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Sold for $832,500
  • $832,500

    12757 Lateral Root Dr, Sarasota, FL 34238

    5beds
    3,651sqft
    SingleFamily
    Built in 2023
    8,624 Square Feet Lot
    $824,500 Zestimate®
    $228/sqft
    $4,612 Estimated rent

    Home value

    $824,500

    $750,000 - $907,000

    $4,612/mo

    Zestimate® history
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    $4,612/mo

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    $5,595/mo

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    $5,595/mo

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    What's special

    Resort-style poolUpdated faucetsStriking soldier-style backsplashHigh-end custom upgradesDesigner feature wallSpectacular viewsConvenient pot filler
    Stunning Juniper Model on Preserve Lot in the beautiful Promenade Estates Community on Palmer Ranch – Experience the perfect blend of modern luxury and natural serenity in this highly upgraded MI Homes Juniper model. Nestled on a premium preserve lot, this spacious open-concept home offers unmatched privacy and spectacular views—a true paradise for bird watchers and nature lovers. This isn't your standard builder home.  High-end custom upgrades include: a striking soldier-style backsplash with  convenient pot filler, and a massive center island perfect for entertaining. The great room being the heart of the home features a sleek electric fireplace, creating a contemporary focal point for cozy evenings. The Owner’s Retreat (First Floor): A true sanctuary featuring brand-new luxury vinyl flooring. The spa-like ensuite boasts a a stand-alone jetted soaker tub, a designer feature wall, huge walk in shower and updated faucets. The home also includes flexible Living: The first floor includes an additional room perfect for a home office or a 5th bedroom, plus a dedicated mudroom and utility space. The home offers more than enough space for everyone with over 3,650 sq. ft., this home is designed for versatility. Upstairs, you’ll find a large living area—ideal for a game room or theater—along with two full bathrooms and three additional bedrooms, each featuring its own walk-in closet.   Enjoy morning coffee on your lanai while watching local wildlife, as the home sits on a massive preserve.  Your lanai is already plumbed and ready for your dream outdoor kitchen with ample space for a pool. The home is hard-wired with a six-camera security system and features ceiling fans throughout for year-round comfort. A spacious 3-car garage  plus workshop area provides plenty of room for vehicles and gear. Located in a premier gated community, Promenade Estates on Palmer Ranch,  residents enjoy a resort-style pool, a fun splash area for kids, a playground, two dog parks, volleyball and basketball court, and a fully equipped gym.  Very low fees and NO CDD! On top of that, it is located in a highly-rated school district, including close proximity to the renowned Pine View School. Just a short walk to the Legacy Trail and minutes away from the world-class sands of Nokomis and Siesta Key beaches, shopping and dining! Owners are both licensed real estate agents in Florida. Some photos are virtually staged.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 4
    • Full bathrooms: 4
    Heating
    • Heat pump, Electric
    Cooling
    • Central
    Appliances
    • Included: Dishwasher, Dryer, Garbage disposal, Microwave, Range / Oven, Refrigerator, Washer
    • Laundry: Hookups
    Features
    • Flooring: Tile, Carpet, Laminate, Linoleum / Vinyl
    • Basement: None
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 3,651 sqft

    Property

    Parking
    • Total spaces: 3
    • Parking features: Garage - Attached
    Features
    • Exterior features: Stucco
    • Has view: Yes
    • View description: Territorial, Water
    • Has water view: Yes
    • Water view: Water
    Lot
    • Size: 8,624 Square Feet
    Details
    • Parcel number: 0139150217

    Construction

    Type & style
    • Home type: SingleFamily
    Materials
    • Wood
    • Foundation: Concrete
    • Roof: Asphalt
    Condition
    • Year built: 2023

    Community & HOA

    Community
    • Features: Fitness Center
    HOA
    • Has HOA: Yes
    • HOA fee: $268 monthly
    Location
    • Region: Sarasota

    Financial & listing details

    • Price per square foot: $228/sqft
    • Tax assessed value: $675,800
    • Annual tax amount: $8,677

    Price history

    DateEventPrice
    2/26/2026Sold$832,500-2.1%$228/sqft
    Source: Public Record Report a problem
    1/8/2026Pending sale$850,000$233/sqft
    Source: Owner Report a problem
    12/19/2025Listed for sale$850,000+12.6%$233/sqft
    Source: Owner Report a problem
    5/20/2023Listing removed--
    Source: Zillow Rentals Report a problem
    5/18/2023Listed for rent$4,950$1/sqft
    Source: Zillow Rentals Report a problem
    5/16/2023Sold$754,973$207/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$8,677 -1%$675,800 -0.9%
    2024$8,762 +458%$682,200 +411.8%
    2023$1,570 -16.2%$133,300 -15.6%
    2022$1,874 $157,900
    2021-- --
    Find assessor info on the county website

    Neighborhood: Palmer Ranch

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $824,500
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $824,500