Land with Home for Sale in Sarasota, Florida

5793 Old Ranch Rd Sarasota, FL 34241

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$1,490,000
5 acres
Active sale$100k dropEst $8,855/mo

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.

7,455
Sq feet
6
Beds
6
Full baths
2
1/2 baths
1980
Built

Directions

Take Clark East of I-75 to Myakka Valley Trail, Myakka Valley Trail to Right on Old Ranch Road. Home will be on your right.

Location

Street Address
5793 Old Ranch Rd
Community
Myakka Valley Ranches
Elevation
16 feet
Coordinates
27.2692, -82.3109

Property details

Zoning
OUE1
MLS Number
SAR A4620072
Date Posted

Property taxes

2023
$12,358

Expenses

Home Owner Assessments Fee
$54 monthly

Parcels

  • 0594011571

Legal description

Resources

This 5-acre property is located at 5793 Old Ranch Rd in Sarasota, FL 34241 with latitude 27.2692 and longitude -82.3109. The property is currently available for sale for $1,490,000. It has a 7,455 sq ft 6 bedroom, 6 bath house built in 1980. Listing data is sourced from Realtor Association of Sarasota and Manatee # A4620072.

Verify sale details at the property source or contact Coldwell Banker Realty at (941) 232-4485.

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Copyright (C) 2024 Sarasota Association of Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Updated . Checked 1 hour ago. Parcel data by Regrid.

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