NOT LISTED FOR SALE

799 Freeling Dr Sarasota, FL 34242

Estimated Value: $6,316,000 - $7,911,000

5 Beds
5 Baths
7,636 Sq Ft
$942/Sq Ft Est. Value

Last Sold May 15, 2024

Last sale price $9,250,000 $1,211 Per Sq Ft

Est. 22% decrease in value since last sale

Current estimated payment $45,454/month

71 Days on Market

Highlights

  • 138 Feet of Waterfront
  • White Water Ocean Views
  • Access To Intracoastal Waterway
  • Phillippi Shores Elementary School Rated A
  • Dock has access to electricity and water
  • Boat Lift

About This Home

As of May 2024

Welcome to Vivre Le Reve (Living The Dream), an unparalleled estate located on one of the most coveted streets on Bay Island at the northern tip of Siesta Key. Nestled on the Freeling Drive Peninsula, this property sits on one of Sarasota's most secure and picturesque deep-water basins, just moments away from the Gulf of Mexico, with no fixed bridges obstructing your path to open water. Crafted by the renowned architect Clifford Scholz and constructed by Perrone Construction, this fully customized and enchanting residence embodies the elevated coastal lifestyle you've always envisioned. Meticulously preserved by its original owners, Vivre Le Reve boasts striking curb appeal, lush landscaping, and an impressive 69 feet of bay frontage. The home showcases impeccable craftsmanship and carefully selected natural materials, seamlessly blending coastal exteriors with modern interiors. With 5 bedrooms, 3 bathrooms, and 2 half baths, this residence invites you into a world of comfort and tranquility. Upon entry, the home welcomes you with custom moldings, coffered and trey ceilings, and expansive windows, creating an atmosphere of genuine warmth. The family room, kitchen, and bar area provide abundant spaces for entertaining. The kitchen features custom Campbell cabinetry, Quartz countertops, Sub-Zero appliances, and a Wolf Range. A butler's pantry and food pantry separate the kitchen from the formal dining room. The family room, adorned with a stone wall and gas fireplace, boasts 21' ceilings. On the main level, you'll discover a guest bedroom, an office with custom built-ins, a laundry room, powder room, and a full guest bath. A dedicated theatre room offers an unparalleled cinematic experience with 12 theatre seats, acoustically engineered walls, a Runco projector, and an adjustable screen. Moving to the second floor, the master suite immerses you in luxury, featuring an oversized sitting room with a gas fireplace, hinged mirrors for accessories, barn doors for privacy, and a private terrace with expansive water views. The master ensuite offers a spa-like experience with dual vanities, a soaker tub, walk-in shower, water closet, and an oversized walk-in closet with custom built-ins. Additionally, there are two more bedrooms, guest bathroom, a laundry room with sink and refrigerator, and ample storage on the second floor. The ground floor presents a 2.5 car garage with workshop and wired for a electric charging station. In additional there is an oversized garage suitable for an RV, boat, or additional vehicles. Stepping outdoors, you'll be captivated by the Florida living experience. The main level terrace features an outdoor kitchen, sitting area, and expansive dining area, all equipped with motorized retractable screens and storm shutters. A separate outdoor pool bath, in-ground jacuzzi, and outdoor shower enhance the outdoor amenities. Enjoy a dip in the saltwater pool or refine your golf skills on your personal 3-hole putting green in the backyard, which is astroturfed and equipped with Sonance speakers. The waterfront lifestyle is truly luxurious, with a dock and 69' of concrete seawall, accommodating up to a 60' yacht, a 24,000lb boat lift, and a davits for a 16' boat. Numerous other features make this residence the epitome of Coastal Luxury Living, where you are unquestionably Living The Dream!

Last Agent to Sell the Property

Michelle Ward

COMPASS FLORIDA LLC License #3272126 Listed on: 02/01/2024

COMPASS FLORIDA LLC

Last Buyer's Agent

Courtney Tarantino

COLDWELL BANKER REALTY License #3267068

COLDWELL BANKER REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $37,046

Year Built

  • Built in 1994

Lot Details

  • 0.49 Acre Lot
  • 138 Feet of Waterfront
  • 69 Feet of Salt Water Canal Waterfront
  • 69 Feet of Bay Harbor Waterfront
  • Property fronts a saltwater canal
  • Street terminates at a dead end
  • North Facing Home
  • Mature Landscaping
  • Oversized Lot
  • Well Sprinkler System
  • Landscaped with Trees
  • Property is zoned RSF1

