$5,825,000
NEW CONSTRUCTION

527 Freeling Dr Sarasota, FL 34242

Estimated payment $31,452/month

Total Views 6,818
4 Beds
4.5 Baths
4,310 Sq Ft
$1,352 Price per Sq Ft

Highlights

  • 210 Feet of Waterfront
  • Dock has access to electricity and water
  • Under Construction
  • Phillippi Shores Elementary School Rated A
  • Access To Intracoastal Waterway
  • Heated In Ground Pool

About This Home

Under Construction. The exterior presentation of this spectacular waterfront residence is most impressive with its blend of modern architecture and refined luxury. With superior elevation high above the water’s edge on Siesta Key’s prestigious Bay Island, this new to-be-built 4,310 sq. ft. residence is an unparalleled oasis of tranquility in a breathtaking setting. A place where architectural elegance and natural beauty converge in perfect harmony with elaborate artisanal work, functional design, and top-tier amenities. For boaters, the location is ideal with a new seawall and a private dock allowing quick access to the bay and gulf beyond. Built with intention and quality, large windows flood the space with natural light illuminating the graceful enhancements within. When entering the home through the 4-car garage, an elevator takes you to the first and second living levels. An elegant foyer entry with double-height ceiling and sleek iron-railed staircase usher you into the spacious interiors where every detail, from the fluid layout to the custom finishes, is thoughtfully curated. Adding a distinctive touch to the stunning great room are 20-foot ceilings and a two-story entertainment wall flanked by artistic display niches. A wall of glass sliders sets a dramatic tone, framing water views and uniting indoor-outdoor living. Designed for effortless entertaining and timeless family gatherings, the outdoor area overlooks the water to create a tranquil setting that feels both secluded and well-connected. With nearly 500 sq. ft. of covered lanai, an outdoor cook center and a heated pool/spa, there’s ample opportunity for hosting special gatherings or simply enjoying the quiet beauty laid before you. Lovely landscaping, lush greenery and outdoor spaces add to the home's overall aesthetic appeal. A remarkable gourmet kitchen is designed for functionality and style, equipped with high-end finishes, top-tier appliances, a large island and a butler’s pantry with additional refrigerator and dishwasher. An adjoining dining room comfortably seats 8-10 and offers wonderful water views while dining. The primary wing is remarkable with an exquisite spa bath, enlarged customized wardrobe room, and direct access to the laundry facilities. The first level also includes a den suite ideal for remote work or creative pursuits and a completely private guest bedroom with its own full bath. Upstairs, there’s an overlook to the great room below, 2 bedrooms, 2 full baths, and an amazingly-sized bonus room with private balcony. The award-winning and talented team of professionals at Allegra Homes has thoughtfully and expertly created a residence offering a secure, exclusive lifestyle in one of Sarasota's most sought-after and high-value areas. The construction quality is of the highest standard, ensuring that the home is both beautiful and built to last. Just minutes to the mainland, downtown’s cultural mecca, world-class dining and shopping venues, gorgeous area beaches and a top-ranked school system coveted by families for generations, the prized waterfront location couldn’t be better. Showcasing extraordinary craftsmanship throughout, this never-lived-in showplace is the ultimate vision for those who value the very best of coastal Florida living. There’s still time to make your own personal choices for creating the perfect custom home tailored to your family’s taste and style.

Listing Agent

Karen Greco

GRECO REAL ESTATE Brokerage Phone: 941-685-0449 License #0405884 Listed on: 12/15/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,458

Year Built

  • Built in 2026 | Under Construction

Lot Details

  • 0.3 Acre Lot
  • 210 Feet of Waterfront
  • 70 Feet of Salt Water Canal Waterfront
  • 70 Feet of Bayou Waterfront
  • 70 Feet of Canal Waterfront
  • Property fronts a saltwater canal
  • Cul-De-Sac
  • Key Lot That May Back To Multiple Homes
  • Street terminates at a dead end
  • Southwest Facing Home
  • Mature Landscaping
  • Oversized Lot
  • Level Lot
  • Irrigation Equipment
  • Cleared Lot
  • Landscaped with Trees
  • Property is zoned RSF1

Parking

  • 4 Car Attached Garage
  • Basement Garage
  • Ground Level Parking
  • Garage Door Opener
  • Driveway
  • Guest Parking

