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$3,950,000

847 FREELING DRIVE, SARASOTA, FL 34242

3D Tour
Active165 days on market

Beds

4

Baths

5

Sq Ft

4,034 sq ft

Year Built

1954

Lot Size

0.32 acres

Garage

2

About This Property

Located in the highly sought-after Bay Isles community on Siesta Key, this property at 847 Freeling Drive offers a rare opportunity to customize and create your ideal coastal home. Positioned on the first street onto Siesta Key, the location provides exceptional convenience to the bridge, mainland, and all that the island has to offer. The home features 4 bedrooms and 4.5 bathrooms, with the upper level remaining intact and in great condition. The ground level experienced flooding during the recent hurricanes; however, the seller has already completed professional remediation, providing a clean slate for updates and renovations to suit your vision. Situated on a protected deep-water basin, the property is ideal for boating and waterfront living, complete with a private dock, no fixed bridges, and direct access just minutes to the Gulf. The home also features a pool, offering the perfect foundation to create a true coastal retreat. This is a unique opportunity to secure a well-located waterfront property and finish it to your exact specifications in one of Siesta Key’s most desirable communities.

Property Overview

Property TypeResidential
Sub TypeSingle Family Residence
MLS #A4690268
StatusActive
Year Built1954
Stories2
Total Rooms4
ConstructionBlock, Stucco, Wood Frame
RoofShingle
FoundationSlab
FacesSouth
SubdivisionBAY ISLAND SHORES
CountySarasota
OwnershipFee Simple
FurnishedNegotiable

Interior Features

InteriorCeiling Fan(s), Open Floorplan, Stone Counters, Walk-In Closet(s)
FlooringCarpet, Concrete, Tile
AppliancesNone
LaundryLaundry Room
CoolingCentral Air
HeatingCentral

Exterior & Lot

ExteriorBalcony, Lighting, Sliding Doors
Lot Size0.32 acres (13,912 sq ft)
Road SurfaceAsphalt
ViewWater

Pool & Spa

Private PoolYes
Pool FeaturesIn Ground
SpaIn Ground

Waterfront

WaterfrontYes
FeaturesCanal - Saltwater

Utilities

WaterPublic
SewerPublic Sewer
UtilitiesPublic

Parking

GarageYes (2 spaces)

HOA & Community

HOANo
Senior CommunityNo

Financial Details

List Price$3,950,000
Annual Taxes$40,498 (2025)
ZoningRSF1
Parcel #2019160007

Schools

ElementaryPhillippi Shores Elementary
MiddleBrookside Middle
HighSarasota High

Directions

From Midnight Pass Rd, turn onto Commonwealth Dr, follow to the end and turn left onto Freeling Dr; continue along the curve and the property will be on the right.

Location

847 FREELING DRIVE, SARASOTA, FL 34242

Listing Information

OfficeCOMPASS FLORIDA LLC
ListedApril 24, 2026

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Home Price

$3,950,000

20% ($790,000)
6.75%

Loan Term

Principal & Interest$20,496
Property Tax (est.)$3,621
Insurance (est.)$150
Total Monthly$24,267
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Nearby Schools

Financing a Luxury Home

Specialized financing for this $3,950,000 property in SARASOTA. Luxury purchases typically require jumbo or portfolio lending.

💎

Jumbo Loan

$395,000 Down

For homes exceeding conforming loan limits. Typically requires 10-20% down, strong credit, and reserves.

🎖️

VA Jumbo

$0 Down

VA-eligible borrowers can go above conforming limits with zero down in many cases.

🏦

Portfolio Loan

$592,500 Down

Held by the lender, not sold. Flexible terms for high-net-worth buyers with non-traditional income.

🔑

Bridge Loan

$790,000 Down

Short-term financing to buy before selling. Ideal for move-up buyers in competitive markets.

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Listing information is deemed reliable but not guaranteed. All measurements and data should be independently verified. This information is provided by the Stellar MLS. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. 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 last updated: April 25, 2026.

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