Listing Details for MLS #A4656045
8240 Cypress Lake Drive, Sarasota, Fl

Residential Property - Single Family Residence in Sarasota

Listing Price: $375,000 (Mortgage Calculator →)

Description of Property

Privately positioned at the end of a tranquil cul-de-sac, this home is situated on an expansive pie-shaped lot offering serene pond views and a rare connection to nature, all while maintaining effortless access to urban conveniences. Spanning nearly 20,000 sq ft of land adorned with mature trees and captivating water views, the home boasts a thoughtfully designed split floor plan. Two generously proportioned primary suites provide versatility, ideal for multigenerational living or accommodating long-term guests. The vaulted ceilings, clerestory windows, and a spacious great room seamlessly flow into the screened lanai with a pool and spa—perfect for embracing the best of indoor-outdoor Florida living. The two primary suites feature distinct luxuries: one with a walk-in shower, and the other with a soaking tub, walk-in shower, and a private water closet with its own sink. Two additional bedrooms share a third full bath with dual sinks, separate bathtub and shower, and water closet, ensuring the layout adapts to a wide range of needs. Need storage? Closet space abounds along with an oversized 25ft deep 2-car garage and a storage/utility room off the pool area. Located just minutes from University Town Center, Sarasota-Bradenton International Airport, I-75, Lakewood Ranch, downtown Sarasota, and the area’s iconic beaches, this property strikes a perfect balance between privacy and possibility in one of Sarasota’s most sought-after neighborhoods. What makes it even more appealing is the low HOA fee of just $320/year and no costly CDD. Situated within Country Oaks, a well-established community with mature landscaping and wide streets, residents here enjoy access to a gated community pool and two tennis courts—amenities that support a relaxed, active lifestyle and opportunities to connect with neighbors. Adding to its appeal, the property is right around the corner from Conservatory Park Reserve, a breathtaking 55-acre haven that invites outdoor enthusiasts to enjoy shaded walking trails, a serene fishing lake, picnic areas, a playground, and a fitness circuit. Whether it’s morning outings with your dog, weekend family picnics, or quiet sunset strolls, this park elevates the outdoor lifestyle to an unmatched level. However, this home is more than a picturesque retreat—it’s an “as-is” sale and a true renovation project. The home requires comprehensive updates, including a new roof, HVAC, kitchen, bathrooms, flooring, siding, and pool heater. For investors, builders, or visionary buyers, this is an extraordinary opportunity to reimagine a property with robust architectural foundations and limitless potential. This is not just a renovation; it’s a chance to craft a lifestyle rooted in space, serenity, and possibility. With the right updates, this property could transform into a one-of-a-kind haven, offering enduring value and daily moments of joy.The average asking price for a 4 bedroom/3 bath single family residence in this Zip code is $681,190. This single family residence is listed at about 55% of the average asking price. This is the only 4 bedroom/3 bath single family residence between $300,000 and $500,000 currently listed for sale in this Zip code.