by Global Lifestyle Properties

See Home Value
$1,330,000
● House - Off Market

5793 Old Ranch ROAD

SARASOTA, FL 34241
bedrooms
6 Beds
bathrooms
8 Baths, 2 Half Baths
square feet
7,455 Ft²
$8,401
Est. Monthly
$54
HOA / Fees
1.95%
Cap Rate

About This Property

OWNER IS MOTIVATED AND ENTERTAINING ALL OFFERS! Myakka Valley Ranches, "Sarasota County's last frontier:" Great opportunity to acquire a beautiful, very private, 5-acre lot with 2 big homes (each with an attached air-conditioned garage), a spectacular pool, and a big air-conditioned outbuilding for a remarkably low price. The 3,515 SF 2-story home in the front has a ground floor master suite with skylights, and two bedrooms upstairs, both with en suite bathrooms. The large kitchen was fully renovated in 2011, with quartz countertops, center island and seating peninsula; walk-in party. Large living room with fireplace, and dining room, fully renovated in 2023. The home has four baths, an upstairs balcony/deck with beautiful views of the pond, and several screened porches. The downstairs master is currently used as a work area. This could also serve as a rental since it has a utility kitchen and a bathroom. In front of the home is a 1,092 sf air-conditioned building, which was once a 3-car garage (the overhead doors are still in place). It features a kitchenette and a half bath. This would be a great space for a studio, caretaker, home-schooling office, you name it. On the left side of the house is an attached carport, which is connected to an air-conditioned 702 sf 2- car garage. The 2,848 sf home in the back of the property features a big (1,800 sf) pool deck with a spectacular ray-shaped heated pool. In its center is a built-in hot tub with ray-shaped grotto and waterfall. A huge industrial fan is one of the first things you notice upon entering the light and bright 20 x 40 studio/office on the south side of the house. A breezeway connects the house to an 1,131 sf 3-car air-conditioned garage. The 5+ acre lot is spectacular: a big pond in the center separates the two homes, while many big live oak trees, all kinds of palm trees, and bamboo clusters give it a distinctly tropical, "Florida" vibe. The reason that this property is priced so competitively (7,455 SF airconditioned living space, at $199/SF, compared to a median sale price of $401/sf in the community since 1/7/23) has to do with the unfortunate effect of hurricane Ian, an exceptionally destructive storm: the back house flooded in 9/23, and will need a major make-over. A beginning has been made: floors, doors, closets, bathroom fixtures, appliances, kitchen cabinets, and all the affected sections of drywall have been removed, and mold remediation has taken place. The A/C is running, and the pool is clean. It was

planned as a 3/2 house, but it would be rather easy to change this configuration. Because the front house is higher (flood zone x), it only had minor water intrusion, which has been professionally restored. Myakka Valley Ranches is one of the most beautiful equestrian communities in Sarasota. The ca. 280 homes are all situated on at least 5 acres. Winding roads and nature trails provide its residents with the opportunity to walk, ride their bicycle or horse in a stunningly beautiful environment. There is even a community park (close to the listing), where one can launch a kayak, and paddle to the Upper Lake of Myakka River State Park, Florida's biggest state park at 37,000 acres. Downtown Sarasota, with its many cultural amenities, is only 40 minutes away, as are the award-winning beaches of Siesta Key. Great restaurants, shops, and good public and private schools are all within 30 minutes from "the Valley," as the locals call their slice of paradise.
Unit Size
7,455 Ft²
Days on Market
149 days
Land Size
5.00 acres
Price per sqft
$200
Property Type
House
Property Taxes
$1,030
HOA Dues
$54
Year Built
1980

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Last updated: 2 years ago (Stellar MLS #A4620072)

Price History

Date / Event Date Event Price
Jan 13, 2025 Sold
Sold
Nov 25, 2024 In contract -
In contract
Nov 3, 2024 Price Decreased $1,490,000
↓ $100K (6.3%)
Price Decreased
Sep 13, 2024 Price Decreased $1,590,000
↓ $110K (6.5%)
Price Decreased
Aug 17, 2024 Listed by COLDWELL BANKER REALTY $1,700,000
Listed by COLDWELL BANKER REALTY
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Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1980
  • Effective Year Built: 1995
  • Building Count: 2
  • Total Rooms: 14
  • Bedroom Count: 6
  • Bathroom Count: 7
  • Full Bathrooms: 6
  • Partial Bathrooms: 7
  • Building Condition: 6
  • Building Quality: 5
  • Construction Type: 12
  • Building Style: 0
  • Exterior Walls Type: 12
  • Interior Walls Type: 3
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 15
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 702
  • Parking Space Count: 8
  • Patio Type: 5
  • Porch Type: 77
  • Pool Type: 8
  • Location Influence Type: 125

    Dimensions

  • Lot Size Square Feet: 217,809
  • Total Building Area: 7,396
  • Gross Building Area: 7,684
  • Building Area: 5,563
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 5,563
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MYAKKA VALLEY RANCHES UNIT 3
  • Land Acres: 0000005000
  • Standard Land Use Code: 1001
  • County Land Use Code: 010X
  • State Land Use Code: 001
  • Legal Description 1: PART OF LOT 157 DESC AS COM AT SW COR OF LOT 157 SAID COR BEING C/L OF PRIVATE EASMT TH N-33-29- 17-E ALG C/L 59.81 FT TO POB TH N-33-29-17-E 200 FT TH LEAVING C/L OF LOT 157 TH E 1265.28 FT TH

Neighborhood

  • School District Name: Sarasota County School District
  • School Tax School District: A055 F052 G054
  • Census Tract: 002726

Zoning

  • Zoning: OUE1

Geography

  • Assessors Map Reference: 31B
  • Account Number: 0594011571
  • Subdivision Tract Number: 1839
  • Parcel: 0594-01-1571
  • Block: 9
  • Lot: 157
  • Meridian: SEC 09 TWN 37S RNG 20E
  • Municipality: SARASOTA COUNTY
  • Latitude: 27.2692
  • Longitude: -82.3113

    Address

  • Full Address: 5793 Old Ranch Rd
  • Address - House Number: 5793
  • Address - Street Name: Old Ranch
  • Address - Suffix Type: Rd
  • State: FL
  • City Name: Sarasota
  • Carrier Code: R001
  • 4-Digit Zip Code: 9681
  • Zip Code: 34241

Valuation

    Tax

  • Total Area: 5,741
  • Tax Year: 2023
  • Tax Amount: $1,235,772
  • Tax Rate Code Area: 0100

    Appraisal Valuation

  • Standard Deviation: 0.1644
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 79
  • Final Value: 1,285,552
  • High Value: 1,496,965
  • Low Value: 1,074,139

    Market Valuation

  • Market Total Value: $1,083,500
  • Market Land Value: $275,800
  • Market Improvement Value: $807,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,083,500
  • Assessed Land Value: $275,800
  • Assessed Improvements Value: $807,700

    Sales

  • Current Sale Contract Date: Aug 30, 2010
  • Current Sale Recording Date: Sep 03, 2010
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2010108990
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 Myakka Valley Ranches


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Frequently Asked Questions

When was property at 5793 Old Ranch Road built and last sold?
The property at 5793 Old Ranch Road was built in 1980 and last sold on Aug 30, 2010 for $435,000.
How much is this home worth?
The estimated value of the home located at 5793 Old Ranch Road is $1,504,900.
What are some comparable homes to 5793 Old Ranch Road?
There are currently no comparable homes to 5793 Old Ranch Road.