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$695,000
$260/sqft13% reduced
HOA: NoneTaxes: $5,334/yr80d on market
5 Beds|4 Baths|2,678 Sq Ft|Built 1983|2 Car Garage
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💡 Price recently reduced — this could be a great opportunity to negotiate.

Acreage
Lot Size
2.03 acres
Lot Sqft
88,557 sqft
C2C

Coast 2 Coast Home Realty

Licensed Florida Realtors

4.9· 214 reviews

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Buyer Insights

Here's what we know about this listing.

Why this home stands out

  • Price reduced 13% ($104,000 off original)
  • 80 days on market
  • Updated today

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

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.

Subdivision
RACIMO RANCHES
County
Sarasota
Zip Code
34240

Neighborhood

Map unavailable

Type
Single Family Residence
Living Area
2,678 sqft
Construction
Frame
Roof
Shingle
Flooring
Luxury Vinyl
Pool
No
HOA
None
  • Ceiling Fans(s)
  • Open Floorplan
  • Private Mailbox
  • Dishwasher
  • Dryer
  • Electric Water Heater
  • Freezer
  • Microwave
  • Range
  • Washer
  • Laundry Room
  • Covered
  • Rear Porch
  • Cable Connected
Bedrooms
5
Bathrooms
4
Year Built
1983
Construction
Frame
Flooring
Luxury Vinyl
Roof
Shingle
Garage Spaces
2
Cooling
Central Air
Heating
Central, Electric
Waterfront
No
Pet Restrictions
Lot Size
2.03 acres
Senior Community
No
Building Elevator
Pet Size
# of Pets
Max Pet Weight
Tax Year
2025
Annual Tax Amount
$5,334
No HOA fees on this listing.
Down Payment20% — $139,000
Interest Rate6.50%
Loan Term
Est. Mortgage
$3,514
HOA Fee
$0
Est. Property Tax
$445
Est. Insurance
$232
Total Est. Monthly Cost$4,190

* 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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