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Pending

7146 TERRITORY LN

7146 TERRITORY LN, SARASOTA, FL 34240
$2,600,000

Property Summary

  • 3,859 Sq.Ft. Living area
  • 5.01 Acres Lot

Under contract-accepting backup offers. 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.

Features & Amenities

Interior

Laundry room Laundry Room
Flooring Luxury Vinyl
Fireplace Wood Burning
Appliances Dishwasher, Disposal, Dryer, Microwave, Range Hood, Refrigerator, Washer
Other Interior Features L Dining, Primary Bedroom Upstairs

Area & Lot

Status Pending
Living area 3,859 Sq.Ft.
Lot Size 5.01 Acres
MLS® ID A4635408
Type: Multi-Family
Year Built 1975
View Description Pool,Trees/Woods,Water
Elementary School Tatum Ridge Elementary
Middle School McIntosh Middle
High School Booker High

Exterior

Stories 2
Garage Space 6.0
Water Source Well
Utilites Cable Connected, Electricity Connected
Pool In Ground, Lighting
Roof Shingle
Lot Features Cul-De-Sac, Private
Parking Driveway, Garage Door Opener, Garage Faces Side, Golf Cart Parking, Guest, Off Street, Parking Pad, RV Parking, Workshop in Garage
Heat type Electric
Air conditioning Central Air
Sewer Septic Tank
Substructure Stem Wall
Other Exterior Features Sidewalk, Storage

Finance

SALES PRICE $2,600,000
REAL ESTATE TAXES $9,164/yr
Zoning OUE

Interior

Laundry room Laundry Room
Flooring Luxury Vinyl
Fireplace Wood Burning
Appliances Dishwasher, Disposal, Dryer, Microwave, Range Hood, Refrigerator, Washer
Other Interior Features L Dining, Primary Bedroom Upstairs

Area & Lot

Status Pending
Living area 3,859 Sq.Ft.
Lot Size 5.01 Acres
MLS® ID A4635408
Type: Multi-Family
Year Built 1975
View Description Pool,Trees/Woods,Water
Elementary School Tatum Ridge Elementary
Middle School McIntosh Middle
High School Booker High

Exterior

Stories 2
Garage Space 6.0
Water Source Well
Utilites Cable Connected, Electricity Connected
Pool In Ground, Lighting
Roof Shingle
Lot Features Cul-De-Sac, Private
Parking Driveway, Garage Door Opener, Garage Faces Side, Golf Cart Parking, Guest, Off Street, Parking Pad, RV Parking, Workshop in Garage
Heat type Electric
Air conditioning Central Air
Sewer Septic Tank
Substructure Stem Wall
Other Exterior Features Sidewalk, Storage

Finance

SALES PRICE $2,600,000
REAL ESTATE TAXES $9,164/yr
Zoning OUE

Listing Contact

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Schedule a Showing

We would love to show you our beautiful property. Please select your preferred date and time below. An agent will be in touch shortly to confirm your appointment.

Thank you for your interest in 7146 TERRITORY LN, SARASOTA, FL 34240. We are reviewing your request and will be in touch shortly!

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The Schafer's specialize in luxury residential property which includes relocations, estate sales, and investment properties. With decades of experience in the real estate industry, we have been through multiple market cycles as an agent, seller, buyer, and investor. This has enabled us to develop a deep understanding of the often-complicated process that our customers will encounter.

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