Discover the captivating essence of 1136 N Lake Shore Drive in Oyster Bay Estatesa coveted 1.41 acre sanctuary along the pristine waters of Sarasota Bay. This exceptional property is the essence of waterfront living with over 430 feet on the bay creating unparalleled water and sunset views and offering easy access to both the Intracoastal Waterway and the Gulf of Mexico. A setting that beckons for boundless discovery whether it is watching the dolphins play, enjoying a tennis match, relaxing by the pool, reading a book in one of many distinct spaces or watching the ever changing variety of sunsets. This distinguished estate spans six bedrooms, six bathrooms, two half baths and an expansive 10,226 total square feet, almost all of which is on one level. Roof was replaced in 2024. Perfect for those who relish hosting large gatherings, the home has an amazing commercial grade kitchen equipped with professional appliances. A grand gallery room, adorned with soaring ceilings, a loft with wet bar, and a captivating fountain, sets the stage for unforgettable events. The spacious primary suite has water views through the enormous banks of windows, a massive closet with custom organization, and a spa like bathroom with a lavish tub, shower, vanity, and a serene massage and sauna room. Designed for comfort, this residence features five spacious guest bedrooms, each complemented by generous closets and en suite bathrooms. The estate is enriched with amenitiesa 3 car garage, a tennis court, permitted dock replacement, a spacious fitness room, a billiard room, a private well appointed office, and ample storage spaceenhancing its allure and functionality. All this in an amazing location near The Field Club, Siesta Key, Southside Village, Sarasota Memorial Hospital and Downtown Sarasota. Alternatively, this property extends a rare opportunity as a prime lot, offering an ideal canvas to craft your Sarasota waterfront dream home. Harness the essence of one of the area's most coveted locations and one of the most exceptional waterfront home sites in all of Sarasota. It may be possible to divide the lot into two buildable lots if the existing home is removed.