SARASOTA, FLA. (July 31, 2026) — 1157 Westway Drive, a landmark waterfront estate, is being offered publicly for the first time in more than 50 years. Represented by Melodie Palmer, global real estate advisor with Premier Sotheby's International Realty's Downtown Sarasota office, the exceptional property is offered at $14.9 million. View the listing details here.
Occupying 1.34 acres with an extraordinary 247 feet of western-facing shoreline in the coveted Lido Shores community, the estate represents a rare opportunity to acquire one of Sarasota's most historically and architecturally significant waterfront properties. Held by only two families since 1974, both recognized for their enduring contributions to the Sarasota community, the property reflects a legacy that extends well beyond its remarkable setting.
Designed by Seibert Architects, the residence embodies the timeless principles of Sarasota while honoring the firm's lasting influence on the region's environment. Encompassing more than 9,100 square feet, the home offers six bedrooms, four full baths and two half baths, complemented by a distinguished library, billiards room and expansive living spaces oriented to capture sweeping water views throughout.
Thoughtfully envisioned to embrace its spectacular bayfront setting, the residence features gracious entertaining spaces, multiple waterfront terraces and a seamless connection between indoor and outdoor living. The expansive homesite offers exceptional flexibility for a sensitive restoration or the creation of a new world-class waterfront estate, with parcels of this size and prominence becoming increasingly scarce.
QUOTE:
"Opportunities to acquire a property of this significance are exceptionally rare. Its combination of architectural provenance, expansive waterfront and remarkable history creates an offering unlike any other on Sarasota's coastline. This is an extraordinary opportunity to preserve and continue a meaningful chapter of Sarasota's legacy."
- Melodie Palmer, Premier Sotheby’s International Realty
About Premier Sotheby’s International Realty
Headquartered in Naples, Florida, Premier Sotheby’s International Realty has over 1,200 global advisors in 40 locations throughout Florida and North Carolina. Premier Sotheby’s International Realty also benefits from an association with the storied Sotheby's auction house, established in 1744. The brokerage is proudly associated with Peerage Realty Partners. For more information, visit premiersothebysrealty.com.
