2 months on rocket

5868 Palmer Ranch Pkwy, Sarasota, FL, 34238

$1,380,000

Home List Price

$10,000*

Closing Credit

4 Bedrooms
3 Full Baths, 1 Partial
4,108 SqFt
$336/SqFt
House
Schools Nearby

Location

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5868 Palmer Ranch Pkwy, Sarasota$1,380,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Attached Garage2 spaces
Year Built2014
HeatingCentral
CoolingCentral Air
WaterfrontLake Front
ViewPool, Trees/Woods, Water
Private PoolYes
MLS #N6130861
Lot Size0.27 Acres
StatusActive

About 5868 Palmer Ranch Pkwy

Welcome home to the stunning Rockford III model featuring 4100 sq ft of living space with 4BR, 3.5BA plus an office/den, media room situated on an oversized gorgeous landscaped lot with a beautiful serene lake located in the most sought after family friendly community of Arbor Lakes on Palmer Ranch. Once you enter the home you will be greeted by soaring ceilings, a beautiful wrought-iron staircase, an abundance of natural light and tile plank flooring that draw your eyes out to the refreshing and spacious custom built 14x34 salt-water pebble tec pool with a relaxing six jet therapy spa. The pool area was upgraded w/ an extended paver lanai perfect for watching gorgeous sunsets, 2 relaxing water bowl features, outdoor kitchen w/ a grill, refrigerator and high density cabinets that are durable and water resistant. The upgraded pool cage has no chair rail to enhance your beautiful lake views, fine mesh for sun and mosquito protection and is surrounded by tropical green hedges to create the perfect amount of outdoor privacy. The home has also been equipped in 2022 w/ a Kohler’s natural gas generator that powers the whole house for extra peace of mind during the storm season. The breathtaking gourmet chef’s kitchen is the centerpiece of this home boasting an oversized high quality quartz island upgraded in 2022, new kitchen backsplash in 2022, new LG refrigerator in 2023, stainless steel appliances, gas cooking range w/ hood, double ovens, beautiful hardwood cabinetry and a spacious eat-in breakfast area. Just off the kitchen is your very own butler’s pantry, formal dining room with custom wainscoting and an office/den with classic french doors and new LVP flooring in 2022. The luxurious first floor primary suite has 3 beautiful windows overlooking the refreshing pool, an oversized closet with custom built shelving, spacious walk-in shower and large double vanities. As you walk up the beautiful hardwood wrought-iron staircase to the second level you will find an oversized loft used as a playroom that is complete w/ a wet bar, beverage refrigerator and cabinets to store endless amounts of board games. Just off the loft is a large media room w/ an oversized screen, surround sound and projector that allows you to relax and unwind to your favorite movies. The second level includes 3 additional bedrooms with 2 full baths with one featuring an en-suite bathroom and oversized closet for storage. The home features continue w/ new exterior painting in 2024, interior painting in 2023, new garage epoxy floors, new off floor garage and bike storage, upgraded sprinkler system, professional landscaping, new wrought iron fence with gate installed in 2020, upgraded alarm system, upgraded LED lights, Taexx pest control system in walls, whole house water filtration, upgraded fixtures and ceiling fans, custom Hunter Douglas curtain systems, updated half bathroom w/ a new vanity and high quality quartz in 2022 and upgraded coffered ceilings in the great room. Arbor Lakes is gated at one of the two entrances and is located in the top rated school districts w/ only 15 minutes to Pine View School for the gifted, low HOA and no CDD fees and is conveniently located to downtown, shopping, restaurants and is 15 minutes to the world famous white sandy beaches of Siesta Key. The fun-filled community includes a pirate playground, resort style pool, spa, splash park, volleyball, basketball, dog park, designated fishing areas and a gas fire pit for hours of endless fun.

Property Details

Property Features

Property Information:

  • Architectural Style: Craftsman
  • Year Built: 2014
  • Living Area: 4,108 SqFt

Listing Office:

  • Office Name: RE/MAX ALLIANCE GROUP
  • Office Phone: (941) 954-5454
  • Listing Agent: Erica Giesler

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator
  • Flooring Type: Carpet, Tile
  • Interior: Ceiling Fans(s), Coffered Ceiling(s), Crown Molding, Eat-in Kitchen, High Ceilings, In Wall Pest System, Kitchen/Family Room Combo, Open Floorplan, Primary Bedroom Main Floor, Solid Wood Cabinets, Split Bedroom, Tray Ceiling(s), Walk-In Closet(s), Window Treatments