Property Views

  • Canal
  • Pool

Home Design

  • Home is estimated to be completed on 3/1/27
  • Custom Home
  • Coastal Architecture
  • Elevated Home
  • Bi-Level Home
  • Block Foundation
  • Frame Construction
  • Metal Roof
  • Block Exterior
  • Concrete Perimeter Foundation

Interior Spaces

  • 4,310 Sq Ft Home
  • Open Floorplan
  • Built-In Features
  • Crown Molding
  • High Ceiling
  • Double Pane Windows
  • Insulated Windows
  • Sliding Doors
  • Great Room
  • Combination Dining and Living Room
  • Den
  • Bonus Room
  • Storage Room
  • Inside Utility
  • Storm Windows

Kitchen

  • Walk-In Pantry
  • Butlers Pantry
  • Built-In Oven
  • Cooktop with Range Hood
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Solid Surface Countertops
  • Disposal

Flooring

  • Engineered Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • En-Suite Bathroom
  • Walk-In Closet
  • Single Vanity
  • Private Water Closet
  • Bathtub With Separate Shower Stall
  • Shower Only

Laundry

  • Laundry Room
  • Washer and Electric Dryer Hookup

Accessible Home Design

  • Accessible Elevator Installed

Eco-Friendly Details

  • Energy-Efficient Windows with Low Emissivity
  • Energy-Efficient Insulation
  • Energy-Efficient Doors
  • Energy-Efficient Roof

Pool

  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Gunite Pool
  • Saltwater Pool
  • Pool Alarm
  • Auto Pool Cleaner
  • Pool Lighting

Outdoor Features

  • Access To Intracoastal Waterway
  • Access to Bay or Harbor
  • No Fixed Bridges
  • Access To Bayou
  • Access to Saltwater Canal
  • Seawall
  • No Wake Zone
  • Dock has access to electricity and water
  • Dock made with wood
  • Deeded Boat Dock
  • Covered Patio or Porch
  • Outdoor Kitchen
  • Outdoor Storage

Location

  • Flood Zone Lot
  • Flood Insurance May Be Required

Schools

  • Phillippi Shores Elementary School
  • Brookside Middle School
  • Sarasota High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Thermostat
  • Power Generator
  • 1 Water Well
  • Tankless Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Built by ALLEGRA HOMES
  • Bay Island Shores Subdivision, Luca Floorplan
  • Bay Island Shores Community

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,458

Year Built

Built in 2026 | Under Construction

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential
  • Property Condition: Under Construction
  • Property Sub Type: Single Family Residence
  • Architectural Style: Coastal, Custom
  • Construction Materials: Block, Frame
  • Fireplace: No
  • Living Area: 4310
  • Lot Size Acres: 0.3
  • New Construction: Yes
  • Year Built: 2026
  • Accessibility Features: Accessible Elevator Installed
  • Building Area Total: 7589
  • Lot Size Sq Ft: 12903
  • Status: Active
  • Ownership: Fee Simple
  • Building Area Total Srch Sq M: 705.04
  • Escrow State: FL
  • Minimum Lease: 1 Week
  • RATIO Current Price By Calculate: 1351.51
  • Total Acreage: 1/4 to less than 1/2
  • Water Access YN: 1
  • Property Description: Elevated
  • MFR_InLawSuiteYN: 0
  • MFR_DockDescription: Dock - Slip Deeded On-Site,Dock - Wood,Dock w/Electric,Dock w/Water Supply
  • MFR_DockYN: 1
  • Water Frontage Feet Canal Front: 70
  • Attribution Contact: 941-685-0449
  • Tax Year: 2024
  • Special Features: NewHome

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile, Hardwood
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Interior Amenities: Built-in Features, Crown Molding, Elevator, High Ceilings, Living Room/Dining Room Combo, Open Floorplan, Primary Bedroom Main Floor, Solid Surface Counters, Split Bedroom, Thermostat, Walk-In Closet(s)
  • Appliances Included: Built-In Oven, Cooktop, Dishwasher, Disposal, Exhaust Fan, Microwave, Range, Range Hood, Refrigerator, Tankless Water Heater, Wine Refrigerator
  • Foundation Details: Block, Concrete Perimeter
  • Total Bedrooms: 4
  • Levels: Two
  • Other Equipment: Irrigation Equipment, Generator
  • Spa Features: Heated, In Ground
  • Spa Yn: Yes
  • Window Features: Double Pane Windows, Insulated Windows, Low-Emissivity Windows, Storm Window(s)
  • Additional Rooms: Bonus Room,Den/Library/Office,Great Room,Inside Utility,Storage Rooms
  • Living Area Meters: 400.41

