by Global Lifestyle Properties

See Home Value
$500,000
● House - Off Market

4940 THAMES LANE

SARASOTA, FL 34238
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,221 Ft²
$3,383
Est. Monthly
$404
HOA / Fees

About This Property

PRICED TO SELL!!! Nestled within a serene 50-acre community in scenic Palmer Ranch, the intimate neighborhood of Wellington Chase is home to this absolutely stunning 3-bedroom + den, 2-bath pool home with spa-designed to impress. Recent upgrades include a new roof (2021), hurricane shutters (2024), A/C (2020), hot water heater (2020), and newer stainless-steel kitchen appliances, offering peace of mind and modern convenience. This thoughtfully designed floor plan is ideal for larger families or visiting guests. The primary suite features an oversized walk-in closet with custom built-ins, along with a spa-like en-suite bath offering dual vanities and a separate soaking tub. The guest bedrooms are light and bright, each with walk-in closets, and share a Jack-and-Jill bathroom connected to the den-easily convertible into a fourth bedroom if desired. Step outside to your private screened pool and spa, perfect for entertaining or relaxing while enjoying the Florida lifestyle. Wellington Chase is ideally located just minutes from world-famous Siesta Key Beach, premier dining, shopping, entertainment, top-rated hospitals, the Legacy Trail, and the YMCA-offering the ultimate blend of convenience, outdoor recreation, and coastal living. Schedule your private showing today and start living the Florida lifestyle you've been dreaming of.
Unit Size
2,221 Ft²
Days on Market
81 days
Land Size
0.27 acres
Price per sqft
$243
Property Type
House
Property Taxes
$328
HOA Dues
$404
Year Built
1996

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Last updated: 6 months ago (Stellar MLS #TB8468334)

Price History

Date / Event Date Event Price
Apr 14, 2026 Sold
Sold
Mar 13, 2026 In contract -
In contract
Jan 23, 2026 Listed by COMPASS FLORIDA, LLC $540,000
Listed by COMPASS FLORIDA, LLC
Feb 26, 2025 Price Decreased $599,900
↓ $25K (4%)
Price Decreased
Jan 22, 2025 Listed $625,000
Listed
Nestled within a 50 acre community in scenic Palmer Ranch sits the intimate community of Wellington Chase. This Absolutely Stunning 4 Bedroom 2 Bathroom Pool Home is sure to please. New Roof 2021, New Hurricane Shutters 2024, New Hot Water Heater 2020, New AC in 2020, and Newer Stainless Steel Appliances in the Kitchen. Perfect for larger families or visiting guests. The Primary Bedroom Suite offers an oversized walk-in closet with Custom built-ins, master bath with his and her sinks and separate soaking tub. Each guest bedroom is light and bright with walk in closets and a Jack and Jill bathroom connected to the Den, which could be converted into a 4th bedroom. Wellington Chase is located just minutes to world famous Siesta Key Beach, dining, entertainment, shopping, hospitals and more. Take a look at this amazing home today, and start living the ultimate Florida Lifestyle! Wellington Chase is located just minutes to famous world-renowned beaches, dining and entertainment, Hospitals as well as the Legacy Trail and YMCA for the ultimate in outdoor life and fitness.
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Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1996
  • Effective Year Built: 2006
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 5
  • Construction Type: 12
  • Building Style: 0
  • Exterior Walls Type: 12
  • Interior Walls Type: 3
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 394
  • Parking Space Count: 1
  • Patio Type: 5
  • Porch Type: 111
  • Pool Type: 8
  • Location Influence Type: 125

    Dimensions

  • Lot Size Square Feet: 11,775
  • Total Building Area: 2,615
  • Gross Building Area: 2,655
  • Building Area: 2,221
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,221
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WELLINGTON CHASE UNIT 1
  • Land Acres: 0000000270
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 001
  • Legal Description 1: LOT 57 WELLINGTON CHASE UNIT 1

Neighborhood

  • School District Name: Sarasota County School District
  • School Tax School District: A055 F052 G054
  • Census Tract: 002015

Zoning

  • Zoning: RSF3

Geography

  • Assessors Map Reference: 29B
  • Account Number: 0097150019
  • Subdivision Tract Number: 2611
  • Parcel: 0097-15-0019
  • Lot: 57
  • Meridian: SEC 14 TWN 37S RNG 18E
  • Municipality: SARASOTA COUNTY
  • Latitude: 27.2632
  • Longitude: -82.469

    Address

  • Full Address: 4940 Thames Ln
  • Legal Unit: 1
  • Address - House Number: 4940
  • Address - Street Name: Thames
  • Address - Suffix Type: Ln
  • State: FL
  • City Name: Sarasota
  • Carrier Code: R018
  • 4-Digit Zip Code: 2762
  • Zip Code: 34238

Valuation

    Tax

  • Total Area: 2,879
  • Tax Year: 2023
  • Tax Amount: $360,973
  • Tax Rate Code Area: 0100

    Appraisal Valuation

  • Standard Deviation: 0.1882
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 75
  • Final Value: 690,913
  • High Value: 820,976
  • Low Value: 560,850

    Market Valuation

  • Market Total Value: $509,000
  • Market Land Value: $141,100
  • Market Improvement Value: $367,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $296,453

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 25, 2001
  • Current Sale Recording Date: Sep 26, 2001
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2001138092
  • Previous Sale Recording Date: Apr 10, 2001
  • Previous Sale Contract Date: Apr 03, 2001
  • Previous Sale Amount: $75,000
  • Previous Sale Document Type: 55

    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 Palmer Ranch


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Nearby Rentals

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3670 Emily Lane, FL, 34238 Listing by Margaret Young
Unit for rent at 6722 Roxbury Drive, FL, 34231

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6722 Roxbury Drive, FL, 34231 Listing by Chrissie Cummings
Unit for rent at 6392 Woodbirch Place, FL, 34238

$5,000 /mo

  • 3 Beds
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  • 2,432 ft²
6392 Woodbirch Place, FL, 34238 Listing by Cody Smith


Frequently Asked Questions

When was property at 4940 Thames Lane built and last sold?
The property at 4940 Thames Lane was built in 1996 and last sold on Sep 25, 2001 for $240,000.
How much is this home worth?
The estimated value of the home located at 4940 Thames Lane is $0.
What are some comparable homes to 4940 Thames Lane?
There are currently no comparable homes to 4940 Thames Lane.