Views
Address
1386 Ranchero DRIVE, SARASOTA, FL
Price
$ 2,150,000
Property Attributes
  • MLS#T3518534
  • TypeSingle Family
  • CountySARASOTA
  • CitySARASOTA
  • AreaSarasota
  • NeighborhoodPine Valley Ranches
  • Zip34240
  • StyleSingle Family Residence
  • Year Built1978
  • Taxes$ 8718
  • Price$ 2,150,000
  • Bedrooms3
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage1796
  • Lot Size5.62 Acres
Data Source:
Stellar MLS
Property Description

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!

Price History
4/13/2024 Listed $2,150,000

General Features

Interior Features Eating Space In Kitchen,Open Floorplan,Vaulted Ceiling(s),Walk-In Closet(s)
Sewer Private Sewer,Septic Tank
Heating Electric
Cooling Central Air
Utilities Cable Available,Electricity Connected
Roof Metal
Appliances Dishwasher,Dryer,Electric Water Heater,Exhaust Fan,Refrigerator,Washer
Exterior Features Sidewalk,Sliding Doors,Storage
Zoning OUE
HOA 700
Garage Spaces 1
Association Fee Includes Private Road
Patio/Porch Features Enclosed,Screened
Pool Features Heated,In Ground,Lighting,Salt Water
Construction Materials Stucco
Pets Allowed Yes
Year Built 1978
View Pool,Trees/Woods
Levels One
Property SubType Single Family Residence
Tax Year 2023
Percent Ownership Fee Simple
Community Features Deed Restrictions,Stable(s)
Assoc Fee Paid Per Annually
County Sarasota
New Construction No
Property Type Residential
HOA / Comm Assn Yes
Attached Garage Yes
Subdivision Name PINE VALLEY RANCHES
Facing Direction West
Garage Y/N Yes
Other Structures Barn(s),Storage,Workshop
Total Rooms 7
Status Active
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 Ranc
City SARASOTA
Buyer Agent Compensation 2%-$400
Senior Community Y/N No
MLS Area 34240 - Sarasota
Lot Size Square Feet 244807
Private Pool Yes
Waterfront Y/N No
Carport Y/N No
Street Name Ranchero
Listing Terms Cash,Conventional,FHA,VA Loan
Property Attached Y/N No
Tax Annual Amount 8718.95
Public Remarks 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 livi
Lease Considered Y/N Yes
Virtual Tour https://www.propertypanorama.com/instaview/stellar/T3518534
Days on Market 14
Standard Status Active
Tax Lot 16
Legal Description LOT 16 PINE VALLEY RANCHES
Pet Size Limit Large (61-100 Lbs.)
Minimum Lease No Minimum
Monthly HOA Amount 58.33
Additional Rooms Florida Room

Interior Features

Flooring Tile
Furnished Y/N Unfurnished
Total Stories 1
Air Conditioning Y/N Yes
Heating Y/N Yes
Fireplace Y/N No
Full Baths 2
Street Suffix DRIVE
Laundry Features Other
Total Bedrooms 3
LivingAreaSource Public Records
Total Baths 2
Living Area Units Square Feet

Exterior Features

Fencing Fenced
Parking Features Driveway,Garage Door Opener,Workshop in Garage
Lot Features Oversized Lot,Street Dead-End,Zoned for Horses
Water Source Private,Well
Lot Size Area 5.62
Foundation Details Slab
Spa No
Building Area Total 4669
Lot Size Acres 5.62
Road Surface Type Paved
Lot Size Units Acres
Covered Spaces 1
Road Frontage Type Street Dead-End,Street Paved,Private Road
Open Parking Y/N Yes

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 34240

Price
AVG $1.32M
$2.15M
Taxes
AVG $6,682
$8,718
Visits
AVG 577
186
Data Provided by Inside Real Estate®
Year Built
AVG 2010
1978

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