1240 HILLVIEW DRIVE SARASOTA FL 34239 MLS #A4688990

1240 HILLVIEW DRIVE
SARASOTA, FL, 34239
$16,950,000
4 Beds
3.5 Baths
4,852 SqFt
0.73 Acres
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MLS #A4688990 image #0
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.

Property Details

Price:
$16,950,000
MLS #:
A4688990
Status:
Active
Beds:
4
Baths:
3.5
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
HARBOR ACRES
Neighborhood:
34239sarasotapinecraft
Listed Date:
Apr 8, 2026
Finished Sq Ft:
4,852
Total Sq Ft:
8,790
Lot Size:
31,859 sqft / 0.73 acres (approx)
Year Built:
1992
CustomWaterfrontPool34239 – Sarasota/pinecraft34239sarasotapinecraftHarbor AcresSouthside ElementarySarasota MiddleSarasota HighWaterLeasing Rules /regulations Per County Ordinance.No MinimumPets Allowed

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Schools

Elementary School:
Southside Elementary
Middle School:
Sarasota Middle
High School:
Sarasota High

Interior

Appliances
Bar Fridge, Built-In Oven, Dishwasher, Disposal, Dryer, Freezer, Range, Range Hood, Refrigerator, Washer, Wine Refrigerator
Bathrooms
3 Full Bathrooms, 1 Half Bathroom
Cooling
Central Air, Zoned
Flooring
Carpet, Marble, Hardwood
Heating
Central, Electric, Natural Gas, Zoned
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)
Laundry Features
Inside, Laundry Room, Washer Hookup
Levels
Three Or More

Exterior

Architectural Style
Custom
Attached Garage YN
1
Construction Materials
Block, Stucco, Wood Frame
Covered Spaces
3
Direction Faces
North
Exterior Features
Balcony, Courtyard, French Doors, Lighting, Storage
Fencing
Fenced
Garage Spaces
3
Lot Features
Cleared, FloodZone, City Lot, Oversized Lot, Street Dead-End
Open Parking YN
1
Other Structures
Storage
Parking Features
Circular Driveway, Driveway, Garage Door Opener, Garage Faces Rear, Garage Faces Side, Ground Level, Open, Oversized
Patio And Porch Features
Covered, Deck, Patio, Porch, Rear Porch
Roof
Concrete, Tile
Security Features
Security Fencing/Lighting/Alarms, Security Gate, Security Lights, Security System Owned, Smoke Detector(s)
Spa Features
Heated, In Ground
View
Water
Waterfront Features
Bay/Harbor
Window Features
Blinds, Rods

Financial

Tax Year
2025
Taxes
$80,000

Map

Community

Subdivisions in SARASOTA

Market Summary

Current real estate data for Single Family in SARASOTA as of May 02, 2026
2,244
Single Family Listed
110
Avg DOM
489
Avg $ / SqFt
$1,500,079
Avg List Price

Property Summary

    Located in the HARBOR ACRES subdivision, 1240 HILLVIEW DRIVE SARASOTA FL is a Single Family for sale in SARASOTA, FL, 34239. It is listed for $16,950,000 and features 4 beds, 4 baths, and has approximately 4,852 square feet of living space, and was originally constructed in 1992. The current price per square foot is $3,493. The average price per square foot for Single Family listings in SARASOTA is $489. The average listing price for Single Family in SARASOTA is $1,500,079. To schedule a showing of MLS#a4688990 at 1240 HILLVIEW DRIVE in SARASOTA, FL, contact your CENTURY 21 Carioti agent at 800-783-8847.

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