Eric Chery
$5,825,0004 bd4.5 ba4,310 sqft$1,352 /sqft$34,314 /mo all-in ↓

527 FREELING DRIVE, SARASOTA, FL, 34242

Active220 days on marketListed Dec 15, 2025MLS #A4669657

New constructionWaterfrontPrivate poolSingle Family ResidenceBAY ISLAND SHORES

About this home

527 FREELING DRIVE

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.

Facts & features

The home at a glance

4

Bedrooms

4.5

Bathrooms

4,310

Sqft

0.3 ac

Lot size

4

Garage

2026

Year built

Two

Levels

$1,352

Per sqft

Private poolWaterfrontPool & Water viewPets allowed

Inside

FlooringCeramic Tile · Engineered Hardwood
AppliancesBuilt-In Oven · Cooktop · Dishwasher · Disposal · Exhaust Fan · Microwave · Range · Range Hood · Refrigerator · Tankless Water Heater · Wine Refrigerator
InteriorBuilt-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)
LaundryElectric Dryer Hookup · Inside · Laundry Room · Washer Hookup
CoolingCentral Air · Zoned
HeatingCentral · Zoned

Outside & construction

RoofMetal
ConstructionBlock · Wood Frame
FoundationBlock · Concrete Perimeter
ViewPool · Water
FacesSouthwest
ParkingDriveway · Garage Door Opener · Ground Level · Guest · Oversized · Under Building
ExteriorIrrigation System · Outdoor Kitchen · Sliding Doors · Storage

Community & fees

Taxes (2024)$6,458/yr
PetsCats OK, Dogs OK, Yes

Utilities & systems

UtilitiesBB/HS Internet Available · Cable Available · Electricity Available
WaterPublic

The numbers

What it really costs

Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.

$34,314 /mo · 10% down Conventional, 30-yr fixed at 6%

Principal & interest$31,431
PMI (est., until 20% equity)$2,184
Property tax — 2024 actual bill$538
Insurance (FL estimate)$160

The assumptions

Loan typeConventionalDown payment10% · $582,500Loan30-yr fixed at 6%Mortgage insuranceIncludedTaxesActual bill on recordInsuranceFlorida estimate

Above the FHA loan limit for our service areas, so Conventional is the default. VA buyers: switch below — $0 down.

These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:

Andrew Acosta

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Run your own numbers

Loan type

FHA isn’t available at this price — the loan would exceed the $541,287 FHA limit for our service areas.

Down payment10% · $582,500
Interest rate6.00%
Loan term

Estimated payment

$34,314/mo

Principal & interest$31,431
PMI (est., until 20% equity)$2,184
Property taxes (actual bill)$538
Est. insurance$160

Includes estimated PMI — it drops off once you reach 20% equity. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.

Where it sits

Inside Sarasota

Map of 527 FREELING DRIVE

Drive times from this address

Downtown Tampa69 min

Estimated driving times, typical traffic. Data © OpenStreetMap contributors.

Get to know Sarasota. See the full Sarasota guide →

The numbers that matter

The Sarasota market

Seller’s marketBalanced6.0 months of inventoryBuyer’s market

$470K$470K

Sarasota median sold, yr/yr

95.1%

Sale-to-list ratio (12 mo)

Median sold price, Sarasota, trailing 36 months (3-month rolling) · live MLS data.

This home is listed 1065% above the SARASOTA 34242 median. See the full Sarasota market guide →

Paper trail

This home's history

Dec 15, 2025Listed at $5,825,000 · 220 days on market since
2026Built · BAY ISLAND SHORES

Your home team

The pros in your corner

Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.

Eric Chery

Your agent

Eric Chery

Real Estate Agent · CENTURY 21 Edge

Tours, negotiation, and every question about 527 FREELING DRIVE — start here.

Andrew Acosta

Your lender

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Pre-approval, rates, and the real monthly number for 527 FREELING DRIVE — before you fall in love.

See it in person

Schedule a tour

Pick a day that works — this goes straight to Eric's phone and CRM.

Goes straight to Eric’s phone and CRM.

Straight answers

527 FREELING DRIVE FAQs

What would the monthly payment be for 527 FREELING DRIVE?+

With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $34,314/mo — principal and interest, the actual property-tax bill and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.

What are the property taxes on 527 FREELING DRIVE?+

The most recent tax bill on record (2024) was $6,458. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.

Are pets allowed at 527 FREELING DRIVE?+

The listing reports pets: Cats OK, Dogs OK, Yes. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.

How does the price compare to other homes in Sarasota?+

At $5,825,000, this home is listed about 922% above the Sarasota median of $570,000. The market section on this page shows how the area is trending.

The brief

Three things that matter here

01Positioned at the premium end

$5,825,000 runs 1065% above the SARASOTA 34242 median — but at 4,310 sqft it's also nearly 3 times the size of the typical Sarasota listing.

02Waterfront living

This home sits directly on the water — the single scarcest feature in Florida inventory and the strongest long-term value anchor.

03Time on market is leverage

220 days on market against a Sarasota median of 58 — sellers in this position are usually ready to negotiate.

Listing courtesy of GRECO REAL ESTATE · Karen Greco. MLS #A4669657.

IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.

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