by Global Lifestyle Properties

See Home Value
$1,725,000
● House - Off Market

1343 RANCHERO DRIVE

SARASOTA, FL 34240
bedrooms
4 Beds
bathrooms
2 Baths, 2 Half Baths
square feet
5,464 Ft²
$9,887
Est. Monthly
$83
HOA / Fees
1.59%
Cap Rate

About This Property

RARELY AVAILABLE. EXPANSIVE LOT. CONVENIENT LOCATION. PRIVATE AND SECURE. This hard-to-find lot creates a prime opportunity to tailor this custom-built Arthur Rutenberg residence into the perfect home for you and your family for years to come. Welcome to the exclusive community of Pine Valley Ranches, where the convenience of location and privacy meet natural beauty on this stunning 5.5-acre estate. If you love the serenity of Selby Botanical Gardens, this property will captivate you. Nestled among 414 mature oak trees, 174 palm trees, and an array of exotic foliage, the grounds feel like a private botanical oasis. Lush landscaping and thoughtfully designed built-in walking trails weave throughout the property, creating a peaceful, garden-like experience. A double-gated entrance and winding paver driveway lead you through dappled sunlight beneath a majestic tree canopy, setting the tone for the serene lifestyle. With no neighbors in sight, privacy is absolute, and one can feel secure on this property. This custom-built residence spans approximately 7,000 total square feet with a brand new roof and features 4 bedrooms, plus a den/office, and a remarkable three-story, Class 5 hurricane-rated safe structure-complete with a rooftop deck. Step inside through grand double doors into a spacious foyer that opens to a formal living area filled with natural light, 12-foot ceilings, and a skylight. Expansive double sliders open to a screened outdoor living area with an oversized pool area for grilling and an oversized patio ideal for entertaining. The triple-split floor plan offers spaciousness and functionality, enhanced by aquarium-style transom windows and octagon architectural accents. The expansive primary suite boasts two double sliders with direct access to the pool and outdoor lounge area. At the heart of the home, the recently renovated kitchen offers style and substance with custom wood ceiling insets, Samsung appliances, custom wood cabinetry, granite countertops, an extra-large pantry, and a large center island with comfortable seating. It flows seamlessly into a cozy family room with built-in shelving, an oversized marble fireplace, and a handcrafted wood mantle. Designed with versatility in mind, it serves beautifully as a guest suite, art studio, man cave, or entertainment space. Constructed with double steel-reinforced concrete, fireproof and hurricane-rated windows, handcrafted walnut doors, this structure features floating maple floors, skip-trowel plaster walls and ceiling, custom lighting, and hand-painted cedar crown molding. A spiral staircase connects to a second-floor studio or workshop, while the third level offers a rooftop deck with artificial turf-perfect for sunbathing, sunset watching, or a rooftop bar escape. Outdoors, immerse yourself in the peaceful surroundings. Meandering trails invite you through your private woods to explore the natural beauty of the property, which also features a koi pond and a detached concrete 400 sq ft garage-ideal for housing custom cars, tracker, golf carts, kayaks, paddleboards, and more.  With its exceptional privacy and ample acreage, the property offers the opportunity to add a second residence (3rd structure). This 5.5-acre private parcel is well-suited for horse lovers seeking room for one or two horses, with possible horse barn or stall-perfect for at-home horse boarding while maintaining privacy and a natural landscape.
Unit Size
5,464 Ft²
Days on Market
307 days
Land Size
5.38 acres
Price per sqft
$339
Property Type
House
Property Taxes
$720
HOA Dues
$83
Year Built
1989

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Last updated: 6 months ago (Stellar MLS #A4637854)

Price History

Date / Event Date Event Price
May 22, 2026 Sold
Sold
Mar 18, 2026 In contract -
In contract
Mar 6, 2026 Price Decreased $1,850,000
↓ $150K (7.5%)
Price Decreased
Jan 26, 2026 Price Decreased $1,999,950
↓ $200K (9.1%)
Price Decreased
Dec 17, 2025 Price Decreased $2,200,000
↓ $149K (6.3%)
Price Decreased
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Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1989
  • Effective Year Built: 2004
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 6
  • Building Quality: 1
  • Construction Type: 12
  • Building Style: 0
  • Exterior Walls Type: 12
  • Interior Walls Type: 3
  • Roof Shape Type: 8
  • Roof Cover Type: 4
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 575
  • Parking Space Count: 2
  • Patio Type: 5
  • Porch Type: 102
  • Pool Type: 8
  • Location Influence Type: 125

    Dimensions

  • Lot Size Square Feet: 234,135
  • Total Building Area: 5,174
  • Gross Building Area: 5,174
  • Building Area: 4,599
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 4,599
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PINE VALLEY RANCHES
  • Land Acres: 0000005375
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 001
  • Legal Description 1: LOT 22 PINE VALLEY RANCHES

Neighborhood

  • School District Name: Sarasota County School District
  • School Tax School District: A055 F052 G054
  • Census Tract: 002725

Zoning

  • Zoning: OUE

Geography

  • Assessors Map Reference: 26B
  • Account Number: 0213090001
  • Subdivision Tract Number: 1851
  • Parcel: 0213-09-0001
  • Lot: 22
  • Meridian: SEC 18 TWN 36S RNG 19E
  • Municipality: SARASOTA COUNTY
  • Latitude: 27.3523
  • Longitude: -82.4352

    Address

  • Full Address: 1343 Ranchero Dr
  • Address - House Number: 1343
  • Address - Street Name: Ranchero
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Sarasota
  • Carrier Code: R048
  • 4-Digit Zip Code: 9436
  • Zip Code: 34240

Valuation

    Tax

  • Total Area: 6,337
  • Tax Year: 2023
  • Tax Amount: $832,851
  • Tax Rate Code Area: 0100

    Appraisal Valuation

  • Standard Deviation: 0.1651
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 79
  • Final Value: 1,516,325
  • High Value: 1,766,743
  • Low Value: 1,265,907

    Market Valuation

  • Market Total Value: $1,296,300
  • Market Land Value: $439,300
  • Market Improvement Value: $857,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $666,151

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 01, 1997
  • Current Sale Recording Date: Apr 07, 1997
  • Current Sale Price:
  • Current Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: FIX
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Pine Valley Ranches


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Frequently Asked Questions

When was property at 1343 Ranchero Drive built and last sold?
The property at 1343 Ranchero Drive was built in 1989 and last sold on Apr 1, 1997 for $331,300.
How much is this home worth?
The estimated value of the home located at 1343 Ranchero Drive is $0.
What are some comparable homes to 1343 Ranchero Drive?
There are currently no comparable homes to 1343 Ranchero Drive.