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 3
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • Waterfront: Lake Front
  • View: Pool, Trees/Woods, Water
  • Exterior: Hurricane Shutters, Irrigation System, Lighting, Outdoor Grill, Outdoor Kitchen, Rain Gutters, Sidewalk, Sliding Doors, Storage

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes

Virtual/3D Tour

  • Virtual Tour: 5868 Palmer Ranch Pkwy

Virtual Tour

Lot Features

Lot Information:

  • Lot: Landscaped, Oversized Lot, Sidewalk, Paved
  • Lot Size: 0.27 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Riverview High School, Public Magnet Grades 9-12
  • Sarasota Middle School, Public District Grades 6-8
  • Ashton Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: Head South on I-75 and take exit 205 Clark Rd. Head West on Clark Rd and turn left onto Honore Ave. Head 2 miles South and turn left onto Palmer Ranch Pkwy. Home will be on the left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,380,000
  • Price Per SqFt: $336/SqFt

HOA Fees:

  • Amount: $548
  • Frequency: Quarterly

Tax Information:

  • Annual Amount: $6,062
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Sarasota, FL.

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Sarasota, FL

City

Med. Sold Price

$519K

Med. Price/SqFt

$306

Avg. Days On Market

56

# of Sold Homes

593

5868 Palmer Ranch Pkwy vs Sarasota

71 DAYS ON ROCKET

+15 Days

$1,380,000

+$860.9K More

$336/SqFt

+$29 More

KEY TAKEAWAY

This property is $860.9K more than the Median Sold Price and $29/SqFt more than other homes in Sarasota, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MFRMLS
  • MLS Number: #N6130861

Listing Office:

  • Office Name: RE/MAX ALLIANCE GROUP
  • Office Phone: (941) 954-5454
  • Listing Agent: Erica Giesler

IDX Listings courtesy of Stellar MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX Copyright 2024 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

Note: Any Compensation information or listing brokers offer of compensation displayed is only applicable to other member participants of the source MLS.

Last updated on: 5/3/2024, 11:19:40 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Feb 23, 2017Home Sold
$585,000
Dec 29, 2014Home Sold
$526,447

Tax History

YEARPROP. TAXASSESSMENT
2020$6,062$475,344
2019$5,871$464,657
2018$4,974$393,677
2017$6,054$436,800

History based on county public records data.

Payment Calculator

$7,137

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,204

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-5288239
10
/10

  • Ashton Elementary School

  • 5110 Ashton Rd

  • 2.11 miles

  • Public District Grades PK-5

Middle School

school-card-donut-5288240
8
/10

  • Sarasota Middle School

  • 4826 Ashton Rd

  • 1.98 miles

  • Public District Grades 6-8

High School

school-card-donut-5288241
6
/10

  • Riverview High School

  • 1 Ram Way

  • 4.57 miles

  • Public Magnet Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $53,646. The most common annual income of people living in Sarasota, FL is between $35k-100k. Typical family type is single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5868 Palmer Ranch Pkwy

What is the listing price of this property?

The listing price of 5868 Palmer Ranch Pkwy property is $1,380,000.

What type of property is this?

The property 5868 Palmer Ranch Pkwy is a house located in Sarasota, Florida, 34238.

Is this property for sale now?

Active Listing: 5868 Palmer Ranch Pkwy is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 5868 Palmer Ranch Pkwy are:
Ashton Elementary School: GreatSchools Rating 10/10
Sarasota Middle School: GreatSchools Rating 8/10
Riverview High School: GreatSchools Rating 6/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $6,062 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on February 23, 2017 for $585,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 5868 Palmer Ranch Pkwy has 4 bedrooms and 3 full and 1 half bathrooms.

What is the square footage of this property?

The property 5868 Palmer Ranch Pkwy is 4,108 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5868 Palmer Ranch Pkwy is 2014.

Rocket Homes›Florida›Sarasota County›Sarasota›34238›5868 Palmer Ranch Pkwy

This home is located at 5868 Palmer Ranch Pkwy in Sarasota, FL and zip code 34238 in the Arbor Lakes neighborhood. This 4,108 square foot home, which was built in 2014, sits on a 0.27 acre lot. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since February 22, 2024 and is currently priced at $1,380,000.

While more than 41 listings in Sarasota, FL in April 2024 were sold above asking price, there were more than 90 listings sold at asking price, and more than 462 were sold below. In April 2024 in Sarasota, FL there were 1.8% less homes for sale than in March 2024. The median list price of listings available in April 2024 was $519,031, while the average time on the real estate market was 56 days.

From Rocket Homes Real Estate and based on county public records data.

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