5.6 Acres of Land with Home for Sale in Sarasota, Florida

1386 Ranchero Dr, Sarasota, FL 34240

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$2,150,000
5.62 acres
Active sale agoEst $12,518/mo

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 $200k credit at closing to fully 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!

1,796
Sq feet
3
Beds
2
Full baths
1978
Built

Directions

I-75 to Fruitville Road (Exit 210) proceed East for 1 mile, turn left at first traffic light (Lakewood Ranch Blvd) turn right at second roundabout (onto Richardson Road) and take second left onto Ranchero Drive into the Pine Valley Estates Community.

Property details

Coordinates
27.3535, -82.4339
Community
Pine Valley Ranches
Zoning
OUE
Elevation
30 feet
MLS Number
MFRMLS T3518534
Date Listed

Legal description

Parcels

  • 0213080003

Property taxes

2023
$8,719

Expenses

Home Owner Assessments Fee
$58 monthly
Home Owner Assessments Fee
$700 annually

Resources

This 5.62-acre property is located at 1386 Ranchero Dr in Sarasota, FL 34240 with latitude 27.3535 and longitude -82.4339. The property is currently available for sale for $2,150,000. It has a 1,796 sq ft 3 bedroom, 2 bath house built in 1978. Listing data is sourced from Stellar MLS # T3518534.

Verify sale details at the property source or contact Flat Fee MLS Realty at (813) 699-9616.

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Copyright (C) 2024 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Listing checked and updated . Parcel data by Regrid.

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