5650 CHURCHILL DOWNS RD, SARASOTA, FL, 34241
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Coast 2 Coast Home Realty
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Why this home stands out
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Rare opportunity to acquire an approximately 18.28-acre assemblage consisting of three contiguous parcels in one of Sarasota's most desirable locations. This is a true needle-in-a-haystack opportunity for a private equestrian estate, multi-generational family compound, hobby farm, long-term investment, or legacy property, all right in the heart of Sarasota. The assemblage includes three concrete block residences totaling approximately 5,592 square feet of living area, 10 garage spaces, a pool, approximately 22 horse stalls, five paddocks/pastures, multiple barns and utility/outbuildings, including a 4,000 square foot concrete block barn with attached four-car garage, two ponds, extensive fencing, and significant existing equestrian infrastructure. The residences require renovation, updating, or restoration, creating an exceptional opportunity to reimagine and transform this unique property into a premier estate or trophy compound. The entire property is located in Flood Zone X, and OUE zoning provides exceptional flexibility and the potential for multiple legal homesites. The property is currently serviced by well and septic; however, public water and sewer are available on site for future connection, which is exceptionally rare for acreage properties of this size. Recent land clearing and site improvements have been completed. Properties of this size, configuration, and location are nearly impossible to find in today's market. Seller's preference is to sell the assemblage as a single offering, although alternative proposals may be considered.
Source: FL Dept. of Education
* Estimates are for illustration purposes only and do not constitute an offer of financial advice. Actual rates, payments, insurance, and taxes will vary based on credit, location, and other factors. Contact a licensed mortgage professional for a personalized quote. Homeowners insurance estimate based on Florida averages.