Exterior Features

  • Direction Faces: Southwest
  • Other Structures: Outdoor Kitchen
  • Pool Features: Auto Cleaner, Gunite, Heated, In Ground, Lighting, Pool Alarm, Salt Water
  • Exterior Features: Outdoor Kitchen, Sliding Doors, Storage
  • Roof: Metal
  • Pool Private: Yes
  • View: Pool, Water
  • Water Body Name: ROBERTS BAY
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Patio
  • Road Surface Type: Asphalt, Paved
  • Water Access: Bay/Harbor,Bayou,Canal - Saltwater,Intracoastal Waterway
  • Water Extras: Bridges - No Fixed Bridges,No Wake Zone,Sailboat Water,Seawall - Concrete
  • Water Frontage Feet Canal Salt: 70
  • Water View: Canal
  • Water View YN: 1
  • Waterfront Feet Total: 210
  • Flood Zone Panel: 2 1 1 5 C 0 1 4 1 G
  • Projected Completion Date: 2027-03-01T00:00:00.000
  • Water Frontage Feet Bayou: 70

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 4
  • Garage Yn: Yes
  • Parking Features: Driveway, Garage Door Opener, Ground Level, Guest, Oversized, Basement

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Electricity Available
  • Cooling: Central Air, Zoned
  • Heating: Central, Zoned
  • Laundry Features: Electric Dryer Hookup, Inside, Laundry Room, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Number of Wells: 1

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association 2 YN: 0

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Schools

  • Elementary School: Phillippi Shores Elementary
  • High School: Sarasota High
  • Middle Or Junior School: Brookside Middle

Lot Info

  • Zoning: RSF1
  • Parcel Number: 2019150065
  • Additional Parcels: No
  • Lot Features: Cleared, Cul-De-Sac, Flood Insurance Required, FloodZone, City Limits, Key Lot, Landscaped, Level, Oversized Lot, Street Dead-End, Paved
  • Property Attached Yn: Yes
  • Flood Zone Code: AE

Green Features

  • Efficiency: Doors, Insulation, Roof, Water Heater, Windows

Building Info

  • Builder Name: ALLEGRA HOMES

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Cats OK, Dogs OK, Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: City of Sarasota weekly minimum rental restriction.

Tax Info

  • Tax Annual Amount: 6458.27
  • Tax Book Number: 5-94
  • Tax Lot: 30

Multi Family

  • Waterfront Features: Bayou, Canal - Saltwater, Canal Front

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $6,458 $1,708,200 $1,650,100 $58,100
2024 $6,249 $449,542 -- --
2023 $6,249 $436,449 $0 $0
2022 $6,124 $423,737 $0 $0
2021 $6,087 $411,395 $0 $0
2020 $6,150 $405,715 $0 $0
2019 $5,987 $396,593 $0 $0
2018 $5,886 $389,198 $0 $0
2017 $5,815 $381,193 $0 $0
2016 $5,773 $1,200,100 $939,500 $260,600
2015 $5,858 $1,062,200 $842,400 $219,800
2014 $5,858 $362,379 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/15/2025 12/15/25 For Sale $5,825,000 +242.4% $1,352 / Sq Ft
04/18/2025 04/18/25 Sold $1,701,000 +0.1% $600 / Sq Ft View Prior Sale
02/14/2025 02/14/25 Pending -- -- --
02/10/2025 02/10/25 Price Changed $1,700,000 -22.7% $599 / Sq Ft
01/29/2025 01/29/25 For Sale $2,200,000 -- $775 / Sq Ft
Source: Stellar MLS

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed $100 None Listed On Document
Personal Reps Deed $1,701,000 None Listed On Document
Source: Public Records

Source: Stellar MLS

MLS Number: A4669657

Stellar MLS

APN: 2019-15-0065