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5793 Old Ranch Road

Sarasota, FL 34241
  • $1,490,000
  • STATUS: Active
  • ON SITE: 80 Days
  • MLS #: A4620072
Price Reduced
UPDATED: 45 min ago
$1,490,000
  • 6
    BEDS
  • 5
    ACRES
  • 6
    BATHS
  • 2
    1/2 BATHS
  • 7,455
    SQFT
  • $200
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1980
County:
Area:

School Information

Elementary School:
Middle School:
High School:

Description

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.

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© 2024 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2024-11-06T08:45:01.107.
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5793 Old Ranch Road Sarasota, FL 34241

  • Price: $1,490,000
  • Status: Active
  • On Site: 80 Days
  • Updated: 45 min ago
  • MLS #: A4620072
6
Beds
6
Baths
2
½ Baths
5
Acres
7,455
SQFT
$200
$/SQFT
1980
Built
Neighborhood:
Myakka Valley Ranches
County:
Sarasota
Area:
Sarasota
Elementary School:
Lakeview Elementary
Middle School:
Sarasota Middle
High School:
Riverview High
Property Description
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.
Exterior Features

Architectural Style FloridaRanch Attached Garage Yn Yes Carport Spaces 2 Carport Yn Yes Construction Materials BlockStuccoWood Frame Covered Spaces 7 Direction Faces West Exterior Features BalconyLightingSliding Doors Foundation Details Slab Lot Features Flood Insurance RequiredFloodZoneIn CountyPasturePrivateZoned for Horses Open Parking YN Yes Other Structures Additional Single Family HomeGuest HouseStorageWorkshop Parking Features BoatConverted GarageDrivewayGarage Door OpenerGolf Cart ParkingGuestOff StreetOversizedParking PadRV Parking Patio And Porch Features CoveredDeckFront PorchRear PorchScreened Pool Features GuniteHeatedLighting Pool Private Yn Yes Road Surface Type Gravel Roof Shingle Spa Features Heated Spa YN Yes View Trees/Woods Water Access Yn No Water Extras Yn No Water View Yn No Waterfront Feet Total 0 Waterfront Yn No

Interior Features

Additional Rooms Den/Library/OfficeGarage ApartmentInterior In-Law Suite w/Private Entry Appliances DishwasherDryerElectric Water HeaterRangeRange HoodRefrigeratorWasher Building Area Total 10886 Cooling Central Air Cooling YN Yes Fireplace Features Living RoomWood Burning Fireplace Yn Yes Flooring CarpetCeramic TileHardwood Furnished Unfurnished Heating CentralElectricHeat Pump Heating YN Yes Interior Features Ceiling Fan(s)High CeilingsLiving Room/Dining Room ComboOpen FloorplanPrimary Bedroom Main FloorSkylight(s)Stone CountersThermostatWalk-In Closet(s) Laundry Features Electric Dryer HookupInsideLaundry Room Levels Two Sewer Septic Tank Stories Total 2 Water Source Well Window Features Impact Glass/Storm Windows

Property Features

Additional Lease Restrictions See Sarasota County Leasing Restrictions Amenities Additional Fees MVRIA.com MVRIA Unit 3 is currently going through a revitalization. Please contact the HOA president to see if the HOA dues are voluntary or mandatory at this time. Association Amenities Fence RestrictionsPark Association Approval Required Yn No Association Fee 650 Association Fee Frequency Annually Association Fee Includes Common Area TaxesEscrow Reserves FundPrivate Road Association Fee Monthly Amount 54.17 Association Fee Requirement Required Association Yn Yes Cdd Yn No Community Features RiverHorses AllowedPark Down Payment Resource No Flood Zone Code XA Garage Yn Yes Homestead Yn No Lease Considered YN Yes Lease Restrictions YN Yes Listing Terms CashConventional Minimum Lease 1 Month New Construction Yn No Number Of Septics 2 Number Of Wells 2 Ownership Fee Simple Pets Allowed Yes Property Condition Fixer Property Sub Type Single Family Residence Realtor Info Owner MotivatedSee Attachments Senior Community Yn No Special Listing Conditions None Sw Subdiv Community Name Myakka Valley Ranches Tax Annual Amount 12357.72 Total Annual Fees 650 Total Monthly Fees 54.17 Utilities Electricity ConnectedFiber Optics Yrs Of Owner Prior To Leasing Re No Zoning OUE1


Listing information © 2024 My Florida Regional MLS DBA Stellar MLS..
Listing provided courtesy of COLDWELL BANKER REALTY: 941-388-3966.



© 2024 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2024-11-06T08:45:01.107.
 
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Medway Realty
1662 Main St
Sarasota FL, 34236