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$2,200,000

Beds
6
Baths
5.5
sq ft
4,120

1240 Fox Creek Dr, Sarasota, FL 34240

1240 Fox Creek Dr

SARASOTA, FL 34240

  • 3 days on market
    • Open house Apr 06
Experience the ultimate in privacy and luxury on 8.25 acres of breathtaking land in the sought after community of Fox Creek, Sarasota. This stunning estate features a 3-bedroom, 3.5-bathroom (2,716 sq.ft.) main home with an office, and 2-car garage. Plus a private 3-bedroom, 2-bath (1,404 sq.ft.) guest house with an office and carport, overlooking a tranquil pond. Surrounded by majestic grand oaks and towering palms, this property offers a gated entry, resort-style pool, expansive outdoor entertaining space, and stunning nature views. Meticulously renovated in 2015 and 2016 by an award-winning interior designer and professional contractor, the main house showcases hurricane-impact windows and doors, elevated ceilings, and an open, spacious floor plan. The gourmet chef’s kitchen is a showstopper, featuring unique terrazzo countertops with sea glass, solid wood cabinetry, a farmhouse sink, and Monogram stainless steel appliances, including a gas range with a custom hood. Monarch European Oak flooring flows throughout the home, complementing the gas burning fireplace and interior solid-core doors. The large master suite includes an expansive walk-in closet with built-ins and an adjacent office with powder bath and access to the pool. Designed for entertaining, the outdoor living area is complete with a rotisserie stove, icemaker, mini fridge, bar, and TV, all overlooking the updated heated pool with a pebble tech finish, sun shelf and paver deck. Additional features include a whole-house propane generator, 2016 AC’s, 2019 roof, tankless water heater, 500-gallon buried gas tank, Sonos outdoor sound system, irrigation and a whole-house security system. The private guest house, updated in 2021, offers impact glass windows and doors, security system, upgraded kitchen and baths with granite countertops and stainless steel appliances, wood plank tile floors, recessed lighting, a glass backsplash, and a screened-in front porch with serene nature views. This exceptional estate offers unparalleled privacy and luxury, with OUE zoning, horse's and farm animals allowed, and a low-key HOA of just $300 a year, minutes from Sarasota’s best beaches, UTC shopping and dining, Publix, Waterside and top-rated schools. Don’t miss this rare opportunity—schedule your private showing today!

Details

Property type

Single Family Residence

Est. home value

$1,420,261

Lot size

8.25 acres

Price per sq ft

$534

Year built

1973

Annual property taxes

$6,861

Monthly HOA fee

$25

Price History

03/27/2025
StellarMLS

StellarMLS #A4645909

Listed
$2,200,000
+276.71%
06/02/2014
StellarMLS

StellarMLS #A3996785

Sold
$584,000

Schools & Community

Elementary school: 

Tatum Ridge Elementary

Middle school: 

McIntosh Middle

High school: 

Booker High

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Insignia Bank

Loan start date

August 2015

Original loan amount

$300,000

Est. remaining balance

Not provided

Interest rate

2.99%

Loan type

Credit Line (Revolving)

Seller

John V Cannon Iii and Brenda K Cannon

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 03/30/2025 at 12:20 PM

Listing updated: 03/28/2025 at 6:51 AM

Listed by: Roni-Marie Gold, PA, COLDWELL BANKER REALTY Phone #: (941) 388-3966

MLS: StellarMLS #A4645909

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