7146 Territory Lane, Sarasota, FL 34240

$2,200,000
3,859
SqFt

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Sold Price
$2,200,000
List Price
$2,600,000
Status
Sold
Days on Market
73
Closing Date
May 19, 2025
MLS#
A4635408
Property Style
Triplex
Year Built
1975
Living Area
3,859
Price per sq. ft.
673.75
Lot Size
218,090
Acres
5
Total Acreage
5 to less than 10
Building Name
Main House
Legal Subdivision Name
Fox Creek Acres Ii
Community Name
Fox Creek Acres
MLS Area Major
Sarasota

Property Description

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 awaiting your farm animals, 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.

Additional Information

Taxes
$9163
Minimum Lease Period
No Minimum
Location
Cul-De-Sac, Private
Community Features
Horses Allowed, No Deed Restriction
Property Description
Two Story
Zoning
OUE
Interior Features
L Dining, PrimaryBedroom Upstairs
Floor
Luxury Vinyl
Appliances
Dishwasher, Disposal, Dryer, Microwave, Range Hood, Refrigerator, Washer
Utilities
Cable Connected, Electricity Connected
Heating
Electric
Air Conditioning
Central Air
Fireplace
Yes
Fireplace Description
Wood Burning
Exterior Construction
Stucco
Exterior Features
Sidewalk, Storage
Roof
Shingle
Foundation
Stem Wall
Pool
Private
Pool Type
In Ground, Lighting
Garage Carport
5+ Car Garage
Garage Spaces
6
Garage Features
Driveway, Garage Door Opener, Garage Faces Side, Golf Cart Parking, Guest, Off Street, Parking Pad, RV Access/Parking, Workshop in Garage
Elementary School
Tatum Ridge Elementary
Middle School
Mcintosh Middle
High School
Booker High
Pets
Allowed
Flood Zone Code
A/AE/X
Parcel ID
0212060005
Legal Description
LOT 34, FOX CREEK ACRES, SECTION 17, TOWNSHIP 36 SOUTH, RANGE 19 EAST 5 ACRES

Listing courtesy of COLDWELL BANKER REALTY. 941-366-8070

Selling Office: RE/MAX ALLIANCE GROUP.

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