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Overview

5 bd7 ba3,001 sqftSingle Family
TypeSingle Family
HOANone listed
Built2027
Lot13,815 sqft
Living area3,001 sqft
Price / sqft$1,396

Ask anything about this home

Pricing, comps, HOA, the neighborhood. Answers before you fill out anything.

New construction · 2027

Different rules apply when you buy new

Build snapshot

Build year
2027
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.

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 2027-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), 22 days on market. Flood zone AE - confirm flood insurance requirements with your lender.

From the listing

Under Construction. To be complete in a few months. 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-square-foot homesite, this 3,001-square-foot residence features 5 spacious bedrooms, 5 full bathrooms, 2 half baths, an office, the opportunity for a private fitness studio, and 3 garage spaces. Thoughtfully curated interiors showcase refined finishes, soaring ceilings, and abundant natural light. At the heart of the home lies a gourmet chef’s kitchen with a striking quartz waterfall island, elegant pendant lighting, and custom cabinetry. The premium appliance suite includes a 72-inch Sub-Zero refrigerator, Cove dishwasher, and Wolf range, coffee maker, and microwave. The adjoining living and dining areas flow seamlessly outdoors. Step into a private tropical retreat featuring an elevated pool deck with a resort-style pool and champagne spa, a spacious outdoor patio, and a covered outdoor kitchen. Surrounded by lush landscaping and swaying palms, the patio offers ample room for outdoor dining, entertaining, and relaxing by the pool. 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. Includes artist’s rendering of proposed completed residence.

The essentials

Built
2027
Price / sqft
$1,396
On market
22 days
Annual tax
$11,779
Flood zone
AE
Lot
13,815 sqft
Type
Single Family Residence

At a glance

Single family
Built 2027
0.32 acres
Lot size
3,001 sqft
Living area
Brand new
Built 2027

Payment

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

Details

Type
Single Family Residence
Year Built
2027
Lot
13,815 sqft
Cooling
Central Air
Heating
Central
Parking
-
Days on Market
22
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

Price history

Date
Event
Price
10/23/2026
Listed for sale
Source: Stellar MLS #A4710682
$4,190,000
$1,396/sqft

Neighborhood

838 Norsota Way
Sarasota, FL, 34242 · 34242 - Sarasota/Crescent Beach/Siesta Key

Market insights

Offer Insights

Choose an offer strength

List price: $4,190,000
$3.97M – $4.19M
94.9% – 100% of listTops out right at the list price
80% of listList price
46 of the last 90 home closings in 34242 landed at this number or higher (51%). The median one sat 87 days before it went under contract, and this one is on day 22.

Sample: 90 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

Calculator

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.

Quick answers.

Price

$4,190,000

$1,396 per sq ft

Beds and baths

5 beds, 7 baths

Size

3,001 sq ft

Time on market

22 days

Year built

2027

Monthly payment

About $24,930/mo

That is 20% down on a 30-year fixed at 6.8%, plus the home's $11,779 annual tax bill, insurance.

Flood zone

Zone AE

That is a high-risk designation, so a lender will normally require flood insurance. Confirm the current rate before you write an offer.

Offer

What should I offer?

Have another question?

Brokered byPHAM REALTY GROUP LLCListing agent: Faith StutzmanListing data from Stellar MLS, MLS# A4710682.

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