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Accepting backups
  • $1,775,000

    1228 WAGON WHEEL DRIVE, SARASOTA, FL 34240

    4beds
    2,771sqft
    : 
    $10,709/mo
    Get pre-qualified
    Single Family Residence
    Built in 1991
    4.8 Acres Lot
    $1,750,100 Zestimate®
    $641/sqft
    $-- HOA

    What's special

    Under contract-accepting backup offers. Discover the Ultimate Sanctuary in Fox Creek II! Tucked away on a private drive, this breathtaking 5-acre estate—one of the last remaining in Sarasota where you can build your dream home—offers endless opportunities. Whether you’re looking for a private family compound, a horse lover’s paradise, a premier event venue, or the perfect place to run your business from home, this property has it all. Enclosed by lush trees and a solid perimeter wall, this magnificent estate is a true private oasis. Enjoy the oversized outdoor pool, explore the serene boating pond with its enchanting water feature, or let the little ones play in their own private playground. The entertainment hall, complete with a full kitchen, is the perfect space for unforgettable gatherings with family and friends. Currently an income-producing property, this estate has hosted private events, retreats, and gatherings, generating revenue as a sought-after venue. With endless possibilities, it can continue to serve as a profitable investment or be transformed into your dream residence. Enjoy the perfect blend of rural serenity and modern convenience. In just 5 minutes, you can access the interstate, opening a world of possibilities. The vibrant University Town Center (UTC) area—home to over 250 stores, top-tier restaurants, and entertainment venues—is only 12 minutes away. UTC also features Nathan Benderson Park, a world-class destination for outdoor recreation and international rowing events. Just 20 minutes away, Downtown Sarasota invites you to explore its rich arts scene, waterfront parks, and award-winning dining and only 30 minutes to the award winning Siesta Key Beach. This extraordinary 3-bedroom, 2-bathroom & space for optional 4th bedroom and 3rd bath with elevator estate isn’t just a home—it’s a private retreat where every day feels like a vacation. Whether you choose to enjoy its existing beauty, create the ultimate family compound, horse property, host spectacular events, or design and build your dream residence, the possibilities are truly endless. Don’t miss this rare opportunity—schedule your private showing today!
    59 days
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    168
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    2
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    Zillow last checked:

    Listing updated:

    Listed by:

    Katie Cobb 913-744-0248,

    PREFERRED SHORE LLC 941-999-1179,

    Tara Miller, PLLC 941-373-5363,

    PREFERRED SHORE LLC

    Source: Stellar MLS,MLS#: A4698390MLS LogoOriginating MLS: Sarasota - Manatee

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 4
      • Full bathrooms: 4
      Primary bedroom
      • Features: Walk-In Closet(s)
      • Level: First
      Kitchen
      • Level: First
      Living room
      • Level: First
      Heating
      • Electric
      Cooling
      • Central Air
      Appliances
      • Included: Dishwasher
      • Laundry: Laundry Room
      Features
      • Ceiling Fan(s)
      • Flooring: Carpet, Hardwood
      • Has fireplace: No
      Interior area
      • Total structure area: 3,198
      • Total interior livable area: 2,771 sqft

      Property

      Parking
      • Total spaces: 2
      • Parking features: Garage - Attached
      • Attached garage spaces: 2
      Features
      • Levels: One
      • Stories: 1
      • Exterior features: Lighting
      Lot
      • Size: 4.8 Acres
      Details
      • Parcel number: 0212030001
      • Zoning: OUE
      • Special conditions: None

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • Block
      • Foundation: Slab
      • Roof: Shingle
      Condition
      • New construction: No
      • Year built: 1991

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Electricity Available, Electricity Connected

      Community & HOA

      Community
      • Pet fee: $0 monthly
      • Subdivision: FOX CREEK ACRES
      HOA
      • Has HOA: No
      Location
      • Region: Sarasota

      Financial & listing details

      • Price per square foot: $641/sqft
      • Tax assessed value: $1,160,700
      • Annual tax amount: $14,817
      • Date on market: 6/28/2026
      • Listing terms: Cash,Conventional,FHA,VA Loan
      • Ownership: Fee Simple
      • Total actual rent: 0
      • Electric utility on property: Yes
      • Road surface type: Gravel, Paved

        Estimated market value

        $1,750,100

        $1.66M - $1.84M

        $6,362/mo

        Price history

        DateEventPrice
        8/13/2026Pending sale$1,775,000$641/sqft
        Source: Douglas Elliman #A4698390 Report a problem
        8/11/2026Listed for sale$1,775,000$641/sqft
        Source: Stellar MLS #A4698390 Report a problem
        7/8/2026Contingent$1,775,000$641/sqft
        Source: Stellar MLS #A4698390 Report a problem
        6/28/2026Pending sale$1,775,000$641/sqft
        Source: Stellar MLS #A4698390 Report a problem
        2/23/2026Listing removed$1,775,000$641/sqft
        Source: Stellar MLS #A4640097 Report a problem
        9/22/2025Price change$1,775,000-11.3%$641/sqft
        Source: Stellar MLS #A4640097 Report a problem
        2/13/2025Listed for sale$2,000,000$722/sqft
        Source: Stellar MLS #A4640097 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$14,817 +130.3%$1,160,700 +147.4%
        2024$6,434 +4.5%$469,236 +3%
        2023$6,155 +3.6%$455,569 +3%
        2022$5,940 +4.8%$442,300 +3%
        2021$5,669 -0.2%$429,417 +1.4%
        2020$5,682 +3.2%$423,488 +2.3%
        2019$5,505 $413,967 +1.9%
        2018$5,505 +2.1%$406,248 +22.7%
        2017$5,390 +18.3%$331,068 -45.5%
        2016$4,554 $607,400 +11.8%
        2015$4,554 $543,200 +73%
        2014$4,554 +0.3%$314,019
        2013$4,539 +2.5%$314,019 +1.7%
        2012$4,428 +4.7%$308,770 +3%
        2011$4,231 -2.3%$299,777 +1.5%
        2010$4,330 +8.1%$295,347 +2.7%
        2009$4,006 $287,582 +0.1%
        2008$4,006 -1%$287,295 +3.2%
        2007$4,046 +3.3%$278,345 +18.9%
        2001$3,917 +3.5%$234,153 +3%
        2000$3,785 $227,333
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: Fruitville

        Getting around

        6 / 100
        Car-Dependent
        16 / 100
        Minimal Transit
        26 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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