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A truly rare opportunity in Sarasota! Nestled on 2 private acres in Racimo Ranches, this unique property features TWO separate single-family homes, offering endless possibilities for multigenerational living, guest accommodations, or rental income.
The main residence offers 3, 179 square feet of thoughtfully designed living space with 3 bedrooms, 3. 5 baths, and a 2-car garage. Inside, you'll find luxury vinyl plank flooring throughout, crown molding, and a living room anchored by a cozy fireplace with custom built-in shelving. The spacious family room offers exceptional flexibility, making it ideal for a media room or multipurpose living space, complete with a built-in desk area and cabinetry. The kitchen features Corian countertops, bar seating, and easy access to the separate dining room, making entertaining a breeze. The split-bedroom floor plan offers privacy, with the primary suite tucked away on one side of the home, while the opposite wing features a guest bedroom with its own en-suite bath and an additional bedroom conveniently located near a full hall bathroom. Improvements include a metal roof (2021) and HVAC (2022).
The second residence offers 1, 473 square feet of comfortable living space with 2 bedrooms, 2 baths, a 1-car garage with laundry room, and its own private concrete driveway, adding convenience and independence. The living area features luxury vinyl flooring throughout, built-in shelving in the spacious family room, granite countertops in the kitchen, and a relaxing sunroom (20’x23’) overlooking the beautiful grounds. Improvements include a metal roof (2021) and HVAC (2024).
Step outside and experience your own tropical retreat. Lush landscaping, mature plantings, flowering garden beds (5 rows of raised beds-4’x70’), lawn and garden bed irrigation, a deck with sandbox, and peaceful outdoor spaces create an inviting backyard oasis perfect for relaxing, gardening, or gathering with family and friends.
Additional improvements include a new well installed in 2023 and fully paid-off solar panels installed in 2022, helping keep electric costs low while improving efficiency for both homes.
Properties offering two homes on acreage in Sarasota with this much space, flexibility, and privacy are hard to find. Enjoy country-style living with room to spread out while remaining conveniently close to everything Sarasota has to offer.
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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Our Executive Mortgage Banker:
Our Insurance Division:
$1,500,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
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 | $1,200,000 | $1,200,000 | $1,200,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.750% | 6.000% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.239% | 6.086% | 6.183% |
| Monthly Tax Payment | $473 | $473 | $473 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $7,003 | $7,195 | $10,126 |
| Total Monthly Payment | $7,601 | $7,793 | $10,724 |
* 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.