An exquisite representation of old-Sarasota opulence, 3139 Bay Shore Road offers the charm of traditional Italianate architecture in picturesque Indian Beach/Sapphire Shores, with fabulous contemporary style and luxury features integrated during a recent comprehensive renovation. Over 140 feet of water frontage, with a natural beach directly on Sarasota Bay, add an unparalleled amenity to this gated, private estate. A home of this scale and style, with its expansive water frontage, is rarely available in such close proximity to downtown. Distinguished guests have included heads of state and world-renowned performers and artists. Originally built in 1912 by famed Chicago steel tycoon Marinus van der Kloot and expanded in 2001, the Mediterranean-style home features four bedrooms and three-and-a-half baths in the primary residence. A separate guest house with a kitchen and bath multiplies the space for entertaining and hospitality. Luxurious finishes and fixtures offer a modern complement to the Old Florida beauty of the buildings and landscape. Renovation included new impact glass doors and windows. The spacious main home offers an elegant resort aesthetic with arched windows, neutral tones, recessed lighting and dark wood floors in the primary living spaces. In the kitchen, Porcelanosa tile flooring complements the bespoke, frameless wood-grain cabinetry and pale Caesarstone countertops. A massive island is a chef's dream, with abundant space for prep plus seating adjacent to the den. Top-of-the-line appliances include a Sub-Zero refrigerator, Miele dishwasher, Wolf ovens and gas cooktop. A coffered ceiling and marble fireplace lend grandeur to the main living room, with massive arched windows and double sets of French doors showcasing the terrace and Bay views. Separated from the main living area by a private foyer, the owners' suite features a vaulted, beamed ceiling and incredible natural light that create the sense of a luxurious tropical escape. Double glass doors offer stunning water views and direct access to the terrace. The enormous master bath includes an extra-long double vanity, soaking tub and glass-enclosed walk-in shower with steam. Upstairs guestrooms enjoy en-suite luxury and elevated water vistas with direct access to the bayside balcony that spans the width of the original portion of the home and overlooks the terrace and pool. A third-floor additional living space currently functions as a bedroom yet is convertible to a study, fitness room or media den. The separate guest house, originally the carriage house, includes both bath and kitchen, accommodating ultimate hospitality. Pristine landscaping and an expansive, bayfront coquina-stone terrace surrounding the large pool enhance this home's resort-style living, inviting the ideal indoor-outdoor lifestyle. The impressive gardens were designed by award-winning landscape architect, Richard Anderson. Outbuildings, in addition to the separate guest house, include a two-car carport and a workshop originally constructed in 1912 as a boathouse. Throughout the estate, palm trees, lush foliage and live oaks draped in Spanish moss create the feel of a tropical oasis, all walled and gated to ensure privacy and security. This is a rare opportunity to acquire significant water frontage and direct bay access, with the elegant style of Old Florida and a sense of separation from the real world, all within minutes of downtown Sarasota.