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Off market
  • $1,204,700

    7368 Palomino Ln, Sarasota, FL 34241

    5beds
    3,203sqft
    SingleFamily
    Built in 1986
    5.81 Acres Lot
    $1,204,700 Zestimate®
    $376/sqft
    $4,921 Estimated rent

    Home value

    $1,204,700

    $1.07M - $1.35M

    $4,921/mo

    Zestimate® history
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    $7,788/mo

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    What's special

    MOTIVATED SELLER! Enjoy Country living at this Fabulous Saddle Creek Estate perfect for nature lovers looking for a beautiful and very private home. The 5+ acres are fenced and cross fenced with the home nestled among gorgeous trees overlooking an expansive pool and deck area ideal for entertaining or your own peaceful retreat. A private pond frames the front of the home and the open floor plan connects the 5 bedrooms and 3 baths to a chefs kitchen featuring granite counters and breakfast bar. The kitchen is the heart of the home and opens to a large family room with a vaulted beamed ceiling and gas fireplace for family gatherings. The separate Living room and dining room feature wood floors and offer lovely outdoor views through french doors opening to the pool and covered patio. A standout feature of this property is a detached 80 x 40 RV Garage/barn/workshop providing endless opportunities for fun - House multiple vehicles and toys, park the RV, convert some of the space for additional stables, or tinker in your dream workshop. The amazing space also boasts overhead storage and a shop bathroom, a built out man cave or apartment on the back side and a horse stall facing the pastures. This very special and private residence is country living at its BEST just waiting for you to come home. Saddle Creek is a hidden treasure with access to over 28 miles of riding trails yet just 5 minutes to Publix and approx.30 mins to the World Famous Siesta Key Beach. Exceptional Value in an Idyllic and Peaceful setting.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Other
    Cooling
    • Central
    Appliances
    • Included: Dryer, Microwave, Refrigerator, Washer
    • Laundry: Laundry Room
    Features
    • Cathedral Ceiling(s), Ceiling Fans(s), High Ceiling(s), Split Bedroom, Vaulted Ceiling(s), Crown Molding, Walk-In Closet(s), Open Floorplan, Solid Wood Cabinets, Kitchen/Family Room Combo, Stone Counters
    • Flooring: Tile, Carpet, Hardwood
    • Windows: Window Treatments, Blinds
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 3,203 sqft

    Property

    Parking
    • Parking features: Garage - Attached, Garage - Detached
    Features
    • Patio & porch: Covered, Deck, Enclosed
    • Pool features: In Ground
    • Has spa: Yes
    • Spa features: In Ground
    • Has view: Yes
    • View description: Water
    • Has water view: Yes
    • Water view: Water
    • Waterfront features: Pond
    Lot
    • Size: 5.81 Acres
    • Residential vegetation: Mature Landscaping, Trees/Landscaped
    Details
    • Additional structures: Workshop, Stable(s), Finished RV Port
    • Parcel number: 0278010110
    • Zoning: OUE

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Ranch
    Materials
    • masonry
    • Foundation: Concrete
    • Roof: Asphalt
    Condition
    • Completed
    • Year built: 1986

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: Well
    • Utilities for property: Cable Available, Electricity Connected

    Community & HOA

    Community
    • Security: Smoke Detector(s)
    HOA
    • Has HOA: Yes
    • HOA fee: $50 monthly
    Location
    • Region: Sarasota

    Financial & listing details

    • Price per square foot: $376/sqft
    • Tax assessed value: $802,800
    • Annual tax amount: $7,782

    Price history

    DateEventPrice
    10/4/2018Sold$650,000-3.7%$203/sqft
    Source: Public Record Report a problem
    8/14/2018Pending sale$674,900$211/sqft
    Source: RE/MAX PLATINUM REALTY #A4400430 Report a problem
    7/23/2018Price change$674,900-1.1%$211/sqft
    Source: RE/MAX PLATINUM REALTY #A4400430 Report a problem
    6/16/2018Price change$682,500-1.1%$213/sqft
    Source: RE/MAX PLATINUM REALTY #A4400430 Report a problem
    4/14/2018Price change$689,900-0.7%$215/sqft
    Source: RE/MAX PLATINUM REALTY #A4400430 Report a problem
    3/17/2018Price change$695,000-0.7%$217/sqft
    Source: RE/MAX ALLIANCE GROUP #A4208865 Report a problem
    2/6/2018Listed for sale$700,000+115.4%$219/sqft
    Source: RE/MAX ALLIANCE GROUP #A4208865 Report a problem
    10/5/2010Sold$325,000-10.5%$101/sqft
    Source: Public Record Report a problem
    11/10/1999Sold$363,000$113/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$7,782 +3.6%$625,850 +2.9%
    2024$7,515 +3.5%$608,212 +3%
    2023$7,257 +2.3%$590,497 +3%
    2022$7,093 +1.7%$573,298 +3%
    2021$6,978 -1.1%$556,600 +7.7%
    2020$7,059 -5.8%$516,800 -7.2%
    2019$7,493 $556,700 +9.5%
    2018$7,493 +8.9%$508,600 +4.3%
    2017$6,884 +6.5%$487,500 +7.9%
    2016$6,466 -0.1%$451,600 +2.8%
    2015$6,472 +6%$439,300 +15.6%
    2014$6,104 +5.5%$380,000
    2013$5,784 +4.1%$380,000 +3.5%
    2012$5,558 +0.1%$367,200 -1.6%
    2011$5,550 -30.8%$373,100 -32.6%
    2010$8,021 +9.7%$553,718 +2.7%
    2009$7,311 $539,161 +0.1%
    2008$7,311 +0.3%$538,622 +3%
    2007$7,290 +50.8%$522,934 +67.3%
    2002$4,833 +7.1%$312,623 +1.6%
    2001$4,512 0%$307,700 +0.8%
    2000$4,513 $305,200
    Find assessor info on the county website

    Neighborhood: Saddle Creek

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Lakeview Elementary
    • Middle: Sarasota Middle
    • High: Riverview High

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $1,204,700
    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
    $1,204,700