$2,700,000
$90K PRICE DROP

Estimated payment $15,298/month

Total Views 7,816
3 Beds
3 Baths
3,003 Sq Ft
$899 Price per Sq Ft

Highlights

  • Parking available for a boat
  • Heated In Ground Pool
  • Reverse Osmosis System
  • Lakewood Ranch High School Rated A-
  • View of Trees or Woods
  • 5 Acre Lot

About This Home

Welcome to the newest finished product! This property will impress the most discerning buyers. A million dollar plus renovation has just been completed at this amazing Estate. Located only 30 minutes from Downtown Sarasota, this premier 5 Acre parcel sits on the highest elevation at nearly 99' above, soaring over all of the neighborhoods within miles. This lot is high and dry with no wetlands and no HOA, and has a large front and rear yard. 2025 Custom standing seam Metal roof, 2024 Hurricane Impact windows and Sliders, 2024 Insulated Metal Building that is 2,200 sq ft with 4 Custom 14x14 roll up doors and 1 12x12 roll up door, with RV and Motorhome hook ups. This fully fenced and Gated property offers buyers many options for Florida living. A New Construction paver driveway was just completed with over 17,000 sq ft of parking. Newly completed in 2025 a complete back yard transformation includes a private jungle firepit area, a huge elevated custom lagoon pool with 3 Natural Rock waterfalls, multiple sun shelves for lounging, a custom in water sitting table with stools, a 25 person heated spa, custom commercial outdoor kitchen with all the appliances including a hibachi grill, gas grill, wine fridge, side burner, ice stations and fridge. There is a Sunset tiki, outdoor shower, and multiple lounging areas. The backyard has been meticulously designed for entertaining and to capture the incredible sunsets, to include a lounging sunset tiki, as the back yard faces due West. A complete interior re design was completed in 2024, to include newly expanded 12' custom ceilings, a large open floor plan, custom interior wet bar, designer kitchen with double island and top of the line appliances and imported Brazilian Marble countertops.
There is too much to mention, please reach out to the listing agent for all property details.

Listing Agent

Stephanie Lamb

LOKATION Brokerage Phone: 954-545-5583 License #3324415 Listed on: 03/24/2025

LOKATION

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,400

Year Built

  • Built in 2013

Lot Details

  • 5 Acre Lot
  • East Facing Home
  • Vinyl Fence
  • Chain Link Fence
  • Mature Landscaping
  • Landscaped with Trees

Parking

  • 3 Car Attached Garage
  • 2 Carport Spaces
  • Driveway
  • Parking available for a boat
  • RV Garage
  • Golf Cart Parking

Property Views

  • Pond
  • Woods
  • Pool

Home Design

  • Slab Foundation
  • Metal Roof
  • Block Exterior

Interior Spaces

  • 3,003 Sq Ft Home
  • Open Floorplan
  • Wet Bar
  • Bar Fridge
  • Coffered Ceiling
  • Tray Ceiling
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Wood Burning Fireplace
  • Shades
  • French Doors
  • Family Room Off Kitchen
  • Living Room
  • Inside Utility
  • Ceramic Tile Flooring
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Convection Oven
  • Cooktop
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Stone Countertops
  • Reverse Osmosis System

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Eco-Friendly Details

  • Non-Toxic Pest Control
  • Drip Irrigation

Pool

  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Gunite Pool
  • Saltwater Pool
  • Outdoor Shower
  • Outside Bathroom Access
  • Pool Tile
  • Pool Lighting

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Outdoor Kitchen
  • Exterior Lighting
  • Separate Outdoor Workshop
  • Shed
  • Outdoor Grill
  • Rain Gutters

Horse Facilities and Amenities

  • Zoned For Horses

Utilities

  • Central Heating and Cooling System
  • 1 Water Well
  • 1 Septic Tank
  • Private Sewer

Community Details

  • No Home Owners Association
  • Magnolia Hill Subdivision Community
  • Magnolia Hill Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,400

