Tucked away on highly sought after Bay Island, just over the North Siesta Key Bridge, 679 Norsota Way is a rare opportunity to own a piece of Sarasotas architectural history or create something entirely new. Built in 1926, this Mediterranean Revival Spanish Colonial estate sits gracefully on an expansive 2/3 acre lot, offering timeless character, generous scale, and unmatched potential. The property is one of the largest parcels on Bay Island with 150 feet of deep water bayfront, presenting a rare offering for a new waterfront estate with perhaps the most coveted view in Sarasota. The existing 3,788 sqft two story residence captures breathtaking views overlooking Sarasota Bay, the Ringling Bridge, and the downtown skyline, a daily backdrop that defines true coastal living. Importantly, the property is not historically designated, presenting a high level of flexibility. For those seeking new construction, this exceptional 2/3 acre homesite offers the opportunity to start fresh without the constraints of an HOA or significant building restrictions, an increasingly uncommon advantage in such a premier location. No deed restrictions or grand oaks constrain future construction. Perfectly positioned just 10 minutes to downtown Sarasota and 5 minutes to the beach, this property blends privacy, proximity, and prestige in one of the areas most coveted neighborhoods.