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New construction
    • $5,825,000

    527 Freeling Dr, Sarasota, FL 34242

    4beds
    4,310sqft
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    Single Family Residence
    Built in 2026
    0.3 Acres Lot
    $-- Zestimate®
    $1,352/sqft
    $-- HOA

    What's special

    Spacious interiorsSleek iron-railed staircaseCustom finishesSpectacular waterfront residenceFluid layoutOutdoor cook centerEnlarged customized wardrobe room
    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.
    217 days
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    309
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    Zillow last checked:

    Listing updated:

    Listed by:

    Karen Greco 941-504-6927,

    GRECO REAL ESTATE 941-685-0449

    Source: Stellar MLS,MLS#: A4669657MLS LogoOriginating MLS: Sarasota - Manatee

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 5
      • Full bathrooms: 4
      • 1/2 bathrooms: 1
      Rooms
      • Room types: Bonus Room, Den/Library/Office, Great Room, Utility Room, Storage Rooms
      Primary bedroom
      • Features: Dual Sinks, En Suite Bathroom, Tub with Separate Shower Stall, Water Closet/Priv Toilet, Walk-In Closet(s)
      • Level: First
      • Area: 300 Square Feet
      • Dimensions: 20x15
      Bedroom 2
      • Features: En Suite Bathroom, Shower No Tub, Single Vanity, Walk-In Closet(s)
      • Level: First
      Bedroom 3
      • Features: Walk-In Closet(s)
      • Level: Second
      • Area: 180 Square Feet
      • Dimensions: 12x15
      Bedroom 4
      • Features: En Suite Bathroom, Shower No Tub, Single Vanity, Water Closet/Priv Toilet, Built-in Closet
      • Level: Second
      • Area: 182 Square Feet
      • Dimensions: 13x14
      Bonus room
      • Features: Storage Closet
      • Level: Second
      • Area: 384 Square Feet
      • Dimensions: 24x16
      Den
      • Level: First
      • Area: 221 Square Feet
      • Dimensions: 17x13
      Dining room
      • Level: First
      • Area: 192 Square Feet
      • Dimensions: 12x16
      Great room
      • Features: Built-In Shelving
      • Level: First
      • Area: 500 Square Feet
      • Dimensions: 25x20
      Kitchen
      • Features: Pantry, Walk-In Closet(s)
      • Level: First
      Laundry
      • Level: First
      Heating
      • Central, Zoned
      Cooling
      • Central Air, Zoned
      Appliances
      • Included: Oven, Cooktop, Dishwasher, Disposal, Exhaust Fan, Microwave, Range, Range Hood, Refrigerator, Tankless Water Heater, Wine Refrigerator
      • Laundry: Electric Dryer Hookup, Inside, Laundry Room, Washer Hookup
      Features
      • 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)
      • Flooring: Ceramic Tile, Engineered Hardwood
      • Doors: Outdoor Kitchen, Sliding Doors
      • Windows: Hurricane Shutters/Windows
      • Has fireplace: No
      Interior area
      • Total structure area: 7,589
      • Total interior livable area: 4,310 sqft

      Property

      Parking
      • Total spaces: 4
      • Parking features: Driveway, Garage Door Opener, Ground Level, Guest, Oversized, Under Building
      • Attached garage spaces: 4
      • Has uncovered spaces: Yes
      Accessibility
      • Accessibility features: Accessible Elevator Installed
      Features
      • Levels: Two
      • Stories: 2
      • Patio & porch: Covered, Patio
      • Exterior features: Irrigation System, Outdoor Kitchen, Storage
      • Has private pool: Yes
      • Pool features: Auto Cleaner, Gunite, Heated, In Ground, Lighting, Pool Alarm, Salt Water
      • Has spa: Yes
      • Spa features: Heated, In Ground
      • Has view: Yes
      • View description: Pool, 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, No Wake Zone, Sailboat Water, Seawall
      • Body of water: ROBERTS BAY
      • Frontage length: Canal: 70
      Lot
      • Size: 0.3 Acres
      • Features: Cleared, Cul-De-Sac, Flood Insurance Required, FloodZone, City Lot, Key Lot, Landscaped, Level, Oversized Lot, Street Dead-End, Above Flood Plain
      • Residential vegetation: Mature Landscaping, Trees/Landscaped
      Details
      • Additional structures: Outdoor Kitchen
      • Parcel number: 2019150065
      • Zoning: RSF1
      • Special conditions: None

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Coastal,Custom
      • Property subtype: Single Family Residence
      • Attached to another structure: Yes
      Materials
      • Block, Wood Frame
      • Foundation: Block, Concrete Perimeter
      • Roof: Metal
      Condition
      • Under Construction
      • New construction: Yes
      • Year built: 2026
      Details
      • Builder model: LUCA
      • Builder name: ALLEGRA HOMES

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: BB/HS Internet Available, Cable Available, Electricity Available
      Green energy
      • Energy efficient items: Doors, Insulation, Roof, Water Heater, Windows

      Community & HOA

      Community
      • Security: Fire/Smoke Detection Integration
      • Pet fee: $0 monthly
      • Subdivision: BAY ISLAND SHORES
      HOA
      • Has HOA: No
      Location
      • Region: Sarasota

      Financial & listing details

      • Price per square foot: $1,352/sqft
      • Tax assessed value: $1,708,200
      • Annual tax amount: $6,458
      • Date on market: 12/15/2025
      • Cumulative days on market: 218 days
      • Listing terms: Cash,Conventional
      • Ownership: Fee Simple
      • Total actual rent: 0
      • Electric utility on property: Yes
      • Road surface type: Paved, Asphalt

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        12/15/2025Listed for sale$5,825,000+242.4%$1,352/sqft
        Source: Stellar MLS #A4669657 Report a problem
        4/18/2025Sold$1,701,000+0.1%$395/sqft
        Source: Stellar MLS #A4637177 Report a problem
        2/14/2025Pending sale$1,700,000$394/sqft
        Source: Stellar MLS #A4637177 Report a problem
        2/10/2025Price change$1,700,000-22.7%$394/sqft
        Source: Stellar MLS #A4637177 Report a problem
        1/30/2025Listed for sale$2,200,000$510/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

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: Bay Isle-Siesta

        Getting around

        1 / 100
        Car-Dependent
        0 / 100
        No Nearby Transit
        32 / 100
        Somewhat Bikeable

        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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