ActiveGATEDPOOL HOMEWATERFRONTACREAGENO CDD
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$6,950,000
$454/sqft27% reduced
HOA: $1,800/anTaxes: $22,398/yr238d on market

Saddle Creek

7340 PALOMINO TRL, SARASOTA, FL, 34241

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11 Beds|10 Baths|15,311 Sq Ft|Built 1981|10 Car Garage
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💡 Price recently reduced — this could be a great opportunity to negotiate.

Acreage
Lot Size
17.08 acres
Lot Sqft
744,004 sqft
Lot Features
In County, Irregular Lot, Landscaped, Paved
Golf Course
Feature
Golf Carts Ok
Community
Yes
C2C

Coast 2 Coast Home Realty

Licensed Florida Realtors

4.9· 214 reviews

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Buyer Insights

This is one of the strongest opportunities we're seeing right now.

Why this home stands out

  • Price reduced 27% ($2,550,000 off original)
  • 238+ days on market — seller may be motivated
  • Updated today

Buyer Insights are informational only — always verify with your agent.

Welcome to The Palomino Estate — a private, 17-acre gated oasis unlike anything else in Sarasota County. Located just 10 miles from Siesta Key Beach and 15 miles to downtown Sarasota, this extraordinary DOUBLE property (7340 and 7344 Palomino trail included) blends resort-style living with the peace and privacy of the countryside. Set within the equestrian community of Saddle Creek, where horse enthusiasts are welcome to use the 31 miles of riding trails, this multi-residence estate offers over 15,000 sq ft under air across multiple structures, including two custom homes, a 5,000 sq ft air-conditioned “barndominium” and entertainment pavilion, and multiple garages. Behind an eight-foot perimeter fence with dual gated entries, you’ll find lush tropical landscaping, privacy berms, and nature trails weaving through the property. You can stroll through the bamboo forest and reflection garden while enjoying multiple ponds for fishing or kayaking. A raised wooden boardwalk winds through the property offering biking and hiking adventures, while a lighted pickleball, tennis, and basketball court with gazebo creates endless opportunities for recreation. In the center of the compound, a massive stone firepit anchors the grounds for gatherings under the stars. There is plenty of space to have a garden or raise livestock.This expansive estate features two custom residences with pools, plus an entertainment barn constructed of solid block. The barn includes two bedrooms, two bathrooms, a full-saloon-style bar, kitchenette, gym, sauna, golf simulator, movie theater, game room, and outdoor kitchen, creating a space that feels like a private resort. A separate air-conditioned garage with 11-foot ceilings offers space for cars, boats, equipment, and more, while another detached garage adds even more covered parking and storage.Together with the barn, the two homes offer eleven bedrooms, nine and a half bathrooms, and over fifteen thousand square feet under air (more than twenty-two thousand total), making this property ideal for multi-generational living, entertaining, or use as a private retreat.Each structure is equipped with whole-home generators, water filtration systems, and impact windows and doors, along with modern security and digital gate entry panels.Recent improvements include new roofs on every structure in 2023, resurfaced pools with travertine and flagstone decking, composite decking and railings, landscape lighting, golf simulator and sauna installations in 2023, and freshly paved asphalt and concrete driveways, and fencing for pets.The main residence offers expansive living areas, soaring ceilings, a massive stone fireplace great room, multiple en-suite bedrooms, an in-law suite with its own kitchen, and relaxing poolside views. The guest residence has been completely renovated with high quality finishes and could serve as a primary home for your extended family. It features a bright open floor plan with gourmet kitchen and second story wrap-around deck for 360-degree nature views. This home also features a private resort-style outdoor area overlooking the lake. This estate was designed for comfort, recreation, and peace of mind, with every detail crafted for privacy and long-term enjoyment.Whether used as a private family compound, equestrian hideaway, or corporate retreat, The Palomino Estate: security, luxury, and serenity—all just minutes from Sarasota's world-famous beaches, dining, and shopping. 7340 & 7344 Palomino Trail.

Subdivision
SADDLE CREEK
County
Sarasota
Zip Code
34241
Community
Saddle Creek

School Report Card

Source: FL Dept. of Education

ABCDF
Elementary
Middle
High

Neighborhood

Map unavailable

Type
Single Family Residence
Living Area
15,311 sqft
Construction
Block, Concrete, Stucco
Roof
Shingle
Flooring
Luxury Vinyl, Tile
Pool
Yes
HOA
$1,800 / Annually
  • Cathedral Ceiling(s)
  • Ceiling Fans(s)
  • Crown Molding
  • Smart Home
  • Stone Counters
  • Vaulted Ceiling(s)
  • Walk-in Closet(s)
  • Balcony
  • Dog Run
  • Lighting
  • Outdoor Grill
  • Outdoor Kitchen
  • Outdoor Shower
  • Rain Gutters
  • Sauna
  • Tennis Court(s)
  • Dishwasher
  • Disposal
  • Dryer
  • Exhaust Fan
  • Range
  • Refrigerator
  • Washer
  • Laundry Room
  • Covered
  • Deck
  • Enclosed
  • Patio
  • Porch
  • Screened
  • Wrap Around
  • In County
  • Irregular Lot
  • Landscaped
  • Paved
  • Private
  • Zoned For Horses
  • Bb/hs Internet Available
  • Cable Connected
  • Electricity Connected
  • Propane
  • Water Connected
  • Deed Restrictions
  • Gated Community - No Guard
  • Golf Carts Ok
  • Horses Allowed
  • Street Lights
  • Private Road
  • Additional Single Family Home
  • Barn(s)
  • Gazebo
  • Guest House
  • Other
  • Storage
  • Tennis Court(s)
  • Workshop
Bedrooms
11
Bathrooms
10
Year Built
1981
Construction
Block, Concrete, Stucco
Flooring
Luxury Vinyl, Tile
Roof
Shingle
Garage Spaces
10
Cooling
Central Air, Mini-split Unit(s), Zoned
Heating
Central, Electric
Waterfront
Yes
Pet Restrictions
Yes
Lot Size
17.08 acres
Senior Community
No
Building Elevator
Pet Size
# of Pets
Max Pet Weight
Tax Year
2024
Annual Tax Amount
$22,398

Association Fees

  • HOA Fee

    Sunstate Association management- Lauren Wilson

    $1,800/ Annually

Down Payment20% — $1,390,000
Interest Rate6.50%
Loan Term
Est. Mortgage
$35,143
HOA Fee
$150
Est. Property Tax
$1,867
Est. Insurance
$2,317
Total Est. Monthly Cost$39,476

* Estimates are for illustration purposes only and do not constitute an offer of financial advice. Actual rates, payments, insurance, and taxes will vary based on credit, location, and other factors. Contact a licensed mortgage professional for a personalized quote. Homeowners insurance estimate based on Florida averages.

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