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2866 E RAINBOW CIR Sarasota, FL 34231

Open Sun 12PM-2:30PM
$649,000
2866 E RAINBOW CIR Sarasota, FL 34231
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FL > Sarasota > Sarasota-Venice Co Sub
Sarasota, FL 34231,2866 E RAINBOW CIR
Sarasota, FL 34231,2866 E RAINBOW CIR
Sarasota, FL 34231,2866 E RAINBOW CIR
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Isaac Loviglio

Isaac Loviglio

opentoclose@livingluxury.homes +1(941) 241-2581
$649,000
Est. payment /mo
4 Beds
3 Baths
2,010 SqFt
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OPEN HOUSE

Sun Aug 03, 12:00pm - 2:30pm

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 2,010 sqft

Price per Sqft $322

Subdivision Sarasota-Venice Co Sub

MLS Listing ID A4655606

Bedrooms 4

Full Baths 3

Construction Status Completed

HOA Y/N No

Year Built 1977

Annual Tax Amount $3,968

Lot Size 0.490 Acres

Acres 0.49

Lot Dimensions 221x103x110x13x111x91

Property Sub-Type Single Family Residence

Source Stellar MLS

Property Description

**SPACIOUS SERENITY IN THE HEART OF SARASOTA!** This ENCHANTING .49-ACRE PROPERTY is a RARE investment opportunity where lots of this size in Sarasota — let alone at the END OF A DEAD-END STREET -- are scarce—making it PERFECT PROPERTY FOR SAVVY INVESTORS! Excitingly, the SELLERS ARE CURRENTLY MAKING REPAIRS to IMPROVE and MAINTAIN the quality of the home, including RELINING THE PIPES, ensuring that the property remains in TOP CONDITION for its new owners! Imagine the potential, whether you're looking to GENERATE INCOME, CULTIVATE an ACTIVE URBAN FARM, or BASK in your own TRANQUIL PRIVATE OASIS!
This EXCEPTIONAL 4-BEDROOM, 3-BATH property features a MAIN HOUSE with an ATTACHED 2-CAR GARAGE, PLUS an INCOME-PRODUCING GUEST HOUSE—ideal for creating a lucrative investment! Located just 10 MINUTES from CONVENIENCE STORES, GROCERY STORES, SHOPPING, and the WORLD-FAMOUS SIESTA KEY BEACH, this property is in a PRIME LOCATION that draws steady interest from renters and buyers alike. Step inside the LOVELY MAIN HOME, with 3 BEDROOMS and 2 BATHROOMS, highlighted by a NEW 2025 ROOF and a FRESHLY PAINTED EXTERIOR. Discover a THOUGHTFULLY DESIGNED OPEN FLOOR PLAN centered around an INVITING EAT-IN KITCHEN featuring STUNNING QUARTZ COUNTERTOPS and NEW SMART SAMSUNG APPLIANCES—all controllable from an app on your phone and with warranties for your peace of mind! The touchless exhaust fan and spacious LIVING ROOM flow seamlessly into a GREAT ROOM with a WOOD BURNING FIREPLACE, providing access to a BEAUTIFUL SCREENED-IN PORCH through pocketing sliding doors. The PRIMARY BEDROOM offers a SWEET RETREAT with pocketing sliders leading to the screened-in porch, a NEWLY TILED EN-SUITE BATH with a STANDING SHOWER, and a GENEROUS WALK-IN CLOSET! The second and third bedrooms are equally spacious; one features a walk-in closet and the other boasts its own PRIVATE EXTERIOR ENTRANCE. Plus, the FUNCTIONAL LAUNDRY ROOM INCLUDES A WASHER, DRYER, and AMPLE BUILT-IN STORAGE for all your organizational needs. The VERSATILE 2-CAR GARAGE has a DOOR leading to the main yard and a WINDOW — giving you the ability to add a window unit and air conditions the garage. The DETACHED GUEST HOUSE serves as a fabulous fourth bedroom and third bathroom, boasting a TRACK RECORD OF RENTING FOR $1400/MONTH! This income stream allows you to GENERATE REVENUE from the comfort of home, complete with a SPACIOUS COVERED PATIO that doubles as a CARPORT, wardrobe, portable washing machine, full-size refrigerator, kitchenette, and an OVERSIZED BATHROOM filled with NATURAL LIGHT. Have a TENANT in a separate structure — not a roommate. NATURE LOVERS will be THRILLED, as this property—previously an URBAN FARM—thrives with NATIVE PLANTS GROWN WITHOUT PESTICIDES and boasts MATURE LANDSCAPING, including MAGNIFICENT OAK TREES. Currently flourishing with FRESH VEGETABLES, FRUITS, and a BUSY HIVE of 250,000 BEES producing 42 POUNDS OF HONEY annually, this property is the VERY DEFINITION OF SUSTAINABLE LIVING! Whether you're EAGER to GENERATE INCOME, cultivate your own urban farm, or enhance it with a NEARLY UNLIMITED NUMBER OF OPTIONS, with AMPLE ROOM to ADD A POOL, an OUTDOOR KITCHEN, park your BOAT or RV, or whatever your DREAMS MAY HOLD, the options are vast in this non-HOA community. Don't miss this opportunity to invest in a property that marries SPACE with LOCATION—your DREAM INVESTMENT AWAITS!

