Active

$1,799,500

Features:
  • 6 Bedrooms
  • 6 Bathrooms
  • 4277 sq ft
Overview
  • ID: MFRA4683593
  • Bedrooms: 6
  • Bathrooms: 6
  • Size: 4277 sq ft
Property Details
Remarks
One or more photo(s) has been virtually staged. “NEW PRICE IMPROVEMENT! A Rare Opportunity with unmatched value to Own Three Distinct Residences in One Exceptional Property.” MULTI-GENERATIONAL HOUSING OR INCOME PRODUCING OPPORTUNITY! Two separate 3BR/2BA Homes + an additional 2BR/2BA Apartment. Each of the homes enjoys its own private entrance, separate driveway and its own garage, allowing households zzzs to live side by side while maintaining independence. And that's not all....the Workshop features a Full Bath and Laundry Room. In addition, there is another Barn which could accommodate 4+ Cars. This is truly a Quintessential Multi-Generational Compound on five-plus acres in Sarasota county, located adjacent to Waterside at Lakewood Ranch! Whether accommodating extended family, long-term guests or providing a private residence for caregivers, the thoughtful layout offers exceptional versatility. At the heart of the property, a beautiful pool and expansive screened lanai create an inviting backdrop for a Florida indoor/outdoor lifestyle. This outdoor retreat is positioned so both residences could enjoy easy access, making it a natural gathering place for family and guests alike. A dedicated pool bath adds convenience for swimmers and guests, keeping the indoor living areas pristine while enhancing seamless flow between indoor comfort and outdoor enjoyment. Expanding the living possibilities, perhaps you might want to consider using part or all of this property as Airbnb. The second-level apartment offers privacy with a light and airy vibe featuring an open plan and full kitchen. The unique adjoining sunroom spanning the length of the unit would be ideal for a yoga studio, game room or added entertainment space. Unlock the potential of this versatile apartment as a guest retreat, income-producing rental, inspiring studio or private office suite. This five-plus acre homesite with NO HOA, NO CDD's, and NO DEED RESTRICTIONS gives you the freedom to tailor the property to your personality. The large detached pole barn adds tremendous utility, providing ample space for farm animals, boats, RVs, equipment, hobbies or workshop use, ideal for those who need room to store, build or play. Buy with confidence knowing this home has a whole house generator, updated plumbing with no cast iron or copper piping. The cast iron sewer pipes have been replaced with PVC and the copper potable water pipes have been replaced with CPVC. The 4Point Inspection and Wind Mit has been completed. Homeowner's Insurance only $6700 per year! Experience the balance of peaceful country living with an unbeatable location. Within minutes of restaurants, boutiques, farmers markets, parks, and year-round events at the vibrant waterfront district at Waterside Place in Lakewood Ranch and only a short drive to the stunning beaches and renowned dining and cultural attractions of dynamic Sarasota. The home is positioned in one of the areas most dynamic growth corridors, just minutes to the newest Lakewood Ranch developments along Fruitville Rd corridor ~ where premier shopping, exceptional dining and modern conveniences continue to flourish! Whether you envision a private family compound, a multi-generational retreat, an income-producing opportunity or a flexible live-work estate, this remarkable property offers the rare combination of space, freedom and location. Schedule your private showing today and experience the endless possibilities for yourself. Welcome home to 1516 Fox Creek Dr!
Financial Considerations
Price:
$1,799,500
HOA Fee:
N/A
Tax Amount:
$14746.37
Price per SqFt:
$420.74
Tax Legal Description:
LOT 15 FOX CREEK ACRES
Exterior Features
Lot Size:
226512
Lot Features:
Cleared, Farm, In County, Landscaped, Level, Zoned for Horses
Waterfront:
No
Parking Spaces:
N/A
Parking:
Bath In Garage, Circular Driveway, Driveway, Garage Door Opener, Garage Faces Side, Golf Cart Parking, Ground Level, Guest, Open, Parking Pad, RV Access/Parking, Workshop in Garage
Roof:
Shingle
Pool:
Yes
Pool Features:
Auto Cleaner, Gunite, In Ground, Screen Enclosure, Solar Heat
Interior Features
Bedrooms:
6
Bathrooms:
6
Heating:
Central
Cooling:
Central Air
Appliances:
Built-In Oven, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Range, Refrigerator, Washer
Furnished:
Yes
Floor:
Ceramic Tile, Laminate, Tile
Levels:
One
Additional Features
Property Sub Type:
Single Family Residence
Style:
N/A
Year Built:
1973
Construction Type:
Block, Stucco
Garage Spaces:
Yes
Covered Spaces:
N/A
Direction Faces:
West
Pets Allowed:
Yes
Special Condition:
None
Additional Features:
French Doors, Private Entrance, RV Hookup, Sliding Doors, Storage
Additional Features 2:
N/A
Map
  • Address
    1516 FOX CREEK DR
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