Parking

  • 4 Car Attached Garage
  • Split Garage
  • Workshop in Garage
  • Ground Level Parking
  • Tandem Parking
  • Circular Driveway
  • Guest Parking
  • RV Garage

Property Views

  • White Water Ocean
  • Intracoastal
  • Canal

Home Design

  • Key West Architecture
  • Pillar, Post or Pier Foundation
  • Block Foundation
  • Metal Roof
  • Concrete Siding
  • Block Exterior
  • Pile Dwellings
  • Stucco

Interior Spaces

  • 7,636 Sq Ft Home
  • 3-Story Property
  • Elevator
  • Open Floorplan
  • Wet Bar
  • Built-In Features
  • Bar Fridge
  • Chair Railings
  • Crown Molding
  • Coffered Ceiling
  • Tray Ceiling
  • High Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Double Pane Windows
  • Shades
  • Shutters
  • Sliding Doors
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Breakfast Room
  • Formal Dining Room
  • Media Room
  • Den
  • Bonus Room
  • Storage Room
  • Inside Utility

Kitchen

  • Eat-In Kitchen
  • Built-In Convection Oven
  • Cooktop
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Wine Refrigerator
  • Solid Surface Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom
  • Primary Bedroom Upstairs
  • Split Bedroom Floorplan
  • Walk-In Closet
  • In-Law or Guest Suite

Laundry

  • Laundry Room
  • Laundry on upper level
  • Dryer
  • Washer

Home Security

  • Security System Owned
  • Hurricane or Storm Shutters
  • High Impact Windows
  • Fire and Smoke Detector

Accessible Home Design

  • Accessibility Features

Pool

  • Heated In Ground Pool
  • In Ground Spa
  • Saltwater Pool
  • Pool is Self Cleaning
  • Outdoor Shower
  • Auto Pool Cleaner

Outdoor Features

  • Access To Intracoastal Waterway
  • Access to Bay or Harbor
  • No Fixed Bridges
  • Property is near a marina
  • Access to Saltwater Canal
  • Davits
  • Seawall
  • No Wake Zone
  • Boat Lift
  • Dock has access to electricity and water
  • Dock made with Composite Material
  • Balcony
  • Enclosed Patio or Porch
  • Outdoor Kitchen
  • Exterior Lighting
  • Rain Gutters
  • Private Mailbox

Location

  • Flood Zone Lot
  • Flood Insurance May Be Required

Schools

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

Utilities

  • Central Heating and Cooling System
  • Thermostat
  • Underground Utilities
  • Power Generator
  • Natural Gas Connected
  • Water Filtration System
  • Tankless Water Heater
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Built by Perrone Construction
  • Bay Island Community
  • Bay Island Shores Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$37,046

Year Built

Built in 1994

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Key West
  • Construction Materials: Block, Concrete, Stucco
  • Fireplace: Yes
  • Living Area: 7636
  • Lot Size Acres: 0.49
  • New Construction: No
  • Year Built: 1994
  • Building Area Total: 11422
  • Lot Size Sq Ft: 21415
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: Owner
  • Building Area Total Srch Sq M: 1061.14
  • Escrow State: FL
  • Minimum Lease: 1 Week
  • RATIO Current Price By Calculate: 1211.37
  • Total Acreage: 1/4 to less than 1/2
  • Water Access YN: 1
  • MFR_InLawSuiteYN: 0
  • MFR_DockDescription: Dock - Composite,Dock w/Electric,Dock w/Water Supply,Lift
  • MFR_DockYN: 1
  • Tax Year: 2023
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Gas, Living Room, Primary Bedroom
  • Living Area Units: Square Feet
  • Flooring: Carpet, Hardwood, Tile, Wood
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Interior Amenities: Accessibility Features, Built-in Features, Ceiling Fans(s), Central Vaccum, Chair Rail, Coffered Ceiling(s), Crown Molding, Eat-in Kitchen, Elevator, High Ceilings, Kitchen/Family Room Combo, Open Floorplan, PrimaryBedroom Upstairs, Solid Surface Counters, Split Bedroom, Thermostat, Tray Ceiling(s), Walk-In Closet(s), Wet Bar, Window Treatments
  • Appliances Included: Bar Fridge, Built-In Oven, Convection Oven, Cooktop, Dishwasher, Disposal, Dryer, Freezer, Ice Maker, Microwave, Other, Refrigerator, Tankless Water Heater, Washer, Water Filtration System, Wine Refrigerator
  • Foundation Details: Block, Pillar/Post/Pier, Stilt/On Piling
  • Total Bedrooms: 5
  • Levels: Three Or More
  • Other Equipment: Generator, Irrigation Equipment
  • Spa Features: In Ground
  • Spa Yn: Yes
  • Stories: 3
  • Window Features: Double Pane Windows, Impact Glass/Storm Windows, Shades, Shutters, Window Treatments
  • ResoLivingAreaSource: Owner
  • Additional Rooms: Bonus Room,Breakfast Room Separate,Den/Library/Office,Family Room,Formal Dining Room Separate,Inside Utility,Interior In-Law Suite w/Private Entry,Media Room,Storage Rooms
  • Living Area Meters: 709.41

