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LENA LANE

Lots/Land For Sale
$450,000

BTC: 7.50000000

ETH: 257.73195876

106 days
0 room(s)

Overview

Rarely does an opportunity arise to own nearly five acres of pristine Sarasota landscape in such a coveted location. This exceptional 4.98-acre parcel on Lena Lane offers the perfect balance of rural tranquility and urban convenience, providing a sprawling blank canvas for your architectural vision. Zoned OUE-1 with open use and agricultural flexibility, this property presents an ideal setting to design and build a custom residence with ample space for a guest home, workshop, barn, or additional estate features. The generous acreage is especially appealing for equestrian enthusiasts, hobby farming, or those simply seeking privacy and room to grow. With no deed restrictions or HOA requirements, owners can enjoy added freedom and flexibility to accommodate farm animals, boat or RV storage, trailers, detached garages, workshops, and other lifestyle amenities tailored to their needs. Essential utilities add to the parcel’s appeal, with electricity available nearby, while a well and septic system would need to be installed allowing for a more private, self-sufficient setup. Located in a no flood hazard area, the property offers added peace of mind for future development and ownership. Despite its peaceful, tucked-away setting along a quiet canopy-lined road, the parcel remains conveniently positioned with easy access to Sarasota, University Town Center shopping and dining, I-75, and the Gulf Coast’s world-renowned beaches. This is a rare opportunity to secure one of the few remaining large parcels in the 34240 area and create a private estate tailored to your vision and lifestyle.

Location

Details

Type:
Land
Parking:
No Data
Year Built:
No Data
Lot:
4.98 Acres
Heating:
No Data
Price/sqft:
No Data
Cooling:
No Data
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$298,500
$119K – $522K
Confidence Low
List vs. estimate
$151K above estimate
List $450,000 · +50.8%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Based on
52 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$3,215
2025
Pets
Allowed
All facts and features
  • Lot

    • Lot: 4.98 Acres

    Other Property Information

    • Parcel Number: 0573001044

    • Zoning: OUE1

  • Type and style

    • Property Type: Land

  • Utility

    • Other

  • Other financial information

    • Annual tax amount: $3,216

  • Source details

    • MLS ID: N6143021

    Other facts

    • Water Source: Well Required

    • Lot Size Dimensions: 338 x 638 x 338 x 642

Private inquiry
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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: KELLER WILLIAMS ON THE WATER S