749 Freeling DRIVE, Siesta Key, FL, 34242 | $5,950,000

Experience coastal elegance and ultimate island living in this extraordinary gated waterfront estate, Casa della Fontana, the Fountain House. This home offers the ideal blend of luxury, privacy, and convenience on a tranquil street on Siesta Key's coveted north end. Just minutes from everything on and off the island, this residence is poised on a deep sailboat water bayou just off Sarasota Bay and the Intracoastal Waterway. Enjoy a quick boat ride through Big Pass to the Gulf of Mexico, making it a haven for boating enthusiasts.
The heart of this magnificent property is the great room, offering tranquil water views and a full balcony through French doors. This stunning space features soaring 20-foot beamed ceilings surrounded by a two-story library. A breathtaking gallery and loft overlook the dining area, complemented by custom hand-hewn wood trestles and iron railings from Tampa's renowned Vasquez Forge. Adding a touch of enchantment, a hidden wood-paneled staircase awaits discovery. The gourmand's kitchen boasts top-of-the-line Wolf, Sub-Zero, and Miele appliances, exquisite quartzite countertops, a coffered ceiling, a spacious waterfront breakfast area, and a functional walk-in pantry. Hand-hewn beams incorporated throughout the house and lanai enhance the seamless blend of old-world charm. Retreat to the waterfront owner’s suite, featuring an expansive bedroom, two private balconies, two luxurious baths, a central walk-in shower with dual entries, and two walk-in closets.
The private guest wing offers three bedrooms, three baths, two balconies, and private exterior access to the driveway, ensuring comfort and privacy for family and guests. The outdoor living space is an entertainer's dream, featuring a summer kitchen, heated pool, hot tub, and a 1, 000-square-foot covered area with multiple seating spaces. Nearby, an additional pool-level guest suite, media-game room, and workshop offer a retreat for relaxation after a day on the water. Boating and fishing enthusiasts will relish the property's three exceptional boat lifts: a 10, 000-pound lift, a davit lift, and a two-post lift, ideal for a small boat, kayak, or jet ski with docking space for a vessel up to 45 feet. The dock, complete with a fishing table and underwater lights, attracts a variety of marine life, including snook, Spanish mackerel, sheepshead, redfish, and juvenile tarpon. The oversized three-car garage is equipped with hurricane-rated doors, and a newly refinished natural stone paver driveway can accommodate up to 20 cars. This fabulous residence was meticulously transformed into a masterpiece through a two-year, million-dollar renovation where safety and structural integrity were essential. Built by the commercial builder Magnum Construction, the home has storm-resistant features such as concrete and rebar footings, and the main living level is at 16 feet elevation. The numerous upgrades include a new Spanish barrel tile roof, new paint, a pergola, redesigned landscaping and irrigation, new HVAC and duct systems, tankless water heaters, a pool and irrigation pump, a pool heater, Control4 home automation, a whole-house generator, and removable hurricane curtains. This remarkable residence is not just a home; it’s a lifestyle. Don't miss this opportunity to experience the best of waterfront living on Siesta Key! Close to the world-famous white sands of Siesta Beach, Siesta Village, and vibrant downtown Sarasota's restaurants, shopping, museums, and entertainment.

Features

  • Elevator: Y
  • Rooms: 14
  • Bedrooms: 4
  • Baths: 4 full / 1 half
  • Laundry: Laundry Room
  • Year Built: 1997
  • Garage: 3-car Circular Driveway, Driveway, Garage Faces Side
  • Heating: Central, Zoned
  • Cooling: Central Air
  • Approx Sq. Feet: 6,827
  • Acreage: 0.44
  • Est. Taxes: $39,493
  • Lot Desc: FloodZone, City Lot, Street Dead-End
  • View: Pool, Water
  • Elem. School: Phillippi Shores Elementary
  • Middle School: Brookside Middle
  • High School: Sarasota High
  • Pool: Gunite, Heated, In Ground, Screen Enclosure
  • Pet Policy: Yes
  • Appliances: Dishwasher, Disposal, Dryer, Gas Water Heater, Microwave, Range Hood, Refrigerator, Tankless Water Heater, Trash Compactor, Washer, Wine Refrigerator
  • MLS#: A4632580
  • Days on Market: 1 day
  • Website: https://www.raveis.com
    /eprop/A4632580/749freelingdrive_siestakey_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is 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. (last updated 1/8/2025 10:18:56 AM)
Listing courtesy of PREMIER SOTHEBYS INTL REALTY   Phone: 941-364-4000

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NMLS Mortgage Loan Originator ID 16953

917.838.7300

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749 Freeling DRIVE, Siesta Key, FL, 34242

$5,950,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $4,760,000 $4,760,000 $4,760,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.750% 6.625% 6.625%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.559% 6.723% 6.847%
Monthly Tax Payment $3,291 $3,291 $3,291
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $30,873 $30,479 $41,793
Total Monthly Payment $34,289 $33,895 $45,209

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.