ActiveOpen House
$4,190,000
Est. $24,930/mo

838 Norsota Way, Sarasota, FL, 34242

$1,396/sqft·Bay Island

5 bd7 ba3,001 sqft3 car garageSingle Family
Listed by PHAM REALTY GROUP LLC· Last updated · MLS# A4688144

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Est. monthly payment
$24,930/mo
Down payment (20%)
$838,000
Property taxes
$982/mo
Rate assumed
6.8% · 30 yr
View full breakdown

At a glance

Single family
Built 2026
Private pool
Heated
3 car garage
0.32 acres
Lot size
3,001 sqft
Living area

New construction · 2026

Different rules apply when you buy new

Build snapshot

Build year
2026
Builder
Ask the team — not on MLS
Community
BAY ISLAND
Type
Single Family Residence

True monthly carry

HOA
None / TBD
CDD bond
No CDD disclosed
Builder incentives
Ask — change weekly

What we'll do for you on a new build

Builder contract redlines

Builder contracts favor the builder. We mark up the clauses you should push back on before you sign.

11-month inspection

Your 1-year warranty expires quietly. We book an independent inspection at month 11 — saves $5K+ on average in caught defects.

Verified incentives

We verify the current builder incentives every time we walk a community. Rate buy-downs, design-center credits, closing costs — all itemized.

Open house

Friday, Sep 11· 5:00 PM to 8:00 PM

About this home

Ceiling Fans(s)High CeilingsOpen FloorplanPrimary Bedroom Main FloorThermostatVaulted Ceiling(s)Walk-in Closet(s)Window Treatments

838 Norsota Way is a 2026-built home in Bay Island, Sarasota. Inside you'll find 5 bedrooms, 7 bathrooms, and 3,001 square feet of living space. Listed at $4,190,000 (about $1,396/sqft), 64 days on market. Flood zone AE - confirm flood insurance requirements with your lender.

From the listing

Pre-Construction. To be built. Discover timeless coastal elegance in this upcoming traditional-style new construction home, perfectly situated in the highly coveted Bay Island neighborhood on Siesta Key. Designed to blend modern sophistication with classic charm, this residence offers an extraordinary lifestyle of luxury and tranquility. Set on a 13,815 sqft. homesite, this 3,001 sqft. masterpiece features 5 spacious bedrooms, 5 full bathrooms, 2 half baths, and an office. There is opportunity for a private fitness studio, and there are 3 garage spaces. Thoughtfully curated interiors showcase refined finishes, soaring ceilings, and abundant natural light that capture lush landscaping views throughout. At the heart of the home lies a gourmet chef’s kitchen—a showpiece of design and functionality. A striking quartz waterfall island anchors the open-concept layout, framed by elegant pendant lighting, custom cabinetry, and top-of-the-line stainless steel appliances. Perfectly suited for entertaining or relaxed coastal living, the adjoining living and dining areas flow seamlessly to the outdoors. Step into your private tropical retreat, where a resort-style pool with a champagne spa is surrounded by lush landscaping and swaying palms. Host the family or guests with the covered outdoor kitchen and the dinning space. The outdoor living space is designed for serenity and sophistication, offering the ideal backdrop for gatherings or quiet moments alike. Located in one of Sarasota’s most desirable neighborhoods, this remarkable new construction home offers privacy, convenience, and effortless access to world-class beaches, fine dining, and vibrant cultural attractions. A rare opportunity to own a brand-new luxury residence on Bay Island—where coastal beauty meets timeless design.

The essentials

Built
2026
Price / sqft
$1,396
On market
164 days
Annual tax
$11,779
Flood zone
AE
Lot
13,815 sqft
Type
Single Family Residence

Location

838 Norsota Way
Sarasota, FL, 34242·34242 - Sarasota/Crescent Beach/Siesta Key
Type
Single Family Residence
Year Built
2026
Lot
13,815 sqft
Cooling
Central Air
Heating
Central
Parking
-
Pool
Heated, Lighting, Salt Water
Days on Market
164
Ceiling Fans(s)
High Ceilings
Open Floorplan
Primary Bedroom Main Floor
Thermostat
Vaulted Ceiling(s)
Walk-in Closet(s)
Window Treatments
Awning(s)
Lighting
Outdoor Kitchen
Private Mailbox
Rain Gutters
Convection Oven
Cooktop
Dishwasher
Disposal
Dryer
Microwave
Range
Range Hood
Refrigerator
Washer

Elementary

Phillippi Shores Elementary

Middle

Brookside Middle

High

Sarasota High

Districts can re-zone, so verify directly with the district before relying on these.

Flood Zone AE

Annual Tax (2025)

$11,779

Parcel #

2019090022

Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.

Subdivision

Bay Island

County

Sarasota

MLS Area

34242 - Sarasota/Crescent Beach/Siesta Key

Lot Size

13,815 sqft

Date
Event
Price
3/31/2026
Listed for sale
Source: Stellar MLS #A4688144
$4,190,000
$1,396/sqft
Est. monthly payment$24,929/mo
Principal & interest$21,853
Property taxes$982
Insurance$2,095
Down payment20% · $838,000
Interest rate6.80%
Loan term

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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.

Offer Insights

Choose an offer strength

List price: $4,190,000
$3.98M – $4.19M
95% – 100% of listTops out right at the list price
80% of listList price
29 of the last 56 home closings in 34242 landed at this number or higher (52%). The median one sat 87 days before it went under contract, and this one is on day 164.

Sample: 56 closed home sales in 34242 over the last 8 months, Stellar MLS. A starting point, not a guarantee.

Talk through an offer with our team

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