1228 WAGON WHEEL DRIVE, Sarasota, FL, 34240 | $1,775,000

One or more photo(s) has been virtually staged. Discover the Ultimate Sanctuary in Fox Creek II!

Tucked away on a private drive, this breathtaking 5-acre estate—one of the last remaining in Sarasota where you can build your dream home—offers endless opportunities. Whether you’re looking for a private family compound, a horse lover’s paradise, a premier event venue, or the perfect place to run your business from home, this property has it all. Enclosed by lush trees and a solid perimeter wall, this magnificent estate is a true private oasis. Enjoy the oversized outdoor pool, explore the serene boating pond with its enchanting water feature, or let the little ones play in their own private playground. The entertainment hall, complete with a full kitchen, is the perfect space for unforgettable gatherings with family and friends.

Currently an income-producing property, this estate has hosted private events, retreats, and gatherings, generating revenue as a sought-after venue. With endless possibilities, it can continue to serve as a profitable investment or be transformed into your dream residence.

Enjoy the perfect blend of rural serenity and modern convenience. In just 5 minutes, you can access the interstate, opening a world of possibilities. The vibrant University Town Center (UTC) area—home to over 250 stores, top-tier restaurants, and entertainment venues—is only 12 minutes away. UTC also features Nathan Benderson Park, a world-class destination for outdoor recreation and international rowing events. Just 20 minutes away, Downtown Sarasota invites you to explore its rich arts scene, waterfront parks, and award-winning dining and only 30 minutes to the award winning Siesta Key Beach.

This extraordinary 3-bedroom, 2-bathroom & space for optional 4th bedroom and 3rd bath with elevator estate isn’t just a home—it’s a private retreat where every day feels like a vacation. Whether you choose to enjoy its existing beauty, create the ultimate family compound, horse property, host spectacular events, or design and build your dream residence, the possibilities are truly endless.

Don’t miss this rare opportunity—schedule your private showing today!

Features

  • Rooms: 4
  • Bedrooms: 3
  • Baths: 2 full
  • Laundry: Laundry Closet
  • Year Built: 1991
  • Garage: 2-car Bath In Garage, Boat, Driveway, Golf Cart Garage, Golf Cart Parking, Guest, Off Street, Oversized, Parking Pad, RV Parking, Workshop in Garage
  • Heating: Central
  • Cooling: Central Air
  • Approx Sq. Feet: 2,771
  • Acreage: 5.08
  • Est. Taxes: $6,434
  • Lot Desc: Oversized Lot, Private, Sidewalk, Zoned for Horses
  • View: Park/Greenbelt, Pool, Trees/Woods
  • Elem. School: Tatum Ridge Elementary
  • Middle School: McIntosh Middle
  • High School: Booker High
  • Pool: Child Safety Fence, Deck, In Ground, Salt Water
  • Appliances: Other
  • MLS#: A4640097
  • Days on Market: 275 days
  • Website: https://www.raveis.com
    /eprop/A4640097/1228wagonwheeldrive_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 2/14/2026 2:11:03 PM)

William Raveis Family of Services

Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.

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OneandCompany@raveis.com

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  • Market your home to realize a quick sale at the best possible price
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To learn more about our credentials, visit raveis.com today.

Kevin DeTullioVP, Mortgage Banker / Production Manager, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1724767

203.305.5736

Kevin.DeTullio@Raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Brian SkellyVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 793093

203.415.2989

Brian.Skelly@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Diane PadelliInsurance Sales Director, William Raveis Insurance

203.444.0494

Diane.Padelli@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

1228 WAGON WHEEL DRIVE, Sarasota, FL, 34240

$1,775,000

The One Team

Sales Associates

William Raveis Real Estate

Phone: 860.850.0500

OneandCompany@raveis.com

Kevin DeTullio

VP, Mortgage Banker / Production Manager

William Raveis Mortgage, LLC

Phone: 203.305.5736

Kevin.DeTullio@Raveis.com

NMLS Mortgage Loan Originator ID 1724767

Brian Skelly

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 203.415.2989

Brian.Skelly@raveis.com

NMLS Mortgage Loan Originator ID 793093

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $1,420,000 $1,420,000 $1,420,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.500% 5.750% 5.625%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.154% 5.858% 5.826%
Monthly Tax Payment $536 $536 $536
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $8,063 $8,287 $11,697
Total Monthly Payment $8,724 $8,948 $12,358

* 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.