Sited on 1.1 acres of direct Bay Front where Sarasota Bay is its widest provides shockingly beautiful open water views along with priceless sunsets for this classic two-story Mediterranean Revival residence. The gated estate is set back from the point where Bay Shore Road curves at Ainsley Place and is called The Etowah named for the Etowah River in north Georgia. The 5,812 sq. ft home will require a major renovation to the original structure and the large extension added to the west of the home in 1992 by local architect Frank Folsom Smith. The historic portion of the home still has an amalgam of well-proportioned rooms, its original light sconces, wood floors, and beautiful arch details. The entry features a vaulted ceiling which leads to the living room centered on a beautiful fireplace as a focal point. The sunroom is surrounded in with windows of original circus glass. The dining room is on scale for entertaining. The adjacent kitchen is privy to an old fashioned back staircase leading to the second level. The 2nd level features the original owner's bedroom claiming front and center position onto the view with 3 other bedrooms on this level. In the added wing, an oversized Great Room, an auxiliary kitchen and large owner's quarters with a walk-in closet and spacious bath provide open water views. An original garage joins the home with separate 2nd level guest quarters.. The covered boathouse is also historically designated. The home has been unoccupied for a considerable period of time. A serious renovation is required. The list price is considered to represent land value.