecondFeatures - Breakfast Bar, Kitchen Island, Pantry
Living Room 
Dimensions - 26x23Level - Second
Master Bathroom 
Level - SecondFeatures - Double Vanity
Master Bedroom 
Dimensions - 19x20Level - Second
Office 
Dimensions - 16x13Level - Second
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Exterior Features
Construction Details 
BlockStuccoFrame
Exterior 
BalconyCourtyardLightingStorageDock
Fencing 
Fenced
Lot Features 
ClearedPavedWaterfront
Other Structures 
Storage
Patio And Porch 
CoveredDeckPatioPorchRear Porch
Pool Features 
HeatedIn GroundSalt WaterPrivate
Private Pool 
Yes
Roof 
ConcreteTile
Spa 
Yes
Spa Features 
HeatedIn Ground
View 
Water
Waterfront 
Yes
Waterview 
Water
Windows/Doors 
Blinds
Community Features
Financing Terms Available 
Cash
MLS Area 
34239 - Sarasota/Pinecraft
Roads 
Asphalt
Township 
36
Schools
School District
Unknown
Elementary School
Southside Elementary
Middle School
Sarasota Middle
High School
Sarasota High
Listing courtesy of COLDWELL BANKER REALTY (305) 205-7700



Listing information is provided by Participants of the Stellar MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Properties displayed may be listed or sold by various participants in the MLS Copyright 2026, Stellar MLS.
Last checked: 2026-04-08 09:22 AM EDT

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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