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CLAY GULLY ROAD, Myakka City, FL, 34251 | $4,000,000
Introducing a rare and expansive 70-acre-plus tracts opportunity situated just two miles south of Myakka City and adjacent to the iconic Terranova Equestrian Ranch.
The land is subdivided into 70-acre, 160 acre and 255 acre parcels. The buyer can configure their land purchase depending on the land
Prime 1, 675-Acre Luxury Development Opportunity Adjacent to Terranova Equestrian Ranch
Property Overview
Introducing a rare and expansive 1, 675-acre development opportunity situated just two miles south of Myakka City and adjacent to the iconic Terranova Equestrian Ranch. This exceptional tract of land is perfectly positioned west of Myakka City and east of Sarasota, providing an ideal setting for a world-class luxury community. The property boasts over one mile of frontage on scenic Clay Gully Road, with additional access from MJ Road, ensuring ease of entry and outstanding visibility.
Key Features
Location: West of Myakka City, east of Sarasota, 2 miles south of Myakka City center
Size: 1, 675 acres of prime, contiguous land
Proximity: Adjacent to the renowned Terranova Ranch Luxury Equestrian Estate; only 4 miles east of Soleta Golf Club
Zoning: AG-5 zoning allows for 5-acre homesites, supporting one luxury dwelling lot
Development Potential: Approved for up to 335 ranchette homes, each on a spacious 5-acre lot
Projected Home Values: Comparable properties in the area are listed for $1. 5M to $10M; new homes can sell in the $1. 5M to $2. 5M range
Access: Over one mile of paved road frontage on Clay Gully Road plus access from MJ Road
Unmatched Development Potential
This one-of-a-kind property offers an unparalleled opportunity for developers and builders seeking to create an exclusive luxury community reminiscent of Soleta Golf Club or Terranova Ranch. With 335 potential lots, the site is perfectly suited for large estate homes, equestrian facilities, and high-end amenities. The generous zoning and lot sizes make this an ideal canvas for those looking to build a legacy neighborhood or private enclave for discerning buyers.
Strategic Location
Nestled in the heart of Floridas most desirable equestrian and luxury residential corridor, this property is surrounded by multi-million dollar estates and world-class country clubs. Residents will enjoy the tranquility of rural living with the convenience of nearby Sarasotas vibrant dining, shopping, and entertainment options.
Development Options
The seller invites qualified builders, investors, and developers to consider flexible acquisition options, such as:
Outright sale of the 1, 675-acre property.
The seller will also allow ample time for entitlements, including cluster-planned luxury development and community improvements.
Ideal Uses
Luxury equestrian estates
Private gated ranchette communities
Country club-style developments
High-end rural residential enclaves
Features
- Lot Size: 000
- MLS#: TB8448760
- Days on Market: 1 day
- Website: https://www.raveis.com
/prop/TB8448760/claygullyroad_myakkacity_fl?source=qrflyer
Listing courtesy of PEOPLE'S CHOICE REALTY SVC LLC Phone: 813-933-0677
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.
Customer Service
888.699.8876
Contact@raveis.com
Our family of companies offer our clients a new level of full-service real estate. We shall:
- 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.
Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 16953
917.838.7300
Melissa.Cohn@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
Pedro DelgadilloInsurance Sales Director, William Raveis Insurance
305.922.5393
Pedro.Delgadillo@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
CLAY GULLY ROAD, Myakka City, FL, 34251
$4,000,000
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
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $3,200,000 | $3,200,000 | $3,200,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 5.875% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.130% | 5.984% | 5.912% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $18,169 | $18,929 | $26,573 |
| Total Monthly Payment | $18,294 | $19,054 | $26,698 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
FL Mortgage Lender MLD1388