Under contract-accepting backup offers. Tucked away on a private lane on the northern tip of Siesta Key on Sarasota's Big Pass, at the mouth of the Gulf of Mexico, is the Blue Lantern, a historic Sarasota location. Offered for the first time in decades, an opportunity to build your dream home on this rarely found waterfront. Offering one of the area's most coveted lifestyles, only a few exclusive homesites enjoy this spectacular view. As the value is in the land, the next fortunate owner will likely replace the existing vintage home; a preferred builder and architect are in the planning stages to fully capture the unique beauty of this very special location and view. Seldom is a property available to create a custom estate with such stunning views of Big Pass, South Lido Beach Park, and Bird Key with mesmerizing bay and city skyline views. A near-perfect spot for the boating enthusiast, Big Pass is renowned for its pristine water quality and deep-water boating access to the Gulf of Mexico. Boasting 190 feet of sailboat water frontage on two sides, including rare dockage on Big Pass, and protected water on Bayou Louise. The property lends itself to connecting with the environment through boating, paddleboarding, snorkeling, windsurfing and fishing, all from your private oasis. Discover dolphins, manatees, and an endless array of fish and waterfowl. Savor colorful sunsets, and at night, enjoy sparkling views of downtown Sarasota, Lido Key and Bird Key. Arguably one of the best locations on the island and in all of Sarasota, this highly desirable North Siesta Key location is minutes to the world-famous powdery white sands of Siesta Key Beach and the crystal azure waters of Siesta Key. The quaint shops and alfresco dining spots of Siesta Village are just minutes away, while the vibrant cultural allure of downtown Sarasota can be found just across the bridge. Considered the cultural gem of Florida's west coast, you'll find abundant urban, cultural and social activities including fine dining, a world-renowned art museum, galleries, ballet, symphony, opera, theater and numerous charitable events. Convenient to Sarasota Bradenton International Airport, private aviation and multiple golf courses. Easy access to Tampa, Naples and Miami.