Property

SARASOTA, FL 34231 2866 E RAINBOW CIRCLE

OPEN HOUSE Sun, Aug 03 2025 12:00 PM - 02:30 PM
2866 E RAINBOW CIRCLE SARASOTA, FL - Image 12866 E RAINBOW CIRCLE SARASOTA, FL - Image 22866 E RAINBOW CIRCLE SARASOTA, FL - Image 3
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Presented By: MICHAEL SAUNDERS & COMPANY with 941-951-6660. - 941-951-6660
  • MLS# A4655606
  • 06/18/2025
  • Request Tour
  • Request Info
  • Beds • 4
  • Baths • 3
  • SQFT • 2,010
  • Garage • 2

Home Details

**SPACIOUS SERENITY IN THE HEART OF SARASOTA!** This ENCHANTING .49-ACRE PROPERTY is a RARE investment opportunity where lots of this size in Sarasota — let alone at the END OF A DEAD-END STREET -- are scarce—making it PERFECT PROPERTY FOR SAVVY INVESTORS! Excitingly, the SELLERS ARE CURRENTLY MAKING REPAIRS to IMPROVE and MAINTAIN the quality of the home, including RELINING THE PIPES, ensuring that the property remains in TOP CONDITION for its new owners! Imagine the potential, whether you're looking to GENERATE INCOME, CULTIVATE an ACTIVE URBAN FARM, or BASK in your own TRANQUIL PRIVATE OASIS! 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!
Presented By: MICHAEL SAUNDERS & COMPANY with 941-951-6660. - 941-951-6660

Interior Features for 2866 E RAINBOW CIRCLE

Bedrooms

Total Bedrooms4

Bathrooms

Half Baths0
Total Baths3

Other Interior Features

LivingAreaSourceowner
Air Conditioning Y/NYes
Fireplace Featuresfamily room, wood burning
Fireplace Y/NYes
Flooringbamboo, ceramic tile, tile
Furnished Y/Npartially
Heating Y/NYes
Interior Amenitiesceiling fan(s), eating space in kitchen, kitchen/family room combo, open floorplan, primary bedroom main floor, stone counters, thermostat, walk-in closet(s), window treatments
Laundry Featurescommon area, electric dryer hookup, inside, laundry room, washer hookup
Total Stories1
Window Featuresaluminum frames, drapes, energy star qualified windows, storm window(s), window treatments

General for 2866 E RAINBOW CIRCLE

Additional Parcels Y/NNo
Additional Roomsden/library/office, family room
Appliancesbuilt-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 sy
Architectural Styleranch
Association Fee Includesnone
Attached Garage Yes
Building Area Unitssquare feet
Carport Y/NNo
Citysarasota
Community Featuresnone
Construction Materialsblock, stucco, wood siding
Coolingcentral air
Countysarasota
Current Usepoultry, other
Directionswest on bee ridge, left/south on worcester road, right on maiden lane, left/south on east rainbow circle. home is at the end of the cul-de-sac.
Elementary Schoolwilkinson elementary
Facing Directionnorth
Flood Zone Codex
Flood Zone Code XY
Full Baths3
Garage Spaces2
Garage Y/NYes
HOANo
Heatingcentral, electric
High Schoolriverview high
Home Warranty Y/NNo
ILS Total SQFT312
ILS Under Air SQFT552
Land Lease Y/NNo
Lease Considered Y/NYes
Legal Descriptioncom at pt 25 ft s of nw cor of e 330 ft of lot 7 blk 2 th s 643.06 ft th e 110 ft to pob th n 90.56 ft th e 110 ft th n 12.5 ft th e 110 ft th s 103.06 ft th w 220 ft to pob being part of
Levelsone
Listing Termscash, conventional, owner may carry
Living Area Unitssquare feet
Lot Size Square Feet21387
Lot Size Unitssquare feet
MLS Area34231 - sarasota/gulf gate branch
Middle/Junior High Schoolbrookside middle
Minimum Lease1 month
ModificationTimestamp2025-07-31t16:11:38.610z
New ConstructionNo
Occupancy Typevacant
Other Structuresguest house
Ownershipfee simple
Patio/Porch Featuresdeck, other, porch, rear porch, screened
Pet Size Limitextra large (101+ lbs.)
Pets Allowedcats ok, dogs ok, yes
Possessionnegotiable
Property Attached Y/NNo
Property Conditioncompleted
Property Subtypesingle family residence
Property Typeresidential
Roofshingle
STELLAR_InLawSuiteDescrip1 bathroom, detached (adu), kitchenette, private entrance, studio
STELLAR_InLawSuiteYNYes
Security Featuressecurity lights, smoke detector(s)
Senior Community Y/NNo
Sewerpublic sewer
Standard Statusactive
Statusactive
Subdivision Namesarasota-venice co sub
Tax Annual Amount3968.88
Tax Lot7
Tax Year2024
Total Rooms8
Utilitiesbb/hs internet available, cable available, cable connected, electricity available, electricity connected, fiber optics, phone available, public, sewer available, sewer connected, water available, water connecte
Viewgarden
Virtual TourClick here
Water Access Y/NNo
Water View Y/NNo
Year Built1977
Zoningrsf3

Exterior for 2866 E RAINBOW CIRCLE

Building Area Total3258
Covered Spaces2
Exterior Amenitiesgarden, private mailbox, rain barrel/cistern(s), rain gutters, sliding doors
Fencingother, vinyl, wire, wood
Foundation Detailsslab
Lot Dimensions221 x 103 x 110 x 13 x 111 x 91
Lot Featurescul-de-sac, drainage canal, farm, in county, irregular lot, near public transit, oversized lot, pasture, street dead-end
Lot Size Acres0.49
Lot Size Area21387
Parking Featurescovered, driveway, garage door opener, ground level, guest, off street, open
Private PoolNo
Road Frontage Typestreet dead-end, street paved
Road Responsibilitypublic maintained road
Road Surface Typepaved
SpaNo
Vegetationfruit trees, mature landscaping, oak trees, trees/landscaped
Water Sourcepublic
Waterfront Y/NNo

Additional Details

Price History

Schools

High School Riverview High
Middle School Brookside Middle
Elementary School Wilkinson Elementary

Desiree Carlson

REALTOR®
Price $649,000
MLS#A4655606
List Date 06/18/2025
Property Type Single Family
Phone 541.743.1985
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