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Listing Details for MLS #A4640097 - 1228 Wagon Wheel Drive, Sarasota, Fl 34240

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Residential Property - Single Family Residence in Sarasota

Listing Price: $2,000,000Days on Market: 156

Description of Property

One or more photo(s) has been virtually staged. Discover the Ultimate Sanctuary in Fox Creek II! Tucked away on a private drive, this breathtaking 5-acre estate—one of the last remaining in Sarasota where you can build your dream home—offers endless opportunities. Whether you’re looking for a private family compound, a horse lover’s paradise, a premier event venue, or the perfect place to run your business from home, this property has it all. Enclosed by lush trees and a solid perimeter wall, this magnificent estate is a true private oasis. Enjoy the oversized outdoor pool, explore the serene boating pond with its enchanting water feature, or let the little ones play in their own private playground. The entertainment hall, complete with a full kitchen, is the perfect space for unforgettable gatherings with family and friends. Currently an income-producing property, this estate has hosted private events, retreats, and gatherings, generating revenue as a sought-after venue. With endless possibilities, it can continue to serve as a profitable investment or be transformed into your dream residence. Enjoy the perfect blend of rural serenity and modern convenience. In just 5 minutes, you can access the interstate, opening a world of possibilities. The vibrant University Town Center (UTC) area—home to over 250 stores, top-tier restaurants, and entertainment venues—is only 12 minutes away. UTC also features Nathan Benderson Park, a world-class destination for outdoor recreation and international rowing events. Just 20 minutes away, Downtown Sarasota invites you to explore its rich arts scene, waterfront parks, and award-winning dining and only 30 minutes to the award winning Siesta Key Beach. This extraordinary 3-bedroom, 2-bathroom & space for optional 4th bedroom and 3rd bath with elevator estate isn’t just a home—it’s a private retreat where every day feels like a vacation. Whether you choose to enjoy its existing beauty, create the ultimate family compound, horse property, host spectacular events, or design and build your dream residence, the possibilities are truly endless. Don’t miss this rare opportunity—schedule your private showing today!The average asking price for a 3 bedroom/2 bath single family residence in this Zip code is $848,419. This single family residence is listed at about 236% of the average asking price. This is the only 3 bedroom/2 bath single family residence between $1,800,000 and $2,200,000 currently listed for sale in this Zip code.

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Property Details At A Glance

  • Virtual Tour

Property Type: Residential
Property Use or Sub Type: Single Family Residence
City: Sarasota
County: Sarasota
Subdivision: Fox Creek Acres
Bedrooms: 3
Bathrooms: 2
Sq. Ft. Gross: 7,396
Sq. Ft. Living Area: 2,771
Cost per (heated) sqare foot: $722
Year built: 1991
Annual Tax: $6,434

Taxes and fees can change periodically, and other fees may apply. Please check with your Realtor for more details.

Interior Features: Open Floorplan
Appliances: Other

Fireplace: Yes
Fireplace Features: Living Room

Flooring: Tile

Laundry Features: Laundry Closet

Schools

Elementary School: Tatum Ridge Elementary
Middle/Junior High School: McIntosh Middle
High School: Booker High

Pool & Waterfront Info

Private Pool: Yes
Pool Features: Salt Water
Water Access: Yes
Water Access Type: Lake

Exterior & Construction

Construction: Wood Siding
Foundation: Stem Wall
Roof: Shingle
Exterior Features: Sliding Doors
Garage: Yes
Garage Spaces: 2
Parking Features: Workshop in Garage
Floors Total: 2
Floors in Unit: Two
Cooling: Central Air
Heating & Fuel: Central
Electric:
Patio & Porch Features: Porch
Security Features:
Other Structures: Storage
View: Trees/Woods
Fencing: Masonry

Utilities: Electricity Connected
Sewer: Septic Tank
Water Source: Well
Community Features: Pool

Lot Information

Lot Features: Zoned for Horses
Lot Size (acres): 5.08
Lot Size (sq. ft.): 221,284 square feet
Road Frontage: Private Road
Front Exposure: East

Legal Description & Other Information

Financing Available: VA Loan
Parcel Number: 0212030001
Zoning: OUE
Tax Legal Desc.: LOT 30 FOX CREEK ACRES UNIT 2
Section: 17
Range: 19E

Map

 

Listing courtesy of PREFERRED SHORE LLC. The information relating to real estate for sale on this website comes in part from the My Florida Regional MLS DBA Stellar MLS. This information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.

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