LENA LANE

SARASOTA, FL 34240

Listing courtesy of KELLER WILLIAMS ON THE WATER S · MLS# N6143021

$450,000

Pending

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Property Details

Lot size

4.98 acres

Zoning

OUE1

Price / acre

$90,361

MLS#

N6143021

Listed

April 24, 2026

Description

Under contract-accepting backup offers. Rarely does an opportunity arise to own nearly five acres of pristine Sarasota landscape in such a coveted location. This exceptional 4.98-acre parcel on Lena Lane offers the perfect balance of rural tranquility and urban convenience, providing a sprawling blank canvas for your architectural vision. Zoned OUE-1 with open use and agricultural flexibility, this property presents an ideal setting to design and build a custom residence with ample space for a guest home, workshop, barn, or additional estate features. The generous acreage is especially appealing for equestrian enthusiasts, hobby farming, or those simply seeking privacy and room to grow. With no deed restrictions or HOA requirements, owners can enjoy added freedom and flexibility to accommodate farm animals, boat or RV storage, trailers, detached garages, workshops, and other lifestyle amenities tailored to their needs. Essential utilities add to the parcel’s appeal, with electricity available nearby, while a well and septic system would need to be installed allowing for a more private, self-sufficient setup. Located in a no flood hazard area, the property offers added peace of mind for future development and ownership. Despite its peaceful, tucked-away setting along a quiet canopy-lined road, the parcel remains conveniently positioned with easy access to Sarasota, University Town Center shopping and dining, I-75, and the Gulf Coast’s world-renowned beaches. This is a rare opportunity to secure one of the few remaining large parcels in the 34240 area and create a private estate tailored to your vision and lifestyle.

Facts & Costs

Property type: Land
Zoning: OUE1
Current use: Residential
Lot dimensions: 338x638x338x642
Price per acre: $90,361
Lot size: 4.98 acres
Days on market: 159
Waterfront: No
County: Sarasota
Flood zone: X

Monthly & yearly costs

Property taxes: $3,216 / year (2025)

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

Utilities & lot

Sewer: Septic Needed
Water: Well Required

Payment Estimate

$2,543 / month

Principal & interest: $2,275
Property taxes: $268
HOA: $0
Home insurance: enter below

Down payment (20%)$90,000Interest rate (%)Loan termHome insurance ($/year)

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

Information deemed reliable but not guaranteed.

Listings courtesy of Stellar MLS as distributed by MLS GRID

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