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5793 OLD RANCH ROAD

House For Sale
$1,490,000

BTC: 16.55555004

ETH: 470.00041007

-$210K (2024/11/01)
88 days
6 bds
6 ba
7,455 sqft
Est. Estimated sales range: $0 - $0
$0

Overview

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.

Location

Facts and features

Type:
Residential
Parking:
Boat / Converted Garage / Driveway / Garage Door Opener / Golf Cart Parking / Guest / Off Street / Oversized / Parking Pad / RV Parking
Year Built:
1980
Lot:
5.00 Acres
Heating:
Central / Electric / Heat Pump
Price/sqft:
$200
Cooling:
Central Air
HOA:
$650
All facts and features
  • Flooring

    • Carpet

    • Ceramic Tile

    • Hardwood

    Heating

    • Central

    • Electric

    • Heat Pump

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Dryer

    • Electric Water Heater

    • Range

    • Range Hood

    • Refrigerator

    • Washer

    Other interior features

    • Ceiling Fan(s)

    • High Ceilings

    • Living Room/Dining Room Combo

    • Open Floorplan

    • Primary Bedroom Main Floor

    • Skylight(s)

    • Stone Counters

    • Thermostat

    • Walk-In Closet(s)

    Bedrooms and bathrooms

    • Bedrooms: 6

    • Bathrooms: 2

    • Full bathrooms: 6

  • Parking

    • Boat

    • Converted Garage

    • Driveway

    • Garage Door Opener

    • Golf Cart Parking

    • Guest

    • Off Street

    • Oversized

    • Parking Pad

    • RV Parking

    Property

    • Levels: Two

    • Pool Private: Yes

    • Exterior Features: Balcony / Lighting / Sliding Doors

    Lot

    • Lot: 5.00 Acres

    Other Property Information

    • Parcel Number: 0594011571

    • Zoning: OUE1

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Single Family Residence

  • Utility

    • Electricity Connected

    • Fiber Optics

  • Other financial information

    • HOA: $650

    • HOA Frequency: Annually

    • Annual tax amount: $12,358

  • Source details

    • MLS ID: A4620072

    Other facts

    • Construction Materials: Block / Stucco / Wood Frame

    • Foundation Details: Slab

    • Fireplace Features: Living Room / Wood Burning

    • Laundry Features: Electric Dryer Hookup / Inside / Laundry Room

    • Lot Features: Flood Insurance Required / FloodZone / In County / Pasture / Private / Zoned for Horses

    • Patio And Porch Features: Covered / Deck / Front Porch / Rear Porch / Screened

    • Pool Features: Gunite / Heated / Lighting

    • Window Features: Impact Glass/Storm Windows

    • Direction Faces: West

    • Other Structures: Additional Single Family Home / Guest House / Storage / Workshop

    • Architectural Style: Florida / Ranch

    • Fireplace: Yes

    • Garage Spaces: 5

    • Attached Garage: Yes

    • Garage: Yes

    • Living Area: 7455

    • Water Source: Well

    • Subdivision Name: MYAKKA VALLEY RANCHES

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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 ©2024-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: COLDWELL BANKER REALTY