5793 OLD RANCH ROAD, SARASOTA, FL 34241

$1,490,000

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… Read More 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. Read Less

Courtesy of COLDWELL BANKER REALTY 941-388-3966

Listing Snapshot

Days Online

Last Updated

Nov 14, 2024

Property Type

Single Family Residence

Beds

Full Baths

Partial Baths

Square Ft.

7,455

Lot Size

5 Acres

Year Built

1980

MLS Number

A4620072

30 Days Snapshot Of 34241

$643k

+4%

(avg) sold price

+37%

homes sold

-11%

(avg) days on market

Snapshot

Area Map

Additional Details

Building

Living Area Meters: 692.59, Room Count: 7, Architectural Style: "Florida", "Ranch", Building Area Total: 10886, Building Area Units: Square Feet, Construction Materials: "Block", "Stucco", "Wood Frame", Direction Faces: West, Levels: "Two", Living Area: 7455, Stories Total: 2, Year Built: 1980

Fees

Total Annual Fees: $650, Total Monthly Fees: $54

Home Owner's Association

Association Email: [email protected], Association Fee Requirement: Required, Monthly HOA Amount: $54, Association Fee Frequency: Annually, Association Fee Includes: "Common Area Taxes", "Escrow Reserves Fund", "Private Road", Association Fee: $650, Association Name: Progressive Community Management, Association Phone: 941.921.5393

Lot

Lot Size Square Meters: 20235, Total Acreage: 5 to less than 10, Features: "Flood Insurance Required", "FloodZone", "In County", "Pasture", "Private", "Zoned for Horses", 5 acres, 217809 square feet, View: "Trees/Woods"

Miscellaneous

Number Times per Year: 12

Property

Number Of Wells: 2, Other Structures: "Additional Single Family Home", "Guest House", "Storage", "Workshop", Patio and Porch Features: "Covered", "Deck", "Front Porch", "Rear Porch", "Screened", Property Condition: "Fixer", Vegetation: "Mature Landscaping", "Oak Trees", Zoning: OUE1

Sewer

Number Of Septics: 2, Sewer: "Septic Tank"

Property Access

Road Surface: "Gravel", Road Responsibility: "Private Maintained Road"

Appliances & Equipment

Appliances: "Dishwasher", "Dryer", "Electric Water Heater", "Range", "Range Hood", "Refrigerator", "Washer", Other Equipment: "Generator"

Community

Community Features: "Horses Allowed", "Park"

Cooling

Cooling: "Central Air"

Disclosures

Disclosures: "HOA/PUD/Condo Disclosure", "Seller Property Disclosure"

Exterior Features

Exterior Features: "Balcony", "Lighting", "Sliding Doors"

Fireplaces

Fireplace Features: "Living Room", "Wood Burning"

Floors

Flooring: "Carpet", "Ceramic Tile", "Wood"

Foundation

Foundation Details: "Slab"

Garage

Attached Garage Yn: t, Garage Spaces: 5

Heating

Heating: "Central", "Electric", "Heat Pump"

Interior Features

Furnished: Unfurnished, Interior Features: "Ceiling Fans(s)", "High Ceilings", "Living Room/Dining Room Combo", "Open Floorplan", "Primary Downstairs", "Skylight(s)", "Stone Counters", "Thermostat", "Walk-In Closet(s)"

Laundry

Laundry Features: "Electric Dryer Hookup", "Inside", "Laundry Room"

Parking

Carport Spaces: 2, Parking Features: "Boat", "Converted Garage", "Driveway", "Garage Door Opener", "Golf Cart Parking", "Guest", "Off Street", "Oversized", "Parking Pad", "RV Parking"

Pets Policy

Pets Allowed: "Yes"

Pool

Pool Features: "Gunite", "Heated", "Lighting", Spa Features: "Heated"

Roof

Roof: "Shingle"

Utilities

Utilities: "Electricity Connected", "Fiber Optics", Water Source: "Well"

Windows

Window Features: "Impact Glass/Storm Windows"

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