Residential Property - Single Family Residence in Sarasota
Listing Price: $1,490,000 (Mortgage Calculator →)
Description of Property
OWNER IS MOTIVATED AND ENTERTAINING ALL OFFERS! Myakka Valley Ranches, “Sarasota County’s last frontier:” Great opportunity to acquire a beautiful, very private, 5-acre lot with 2 big homes (each with an attached air-conditioned garage), a spectacular pool, and a big air-conditioned outbuilding for a remarkably low price. The 3,515 SF 2-story home in the front has a ground floor master suite with skylights, and two bedrooms upstairs, both with en suite bathrooms. The large kitchen was fully renovated in 2011, with quartz countertops, center island and seating peninsula; walk-in party. Large living room with fireplace, and dining room, fully renovated in 2023. The home has four baths, an upstairs balcony/deck with beautiful views of the pond, and several screened porches. The downstairs master is currently used as a work area. This could also serve as a rental since it has a utility kitchen and a bathroom. In front of the home is a 1,092 sf air-conditioned building, which was once a 3-car garage (the overhead doors are still in place). It features a kitchenette and a half bath. This would be a great space for a studio, caretaker, home-schooling office, you name it. On the left side of the house is an attached carport, which is connected to an air-conditioned 702 sf 2- car garage. The 2,848 sf home in the back of the property features a big (1,800 sf) pool deck with a spectacular ray-shaped heated pool. In its center is a built-in hot tub with ray-shaped grotto and waterfall. A huge industrial fan is one of the first things you notice upon entering the light and bright 20 x 40 studio/office on the south side of the house. A breezeway connects the house to an 1,131 sf 3-car air-conditioned garage. The 5+ acre lot is spectacular: a big pond in the center separates the two homes, while many big live oak trees, all kinds of palm trees, and bamboo clusters give it a distinctly tropical, “Florida” vibe. The reason that this property is priced so competitively (7,455 SF airconditioned living space, at $199/SF, compared to a median sale price of $401/sf in the community since 1/7/23) has to do with the unfortunate effect of hurricane Ian, an exceptionally destructive storm: the back house flooded in 9/23, and will need a major make-over. A beginning has been made: floors, doors, closets, bathroom fixtures, appliances, kitchen cabinets, and all the affected sections of drywall have been removed, and mold remediation has taken place. The A/C is running, and the pool is clean. It was planned as a 3/2 house, but it would be rather easy to change this configuration. Because the front house is higher (flood zone x), it only had minor water intrusion, which has been professionally restored. Myakka Valley Ranches is one of the most beautiful equestrian communities in Sarasota. The ca. 280 homes are all situated on at least 5 acres. Winding roads and nature trails provide its residents with the opportunity to walk, ride their bicycle or horse in a stunningly beautiful environment. There is even a community park (close to the listing), where one can launch a kayak, and paddle to the Upper Lake of Myakka River State Park, Florida’s biggest state park at 37,000 acres. Downtown Sarasota, with its many cultural amenities, is only 40 minutes away, as are the award-winning beaches of Siesta Key. Great restaurants, shops, and good public and private schools are all within 30 minutes from “the Valley,” as the locals call their slice of paradise.
Bedrooms: 6
Bathrooms: 6
Half Baths: 2
Sq. Ft. Gross: 10,886
Garage: Yes5 vehicles
Carport: Yes2 vehicles
Parking Features:
- Boat
- Converted Garage
- Driveway
- Garage Door Opener
- Golf Cart Parking
- Guest
- Off Street
- Oversized
- Parking Pad
- RV Parking
Private Pool: Yes
Pool Features:
- Gunite
- Heated
- Lighting
Spa Features: Heated
Water Frontage:
Water Features:
Water Access:
Property Details At A Glance
Property Type: Residential
Property Use or Sub Type: Single Family Residence
City: Sarasota
County: Sarasota
Subdivision: Myakka Valley Ranches
Bedrooms: 6
Bathrooms: 6
Half Baths: 2
Sq. Ft. Gross: 10,886
Sq. Ft. Living Area: 7,455
Cost per (heated) sqare foot: $200
Year built: 1980
Annual Tax: $12,358
HOA Fee: $650 Annually
Taxes and fees can change periodically, and other fees may apply. Please check with your Suncoasteam agent for more details.
- Common Area Taxes
- Escrow Reserves Fund
- Private Road
Interior Features:
- Ceiling Fan(s)
- High Ceilings
- Living Room/Dining Room Combo
- Open Floorplan
- Primary Bedroom Main Floor
- Skylight(s)
- Stone Counters
- Thermostat
- Walk-In Closet(s)
Appliances:
- Dishwasher
- Dryer
- Electric Water Heater
- Range
- Range Hood
- Refrigerator
- Washer
Accessibility Features:
Fireplace: Yes
Fireplace Features: Living Room, Wood Burning
Window Features: Impact Glass/Storm Windows
Additional Rooms:
- Den/Library/Office
- Garage Apartment
- Interior In-Law Suite w/Private Entry
Ceiling Type:
Flooring:
- Carpet
- Ceramic Tile
- Hardwood
Laundry Features:
- Electric Dryer Hookup
- Inside
- Laundry Room
Schools
Elementary School: Lakeview Elementary
Middle/Junior High School: Sarasota Middle
High School: Riverview High
Pool & Waterfront Info
Private Pool: Yes
Pool Features:
- Gunite
- Heated
- Lighting
Spa Features: Heated
Water Frontage:
Water Access: Not specified
Water Access Type:
Water View:
Exterior & Construction
Architectural Style: Florida, Ranch
- Block
- Stucco
- Wood Frame
Foundation: Slab
Roof: Shingle
- Balcony
- Lighting
- Sliding Doors
Garage: Yes
Garage Spaces: 5
Carport: Yes
Carport Spaces: 2
- Boat
- Converted Garage
- Driveway
- Garage Door Opener
- Golf Cart Parking
- Guest
- Off Street
- Oversized
- Parking Pad
- RV Parking
Floors Total: 2
Floors in Unit: Two
Cooling: Central Air
- Central
- Electric
- Heat Pump
Electric:
Patio & Porch Features:
- Covered
- Deck
- Front Porch
- Rear Porch
- Screened
Security Features:
Other Structures:
- Additional Single Family Home
- Guest House
- Storage
- Workshop
View: Trees/Woods
Fencing:
Sewer: Septic Tank
Water Source: Well
Community Features:
- River
- Horses Allowed
- Park
Association Amenities: Fence Restrictions, Park
Lot Information
Lot Features:
- Flood Insurance Required
- Flood Zone
- In County
- Pasture
- Private
- Zoned for Horses
Lot Size (acres): 5
Lot Size (sq. ft.): 217,809 square feet
Front Exposure: West
Adjoining Property:
Current Adjacent Use:
Legal Description & Other Information
Financing Available: Cash, Conventional
Parcel Number: 0594011571
Zoning: OUE1
Pets Allowed/Pet Policies: Yes
Tax Legal Desc.: PART OF LOT 157 DESC AS COM AT SW COR OF LOT 157 SAID COR BEING C/L OF PRIVATE EASMT TH N-33-29- 17-E ALG C/L 59.81 FT TO POB TH N-33-29-17-E 200 FT TH LEAVING C/L OF LOT 157 TH E 1265.28 FT TH
Disclosures: HOA/PUD/Condo Disclosure, Seller Property Disclosure
Section: 9
Range: 20E
Listing courtesy of COLDWELL BANKER REALTY. The information relating to real estate for sale on this website comes in part from the My Florida Regional MLS DBA Stellar MLS. This information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.