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Street View
$2,995,000
Monthly Est:$14,907
3 Beds
- 4 Baths
3 full baths + 1 half bath
3,599sqft
1023 Tocobaga Ln, Sarasota, FL 34236
$2,995,000
$14,907/moEst:
Get Pre-Approved
Single Family Residence
Built in 1994
$166.67/mo HOA
15,433 sqft lot
$832/sq.ft
Description
Sophisticated gated living just moments from the heart of downtown Sarasota. Evoking the timeless elegance of Palm Beach with the warmth of Old Florida charm, this exceptional Spanish Mediterranean residence is tucked within the exclusive gated waterfront enclave of Tocobaga Bay. One of only 9 private residences in the community, ideally positioned just moments from Sarasota's renowned dining, arts, shopping and waterfront attractions. Surrounded by lush tropical landscaping and tranquil water views, the home is thoughtfully designed for both sophisticated entertaining and relaxed everyday living. Expansive interiors are filled with natural light, highlighted by a grand foyer, travertine flooring, oversized floor-to-ceiling picture windows, motorized shades, and custom window treatments throughout. The residence features 3 bedrooms, each with its own en-suite bath, along with a media room or private office and a private 3-stop elevator. The oversized 4-car garage offers exceptional storage and ample spaces for vehicles, golf carts, kayaks, and recreational equipment, while the air-conditioned bonus room appointed with premium finishes including a La Cornue gas cooktop, Sub-Zero refrigerator, custom Campbell Cabinetry, spacious walk-in pantry, oversized center island and Taj Mahal quartz countertops and backsplash. The oversized living room offers an inviting atmosphere for gathering, while the separate formal dining room is perfectly suited for elegant dinners and entertaining. The primary suite serves as a peaceful sanctuary complete with its own Juliette balcony, dual custom walk-in closets, and a spacious en-suite bath. Two additional guest suites occupy the third floor, each with private baths, offering ideal comfort and separation for family and guest. Designed to embrace Sarasota's indoor-outdoor lifestyle, the open-air heated saltwater pool is surrounded by lush tropical landscaping and expansive patio space for lounging and dining. Additional improvements: new tile roof (2023), new irrigation system (2024), updated water heaters (2023 & 2024), electrical panels (2024), and updated A/C units. Residents enjoy access to the community day dock with direct bay access, perfect for boating and waterfront enjoyment. Perfectly located near Sarasota's renowned beaches, St. Armanda Circle, The Bay Park, and the iconic Ringling Bridge, this remarkable residence offers an exceptional lifestyle just minutes from the energy and culture of downtown Sarasota. Offered fully furnished and ready for immediate enjoyment.
- Houzeo last checked: 12 hours ago
- Listing updated: October 20, 2026 at 2:18 pm
- Listing Provided by: Linda Driggs (941) 374-2920 | MICHAEL SAUNDERS & COMPANY (941) 951-6660
- Source: Stellar MLS-FL | MLS#: A4709668

Property Details
Status
Active
Type
Single Family Residence
No. of Stories
3
County
City
Neighborhood
Year Built
1994
HOA Fees
$166.67/mo
Finished Area
3,599 sqft
Lot Size
15,433 sqft lot
Basement Area
- sqft
MLS Name
Stellar MLS
MLS Number
A4709668
MLS Status
Active
Days on Market
4
Cumulative Days on Market
1

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Location
HOA Management
Tocobaga Homeowner Assoc - TJ Arenberg, President
HOA Fees
$2,000/ Annually
Amenities
Amenities and services may be covered by one or multiple associations and service providers.
Security Gate
Disclaimer: Amenities are based on third-party information and may vary; buyers must independently verify all amenities, as information is deemed reliable but not guaranteed.
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 3
Bathrooms: 4
Interior
Heating
Central, Electric
Flooring
Carpet, Tile, Travertine
Window Features
Drapes, Rods, Shades, Shutters, Window Treatments
Exterior Features
Awning(s), Balcony, Courtyard, Lighting, Outdoor Grill, Storage
Sewer
Public Sewer
Cooling
Central Air, Mini Split Unit(s), Zoned
Interior Features
Built In Features, Ceiling Fans(s), Crown Molding, Dry Bar, Elevator, High Ceilings, Smart Home, Solid Wood Cabinets, Split Bedroom, Stone Counters, Thermostat, Walk In Closet(s), Window Treatments
Appliances
Convection Oven, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Range, Range Hood, Refrigerator, Washer, Water Filtration System
Construction
Year Built
Year Built: 1994
Home type
Single Family Residence
Foundation Details
Stilt/on Piling
Property Condition
Completed
Roof
Tile
Architectural Style
Mediterranean
Construction Materials
Block, Stucco
Utilities & Energy
Water Source
Public
Association Amenities
Gated
Laundry Features
Electric Dryer Hookup, Inside, Laundry Room, Sink, Washer Hookup
Security Features
Gated Community, Security Gate, Security System Owned, Smart Security System, Smoke Detector(s)
Pool Features
In Ground, Gunite, Heated, Pool Sweep, Salt Water, Tile
Utilities
Bb/hs Internet Available, Cable Available, Electricity Connected, Fiber Optics, Public, Sewer Connected, Water Connected
Parking Features
Driveway, Garage Door Opener, Garage Faces Side, Oversized, Tandem
Other Features
Community Features
Deed Restrictions, Gated Community No Guard
Patio And Porch Features
Patio
Vegetation
Mature Landscaping, Trees/landscaped
Subdivision Name
Tocobaga Bay
Lot Features
City Limits, Landscaped, Level, Rectangle, Street Dead End, Paved, Private
Price History
| Date | Event | Price |
|---|---|---|
10/19/2026 Source: | Listed for Sale | $2,995,000 -7.85% $832/sqft |
08/17/2026 Source: | Listing Removed | $3,250,000 $903/sqft |
07/10/2026 Source: | Price Decreased | $3,250,000 -4.27% $903/sqft |
06/09/2026 Source: | Price Decreased | $3,395,000 -2.86% $943/sqft |
05/29/2026 Source: | Listed for Sale | $3,495,000 -2.78% $971/sqft |
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Based on information from Stellar MLS® through Oct 23, 2026, 01:30PM as submitted to and distributed by MLS GRID. All data is obtained from various sources and may not have been verified by the broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. The use of the MLS GRID Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS, if any, and as amended from time to time. © 2026 Stellar MLS. All Rights Reserved.
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