Location

State FL

County Sarasota

Community Sarasota-Venice Co Sub

Area 34231 - Sarasota/Gulf Gate Branch

Zoning RSF3

Rooms

Other Rooms Den/Library/Office, Family Room

Interior

Interior Features Ceiling Fans(s), Eat-in Kitchen, Kitchen/Family Room Combo, Open Floorplan, Primary Bedroom Main Floor, Stone Counters, Thermostat, Walk-In Closet(s), Window Treatments

Heating Central, Electric

Cooling Central Air

Flooring Bamboo, Ceramic Tile, Tile

Fireplaces Type Family Room, Wood Burning

Furnishings Partially

Fireplace true

Appliance Built-In Oven, Convection Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Freezer, Gas Water Heater, Ice Maker, Microwave, Range, Range Hood, Refrigerator, Washer, Water Filtration System

Laundry Common Area, Electric Dryer Hookup, Inside, Laundry Room, Washer Hookup

Exterior

Exterior Feature Garden, Private Mailbox, Rain Barrel/Cistern(s), Rain Gutters, Sliding Doors

Parking Features Covered, Driveway, Garage Door Opener, Ground Level, Guest, Off Street, Open

Garage Spaces 2.0

Fence Other, Vinyl, Wire, Wood

Community Features None

Utilities Available BB/HS Internet Available, Cable Available, Cable Connected, Electricity Available, Electricity Connected, Fiber Optics, Phone Available, Public, Sewer Available, Sewer Connected, Water Available, Water Connected

View Garden

Roof Type Shingle

Porch Deck, Other, Porch, Rear Porch, Screened

Attached Garage true

Garage true

Private Pool No

Building

Lot Description Cul-De-Sac, Drainage Canal, Farm, In County, Irregular Lot, Near Public Transit, Oversized Lot, Pasture, Street Dead-End, Paved

Story 1

Entry Level One

Foundation Slab

Lot Size Range 1/4 to less than 1/2

Sewer Public Sewer

Water Public

Architectural Style Ranch

Structure Type Block,Stucco,Wood Siding

New Construction false

Construction Status Completed

Schools

Elementary Schools Wilkinson Elementary

Middle Schools Brookside Middle

High Schools Riverview High

Others

Pets Allowed Cats OK, Dogs OK, Yes

HOA Fee Include None

Senior Community No

Pet Size Extra Large (101+ Lbs.)

Ownership Fee Simple

Acceptable Financing Cash, Conventional, Owner Financing

Listing Terms Cash, Conventional, Owner Financing

Num of Pet 10+

Special Listing Condition None

Virtual Tour https://vimeo.com/1094904006


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Stellar MLS
© 2025 My Florida Regional MLS DBA Stellar MLS. All Rights Reserved.
Listed by MICHAEL SAUNDERS & COMPANY

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Isaac Loviglio

+1(941) 241-2581

Agent | License ID: SL3466395

Agent License ID: SL3466395

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2866 E RAINBOW CIR

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