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1330 N Lockwood Ridge Rd Sarasota, Florida 34237 MLS# MFRA4638834
Extraordinary Hidden Oasis tucked away on ¾ of an Acre of meticulously landscaped grounds located less than 3 miles to downtown Sarasota. Seller motivated so Listed $300,000 below December 2024 Zillow Estimate. This Private Gated Compound has a stunning 2,001 sf 3 bedroom, 2.5 Bath mid Century home as well as a modern 440 sf guesthouse with vaulted ceilings and 1 bed 1 bath currently being used as an artist’s studio. The property is a great generational home and is located in the City, without any deed restrictions so would make a highly profitable Air B&B investment with weekly rentals are allowed and the RMF-1 Zoning allows up to 4 separate dwellings with full kitchens so 2 more units can be easily be added to maximize return. The main home has a bright, open floor plan with 18” travertine floors and a separate family and living room with vaulted ceilings with wall of glass that looks out to a monolithic Stone fountain and sculptures and palm tree lined garden beyond which has numerous seating areas scattered property to congregate. Low maintenance, Xeriscape grounds with exotic specimen trees, dramatic out door lighting and extensive pavers abound as well as an outdoor gazebo for entertaining smaller groups. The kitchen boasts sleek, modern cabinets, built in ovens and ceramic cooktop and countertop eating space while 2 additioanal inside dining spaces including a formal dining room located adjacent to the kitchen. Seller has recently invested over $100,000 in updates and improvements including, new kitchen appliances & washer/dryer, new AC air purification system with complete duct replacement, new halo water purification system, new hot water circulation system, new 200 Amp electrical panel, new interior paint, new roller shades throughout home and extensive plantings & outdoor lighting & new electric gate and well pump & lift station. If you’re looking for a great West of Trail home, but have been priced out of the market this property is the perfect alternative.
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Reduced By $200,000