Discover the ultimate rancher's paradise with this sprawling 538-acre estate in the heart of East Sarasota County. Boasting approximately 3/4 mile frontage on both State Road 72 and Harrison Road, this property offers endless possibilities for a cattle or equestrian operation. The land is a nice balance of roughly 80% uplands and 20% ponds, ideal for livestock and outdoor living.
The main home is 4 bedroom 3 bathroom with an office 2847 sqft under air, and salt water pool. The property is fully equipped for ranching with a 205x82 barn (205x60 is covered arena) with 12-foot lean-tos for additional storage, complete with 7 horse stalls, a tack room, and living quarters. An additional shed row horse barn offers 3 more stalls, and pasture with 4 paddocks. For the equestrian enthusiast, the property features a massive 400x175 open arena and a horse walker with cow pens.
Supporting infrastructure includes a 60x80 shop, a 40x60 shop. This ranch has all the amenities needed for a top-tier cow-calf operation, with ample room to expand and customize.
This exceptional acreage offers the perfect blend of functionality and potential, all within minutes of Sarasota’s vibrant city life. Whether you're looking for an operational ranch or a stunning piece of Florida countryside, this property is ready to make your vision a reality! Don't miss this unique opportunity! Only 13 miles to TerraNova Equestrian Center, less than 16 miles to Soleta Golf Club and less than 32 miles to Siesta Key Beach!
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Our Executive Mortgage Banker:
Our Insurance Division:
$6,500,000
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
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $5,200,000 | $5,200,000 | $5,200,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.625% | 6.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.545% | 6.748% | 6.932% |
Monthly Tax Payment | $755 | $755 | $755 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $33,727 | $33,296 | $46,015 |
Total Monthly Payment | $34,606 | $34,175 | $46,894 |
* 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.