Listing Details for MLS #A4482036
966 Alameda Ln, Sarasota, Fl

Residential Property - Single Family Residence in Sarasota

Listing Price: $595,000 (Mortgage Calculator →)Days on Market: 21

Description of Property

To Be Built - You are buying the Land (16,670 Sq’ lot), and an existing very nice 1BR Guest House w/ Studio and Garage, the 2nd home on the property is deemed to be a teardown and will need to be scraped to build the rendering or a home of your choosing (at additional cost). Plus the opportunity work with Sarasota School of Architecture's Frank Folsom Smith to build the rendering shown with award-winning builder Josh Wynne Construction (or builder of your choice). Frank has owned this property for over 10 years and has been marinating on what would be the best home to put on this land and he has come up with what he calls "The Flex House". He has come up with this name because it could be a live-work, multi-generation, kids home from college, live-in help/home care, age in place home, rent out one or the other for income, or any combination of the above. The home should Flex to accommodate all styles of living for today and tomorrow. The existing 1BR/1BA Guest House has been lovingly remodeled to a high and green standard by Frank and John Lambie of “Florida House” fame. They gutted it down to the studs and installed new plumbing, electrical, and insulation along with Low-E hurricane rated windows and doors, stone counters and IKEA gloss soft close cabinets, in the kitchen and bath. A full-size washer and dryer and ample open space make for comfortable living along with the 10x13 bedroom. Off the guest house is the charming original air-conditioned Studio & 2 Car Gar which provides the opportunity for live work or hobby space. The land is in zone “x” requiring no flood insurance and it is nice and flat with some truly lovely tall trees and palms and other tropical plants on this quiet side street that is a few homes away from Sarasota Bay in the highly desirable West of Trail Indian Beach area just minutes to downtown or the Ringling Museum, Asolo Repertory Theater, Ringling College of Art & Design, New College, USF, and SRQ airport. The final home build will depend on your final design and level of finishes. This is a once in a lifetime rare opportunity. Carpe Diem!The average asking price for a 5 bedroom/3 bath single family residence in this Zip code is $412,500. This single family residence is listed at about 144% of the average asking price. This is the only 5 bedroom/3 bath single family residence between $450,000 and $750,000 currently listed for sale in this Zip code.