2866 E RAINBOW CIR Sarasota, FL 34231
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
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
