Price: $2,150,000
Beds: 3
Baths: 2
Living Area SqFt: 1,796
Status: Active
Property Type: Single Family Residence
Lot Size Acres: 5.62
Lot Size SqFt: 244,807
Year Built: 1978
Neighborhood: Pine Valley Ranches
Days on Website: 16

Courtesy of FLAT FEE MLS REALTY {attribution_contact}

Property Description

RARE OPPORTUNITY!!! Let your dreams run wild on this nearly 6 acres tranquil estate near the heart of the city. A combined square footage of 4,670+ square feet of multi-purpose buildings and living space including a 1,074 Sq Ft Barn, 1,800 Sq Ft shop/storage building and 1,796 Sq Ft single level ranch house. Build your dream home here! Dual electric meters are already on site, awaiting your dream estate to be built. Turn the original ranch home into a guest home for extended family or rent it out for additional income. ((Seller is offering $200k credit at closing to fully remodel the home’s interior, designed to suit the new owner’s personal aesthetic taste.)) Horse lovers and auto enthusiasts will envy at the well-appointed layout of the property with a completely useable 5.86 acres. This estate has endless possibilities to suit your needs and dreams. The property has mature tropical landscaping to ensure privacy including majestic hundred year old oak trees stretching across the property. Green eucalyptus and fuscia colored bougainvillea pop out from the park like forested fields backdrop. Palm trees and the seasonal flowering plants give off a relaxing tropical feel. Many established edible landscaping is located on site as well including tasty Japanese Plum trees, Grapefruit, Orange, Limes, Lemons, Palmetto berries, and a few varieties of Muscadine grape vines. The original ranch house is located within only one mile to I-75 and directly below Lakewood Ranch Golf and Country Club, in the charming country setting of Pine Valley Estates. The community offers a tranquil lifestyle while being minutes away from the University Town Center Mall & Fine Dining, Nathan Benderson Park, Fruitville Commons Winery and niche restaurants, Downtown Sarasota, Marina Jack’s, Van Wezel Preforming Arts Hall, Marie Selby Botanical Gardens, A Rated Schools, Breathtaking white sandy beaches directly on the Gulf of Mexico, countless fun activities await you in Sarasota! The quaint old world Florida home has been well maintained. It features a great floor plan with 3 bedrooms, 2 full bathrooms & oversized attached 2 car garage featuring a handy side workshop area. Large family room, high vaulted living room ceilings, screened in lanai overlooking the property, custom koi pond, & a contemporary designed Junior Olympic sized swimming pool just waiting for you to jump in and take a swim! The pool is fully surrounded by an exceptionally large pure thick travertine deck. For the Equine enthusiast is an impressive custom designed stable, with a large tack room able to accommodate 4 box stalls. (Or additional 2 car parking, and double doors offering additional room to store recreational vehicles, atvs, and a tractor if you so desire) A safe serene family compound. This is the perfect property to raise a growing family, with plenty of space to accommodate all generations. The entire property is fully fenced with 3 separate gated driveway entrances. This unique setup of the property allows you to build the home of your dreams. Use the current home as a guest house or rent it out for additional income. A large storage building suitable for the collector accommodates 11-12 cars or easily double that amount with tall ceilings that can accommodate car lifts. Also ideal for RV and boat storage or to work from home. This parcel is zoned OUE (Open Use Estate). The possibilities are endless in Pine Valley Ranches!

Property Details and Features

  • Pets Policy
  • Pet Size: Large (61-100 Lbs.)
  • Max Pet Weight: 300
  • Number Of Pets: 10+
  • Pets Allowed: “Yes”
  • Building
  • Living Area Meters: 166.85
  • Room Count: 7
  • Building Area Total: 4669
  • Building Area Units: Square Feet
  • Construction Materials: “Stucco”
  • Direction Faces: West
  • Levels: “One”
  • Living Area: 1796
  • Stories Total: 1
  • Year Built: 1978
  • Fees
  • Total Annual Fees: $700
  • Total Monthly Fees: $58
  • Garage
  • Garage Dimensions: 30×60
  • Attached Garage Yn: t
  • Garage Spaces: 1
  • Home Owner’s Association
  • Association Email: pinevalleyhoa@gmail.com
  • Association Fee Requirement: Required
  • Monthly HOA Amount: $58
  • Association Fee Frequency: Annually
  • Association Fee Includes: “Private Road”
  • Association Fee: $700
  • Association Name: Robert Hamilton
  • Association Phone: 941-725-2288
  • Listing
  • Available For Lease
  • Minimum Lease: No Minimum
  • Calculated List Price By Calculated Sq Ft: $1,197
  • Lot
  • Lot Size Square Meters: 22743
  • Total Acreage: 5 to less than 10
  • Features: “Oversized Lot”, “Street Dead-End”, “Paved”, “Private”, “Zoned for Horses”
  • 5.62 acres
  • 244807 square feet
  • View: “Pool”, “Trees/Woods”
  • Miscellaneous
  • Number Times per Year: 100
  • Pool
  • Pool Dimensions: 44×24
  • Pool Features: “Heated”, “In Ground”, “Lighting”, “Salt Water”
  • Additional Rooms
  • Additional Rooms: Florida Room
  • Property Access
  • Road Surface: “Paved”
  • Appliances & Equipment
  • Appliances: “Dishwasher”, “Dryer”, “Electric Water Heater”, “Exhaust Fan”, “Refrigerator”, “Washer”
  • Bathrooms
  • 2 full bathrooms
  • Bedrooms
  • Bedrooms Total: 3
  • Community
  • Community Features: “Deed Restrictions”, “Stable(s)”
  • Cooling
  • Cooling: “Central Air”
  • Exterior Features
  • Exterior Features: “Sidewalk”, “Sliding Doors”, “Storage”
  • Fence
  • Fencing: “Fenced”
  • Floors
  • Flooring: “Tile”
  • Foundation
  • Foundation Details: “Slab”
  • Heating
  • Heating: “Electric”
  • Interior Features
  • Furnished: Unfurnished
  • Interior Features: “Eat-in Kitchen”, “Open Floorplan”, “Vaulted Ceiling(s)”, “Walk-In Closet(s)”
  • Laundry
  • Laundry Features: “Other”
  • Location
  • County or Parish: Sarasota
  • Subdivision: PINE VALLEY RANCHES
  • Township: 36S
  • Parking
  • Parking Features: “Driveway”, “Garage Door Opener”, “Workshop in Garage”
  • Property
  • Other Structures: “Barn(s)”, “Storage”, “Workshop”
  • Patio and Porch Features: “Enclosed”, “Screened”
  • Vegetation: “Mature Landscaping”, “Oak Trees”, “Wooded”
  • Zoning: OUE
  • Roof
  • Roof: “Metal”
  • Sewer
  • Sewer: “Private Sewer”, “Septic Tank”
  • Utilities
  • Utilities: “Cable Available”, “Electricity Connected”
  • Water Source: “Private”, “Well”

Property Map

$2,150,000 – 1386 Ranchero Drive, Sarasota, FL 34240

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This content last updated on April 29, 2024 13:38. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.