1160 WAGON WHEEL DRIVE

Property Details

Description

Under contract-accepting backup offers. Welcome to a private 5 acre luxury estate, a rare multi residence retreat in the heart of Sarasota. Tucked behind a picturesque canopy of mature oaks and white ranch fencing, this exceptional property offers unmatched space, serenity, and versatility, featuring a beautifully maintained main residence, a fully equipped two story barn home with both upstairs and downstairs living accommodations, a sparkling saltwater pool, and acres of cleared usable land. The main home offers 3 bedrooms plus a large game room with a full closet that can serve as a fourth bedroom, office, or flex space depending on the buyer’s needs, along with multiple living areas and wide open spaces filled with natural light and peaceful views of the pool and surrounding acreage. Meaningful updates include appliances replaced in 2024, a whole house water softener system in 2024 including the apartment, septic pumped in 2024 with a new leech bed installed for both the home and apartment, a saltwater pool pump replaced in 2024, AC replaced in 2020, water heater replaced in 2019, and a durable metal roof from 2008. The expansive kitchen opens to the pool and living areas, complemented by a beautiful stone fireplace and a large bonus room perfect for a billiards room, playroom, gym, or hobby space. Outdoor living shines with a fenced saltwater pool and paver deck, ideal for sunny afternoons and relaxed evenings under the mature oak trees. The two story barn home is divided into two separate units, offering incredible flexibility for multigenerational living or rental income. The upstairs unit features 2 bedrooms and 1 and a half bathrooms, along with 2015 appliances and a private screened balcony overlooking the property. The downstairs unit includes 1 bedroom and 1 bathroom, updated flooring, granite counters, a 2020 stove and dishwasher, and a 2022 refrigerator. The barn also features a metal roof from 2006 and benefits from the recent septic upgrades. The full 5 acres are fully fenced and usable, perfect for horses, gardens, recreational vehicles, or future expansion, all accessed by a beautiful winding paved driveway and an oversized three car garage. This property offers peaceful privacy while still being close to shopping, dining, medical facilities, parks, I 75, and just a short drive to Siesta Key, Lido Key, and the world renowned Gulf Coast beaches.

Facts & Costs

Property type

Single Family Residence

Year built

1976

Lot size

5 acres

Garage

3 spaces

Price per sq ft

$588

Days on market

300

Private pool

Yes

Waterfront

No

Subdivision

FOX CREEK ACRES

County

Sarasota

Flood zone

X

Monthly & yearly costs

Property taxes

$5,221 / year (2024)

As reported by the listing agent. Verify with the HOA and county.

Construction & systems

Heating

Electric

Cooling

Central Air

Flooring

Laminate

Roof

Metal

Construction

Block

Parking

Workshop in Garage

View

Trees/Woods

Payment Estimate

$7,767 / month

Principal & interest

$7,332

Property taxes

$435

HOA

$0

Home insurance

enter below

Estimate only, not a loan offer. Rate is a starting value; taxes and HOA are as reported by the listing agent. Florida insurance (including flood) varies widely. Ask George for a lender referral.

Location

Features & Amenities

• Dishwasher
• Disposal
• Electric Water Heater
• Microwave
• Range
• Range Hood
• Refrigerator
• Water Filtration System
• Whole House R.O. System
• Eat-in Kitchen
• Kitchen/Family Room Combo
• Living Room/Dining Room Combo
• Primary Bedroom Main Floor
• Solid Surface Counters
• Solid Wood Cabinets
• Private Entrance
• Storage
• In Ground
• Salt Water