7049 Myakka Valley TRAIL, Sarasota, FL, 34241 | $1,100,000

OWNER IS MOTIVATED AND ENTERTAINING ALL OFFERS! This is your chance to own one of the most remarkable homes in Myakka Valley Ranches: Situated on 5 1/2 acres, the ca. 4, 900 SF building has a wow factor, most obvious of which is
the completely renovated 32 X 16 indoor pool set inside a 1, 700 SF space! The rest of the
house includes four bedrooms (2 master suites), 3 1/2 bathrooms, a spacious living room
with a bay window, a family room with a fireplace, and a large, light and bright studio (or 4th
bedroom) with a big fireplace that looks out over the pool and the front lawn. The kitchen
features beautiful granite counters, wooden cabinets, S/S appliances (gas stove), and is
conveniently located next to the pool, living room, and dining room. Outside, behind the
French doors of the pool room, is an almost 1, 000 SF screened deck. A 1, 440 SF utility
building/garage/barn with 3 overhead doors is integrated with a chain link fence that
encloses about 1/2 acre on the north side of the lot. This would make a great area for a
vegetable garden, or a pen for small animals. The house offers a lot of privacy, since it sits
far from the road, and only one neighbor is visible from the lot. An interesting architectural
detail is provided by the brick arches around the doors and hallways that lead to the pool
and two bedrooms. Other features include a whole-house Kohler generator (2023) with a
1000-gallon in-ground propane tank. The pool can be heated with solar panels, and a heat
pump. The property is less than a mile from State Road 72, and the local fire station, from
where it is less than 30 minutes to reach the beautiful beaches of Siesta Key, or Downtown
Sarasota with its many fine restaurants, concert venues, museums, all kinds of cultural
happenings. Great public and private schools are not far away (the Out-Of-Door Academy,
opened a new campus, just west of the “Valley” for pre-K-5 ). Myakka Valley
Ranches is a wonderful equestrian-friendly community with saddle trails and lots of at least
5 acres. The home is located in Unit 1 of the subdivision, which is no longer subject to its
governing documents. Use restrictions are dictated by Sarasota County’s zoning regulations
for OUE1 (Open Use Estate, one main residence every 5 acres). This designation does allow for
some light commercial use, incidental to the property. Please, check with the zoning
authorities to make sure that if you want to conduct a business, its nature will be
compatible with the local zoning regulations. Finally, for those who love nature: the
entrance to Myakka River State Park, Florida’s biggest state park, is only 1. 5 miles from the
entrance to the subdivision. This park is a great place to hike, bike, kayak, or ride your horse.
Bring your binoculars, and enjoy observing all the interesting critters that live in these
37, 000 acres. Welcome to Myakka Valley Ranches, Sarasota’s last frontier!

Features

  • Rooms: 4
  • Bedrooms: 4
  • Baths: 3 full / 1 half
  • Laundry: Electric Dryer Hookup, Laundry Room
  • Style: Florida
  • Year Built: 1972
  • Garage: 3-car Boat, Covered, Driveway, Ground Level, Guest, Off Street, Open, Oversized, RV Parking, Workshop in Garage
  • Heating: Central, Electric
  • Cooling: Central Air
  • Approx Sq. Feet: 4,888
  • Acreage: 5.45
  • Est. Taxes: $5,558
  • HOA Fee: $650 Annually
  • Lot Desc: Cleared, In County, Landscaped, Oversized Lot, Pasture, Zoned for Horses
  • View: Garden, Trees/Woods
  • Elem. School: Lakeview Elementary
  • Middle School: Sarasota Middle
  • High School: Riverview High
  • Pool: Gunite, Heated, In Ground, Indoor, Lighting, Salt Water, Solar Heat, Tile
  • Pet Policy: Cats OK, Dogs OK, Yes
  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Range, Washer, Water Filtration System
  • MLS#: A4619509
  • Days on Market: 46 days
  • Website: https://www.raveis.com
    /eprop/A4619509/7049myakkavalleytrail_sarasota_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is 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. (last updated 11/12/2024 6:17:08 PM)
Listing courtesy of COLDWELL BANKER REALTY   Phone: 941-388-3966

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NMLS Mortgage Loan Originator ID 16953

917.838.7300

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7049 Myakka Valley TRAIL, Sarasota, FL, 34241

$1,100,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $880,000 $880,000 $880,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.750% 6.750% 6.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.406% 6.864% 7.058%
Monthly Tax Payment $463 $463 $463
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $5,708 $5,708 $7,787
Total Monthly Payment $6,296 $6,296 $8,375

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.  The Total Monthly Payment does not include the estimated HOA/Common Charge payment.