Listing Details for MLS #A4655606
2866 E Rainbow Circle, Sarasota, Fl

Residential Property - Single Family Residence in Sarasota

Listing Price: $649,000 (Mortgage Calculator →)Days on Market: 1

Description of Property

Discover Your Dream Oasis in the Heart of Sarasota! This enchanting .49-acre property invites you to choose between an active urban farm or a tranquil private oasis, the possibilities are endless! Nestled at the peaceful end of a dead-end street in Flood Zone X, this 4-bedroom, 3-bath property, features a main house with an attached 2-car garage, and an established income-producing guest house: it is your canvas to create the lifestyle you have always wanted! The main home features a 2024 roof and a freshly painted exterior. Both the main and guest homes have been recently tented to ensure your peace of mind. The heart of the main home features a thoughtfully designed open floor plan, highlighting an inviting eat-in kitchen with quartz counter-tops, equipped with new smart Samsung appliances. Yes, you can control them from an app! All under warranty for your convenience! The kitchen is an open-concept to the spacious living room. Imagine entertaining in the spacious kitchen/living room or the fantastic great room, both boasting access to a lovely screened porch through pocketing sliding doors. Retreat to the primary bedroom, where you will find pocketing sliders that lead to the screened-in porch, a newly tiled en-suite bathroom with a standing shower, and a spacious walk-in closet. The second and third bedrooms are generously sized; one boasts a walk-in closet, while the other features its own private exterior entrance. The functional laundry room comes complete with washer & dryer, and ample built-in storage, ensuring you have all the space you need to stay organized. The 2 car garage has a door leading to the main yard, and an exterior window -- just add an a/c unit and you have now converted your garage into a gym! Don't forget about the detached guest house that serves as the fabulous 4th bedroom and 3rd bathroom, with a history of renting for $1,400/month! Produce income from the comfort of home. Outside of the guest house is a spacious covered patio that could be used as a carport. The inside is equipped with a wardrobe, a portable washing machine, a full-size refrigerator, a kitchenette, and an oversized bathroom with standing shower, filled with natural light. Nature Lovers Rejoice! Previously an urban farm, the property has thrived with native plants grown without pesticides. Reap the rewards of the mature landscaping, including magnificent oak trees! Currently flourishing with vegetables, fruits, and even supporting 3 happy chickens and a hive of 250,000 bees, producing 42 pounds of honey annually! Whether you're eager to cultivate your own urban farm or redesign the space with a privacy fence, this incredible lot delivers unmatched flexibility and serenity in Sarasota's heart. There is plenty of room to add a pool, outdoor kitchen, or even park your boat or RV. Don't miss this rare opportunity to own a slice of paradise in a non-HOA community: your urban retreat awaits!The average asking price for a 4 bedroom/3 bath single family residence in this Zip code is $1,889,276. This single family residence is listed at about 34% of the average asking price. There are 5 4 bedroom/3 bath homes between $450,000 and $750,000 currently listed for sale in this Zip code. See other listings like this one »