838 Norsota Way Sarasota, FL 34242
Estimated payment $20,448/month
Highlights
- New Construction
- Heated Spa
- Deck
- Phillippi Shores Elementary School Rated A
- Open Floorplan
- Vaulted Ceiling
About This Home
Pre-Construction. To be built. Discover timeless coastal elegance in this upcoming traditional-style new construction home, perfectly situated in the highly coveted Bay Island neighborhood on Siesta Key. Designed to blend modern sophistication with classic charm, this residence offers an extraordinary lifestyle of luxury and tranquility. Set on a 13,815 sqft. homesite, this 3,001 sqft. masterpiece features 5 spacious bedrooms, 5 full bathrooms, 2 half baths, and an office. There is opportunity for a private fitness studio, and there are 3 garage spaces. Thoughtfully curated interiors showcase refined finishes, soaring ceilings, and abundant natural light that capture lush landscaping views throughout. At the heart of the home lies a gourmet chef’s kitchen—a showpiece of design and functionality. A striking quartz waterfall island anchors the open-concept layout, framed by elegant pendant lighting, custom cabinetry, and top-of-the-line stainless steel appliances. Perfectly suited for entertaining or relaxed coastal living, the adjoining living and dining areas flow seamlessly to the outdoors. Step into your private tropical retreat, where a resort-style pool with a champagne spa is surrounded by lush landscaping and swaying palms. Host the family or guests with the covered outdoor kitchen and the dinning space. The outdoor living space is designed for serenity and sophistication, offering the ideal backdrop for gatherings or quiet moments alike. Located in one of Sarasota’s most desirable neighborhoods, this remarkable new construction home offers privacy, convenience, and effortless access to world-class beaches, fine dining, and vibrant cultural attractions. A rare opportunity to own a brand-new luxury residence on Bay Island—where coastal beauty meets timeless design.
Listing Agent
THE STUTZMAN REALTY GROUP, LLC Brokerage Phone: 941-260-0709 License #3569048 Listed on: 10/23/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $14,979
Year Built
- New Construction
Lot Details
- 0.32 Acre Lot
- North Facing Home
- Landscaped with Trees
- Property is zoned RSF1
Parking
- 3 Car Attached Garage
Home Design
- Home in Pre-Construction
- Home is estimated to be completed on 9/7/26
- Slab Foundation
- Metal Roof
- Concrete Siding
- Block Exterior
Interior Spaces
- 3,001 Sq Ft Home
- Open Floorplan
- Vaulted Ceiling
- Ceiling Fan
- Pendant Lighting
- Electric Fireplace
- Window Treatments
- Living Room
- Den
- Wood Flooring
- Storm Windows
Kitchen
- Convection Oven
- Cooktop with Range Hood
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 5 Bedrooms
- Primary Bedroom on Main
- Walk-In Closet
Laundry
- Laundry Room
- Dryer
Pool
- Heated Spa
- Saltwater Pool
- Pool Lighting
Outdoor Features
- Deck
- Patio
- Outdoor Kitchen
- Exterior Lighting
- Rain Gutters
- Private Mailbox
Schools
- Phillippi Shores Elementary School
- Brookside Middle School
- Sarasota High School
Utilities
- Central Air
- Heating Available
- Thermostat
Community Details
- No Home Owners Association
- Built by Pham Development
- Bay Island Community
- Bay Island Subdivision
Listing and Financial Details
- Visit Down Payment Resource Website
- Tax Lot 200
- Assessor Parcel Number 2019090022
Map
Home Values in the Area
Average Home Value in this Area
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 | $14,979 | $759,000 | $723,700 | $35,300 |
| 2024 | $12,914 | $935,770 | -- | -- |
| 2023 | $12,914 | $850,700 | $691,500 | $159,200 |
| 2022 | $3,841 | $273,304 | $0 | $0 |
| 2021 | $3,781 | $265,344 | $0 | $0 |
| 2020 | $3,815 | $261,680 | $0 | $0 |
| 2019 | $3,710 | $255,797 | $0 | $0 |
| 2018 | $3,644 | $251,027 | $0 | $0 |
| 2017 | $3,597 | $245,864 | $0 | $0 |
| 2016 | $3,569 | $464,600 | $295,700 | $168,900 |
| 2015 | $3,620 | $486,500 | $339,300 | $147,200 |
| 2014 | $3,612 | $233,729 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/20/2025 11/20/25 | For Sale | $3,650,000 | 0.0% | $1,216 / Sq Ft | |
| 11/19/2025 11/19/25 | Off Market | $3,650,000 | -- | -- | |
| 10/23/2025 10/23/25 | For Sale | $3,650,000 | +356.3% | $1,216 / Sq Ft | |
| 03/12/2025 03/12/25 | Sold | $800,000 | -10.6% | $367 / Sq Ft | View Prior Sale |
| 11/12/2024 11/12/24 | Pending | -- | -- | -- | |
| 11/09/2024 11/09/24 | For Sale | $895,000 | -- | $410 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $800,000 | None Listed On Document | |
| Warranty Deed | -- | -- | |
| Warranty Deed | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $2,200,000 | New Conventional |
Source: Stellar MLS
MLS Number: A4658014
APN: 2019-09-0022
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