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7605 RICHARDSON ROAD, Sarasota, FL, 34240 | $724,000
Welcome to a rare opportunity to own a 2 acre property located in the highly desirable East Sarasota community of Racimo Ranches. The main residence and attached 2 bedroom mother-in-law apartment sit on large picturesque lot, no HOA or deed restrictions and not located in a flood zone—offering the quiet privacy and freedom of country living with the convenience of Sarasota’s continued growth just moments away from I-75. Brand new shopping & dining amenities abound just moments away from this property’s doorstep.
This versatile residence features a well-appointed 3-bedroom, 3 full bathroom main home with a 2-car garage, thoughtfully designed for comfort and functionality. Inside, you’ll find a beautifully remodeled gourmet kitchen (2022) showcasing solid wood, soft-close white Shaker cabinetry, creating a bright and timeless space perfect for gathering. The welcoming, open living room features a large bay window with views of the front yard adding to the overall farmhouse charm. Major updates provide peace of mind, including a new roof (2025) and a newer AC system with replaced ductwork (2022). The home has newer luxury vinyl plank flooring throughout.
Attached to the main residence is a private 2-bedroom, 1-bathroom mother-in-law suite complete with its own full kitchen, living room and carport—ideal for multi-generational living, hosting guests, or generating rental income. This additional residence can either be accessed via a private entrance off the carport or via the main residence. The apartment also features a newer AC system (2024), making it move-in ready and comfortable year-round for guests. The house has some fixing up projects still to be done and so is a blank canvas for renovating and making the space your own!
Step outside and experience the true beauty of the land. The expansive 2-acre lot includes a charming chicken coop, several large oak trees, a peaceful small creek running along the back of the property, a cozy fire pit area, and a separate workshop/storage outbuilding—perfect for hobbies, equipment, or extra storage. With no HOA or deed restrictions, you have the freedom to truly make this property your own.
This is a unique opportunity to enjoy the feel of country living in a location that has grown in demand—offering space, flexibility, and endless potential for homeowners and investors alike.
Features
- Rooms: 4
- Bedrooms: 5
- Baths: 4 full
- Laundry: Laundry Room
- Year Built: 1983
- Garage: 2-car
- Heating: Central, Electric
- Cooling: Central Air
- Approx Sq. Feet: 2,678
- Acreage: 2.03
- Est. Taxes: $5,334
- Appliances: Dishwasher, Dryer, Electric Water Heater, Freezer, Microwave, Range, Washer
- MLS#: A4690788
- Days on Market: 53 days
- Website: https://www.raveis.com
/prop/A4690788/7605richardsonroad_sarasota_fl?source=qrflyer
Listing courtesy of Coldwell Banker Realty Phone: 941-383-6411
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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888.699.8876
Contact@raveis.com
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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
7605 RICHARDSON ROAD, Sarasota, FL, 34240
$724,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $579,200 | $579,200 | $579,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.125% | 6.500% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.424% | 6.650% | 5.972% |
| Monthly Tax Payment | $445 | $445 | $445 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,519 | $3,661 | $4,810 |
| Total Monthly Payment | $4,055 | $4,197 | $5,346 |
* 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