Exterior Features

  • Direction Faces: North
  • Pool Features: Auto Cleaner, Heated, In Ground, Salt Water, Self Cleaning
  • Exterior Features: Balcony, Hurricane Shutters, Irrigation System, Lighting, Outdoor Kitchen, Outdoor Shower, Private Mailbox, Rain Gutters, Sliding Doors
  • Roof: Metal
  • Pool Private: Yes
  • View: Water
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Enclosed, Front Porch, Patio, Rear Porch, Screened
  • Road Surface Type: Asphalt
  • Disclosures: Seller Property Disclosure
  • Water Access: Bay/Harbor,Canal - Saltwater,Intracoastal Waterway
  • Water Extras: Bridges - No Fixed Bridges,Davits,Lift,No Wake Zone,Sailboat Water,Seawall - Concrete
  • Water Frontage Feet Canal Salt: 69
  • Water View: Bay/Harbor - Full,Canal,Intracoastal Waterway
  • Water View YN: 1
  • Waterfront Feet Total: 138
  • Water Frontage Feet Bay Harbor: 69

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 4
  • Garage Yn: Yes
  • Parking Features: Circular Driveway, Ground Level, Guest, Oversized, RV Garage, Split Garage, Tandem, Workshop in Garage

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Available, Public, Sewer Connected, Sprinkler Well, Underground Utilities, Water Connected
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Inside, Laundry Room, Other, Upper Level
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Security: Closed Circuit Camera(s), Security System, Security System Owned, Smoke Detector(s)
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required 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: 2019160004
  • Additional Parcels: No
  • Lot Features: Flood Insurance Required, FloodZone, City Limits, Landscaped, Near Marina, Oversized Lot, Street Dead-End, Paved
  • Flood Zone Code: AE

Building Info

  • Builder Name: Perrone Construction

Rental Info

  • Furnished: Negotiable
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: City ordinance

Tax Info

  • Tax Annual Amount: 37046.35
  • Tax Book Number: 6-81
  • Tax Lot: 41

Multi Family

  • Waterfront Features: Bay/Harbor, Canal - Saltwater, Canal Front

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2024
Closed on
May 7, 2024
Sold by
Balliette Paul R and Paul R Balliette Revocable Trust
Bought by
Philip R Haag Revocable Trust and Yvonne J Haag Revocable Trust
Seller's Agent
Michelle Ward
COMPASS FLORIDA LLC
Buyer's Agent
Courtney Tarantino
COLDWELL BANKER REALTY
List Price
$9,975,000
Sold Price
$9,250,000
Premium/Discount to List
-$725,000
-7.27%
Views
182
Current Estimated Value
$7,190,419

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,059,581
Avg. Annual Appreciation
-14.91%

Purchase Details

Closed on
Sep 14, 2021
Sold by
Balliette Paul R and Balliette Cindy J
Bought by
Balliette Paul R and Balliette Cindy J
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Philip R Haag Revocable Trust $9,250,000 None Listed On Document
Balliette Paul R -- Accommodation
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/15/2024 05/15/24 Sold $9,250,000 -7.3% $1,211 / Sq Ft
04/13/2024 04/13/24 Pending -- -- --
02/01/2024 02/01/24 For Sale $9,975,000 -- $1,306 / Sq Ft
Source: Stellar MLS

Tax History Compared to Growth

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 $93,363 $6,583,800 $2,505,700 $4,078,100
2024 $37,046 $6,384,900 $2,494,400 $3,890,500
2023 $37,046 $2,459,582 $0 $0
2022 $36,169 $2,387,944 $0 $0
2021 $36,063 $2,306,062 $0 $0
2020 $36,498 $2,274,223 $0 $0
2019 $35,591 $2,223,092 $0 $0
2018 $29,897 $1,858,138 $0 $0
2017 $29,569 $1,819,920 $0 $0
2016 $29,484 $2,857,700 $1,119,900 $1,737,800
2015 $28,448 $2,571,700 $1,088,800 $1,482,900
2014 $27,580 $1,594,046 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4596611

Stellar MLS

APN: 2019-16-0004