Year Built

Built in 2013

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block
  • Fireplace: Yes
  • Living Area: 3003
  • Lot Size Acres: 5
  • New Construction: No
  • Year Built: 2013
  • Building Area Total: 4568
  • Lot Size Sq Ft: 217669
  • Directions to Property: PROPERTY LOCATED BETWEEN 70 AND FRUITVILLE. YOU CAN TAKE FRUITVILLE AND GO TO THE END, TAKE LEFT ON VERNA, RIGHT ON SINGLETARY AND LEFT INTO MAGNOLIA HILL, PROPERTY WILL BE ON YOUR LEFT. OR YOU CAN TAKE 70 AND GO TO VERNA AND TAKE A RIGHT, LEFT ON SINGLETARY AND LEFT INTO MAGNOLIA HILL, PROPERTY WILL BE ON YOUR LEFT.
  • Status: Active
  • Street Post Direction: E
  • Ownership: Fee Simple
  • Available for Lease YN: 1
  • Escrow State: FL
  • List Office Head Office Key Nume: 1057186
  • Minimum Lease: No Minimum
  • RATIO Current Price By Calculate: 899.10
  • Total Acreage: 5 to less than 10
  • Unit Number YN: 0
  • Water Access YN: 0
  • MFR_InLawSuiteYN: 0
  • MFR_DockYN: 0
  • Attribution Contact: 954-545-5583
  • Tax Year: 2023
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Wood Burning
  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile
  • Full Bathrooms: 3
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fans(s), Coffered Ceiling(s), Eat-in Kitchen, High Ceilings, Kitchen/Family Room Combo, Open Floorplan, Primary Bedroom Main Floor, Solid Surface Counters, Split Bedroom, Stone Counters, Tray Ceiling(s), Walk-In Closet(s), Wet Bar
  • Appliances Included: Bar Fridge, Convection Oven, Cooktop, Dishwasher, Dryer, Exhaust Fan, Kitchen Reverse Osmosis System, Microwave, Washer, Wine Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Other Equipment: Irrigation Equipment
  • Spa Features: Heated, In Ground
  • Spa Yn: Yes
  • Window Features: Skylight(s), Shades
  • Street Number Modifier: 9902
  • Additional Rooms: Inside Utility
  • Living Area Meters: 278.99
  • Room Count: 3

Exterior Features

  • Direction Faces: East
  • Other Structures: Finished RV Port, Outdoor Kitchen, Shed(s), Storage, Workshop
  • Pool Features: Gunite, Heated, In Ground, Lighting, Outside Bath Access, Salt Water, Tile
  • Exterior Features: French Doors, Lighting, Outdoor Grill, Outdoor Kitchen, Outdoor Shower, Rain Gutters
  • Roof: Metal
  • Pool Private: Yes
  • View: Pool, Trees/Woods
  • Waterfront: No
  • Patio and Porch Features: Covered, Deck, Front Porch, Rear Porch
  • Road Surface Type: Other
  • Water Extras YN: 0
  • Water View: Pond
  • Water View YN: 1
  • Waterfront Feet Total: 0
  • Flood Zone Date: 2014-03-17
  • Flood Zone Panel: 12081C0435E

Garage/Parking

  • Attached Garage: Yes
  • Carport Spaces: 2
  • Carport Y N: Yes
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Parking Features: Boat, Covered, Driveway, Golf Cart Parking, Guest, Oversized, RV Garage, RV Access/Parking

Utilities

  • Utilities: Private
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Inside, Laundry Room
  • Sewer: Septic Tank
  • Water Source: Private
  • Number Of Septics: 1
  • Number of Wells: 1

Condo/Co-op/Association

  • Association: No
  • Security: Smoke Detector(s)
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Lot Info

  • Zoning: A
  • Parcel Number: 172200503
  • Additional Parcels: No
  • Fencing: Chain Link, Vinyl
  • Lot Features: Zoned for Horses
  • Flood Zone Code: X
  • Homestead YN: 0
  • Lot Size Square Meters: 20222

Green Features

  • Green Indoor Air Qlty: Non Toxic Pest Control
  • Green Water Conservation: Drip Irrigation
  • Green Verification Count: 0

Rental Info

  • Lease Restrictions YN: 0

Tax Info

  • Tax Annual Amount: 8400
  • Tax Book Number: 25-29
  • Tax Lot: 9

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $8,845 $1,055,082 $140,250 $914,832
2024 $8,845 $692,485 $140,250 $552,235
2023 $8,845 $586,343 $86,700 $499,643
2022 $5,064 $210,312 $0 $0
2021 $5,372 $204,186 $0 $0
2020 $5,486 $201,367 $0 $0
2019 $5,450 $196,840 $0 $0
2018 $3,179 $193,170 $0 $0
2017 $3,000 $189,197 $0 $0
2016 $2,998 $185,306 $0 $0
2015 $3,033 $184,018 $0 $0
2014 $3,033 $182,558 $0 $0
2013 $3,026 $179,860 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/04/2025 08/04/25 Price Changed $2,700,000 -1.8% $899 / Sq Ft
06/13/2025 06/13/25 Price Changed $2,749,000 0.0% $915 / Sq Ft
04/24/2025 04/24/25 Price Changed $2,750,000 -1.4% $916 / Sq Ft
03/24/2025 03/24/25 For Sale $2,790,000 +335.9% $929 / Sq Ft
05/02/2023 05/02/23 Sold $640,000 -5.9% $233 / Sq Ft
03/11/2023 03/11/23 Pending -- -- --
03/08/2023 03/08/23 For Sale $680,000 -- $248 / Sq Ft
Source: Stellar MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $224,000 None Listed On Document
Warranty Deed $640,000 None Listed On Document
Personal Reps Deed -- None Listed On Document
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $500,000 Credit Line Revolving
Closed $470,200 New Conventional
Previous Owner $448,000 Balloon
Previous Owner $63,475 Credit Line Revolving
Previous Owner $195,000 Unknown
Previous Owner $35,000 Credit Line Revolving
Source: Public Records

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Source: Stellar MLS

MLS Number: A4645458

Stellar MLS

APN: 1722-0050-3