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2400 Lorraine Rd 9.93 Acres of Residential Land Offered at $7,242,768 CAD in Sarasota, FL 34240
Investment Highlights
- Extensively renovated from the ground up in 2022
- Private open setting with room to customize
- Multi residence estate with income producing potential
Executive Summary
Endless Opportunities | Prime 10± Acre Estate in South Lakewood Ranch Area
Sarasota, FL
Executive Summary
Rare opportunity to acquire 10± acres of prime real estate in the South Lakewood Ranch area, offering exceptional flexibility with OUR (Open Use Rural) zoning.
This multi-structure property includes a 3,400 sq ft main residence, a 1,600 sq ft barn with flexible use potential, and a 700 sq ft 1 bed / 1 bath secondary residence, allowing for multiple living, rental, or operational configurations.
Equestrian-ready with a 10-stall barn and 6+ cleared acres, the property is well-suited for horse operations, agricultural use, or a private compound. The existing infrastructure supports a variety of potential uses including residential estate, income-producing property, or live/work environment.
With no HOA and minimal restrictions, this offering presents endless opportunities in one of Sarasota’s most desirable and rapidly growing areas.
Convenient access to Lakewood Ranch, I-75, and Gulf Coast beaches while maintaining privacy and space.
Sarasota, FL
Executive Summary
Rare opportunity to acquire 10± acres of prime real estate in the South Lakewood Ranch area, offering exceptional flexibility with OUR (Open Use Rural) zoning.
This multi-structure property includes a 3,400 sq ft main residence, a 1,600 sq ft barn with flexible use potential, and a 700 sq ft 1 bed / 1 bath secondary residence, allowing for multiple living, rental, or operational configurations.
Equestrian-ready with a 10-stall barn and 6+ cleared acres, the property is well-suited for horse operations, agricultural use, or a private compound. The existing infrastructure supports a variety of potential uses including residential estate, income-producing property, or live/work environment.
With no HOA and minimal restrictions, this offering presents endless opportunities in one of Sarasota’s most desirable and rapidly growing areas.
Convenient access to Lakewood Ranch, I-75, and Gulf Coast beaches while maintaining privacy and space.
Property Facts
| Price | $7,242,768 CAD | Property Subtype | Residential |
| Sale Type | Investment | Total Lot Size | 9.93 AC |
| No. Lots | 1 | No. Stories | 1 |
| Property Type | Land | ||
| Zoning | OUR - OPEN USE RURAL - OUR | ||
| Price | $7,242,768 CAD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Total Lot Size | 9.93 AC |
| No. Stories | 1 |
| Zoning | OUR - OPEN USE RURAL - OUR |
1 Lot Available
Lot
| Price | $7,242,768 CAD | Lot Size | 9.93 AC |
| Price Per AC | $729,309.05 CAD |
| Price | $7,242,768 CAD |
| Price Per AC | $729,309.05 CAD |
| Lot Size | 9.93 AC |
10± acre parcel featuring multi residences + with close to 6 cleared acres and approximately 350 ft of frontage on Lorraine Rd, providing excellent access and visibility. Zoned OUR (Open Use Rural)
1 1
Not walkable
10/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 0206-12-0002 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $1,534,717 CAD |
Property Taxes
Parcel Number
0206-12-0002
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$1,534,717 CAD
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2400 Lorraine Rd
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