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New price! Experience the pinnacle of island living on coveted Bay Island on north Siesta Key with this exceptional waterfront residence on deep sailboat water. Enjoy direct access to Sarasota Bay, Big Pass, and the Gulf of Mexico, and quick connections to the Sarasota mainland, making it a boater's paradise. This impressive home boasts an open floor plan, high ceilings, and natural light and offers spectacular views. Step into the soaring two-story foyer, illuminated by a grand atrium window and a stunning chandelier, guiding you into the open-concept layout. The kitchen, a haven for culinary enthusiasts, showcases Cucine Lube cabinetry, granite countertops, a Sub-Zero refrigerator, a Wolf oven, and a Wolf 5-burner natural gas-cook top centered around an elegantly curved oversized island. Adjoining the kitchen, a planning desk overlooks the serene waterway, seamlessly connecting to the open dining area, family room, and living room, featuring a natural gas fireplace with a mother-of-pearl fascia with panoramic views of the pool and waterway through French doors. Completing the main level is a spacious first-floor guest suite, a full and half bath, and a laundry room. Recent enhancements include new LVP flooring, motorized blinds on French doors, and plantation shutters. Ascend the new staircase to the second level, housing two private suites and an expansive IPE wood balcony with access from each suite overlooking the pool, spa, and waterfront. The luxurious owner’s suite invites relaxation with a window seat and a large walk-in closet. Double doors open to a lavish bathroom with separate vanities, a soaking tub, and an oversized two-person glass-enclosed shower. The second suite features a generous bedroom and ensuite bathroom with dual vanities and a shower. The outdoor oasis boasts a fabulous pool and spa, perfect for unwinding or entertaining guests while reveling in mesmerizing sunsets. A sprawling composite dock on Hanson Bayou includes a 16,000-lb. boat lift, dual jet ski dock, and fishing station. Indulge in paddleboarding, fishing, or kayaking from your backyard and frequent visits from playful dolphins. Also, discover an expansive paver pool deck, tropical landscaping, a circular driveway, an irrigation system, a fenced yard, and an insulated, air-conditioned two-car garage. This waterfront gem, featuring recent upgrades including new interior paint, baseboards & trim, LVP flooring, staircase, fireplace surround, carpets, lighting, hardware, water heater, and more, offers excellent weekly rental potential within Sarasota City limits. Close to Siesta Beach, Siesta Village, downtown Sarasota, St. Armands Circle, Sarasota Memorial Hospital, and top-notch schools, this residence epitomizes the ideal island lifestyle in a prime Sarasota location.