Under contract-accepting backup offers. Situated on a superbly landscaped 1.58-acre lot with over 200 feet of bay frontage, this 5,700-square-foot home in sought-after Indian Beach/Sapphire Shores was meticulously reimagined while retaining its historic charm during a three-year renovation completed in 2020 by builder Bruce Saba. Originally built in 1940, the two-story 4-bedroom, 5.5-bathroom home boasts sweeping views of Sarasota Bay, sturdy Hardie plank lap siding, a durable recycled rubber roof, hurricane impact windows & glass doors, & steel gutters. A white wall with a private entry gate welcomes visitors to the estate's expansive paver motor court & porte cochere, providing convenient access to the front entry with an ornate door knocker. Large windows & French doors throughout the residence showcase scenic bay views, captivating gardens, manicured landscaping & mature trees, including a massive ficus tree in the backyard. The thoughtfully curated interior features walnut flooring, exquisite millwork, 12-inch baseboards, stunning lighting fixtures & distinctive decor. Six accordion glass doors in the voluminous formal living room/dining room open to a long covered bayfront terrace & spacious open patio overlooking the sprawling backyard, bay & Longboat Key. Adjacent to the terrace is a sleek tiled pool & spa with a waterfall & outdoor bathroom. The enormous outdoor living space is ideal for entertaining, family activities, pets & viewing sunsets along a pathway beside a small sandy beach & the water. French doors from the patio & pool offer access to a zebra-themed room, which could be used as a pool cabana, den, or formal dining room, & a dazzling kitchen with marble countertops & island/breakfast bar, abundant white cabinetry, eight-burner Wolf range, Wolf convection oven & separate paneled Sub-Zero refrigerator, freezer, & wine cooler. The kitchen also has eye-catching antique wooden doors for separation from the dining area if desired. The main level also has a family room with a striking stone fireplace and wood, glass & wrought-iron sliding doors to a spacious office/study with a full marble bathroom that could serve as a fourth bedroom. Take the elevator or curved walnut staircase with wrought-iron handrails to the second level, featuring an en-suite guest bedroom with large windows facing the bay and front yard & two primary suites with electric shades, custom walk-in closets with built-ins & French doors to a screened bayfront balcony. Both primary bathrooms include marble counters, herringbone tile, sizable vanities, walk-in marble showers and oversized windows. One bathroom has a separate soaking tub while the other is pre-plumbed for a tub. The residence is surrounded by picturesque tropical landscaping, including a koi pond in the front yard with mango, banana & star fruit trees, and a Ylang-Ylang tree with fragrant flowers that are used to make Chanel's classic perfume. The original two-car garage with a bathroom sits on the south side of the property, where traveler's palms were added for additional privacy. Other notable highlights include ceiling fans on the terrace and balconies, landscape lighting, three-car air-conditioned garage with washer and dryer, second-level laundry room, tankless water heaters, two 2023 AC units & original attic with storage. This remarkable waterfront estate is less than a mile south of The Ringling Museum, about 1 1/2 miles to Sarasota airport & a short drive to downtown Sarasota's abundant dining, shopping and cultural arts.