Active

1386 RANCHERO DR

SARASOTA FL, 34240

$1,975,000


$1,099.67 per sqft

Active

3 Beds

2 Baths

1,796 sqft

Residential

Built in 1978

RARE OPPORTUNITY!!! Let your dreams run wild on this nearly 6 acres tranquil estate near the heart of the city.

A combined square footage of 4,670+ square feet of multi-purpose buildings and living space including a 1,074 Sq Ft Barn, 1,800 Sq Ft shop/storage building and 1,796 Sq Ft single level ranch house.

Build your dream home here! Dual electric meters are already on site, awaiting your dream estate to be built. Turn the original ranch home into a guest home for extended family or rent it out for additional income.

((Seller is offering $100k credit at closing to remodel the home's interior, designed to suit the new owner's personal aesthetic taste.))


Horse lovers and auto enthusiasts will envy at the well-appointed layout of the property with a completely useable 5.86 acres. This estate has endless possibilities to suit your needs and dreams.

The property has mature tropical landscaping to ensure privacy including majestic hundred year old oak trees stretching across the property. Green eucalyptus and fuscia colored bougainvillea pop out from the park like forested fields backdrop. Palm trees and the seasonal flowering plants give off a relaxing tropical feel. Many established edible landscaping is located on site as well including tasty Japanese Plum trees, Grapefruit, Orange, Limes, Lemons, Palmetto berries, and a few varieties of Muscadine grape vines.

The original ranch house is located within only one mile to I-75 and directly below Lakewood Ranch Golf and Country Club, in the charming country setting of Pine Valley Estates. The community offers a tranquil lifestyle while being minutes away from the University Town Center Mall & Fine Dining, Nathan Benderson Park, Fruitville Commons Winery and niche restaurants, Downtown Sarasota, Marina Jack's, Van Wezel Preforming Arts Hall, Marie Selby Botanical Gardens, A Rated Schools, Breathtaking white sandy beaches directly on the Gulf of Mexico, countless fun activities await you in Sarasota!

The quaint old world Florida home has been well maintained. It features a great floor plan with 3 bedrooms, 2 full bathrooms & oversized attached 2 car garage featuring a handy side workshop area. Large family room, high vaulted living room ceilings, screened in lanai overlooking the property, custom koi pond, & a contemporary designed Junior Olympic sized swimming pool just waiting for you to jump in and take a swim! The pool is fully surrounded by an exceptionally large pure thick travertine deck.

For the Equine enthusiast is an impressive custom designed stable, with a large tack room able to accommodate 4 box stalls. (Or additional 2 car parking, and double doors offering additional room to store recreational vehicles, atvs, and a tractor if you so desire)

A safe serene family compound. This is the perfect property to raise a growing family, with plenty of space to accommodate all generations.

The entire property is fully fenced with 3 separate gated driveway entrances. This unique setup of the property allows you to build the home of your dreams. Use the current home as a guest house or rent it out for additional income.

A large storage building suitable for the collector accommodates 11-12 cars or easily double that amount with tall ceilings that can accommodate car lifts. Also ideal for RV and boat storage or to work from home. This parcel is zoned OUE (Open Use Estate). The possibilities are endless in Pine Valley Ranches!

T3518534

MLS ID

April 13, 2024

Listed

May 31, 2024

Updated

Map

1386 RANCHERO DR
SARASOTA FL, 34240

Interior Features

Total Stories

1


Bedrooms

3


Total Bathrooms

2


Full Bathrooms

2


Interior Features

Eat-in Kitchen, Open Floorplan, Vaulted Ceiling(s), Walk-In Closet(s)


Appliances

Dishwasher, Dryer, Electric Water Heater, Exhaust Fan, Refrigerator, Washer


Laundry Description

Other


Floor Description

Tile


Fireplace

No


Cooling

Yes


Cooling Description

Central Air


Heating

Yes


Heating Description

Electric

Exterior/Building Features

Lot Size

5.62 Acres


Exterior Features

Sidewalk, Sliding Doors, Storage


Lot Features

Oversized Lot, Street Dead-End, Paved, Private, Zoned for Horses


Roof

Metal


Sewer

Private Sewer, Septic Tank

Other Property Details

Area Name

34240 - Sarasota


Taxes

$8,719


Tax Frequency

Annually


Days on Market

27


Association Fee

$700


Association Fee Frequency

Yearly


Garage

Yes


Garage Spaces

1


Parking

Driveway, Garage Door Opener, Workshop in Garage


View

Yes


View Description

Pool, Trees/Woods


County

Sarasota


Municipality

36S


Water Source

Private, Well


Pool

Yes


Pool Features

Heated, In Ground, Lighting, Salt Water


Zoning

OUE


Buyer Agency Compensation

2%-$400

Listing History

Date

Event

Price

5/10/2024

Price Change

$1,975,000

-9%

Listed by FLAT FEE MLS REALTY
Listing Contact: 813-642-6030 

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Data last updated 5/31/2024, 3:05 PM UTC

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