This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/39
$3,695,000
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/39
Property Description
Zoning confirmation letter in from City of Sarasota. Ready for permitting and your custom dream home. This waterfront gem fronts Roberts Bay, facing Edwards Island, and offers unobstructed 180-degree views of dolphins, various bird species, and manatees. It's a perfect canvas for creating your customized residence. Located on the prized northern tip of Siesta Key, nestled on the Freeling Drive peninsula, this exquisite parcel blends sophistication with coastal living. Bay Island is renowned for its admired homes and architectural beauty, redefining island luxury along one of the area's most pristine waterways. The oversized homesite is just under 15,000 square feet and features an impressive 155 feet of brand-new two-foot-elevated seawall, offering stunning panoramas. This location is ideal for boating and fishing enthusiasts, or for simply enjoying breathtaking sunrises and sunsets in unmatched natural beauty. Access on and off the island is easy, with Siesta Key Village's vibrant shops and restaurants, as well as the world-renowned Siesta Key Beach, just minutes away. Downtown Sarasota, with its galleries, theater, and fine dining, is also a short drive. Opportunities like this are rare, making this property a true gem for anyone seeking the ultimate waterfront address where privilege and prestige are embedded in an affluent lifestyle. I highly recommend experiencing the magic of this property for yourself. Choose any architect or builder to make your dreams come true. Owner will consider financing.
Full Property Details
Full Property Details for 894 Freeling Dr
General
- Price: $3,695,000
- Taxes: $37,721 (2025)
- Status: Active
- Type: Lots/Land
- Source: MidFloridaRegionalMLS
- MLS ID: A4709990
- Updated: 10/19/2026
- Added to Site: 14 day(s) ago
Location
- Area: 34242 - Sarasota/Crescent Beach/Siesta Key
- County: Sarasota
- Development Name: 34242 - Sarasota/Crescent Beach/Siesta Key
- Subdivision: BAY ISLAND SHORES
- Driving Directions: US 41 to Siesta Drive, West to Flamingo, left on Freeling Drive to 894 on the right.
- Direction Faces: North
School Information
- Elementary School: Phillippi Shores Elementary
- Middle School: Brookside Middle
- High School: Sarasota High
Community
- Community Name: 34242 - Sarasota/Crescent Beach/Siesta Key
Utilities
- Sewer: Public Sewer
- Water District: ROBERTS BAY
- Water: Public
- Utility Description: BB/HS Internet Available, BB/HS Internet Capable, Cable TV Available, Electricity Available, Natural Gas Available, Sewer Available, Street Lights, Water Available
Structural Information
- Current Bldg. Use: Residential
Lot Features
- Property View: Water
- Lot Size (Acres): 0.26
- Lot Size (Sq. Ft.): 14,721
- Lot Size: 14721
- Lot Dimensions: 155
- Frontage: Street Paved, City Street
- Street/Road Desc.: Paved, Asphalt
Water Features
- Water Front: Yes
- Water View: Yes
- Water Access: Yes
- Water Access Desc: Bay/Harbor, Gulf/Ocean, Intracoastal Waterway
- Water Extras: Yes
- Water Front Name: ROBERTS BAY
- Water Front Desc.: Bay/Harbor, Intracoastal Waterway
Financial Considerations
- Price Per Acre: $14,211,538
- Tax Amount: $37,721
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: LOT 51, BAY ISLAND SHORES UNIT 2
- Flood Zone Info: AE
- APN: 2019160014
- Property ID: 2019160014
Listed by Greco Real Estate
Get Pre-Approved Today
Schools
Schools serving 894 Freeling Dr
School District:Sarasota County School District
| Name | Grades | Distance |
|---|---|---|
Phillippi Shores Elementary School 4747 South Tamiami Trail, Sarasota, FL 34231 | PK-5 | 1.6 mi |
Brookside Middle School 3636 South Shade Avenue, Sarasota, FL 34239 | 6-8 | 1.4 mi |
Sarasota High School 2155 Bahia Vista Street, Sarasota, FL 34239 | 9-12 | 2.1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 894 Freeling Dr
Date
Details
Price
Change
Source
10/18/2026
Listed
$3,695,000
65.99%
MLS
9/30/2020
Sold
$2,226,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 894 Freeling Dr
Year
Property Taxes
Change
Tax Assessment
Change
2025
$37,721
-15%
$2,490,930
-28%
2024
$44,426
8%
$3,483,400
7%
2023
$41,113
12%
$3,241,700
16%
2022
$36,794
18%
$2,796,300
41%
2021
$31,099
—
$1,979,100
25%
2021
$31,099
3%
$1,579,000
-16%
2019
$30,317
-1%
$1,882,500
4%
2018
$30,675
7%
$1,809,892
-4%
2017
$28,586
9%
$1,881,300
12%
2016
$26,233
6%
$1,673,100
23%
2015
$24,728
8%
$1,359,798
10%
2014
$22,895
17%
$1,236,180
10%
2013
$19,642
—
$1,123,800
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 894 Freeling Dr
894 Freeling Drive, Sarasota, FL 34242 (MLS# A4709990) is a Lots/Land property with a lot size of 0.26 acres. 894 Freeling Drive is currently listed for $3,695,000 and was received on October 18, 2026. Want to learn more about 894 Freeling Drive? Do you have questions about finding other Lots/Land real estate for sale in Sarasota? You can browse all Sarasota real estate or contact a Coldwell Banker agent to request more information.

