$3,650,000
NEW CONSTRUCTION

838 Norsota Way Sarasota, FL 34242

Estimated payment $20,448/month

Total Views 2,392
5 Beds
7 Baths
3,001 Sq Ft
$1,216 Price per Sq Ft

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

Faith Stutzman

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,979

Year Built

New Construction

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Condition: Pre-Construction
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block, Concrete
  • Fireplace: Yes
  • Living Area: 3001
  • Lot Size Acres: 0.32
  • New Construction: Yes
  • Year Built: 2026
  • Building Area Total: 4139
  • Lot Size Sq Ft: 13815
  • Status: Active
  • Ownership: Fee Simple
  • Building Area Total Srch Sq M: 384.53
  • Escrow State: FL
  • RATIO Current Price By Calculate: 1216.26
  • Total Acreage: 1/4 to less than 1/2
  • Water Access YN: 0
  • MFR_InLawSuiteYN: 0
  • Attribution Contact: 941-260-0709
  • Tax Year: 2024
  • Special Features: 4098

Interior Features

  • Fireplace Features: Electric
  • Living Area Units: Square Feet
  • Flooring: Hardwood
  • Full Bathrooms: 5
  • Half Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), High Ceilings, Open Floorplan, Primary Bedroom Main Floor, Thermostat, Vaulted Ceiling(s), Walk-In Closet(s), Window Treatments
  • Appliances Included: Convection Oven, Cooktop, Dishwasher, Disposal, Dryer, Microwave, Range, Range Hood, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 5
  • Levels: One
  • Spa Features: Heated
  • Spa Yn: Yes
  • Window Features: Storm Window(s)
  • Additional Rooms: Den/Library/Office
  • Living Area Meters: 278.80

Exterior Features

  • Direction Faces: North
  • Pool Features: Heated, Lighting, Salt Water
  • Exterior Features: Lighting, Outdoor Kitchen, Private Mailbox, Rain Gutters
  • Roof: Metal
  • Pool Private: Yes
  • Waterfront: No
  • Patio and Porch Features: Deck, Patio
  • Road Surface Type: Paved
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Panel: 12115C0141G
  • Projected Completion Date: 2026-09-07T00:00:00.000

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 3
  • Garage Yn: Yes

Utilities

  • Utilities: Electricity Connected, Public, Water Connected
  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public

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: 2019090022
  • Additional Parcels: No
  • Flood Zone Code: AE

Building Info

  • Builder Name: Pham Development

Tax Info

  • Tax Annual Amount: 14979
  • Tax Book Number: 2-171
  • Tax Lot: 200

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 $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
Source: Public Records

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
Source: Stellar MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $800,000 None Listed On Document
Warranty Deed -- --
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $2,200,000 New Conventional
Source: Public Records

Source: Stellar MLS

MLS Number: A4658014

Stellar MLS

APN: 2019-09-0022