1386 Ranchero Drive, Sarasota, FL 34240

$1,975,000
3
BD
2
BA
1,796
SqFt
List Price
$1,975,000
Status
Active
Days on Market
38
Price Change
▼ $175,000 1715368778
MLS#
T3518534
Property Style
Single Family
Year Built
1978
Bedrooms
3
Bathrooms
2
Living Area
1,796
Lot Size
244,807
Acres
5.62
Total Acreage
5 to less than 10
Legal Subdivision Name
Pine Valley Ranches
Community Name
Pine Valley Ranches
MLS Area Major
Sarasota

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 $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!

Additional Information

Taxes
$8718
Minimum Lease
No Minimum
HOA Fee
$700
HOA Payment Schedule
Annually
Maintenance Includes
Private Road
Location
Oversized Lot, Street Dead-End, Paved, Private, Zoned for Horses
Community Features
Deed Restrictions, Stable(s)
Property Description
One Story
Zoning
OUE
Interior Layout
Eat-in Kitchen, Open Floorplan, Vaulted Ceiling(s), Walk-In Closet(s)
Interior Features
Eat-in Kitchen, Open Floorplan, Vaulted Ceiling(s), Walk-In Closet(s)
Floor
Tile
Appliances
Dishwasher, Dryer, Electric Water Heater, Exhaust Fan, Refrigerator, Washer
Utilities
Cable Available, Electricity Connected
Heating
Electric
Air Conditioning
Central Air
Exterior Construction
Stucco
Exterior Features
Sidewalk, Sliding Doors, Storage
Roof
Metal
Foundation
Slab
Pool
Private
Pool Type
Heated, In Ground, Lighting, Salt Water
Garage Carport
1 Car Garage
Garage Spaces
1
Garage Features
Driveway, Garage Door Opener, Workshop in Garage
Garage Dimensions
30x60
Fences
Fenced
Pets
Allowed
Max Pet Weight
300
Pet Size
Large (61-100 Lbs.)
Flood Zone Code
X
Parcel ID
0213080003
Legal Description
LOT 16 PINE VALLEY RANCHES

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Listing courtesy of FLAT FEE MLS REALTY.

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