by Global Lifestyle Properties

See Home Value
$640,000
● House - Off Market

16023 Winburn DRIVE

SARASOTA, FL 34240
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
1,675 Ft²
$3,385
Est. Monthly
$21
HOA / Fees
4.99%
Cap Rate

About This Property

SELLER OFFERING 10K CREDIT TOWARDS UPDATING!!! Welcome to East Sarasota's Rainbow Ranches, where homes rarely become available. THIS IS THE LEAST EXPENSIVE 5 ACRE SINGLE FAMILY HOME IN EAST SARASOTA. This charming 3-bedroom, 2.5-bath home sits on a sprawling 5-acre lot, offering the perfect blend of rural tranquility and not too far out from modern conveniences. With OUE zoning, there are additional opportunities to build other structures including a detached MOTHER IN LAW SUITE UP TO 1200 SQ FT make this multigenerational or supplement income. This well cared for home features a durable metal roof and hurricane impact windows, hardie board (cement) siding, ensuring safety and longevity. Step outside to find multiple pastures, ideal for livestock, complete with cattle chutes, chicken coops, making this property perfect for animal lovers and their furry and feathered friends. The entire property is fully fenced, providing security and peace of mind. Additional storage is available with a newer shed that has been added and plenty of room for your RV or boat. Nestled in a wonderful community with no deed restrictions, you'll enjoy the freedom to truly make this property your own. Plus, it's located in an excellent school district and just a short drive from town, where you can take advantage of great amenities. Come and experience country living at its finest! Estimates for painting whole home and flooring are on site at home and attached to MLS. THERE IS A $750 PER YEAR HOA FEE AND THAT IS FOR THE ROADS ONLY. HOA HAS NO DEED RESTRICTIONS
Unit Size
1,675 Ft²
Days on Market
224 days
Land Size
5.00 acres
Price per sqft
$388
Property Type
House
Property Taxes
$172
HOA Dues
$21
Year Built
1977

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Last updated: 2 years ago (Stellar MLS #A4617620)

Price History

Date / Event Date Event Price
Feb 28, 2025 Sold
Sold
Jan 2, 2025 In contract -
In contract
Dec 4, 2024 Price Decreased $650,000
↓ $5K (0.8%)
Price Decreased
Nov 26, 2024 Relisted $655,000
Relisted
Nov 15, 2024 In contract -
In contract
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Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1977
  • Effective Year Built: 1990
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 17
  • Building Style: 0
  • Exterior Walls Type: 19
  • Interior Walls Type: 3
  • Roof Shape Type: 1
  • Roof Cover Type: 5
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 504
  • Parking Space Count: 2
  • Patio Type: 34
  • Porch Type: 111
  • Pool Type: 0
  • Location Influence Type: 125

    Dimensions

  • Lot Size Square Feet: 217,800
  • Total Building Area: 2,179
  • Gross Building Area: 2,711
  • Building Area: 1,675
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,675
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: RAINBOW RANCH ACRES
  • Land Acres: 0000005000
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 001
  • Legal Description 1: LOT 42 RAINBOW RANCH ACRES

Neighborhood

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

Zoning

  • Zoning: OUE1

Geography

  • Assessors Map Reference: 27D
  • Account Number: 0551010420
  • Subdivision Tract Number: 1890
  • Parcel: 0551-01-0420
  • Lot: 42
  • Meridian: SEC 24 TWN 36S RNG 20E
  • Municipality: SARASOTA COUNTY
  • Latitude: 27.3368
  • Longitude: -82.2657

    Address

  • Full Address: 16023 Winburn Dr S
  • Address - House Number: 16023
  • Street Segment Direction: S
  • Address - Street Name: Winburn
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Sarasota
  • Carrier Code: R002
  • 4-Digit Zip Code: 9226
  • Zip Code: 34240

Valuation

    Tax

  • Total Area: 2,179
  • Tax Year: 2023
  • Tax Amount: $206,455
  • Tax Rate Code Area: 0100

    Appraisal Valuation

  • Standard Deviation: 0.082
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 93
  • Final Value: 787,505
  • High Value: 852,102
  • Low Value: 722,908

    Market Valuation

  • Market Total Value: $415,600
  • Market Land Value: $267,000
  • Market Improvement Value: $148,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $159,113

    Sales

  • Current Sale Contract Date: Jun 30, 1998
  • Current Sale Recording Date: Jul 01, 1998
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 1998086918
  • Previous Sale Recording Date: Aug 27, 1996
  • Previous Sale Contract Date: Aug 26, 1996
  • Previous Sale Amount: $131,000
  • Previous 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 Rainbow Ranch Acres


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Frequently Asked Questions

When was property at 16023 Winburn Drive built and last sold?
The property at 16023 Winburn Drive was built in 1977 and last sold on Jun 30, 1998 for $140,000.
How much is this home worth?
The estimated value of the home located at 16023 Winburn Drive is $688,943.
What are some comparable homes to 16023 Winburn Drive?
There are currently no comparable homes to 16023 Winburn Drive.