tomo logo

$949,000

Beds
5
Baths
2.0
sq ft
2,928

4607 402nd St E, Myakka City, FL 34251

4607 402nd St E

MYAKKA CITY, FL 34251

  • 214 days on market
    • Price drop $50,000↓
HUGE PRICE IMPROVEMENT ON THIS AMAZING 6 PLUS ACRE ESTATE! Experience the perfect combination of luxury and country living at this 6.06-acre retreat, nestled behind a private gate and fully fenced, this stunning property is ideal for entertaining, family gatherings, and events. Enjoy the heated pool, roast marshmallows over the fire pit while listening to the waterfall, play tennis, pickle ball, basketball, ping pong, or fish in your stocked ponds, golf on your five-par pitch and putt course, sip cocktails at the Tiki Bar, or relax in the Jacuzzi—your very own resort awaits. This property also features a 64’x70’ COMMERCIAL BUILDING WITH 3 BAYS, one insulated and air-conditioned), 200AMP 3-PHASE ELECTRIC, with a total of six garage doors, one of which is 12 feet high and four 10’x20‘ portables one insulated. That’s 5,280 Square Feet of storage! Ideal for a home-based business, never pay for storage space again. Bring your animals, boats, golf cart, car collection, and RV there is room for all your toys. There are over $185,000.00 in upgrades and improvements since 2022. Welcome Home! As you enter through the front door into the foyer, you'll immediately notice the movie room with its impressive 10-foot ceilings. To your left, the living room features large windows, an 85-inch TV, an electric fireplace, and a dry bar. The updated kitchen boasts new cabinets, granite countertops, a counter bar, a pantry, and stainless-steel appliances, all opening to the large dining room that overlooks the back patio and pool area. The primary bedroom, located to your left, offers a walk-in closet, an ensuite bathroom with a whirlpool tub and a separate shower, views of the pool area, and direct access to the screened-in patio. The expansive screened-in patio is perfect for morning coffee, meals, or enjoying your favorite shows and sports. Additionally, there are three more bedrooms with generous sized closets and lovely views of the yard. Your gym is HOT YOGA ready, complete with a closet, making it a seamless transition into a fifth bedroom should you need one. As the sunsets take a stroll to the gazebo to feed the fish, sip a refreshing beverage, and listen to music as you watch the sun set and the night magic begin. With a lighted fountain, the up lighted grand oaks, illuminated putting greens, lighted waterfall, fire pit, tiki bar, and pool area, the evening ambience is truly magical. There is also an RV hookup and septic tank on the side of the warehouse. Kitchen updated in 2017. roof in 2020, exterior painted in 2022, 20KW Generator 2022, 11 zone sprinkler system with 38 industrial heads 2022 request a feature sheet for all the updates and features. Cultivate your own herbs/vegetables, raise chickens and livestock become totally self-sustaining and off the grid with your 20 KW automated gas generator and two wells. Always wanted a helicopter landing pad outside your front door this property holds that perfect spot for you. The possibilities are endless. No HOA Fees, only 15 minutes to Publix, restaurants, and great shopping and just 25 minutes from I-75. Make sure to watch the video tour of the property designed to show you the expansive grounds and amenities by day and give you a glimpse of the magical evening ambiance.

Details

Property type

Single Family Residence

Est. home value

$1,040,933

Lot size

6.06 acres

Price per sq ft

$325

Year built

2000

Annual property taxes

$11,706.32

HOA

No

Price History

11/08/2024
StellarMLS

StellarMLS #T3525638

Price change
$949,000
-5.01%
07/25/2024
StellarMLS

StellarMLS #T3525638

Price change
$999,000
-11.2%
07/21/2024
StellarMLS

StellarMLS #T3525638

Price change
$1,125,000
-2.17%

Schools & Community

Elementary school: 

Myakka City Elementary

Middle school: 

Nolan Middle

High school: 

Lakewood Ranch 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

Sentinel Mtg Co

Loan start date

November 1999

Original loan amount

$101,400

Est. remaining balance

Not provided

Interest rate

7.76%

Loan type

Not Provided

Seller

John E Russo Jr

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?

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Status: Active

Tomo last checked: 12/25/2024 at 1:25 PM

Listing updated: 12/13/2024 at 7:51 AM

Listed by: Nancy Santacreu, LPT REALTY LLC Phone #: (813) 359-8990

MLS: StellarMLS #T3525638

StellarMLS logo

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