Listing Details for MLS #G5115287
5650 Churchill Downs Road, Sarasota, Fl

Residential Property - Single Family Residence in Sarasota

Listing Price: $1,150,000 (Mortgage Calculator →)Cumulative Days on Market: 27

Description of Property

Rare opportunity to own 5.74 private acres in one of Sarasota's most desirable locations. Hidden at the end of a quiet cul-de-sac and reached by your own long private driveway, this exceptional property is completely secluded from the road, providing a level of privacy and tranquility that's increasingly difficult to find while remaining just minutes from shopping, dining, top-rated schools, Siesta Key and other world-famous Gulf beaches, and everyday conveniences. Located in Flood Zone X, with no HOA and no deed restrictions, you'll have the freedom to enjoy a true country lifestyle with horses, livestock, RVs, boats, work equipment, and all the toys. Designed for those who appreciate the equestrian lifestyle, the property is anchored by an impressive 4,000-square-foot concrete block barn featuring seven horse stalls, an attached four-car garage, and an expansive approximately 750-square-foot tack, feed, and utility room with great potential for conversion into a ranch hand or mother-in-law suite. An additional 600-square-foot detached two-car garage provides even more space for vehicles, equipment, storage, or a workshop. The 4-bedroom, 3-bathroom concrete block home has already been taken down to the studs in preparation for a custom renovation, providing a rare opportunity to design and finish the home exactly to your vision without the expense and effort of demolition. An existing pool is also ready to be restored and incorporated into your dream estate. Constructing buildings of this size and quality today would require a substantial investment, making this an extraordinary foundation for a premier equestrian estate. The beautifully maintained grounds provide plenty of room for horses to roam, ride, and graze while still leaving ample space for additional livestock, gardens, orchards, recreational vehicles, and future additions. A scenic pond with its own dock creates the perfect place to relax, enjoy the view, cast a fishing line, or simply take in the peaceful surroundings. Whether you're envisioning an equestrian estate, a private family retreat, or a luxury country residence, this property is an outstanding canvas in an incredible Sarasota location. A rare benefit for a property of this size is that while the home is currently served by well and septic, public water and sewer are available on the property for connection, providing unique flexibility that's seldom found on acreage properties. An additional 3.7 contiguous acres directly south of the property are also available for purchase, creating the rare opportunity to expand the estate to 9.44 acres, if desired.The average asking price for a 4 bedroom/3 bath single family residence in this Zip code is $837,786. This single family residence is listed at about 137% of the average asking price. There are 6 4 bedroom/3 bath homes between $1,000,000 and $1,400,000 currently listed for sale in this Zip code. See other listings like this one »