1386 Ranchero Drive, Sarasota, FL 34240 (MLS # T3518534)


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PRICE $2,150,000 dsIDX morgage calculator
BEDS 3
BATHS 2
HOME SIZE 1,796 sqft
LOT SIZE 5.62 ac

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!

DAYS ON MARKET 19 LAST UPDATED 4/13/2024
TRACT PINE VALLEY RANCHES YEAR BUILT 1978
COMMUNITY 34240 - Sarasota GARAGE SPACES 1.0
COUNTY Sarasota STATUS Active
PROPERTY TYPE(S) Single Family


ADDITIONAL DETAILS
AIR Central Air
AIR CONDITIONING Yes
APPLIANCES Dishwasher, Dryer, Electric Water Heater, Exhaust Fan, Refrigerator, Washer
AREA 34240 - Sarasota
BARN/EQUESTRIAN Yes
BUYER'S BROKERAGE COMPENSATION 2%-$400
CONSTRUCTION Stucco
EXTERIOR Storage
GARAGE Yes
HEAT Electric
HOA DUES 700|Annually
INTERIOR Eat-in Kitchen, Open Floorplan, Vaulted Ceiling(s), Walk-In Closet(s)
LOT 5.62 acre(s)
LOT DESCRIPTION Paved, Private, Wooded
PARKING Driveway, Garage Door Opener, Workshop in Garage, Attached
POOL Yes
POOL DESCRIPTION Heated, In Ground, Salt Water, Private
SEWER Private Sewer, Septic Tank
STORIES 1
SUBDIVISION PINE VALLEY RANCHES
TAXES 8718.95
UTILITIES Cable Available, Electricity Connected
VIEW Yes
VIEW DESCRIPTION Pool, Trees/Woods
WATER Private, Well
ZONING OUE
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

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Listing provided by Stephen Hachey, FLAT FEE MLS REALTY, 813-642-6030
The information contained herein has been provided by My Florida Regional MLS DBA Stellar MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Listings last updated 5/2/24 9:48 AM PDT.

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