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

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