1386 Ranchero Drive
SARASOTA, FL 34240

  • 3 beds
  • 2 baths
  • 1,796 sqft
  • ~6 acre lot
  • $1,197 per sqft
  • 1978 build
  • on site

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!

My Florida Regional MLS DBA Stellar MLS logo Listing courtesy of STELLAR_MLS / FLAT FEE MLS REALTY

Last checked: Checking… • Last updated Apr 27, 2024 •

MLS# T3518534 —

Monthly cost estimate

1386 Ranchero Drive

Asking price

$2,150,000

Expense Monthly cost
Mortgage

$11,512

Taxes $726
Insurance $591
HOA fees $58
Utilities $153 See report
Total $13,040/mo.*
*This is an estimate

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Sale history

Date Event Source Price % Change
4/13/24
Listed / Active STELLAR_MLS $2,150,000 681.8% (59.0% / YR)
9/26/12
STELLAR_MLS $275,000

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$2,150,000

HOA
$58/mo.

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This house located in Pine Valley Ranches, FL 34240 is currently for sale for $2,150,000. 1386 Ranchero Drive is a 1,796 square foot house with 3 beds and 2 baths that has been on Estately for 16 days. 1386 Ranchero Drive is in the Pine Valley Ranches neighborhood of SARASOTA and has a WalkScore® of 3, making it car-dependent. This house is in the attendance area of Tatum Ridge Elementary School, Mcintosh Middle School, and Booker High School.

My Florida Regional MLS DBA Stellar MLS logo Listing Courtesy of: STELLAR_MLS and FLAT FEE MLS REALTY.

Based on information from the My Florida Regional MLS DBA Stellar MLS 2024.

All information provided is deemed reliable but is not guaranteed and should be independently verified. Stellar MLS, Estately and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. Stellar MLS and Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law. For any questions please call (407) 499-8911.

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