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.
Listing updated: December 16, 2025 at 11:51am
Listed by Realtor: Karen Greco
Listed by office: GRECO REAL ESTATE
Source: Stellar MLS
Property Details
Listing Id: A4669657
Price: $5,825,000
Property Size:4,310 ft2
Property Lot Size:0 ft2
Rooms: 10
Bedrooms: 4
Bathrooms: 4.5
Architectural Style: Coastal, Custom
Bathrooms Full: 4
Bathrooms Half: 1
Accessibility Features: Accessible Elevator Installed
Modification Timestamp: December 16, 2025 at 11:57am
Builder Model: LUCA
Builder Name: ALLEGRA HOMES
Building Area Total: 7589
Construction Materials: Block, Wood Frame
Cooling: Central Air, Zoned
CoveredSpaces: 4
CumulativeDaysOnMarket: 1
DaysOnMarket: 1
DirectionFaces: Southwest
ElementarySchool: Phillippi Shores Elementary
Flooring: Ceramic Tile, Engineered Hardwood
FoundationDetails: Block, Concrete Perimeter
Furnished: Unfurnished
GarageSpaces: 4
GreenEnergyEfficient: Doors, Insulation, Roof, Water Heater, Windows
HighSchool: Sarasota High
Laundry Features: Electric Dryer Hookup, Inside, Laundry Room, Washer Hookup
Levels: Two
List AOR: Sarasota - Manatee
List Agent AOR: Sarasota - Manatee
List Agent Email: karengreco@grecorealestatefl.com
List Agent Full Name: Karen Greco
List Agent MlsId: 261505550
ListOfficeMlsId: 281530451
List Office Name: GRECO REAL ESTATE
ListOfficePhone: 941-685-0449
Listing Terms: Cash, Conventional
Living Area Source: Builder
Lot Features: Cleared, Cul-De-Sac, Flood Insurance Required, FloodZone, City Lot, Key Lot, Landscaped, Level, Oversized Lot, Street Dead-End
LotSizeArea: 12903
LotSizeSquareFeet: 12903
MLS Area Major: 34242 - Sarasota/Crescent Beach/Siesta Key
MiddleOrJuniorSchool: Brookside Middle
MlsStatus: Active
ModificationTimestamp: December 16, 2025 at 11:51am
OnMarketDate: 2025-12-15
Originating System Name: Stellar MLS
Other Structures: Outdoor Kitchen
Ownership: Fee Simple
Parcel Number: 2019150065
Parking Features: Driveway, Garage Door Opener, Ground Level, Guest, Oversized, Under Building
Pets Allowed: Cats OK, Dogs OK, Yes
Pool Features: Auto Cleaner, Gunite, Heated, In Ground, Lighting, Pool Alarm, Salt Water
Property Condition: Under Construction
Roof: Metal
Sewer: Public Sewer
Spa Features: Heated, In Ground
State Or Province: FL
Status Change Timestamp: December 15, 2025 at 12:50pm
Street Name: FREELING
Street Number: 527
Street Number Numeric: 527
Street Suffix: DRIVE
Tax Annual Amount: 6458.27
Tax Book Number: 5-94
Tax Year: 2024
Utilities: BB/HS Internet Available, Cable Available, Electricity Available
View: Pool, Water
Water Source: Public
Waterfront Features: Bayou, Canal - Saltwater, Canal Front
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