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12753 LATERAL ROOT DRIVE

House Recently Rented
$5,500

BTC: 0.06725772

ETH: 2.26151316

/mo
Sold on: 2024-04-15
26 days
Waterfront
5 bds
4 ba
3,840 sqft

Overview

Virtually Staged. Virtually Staged. Palmer Ranch. Brand new, never lived in, spacious luxury home with 5BR, 4BA, a 3 car garage, and an oversized, heated, saltwater pool located in highly regarded Palmer Ranch is offered now for an annual lease. Built on a premium preserve and partial lake homesite, this home includes almost $300,000 in design upgrades and builder options. They include many of the modern finishes desired by today's buyers, such as wood plank look porcelain tile floors throughout the first floor, a gourmet kitchen with built-in stainless steel appliances, modern two-tone kitchen cabinets, a large center island with high-level quartz counter tops and a designer backsplash. This popular Juniper floor plan features a first-floor Owner's Suite with an expansive bathroom, soaking tub, walk-in shower, double vanities, and a large walk-in closet. The floor plan also includes a guest suite on the first floor and a full bathroom with a frameless shower enclosure. The first-floor laundry room includes built-in cabinets and quartz countertops. The second level offers a spacious loft, 3 additional bedrooms with walk-in closets, and 2 large bathrooms. The extended lanai is pre-plumbed for an outdoor kitchen and offers ample space for sunning or dining alfresco. The saltwater, heated pool was enlarged to 35' by 16' for swimming laps. The pool also includes a large sun shelf with a bubbler and two decorative fountain bowls. The community is situated in a beautiful South Sarasota location near world-famous Siesta Key, Lido, Nokomis, Casey Key, and Venice Beaches, making every day feel like a vacation. The gated community offers a workout room, a tot lot, a pool with a splash pad, a flex field, a basketball court, a beach volleyball court, and both a small and large dog park. It is located in an excellent school district with highly rated schools. The community also offers easy access to downtown Sarasota and downtown Venice Island both with their many cultural and lifestyle offerings. Home is offered for sale as well.

Location

Details

Type:
Residential Lease
Parking:
Oversized
Year Built:
2023
Lot:
0.18 Acres
Heating:
Central
Price/sqft:
$1
Cooling:
Central Air
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$1,025,000
$1.0M – $1.1M
Confidence High
List vs. estimate
$1.0M below estimate
List $5,500 · -99.5%
Our model says this listing is priced below recent comparable activity. Expect competition.
Price per sq ft
$1
-99.6% vs. city median $320
Based on
5 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Pool
Gunite
View
Park/Greenbelt, Water
Waterfront
Lake Front
Garage
3 car garage
Pets
Number Limit, Pet Deposit
All facts and features
  • Flooring

    • Carpet

    • Laminate

    • Porcelain Tile

    Heating

    • Central

    Cooling

    • Central Air

    Appliances

    • Built-In Oven

    • Convection Oven

    • Cooktop

    • Dishwasher

    • Disposal

    • Electric Water Heater

    • Microwave

    • Range Hood

    • Refrigerator

    Other interior features

    • Ceiling Fan(s)

    • Eating Space In Kitchen

    • High Ceilings

    • Open Floorplan

    • Primary Bedroom Main Floor

    • Smart Home

    • Solid Surface Counters

    • Split Bedroom

    • Tray Ceiling(s)

    • Walk-In Closet(s)

    Bedrooms and bathrooms

    • Bedrooms: 5

    • Full bathrooms: 4

  • Parking

    • Oversized

    Property

    • Levels: Two

    • Pool Private: Yes

    • Exterior Features: Hurricane Shutters / Irrigation System / Lighting / Sliding Doors

    Lot

    • Lot: 0.18 Acres

    Other Property Information

    • Parcel Number: 0139150216

  • Type and style

    • Property Type: Residential Lease

    • Property Sub Type: Single Family Residence

  • Utility

    • BB/HS Internet Available

    • Cable Available

    • Electricity Connected

    • Fiber Optics

    • Public

  • Source details

    • MLS ID: A4600102

    Other facts

    • Laundry Features: Laundry Room

    • Lot Features: Greenbelt / Landscaped / Private

    • Patio And Porch Features: Screened

    • Pool Features: Gunite / Heated / In Ground / Lap / Lighting / Salt Water / Screen Enclosure

    • Window Features: Blinds

    • Direction Faces: East

    • Waterfront: Yes

    • Garage Spaces: 3

    • Attached Garage: Yes

    • Garage: Yes

    • Living Area: 3840

    • Water Source: Public

    • Subdivision Name: PROMENADE ESTATES PH II

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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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: COLDWELL BANKER REALTY