Residential Property - Single Family Residence in Sarasota

Listing Price: $1,000,000Days on Market: 1

Description of Property

Discover the charm of Old Forest Lakes, a coveted neighborhood where homes are rarely available. This is your chance to breathe new life into an existing residence or craft your dream estate on this expansive nearly ¾ acre lot. Nestled in the heart of Sarasota, you'll find the magnificent 9-acre winding lake at the center of this picturesque community, surrounded by beautifully curving streets and 75 estate-sized home sites. Imagine waking up to the grandeur of stately old oak trees that not only create a stunning backdrop but also provide a sanctuary for local birds and wildlife. With no deed restrictions, the possibilities are limitless-design a sprawling estate that accommodates gates, ancillary dwellings, and separate garages tailored to your lifestyle. This hidden gem is ideally situated just minutes from downtown Sarasota, offering easy access to exquisite dining, vibrant arts, premier shopping, reputable hospitals, and both public and private schools. Plus, you're just a short drive from our stunning beaches and coastlines. Don't miss this rare opportunity to make your mark in one of Sarasota's most desirable neighborhoods. Complete set of plans and renderings designed for a custom-built home on this property are availableThe average asking price for a 3 bedroom/2 bath single family residence in this Zip code is $508,540. This single family residence is listed at about 197% of the average asking price. This is the only 3 bedroom/2 bath single family residence between $800,000 and $1,200,000 currently listed for sale in this Zip code.