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Sold for $1,701,000
  • $1,701,000

    527 FREELING DRIVE, SARASOTA, FL 34242

    3beds
    2,837sqft
    Single Family Residence
    Built in 1950
    0.3 Acres Lot
    $5,145,100 Zestimate®
    $600/sqft
    $-- Estimated rent

    Home value

    $5,145,100

    $4.89M - $5.45M

    Not available

    Zestimate® history
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    What's special

    Dreaming of waterfront living on Siesta Key? This rare and exclusive Bay Island property is your chance to create the home of your dreams while basking in one of Sarasota's most prized locations. With an impressive 70 feet of seawall and sailboat water, this oversized 12,900-square-foot lot is as exceptional as it gets. Enjoy direct access to Sarasota Bay with quick entry to Big Pass and the Gulf of Mexico—ideal for boat lovers who crave effortless days on the water. Nestled on the north end of Siesta Key, this lot offers a premier address that provides a perfect balance of privacy and connectivity. You'll find yourself just minutes from the vibrant shops and restaurants of Siesta Key Village and the world-famous Siesta Key Beach, with its powdery quartz sands that attract visitors from all over the globe. When you're craving a cultural escape, downtown Sarasota is just a short drive away, offering galleries, theater, and fine dining. This coveted neighborhood on Bay Island is surrounded by some of Siesta Key's most admired homes, known for the exclusivity and ease of lifestyle it offers. The existing home is being removed, and the pool is being filled, leaving you with a blank canvas to design and build a custom waterfront masterpiece perfectly suited to your vision. Opportunities like this are rarely available, making this property a true gem for anyone seeking premier waterfront living. Reach out today—this is your chance to own a piece of paradise on Siesta Key.

    Zillow last checked:

    Listing updated:

    Listed by:

    Josie Cline 941-266-6661,

    MICHAEL SAUNDERS & COMPANY 941-349-3444,

    Jimmy Dean, Sr 941-544-8999,

    MICHAEL SAUNDERS & COMPANY

    Bought with:

    Karen Greco, 0405884

    GRECO REAL ESTATE

    Source: Stellar MLS,MLS#: A4637177MLS LogoOriginating MLS: Sarasota - Manatee

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 3
    Primary bedroom
    • Features: Walk-In Closet(s)
    • Level: First
    Great room
    • Level: First
    Kitchen
    • Level: First
    Heating
    • Electric
    Cooling
    • Central Air
    Appliances
    • Included: None
    • Laundry: Inside
    Features
    • None
    • Flooring: Terrazzo
    • Doors: Sliding Doors
    • Has fireplace: Yes
    Interior area
    • Total structure area: 3,183
    • Total interior livable area: 2,837 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Carport
    • Carport spaces: 2
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Patio
    • Exterior features: Private Mailbox
    • Has view: Yes
    • View description: Water, Canal
    • Has water view: Yes
    • Water view: Water,Canal
    • Waterfront features: Bayou, Canal - Saltwater, Canal Front, Bay/Harbor Access, Bayou Access, Saltwater Canal Access, Intracoastal Waterway Access, Bridges - No Fixed Bridges, Davits, No Wake Zone, Sailboat Water, Seawall
    • Body of water: ROBERTS BAY
    • Frontage length: Canal: 70
    Lot
    • Size: 0.3 Acres
    • Features: Flood Insurance Required, FloodZone, City Lot, Oversized Lot, Street Dead-End
    • Residential vegetation: Mature Landscaping, Trees/Landscaped
    Details
    • Parcel number: 2019150065
    • Zoning: RSF1
    • Special conditions: None

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Wood Frame, Wood Frame (FSC Certified), Wood Siding
    • Foundation: Slab
    • Roof: Metal
    Condition
    • Fixer
    • New construction: No
    • Year built: 1950

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Available

    Community & HOA

    Community
    • Pet fee: $0 monthly
    • Subdivision: BAY ISLAND SHORES
    HOA
    • Has HOA: No
    Location
    • Region: Sarasota

    Financial & listing details

    • Price per square foot: $600/sqft
    • Tax assessed value: $1,708,200
    • Annual tax amount: $6,458
    • Date on market: 1/29/2025
    • Cumulative days on market: 16 days
    • Listing terms: Cash,Conventional
    • Ownership: Fee Simple
    • Total actual rent: 0
    • Electric utility on property: Yes
    • Road surface type: Paved, Asphalt

    Price history

    DateEventPrice
    8/13/2026Listing removed$5,825,000$2,053/sqft
    Source: Stellar MLS #A4669657 Report a problem
    12/15/2025Listed for sale$5,825,000+242.4%$2,053/sqft
    Source: Stellar MLS #A4669657 Report a problem
    4/18/2025Sold$1,701,000+0.1%$600/sqft
    Source: Stellar MLS #A4637177 Report a problem
    2/14/2025Pending sale$1,700,000$599/sqft
    Source: Stellar MLS #A4637177 Report a problem
    2/10/2025Price change$1,700,000-22.7%$599/sqft
    Source: Stellar MLS #A4637177 Report a problem
    1/30/2025Listed for sale$2,200,000$775/sqft
    Source: Stellar MLS #A4637177 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$26,014 +302.8%$1,708,200 +280%
    2024$6,458 +3.4%$449,542 +3%
    2023$6,249 +2%$436,449 +3%
    2022$6,124 +0.6%$423,737 +3%
    2021$6,087 -1%$411,395 +1.4%
    2020$6,150 +2.7%$405,715 +2.3%
    2019$5,987 $396,593 +1.9%
    2018$5,987 +1.7%$389,198 +2.1%
    2017$5,886 +0.5%$381,193 -68.2%
    2016$5,858 $1,200,100 +13%
    2015$5,858 +0%$1,062,200 +193.1%
    2014$5,858 +0.3%$362,379
    2013$5,843 +3.9%$362,379 +1.7%
    2012$5,622 +4.6%$356,322 +3%
    2011$5,375 +0.1%$345,944 +1.5%
    2010$5,368 +9.9%$340,832 +2.7%
    2009$4,885 $331,871 +0.1%
    2008$4,885 -2.1%$331,539 +3%
    2007$4,991 $321,883 +2.5%
    2006-- $314,032 +3%
    2005-- $304,885 +3%
    2004$5,080 -1.3%$296,005 +1.9%
    2003$5,146 +1.7%$290,486 +2.4%
    2002$5,058 +6.9%$283,678 +1.6%
    2001$4,731 +2.7%$279,211 +3%
    2000$4,605 $271,079
    Find assessor info on the county website

    Neighborhood: Bay Isle-Siesta

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Phillippi Shores Elementary
    • Middle: Brookside Middle
    • High: Sarasota High

    Source: Stellar MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $5,145,100
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $5,145,100