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This is an unrivalled opportunity to build your private estate with 100' waterfront and open views to Sarasota Bay. From the first floor enjoy full bay views. 1 acre of lush, tropical waterfront in one of Sarasota's most enviable locat... more.ions, Oyster Bay Estates. Private and surrounded by majestic oaks with the charm and warmth of this Old Florida property and location. Oyster Bay is in an A-rated school district and convenient to all of Sarasota's amenities, including one of the city's most venerable private clubs, The Field Club. It is a distinguished Sarasota neighborhood featuring a variety of architectural styles, classic old Florida homes, single-story Florida ranchers, executive residences and waterfront mansion estates. Home sites are generously proportioned to make way for large residences, many with water frontage on the Gulf, bay or canals. AE zone and boat dock permitting is almost complete.