Listing Details for MLS #A4488152
5351 Saddle Oak Trl, Sarasota, Fl

Residential Property - Single Family Residence in Sarasota

Listing Price: $650,000 (Sale Pending) (Mortgage Calculator →)Days on Market: 9

Description of Property

Crown jewel potential awaits the Buyer with the vision to finish this once stunning, Westwater Construction, custom-built estate. Situated on 6 ¾ acres with a beautiful lake in the desirable and gated equestrian community of Saddle Oak Estates, this completely block-construction home boats a show-stopper entrance with 30’ coffered ceilings and dramatic curved staircase. 5185 square feet of living space, this residence features 5 bedrooms, 5 baths, an upstairs bonus room with gorgeous views, and a study or media room. The previous owners walked away in the middle of a complete remodel and the house is now part of a Chapter 7 Bankruptcy. Construction stopped at the point where interior finishes were ready to begin. While extensive work is required, this is a great opportunity to choose cabinetry, flooring, lighting, pool package and other finishes necessary to restore this estate home. Located in the A-rated school zones of Lakeview Elementary, Sarasota Middle, and Riverview High, this property is the perfect oasis to raise a family. Property is being sold AS-IS and Proof of Funds must accompany all offers. All Contracts will be subject to Bankruptcy Court approval. This home will not qualify for homeowners insurance, therefore only CASH offers and renovation loans will be considered. Showings on Saturday, 1/16/21 from 10am - 1pm. Please schedule through Showingtime or call/text listing agent. Highest and Best Offers due by Tuesday, 1/19/21 at 5pm.