Active
7146 TERRITORY LN
SARASOTA FL, 34240
$2,900,000
$751.49 per sqft
Active
3,859 sqft
Multi-family
Built in 1975
TWO SINGLE-FAMILY HOMES ON 5 ACRES WITH A MASSIVE BARN! INCOME PRODUCING POTENTIAL! NO RENTAL RESTRICTIONS. Welcome to the exclusive Fox Creek community, where this exceptional 5-acre family compound awaits you. Situated at the end of a peaceful cul-de-sac, this private 5-acre lot is fully fenced and features paddocks and pastures, all framed by the natural privacy of majestic oak trees and swaying palm trees. This remarkable property boasts three distinct structures: two single-family homes with an expansive barn/workshop/garage. Located in the highly sought-after Fox Creek Acres II neighborhood in Sarasota, this once-in-a-generation opportunity comes with no HOA or deed restrictions, offering unmatched versatility. Whether you dream of creating a family compound, equestrian estate, farm, or private retreat, 7146 Territory Lane is the perfect blank canvas. The MAIN RESIDENCE (HOUSE #1) offers over 3,000 total sq. ft., with 5 bedrooms, 3.5 baths, wood burning fireplace, 2 car garage, covered paver patio with a refreshing pool with a cabana bath. The details of the main home include an updated kitchen, baths, luxury vinyl, newer roof (2019), newer A/C, impact windows and garage door, new well and water system. The second home (HOUSE #2) is equally impressive and built-in 2003 with more than 2,000 total sq. ft, this open floor plan has 3 bedrooms and 2 bathrooms with two 2-car garages plus a separate area for RV hookup. As well as a nice large front porch and a covered screened-in back patio. As for the two-story barn, it has a newer roof (2023) and it offers over 4,000 total sq. ft. of versatile space, perfect for a workshop, a garage equipped with a car lift, or even a gym, as shown. The possibilities are endless. Set within the peaceful surroundings of Fox Creek Acres, this estate offers the privacy and serenity of rural living without sacrificing proximity to modern amenities. Convenience meets tranquility with this property's prime location. Situated just under 5 minutes from the highway, you'll enjoy seamless access to everything Sarasota has. The vibrant University Town Center (UTC) area is only 15 minutes away, offering over 250 stores, restaurants, and entertainment options. UTC is also home to Nathan Benderson Park, a hub for outdoor activities and international rowing events, making it a destination for shopping, recreation, and entertainment. Additionally, the property is just 30 minutes from the cultural and culinary delights of downtown Sarasota, where you'll find theaters, galleries, waterfront parks, and award-winning restaurants.
A4635408
MLSⓇ ID
January 11, 2025
Listed
January 17, 2025
Updated
Map
7146 TERRITORY LN
SARASOTA FL, 34240
Interior Features
Total Stories
2
Interior Features
L Dining, Primary Bedroom Upstairs
Appliances
Dishwasher, Disposal, Dryer, Microwave, Range Hood, Refrigerator, Washer
Laundry Description
Laundry Room
Floor Description
Luxury Vinyl
Fireplace
Yes
Cooling
Yes
Cooling Description
Central Air
Heating
Yes
Heating Description
Electric
Exterior/Building Features
Lot Size
5.01 Acres
Exterior Features
Sidewalk, Storage
Lot Features
Cul-De-Sac, Private
Roof
Shingle
Sewer
Septic Tank
School Information
High School
Booker High
Elementary School
Tatum Ridge Elementary
Other Property Details
Area Name
34240 - Sarasota
Taxes
$9,164
Tax Frequency
Annually
Days on Market
6
Association Fee Frequency
Monthly
Garage
Yes
Garage Spaces
6
Parking
Driveway, Garage Door Opener, Garage Faces Side, Golf Cart Parking, Guest, Off Street, Parking Pad, RV Parking, Workshop in Garage
View
Yes
View Description
Pool, Trees/Woods, Water
County
Sarasota
Municipality
36S
Water Source
Well
Pool
Yes
Pool Features
In Ground, Lighting
Zoning
OUE
Listed by COLDWELL BANKER REALTY
Listing Contact: 941-366-8070
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Data last updated 1/17/2025, 5:17 PM UTC