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Off Market

1621 Memory Lane

Sarasota FL 34231

20485 sq. ft.
Land
Last sold for $1,250,000
Daniel TreimanDaniel Treiman, last sold this property on 17 July 2026 after 517 days on market.

Overview

1621 Memory Lane presents a rare opportunity to build a custom bayfront estate on Little Sarasota Bay in the Bayview Acres neighborhood, one of Sarasota’s most strategically positioned mainland waterfront communities. Situated on a quiet no-through street south of Stickney Point Road and west of Tamiami Trail, this expansive .47-acre parcel offers approximately 100 feet of direct frontage on the bay and the scale to design a significant coastal residence with generous outdoor living areas, pool, and the ability to construct a private pier, subject to permitting. The property is offered as a vacant lot for $1,480,000 or as a to-be-built custom residence by The Vision Group priced at $3,980,000, providing flexibility for buyers to bring their own builder or move forward with a fully designed plan. The setting delivers privacy and calm while remaining just minutes from the south bridge to Siesta Key and equally convenient to downtown Sarasota’s dining, arts, and cultural amenities. Continued investment along the U.S. 41 and Siesta Drive corridor, including Benderson’s planned retail and mixed-use development, further strengthens the long-term appeal of this location. The property is especially well suited for buyers transitioning off the barrier islands who want mainland accessibility without sacrificing water views, as well as inland residents ready to elevate to a true bayfront setting without HOA constraints. With limited remaining buildable bayfront parcels of this size and frontage—and new construction next door on a comparable lot estimated at $6 million in value—the economics present a compelling opportunity to build at a meaningful discount to neighboring new construction.

Features

20485 sq. ft. lot size
Land

Estimated Value

Based on this property and similar land plots sold in Sarasota over the last 12 months, the estimated median property value of 1621 Memory Lane is $193k.

Median value
$193k
Estimated value range
$47.5k - $2.25m
Median days on market
112
Estimated value trend
4%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Sarasota. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1621 Memory Lane

2026
Sold
$1,250,000
17 Jul 2026 by Daniel Treiman, of MICHAEL SAUNDERS & COMPANY

Happy sellers in Sarasota

88%
88% of sellers in Sarasota reported that their sale price either exceeded or met their price expectations.

Sarasota stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 18 reviews in Sarasota over the last 12 months.

Local market activity for land plots in Sarasota

In the last 12 months, 16 land plots similar to 1621 Memory Lane, have been sold.

This represents a 15% decrease in land plots sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Sarasota

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Joe and Missy Cleary

Sellers who recommend Joe and Missy Cleary have praised them for being local expert, clear communication, friendly, responsive, well-prepared, reliable, and supportive

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Maggie Nasser

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  •   4.9   (133 reviews)
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Carey Beychok

Carey Beychok is a recommended agent for Sarasota.  They have 4 local sales and collected 2 local reviews across the last 12 months.

  •   5   (84 reviews)
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Rania Dargham

Rania Dargham is a recommended agent for Sarasota.  They have 1 local sale and collected 2 local reviews across the last 12 months.

  •   5   (15 reviews)
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  •  1 Sale in Sarasota
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