New price - $550,000 reduction! An exceptional location for serious boaters who value deep sailboat water and quick access to Sarasota Bay, Big Pass and the Gulf of Mexico. Experience the best of waterfront living and the Siesta Key lifestyle on Bay Island, the coveted northern tip of Siesta Key. For investors, this large six-bedroom home is in an area with impressive vacation rental potential in one of the finest boating locations in the area. Gated and walled, this estate is the ultimate for privacy and living the saltwater island life. Enter an oasis canopied by mature, lush landscaping with mango and avocado trees to the expansive paver motor courtyard which offers parking for numerous cars and toys. With spectacular harbor views from the front door, the home's bright, open floor plan offers soaring beamed ceilings anchored by a wood-burning fireplace in the large dining room. A wall of glass spans the adjoining waterfront great room. An island kitchen, breakfast room, media room, guest suite and one-and-half baths complete the main living level. Two separate second-floor living areas flank this spacious home and are connected by a rooftop deck with an additional observation deck overlooking the pool and large waterfront yard, offering spectacular views of the deep-water boating harbor. The waterfront master suite offers a full bath and office; the upstairs guest wing offers three bedrooms and a full bath. Outdoors, relax in the sun by the oversized waterfront pool. Boasting 90 feet of waterfront, the large dock and 15,000-pound boat lift with water and electric offer an array of outdoor fun – just minutes to the bay and Gulf to savor fabulous Siesta Key sunsets or fish, paddleboard and kayak from your own dock; you'll enjoy colorful sunrises and amazing marine life, including dolphin and manatee. Plans are included for a two-story, guesthouse/multi-bay expansion of the air-conditioned two-car garage. Natural gas-powered generator and underground lines. Conveniently located, the famous white quartz Siesta Beach sand and azure Gulf water are minutes away. Sarasota's vibrant downtown with restaurants, shopping, entertainment, and cultural events is a short 10 minutes by auto over the Siesta Drive Bridge.