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7146 Territory Lane

SARASOTA, FL 34240

– beds
– baths
3,859 sqft
~5 acre lot
$673 per sqft
1975 build
– on site

Under contract-accepting backup offers. TWO SINGLE-FAMILY HOMES ON 5 ACRES WITH A MASSIVE BARN! INCOME PRODUCING POTENTIAL! NO RENTAL RESTRICTIONS. Welcome to the exclusive Fox Creek community, where this exceptional 5-acre family compound awaits you. Situated at the end of a peaceful cul-de-sac, this private 5-acre lot is fully fenced and features paddocks and pastures awaiting your farm animals, all framed by the natural privacy of majestic oak trees and swaying palm trees. This remarkable property boasts three distinct structures: two single-family homes with an expansive barn/workshop/garage. Located in the highly sought-after Fox Creek Acres II neighborhood in Sarasota, this once-in-a-generation opportunity comes with no HOA or deed restrictions, offering unmatched versatility. Whether you dream of creating a family compound, equestrian estate, farm, or private retreat, 7146 Territory Lane is the perfect blank canvas. The MAIN RESIDENCE (HOUSE #1) offers over 3,000 total sq. ft., with 5 bedrooms, 3.5 baths, wood burning fireplace, 2 car garage, covered paver patio with a refreshing pool with a cabana bath. The details of the main home include an updated kitchen, baths, luxury vinyl, newer roof (2019), newer A/C, impact windows and garage door, new well and water system. The second home (HOUSE #2) is equally impressive and built-in 2003 with more than 2,000 total sq. ft, this open floor plan has 3 bedrooms and 2 bathrooms with two 2-car garages plus a separate area for RV hookup. As well as a nice large front porch and a covered screened-in back patio. As for the two-story barn, it has a newer roof (2023) and it offers over 4,000 total sq. ft. of versatile space, perfect for a workshop, a garage equipped with a car lift, or even a gym, as shown. The possibilities are endless. Set within the peaceful surroundings of Fox Creek Acres, this estate offers the privacy and serenity of rural living without sacrificing proximity to modern amenities. Convenience meets tranquility with this property’s prime location. Situated just under 5 minutes from the highway, you’ll enjoy seamless access to everything Sarasota has. The vibrant University Town Center (UTC) area is only 15 minutes away, offering over 250 stores, restaurants, and entertainment options. UTC is also home to Nathan Benderson Park, a hub for outdoor activities and international rowing events, making it a destination for shopping, recreation, and entertainment. Additionally, the property is just 30 minutes from the cultural and culinary delights of downtown Sarasota, where you’ll find theaters, galleries, waterfront parks, and award-winning restaurants.

Listing courtesy of STELLAR_MLS / COLDWELL BANKER REALTY

Last checked: Checking… • Last updated Mar 25, 2025 •

MLS# A4635408 —

This property is listed in more than one place. See it here.

The Building

Year Built:

1975
New Construction:

false
Construction Materials:

Stucco
Levels:

Two
Roof:

Shingle
Foundation Details:

Stem Wall
# of Buildings:

3
Building Area Total:

10291
Building Area Units:

Square Feet
Building Area Source:

Public Records

Interior

Interior Features:

L Dining
Flooring:

Luxury Vinyl
Additional Rooms:

Den/Library/Office
Fireplace:

true
Fireplace Features:

Wood Burning

Room Dimensions

Living Area:

3859
Living Area Units:

Square Feet
Living Area Source:

Public Records

Location

Directions:

From I75 take exit 210 heading east on Fruitville Road. turn left onto Lakewood Ranch Blvd, take first roundabout exit onto Lakewood Ranch Blvd then first exit at roundabout onto Richardson Road. Turn left onto Wagon Wheel Drive then right onto Territory land. Home will be on the right.
Latitude:

27.346485
Longitude:

-82.426353
Coordinates:

-82.426353, 27.346485

The Property

Parcel Number:

0212060005
Property Type:

Residential Income
Property Subtype:

Triplex
Property Attached:

false
Lot Features:

Cul-De-Sac
Lot Size Acres:

5
Lot Size Area:

5.0067
Lot Size SqFt:

218090
Lot Size Units:

Acres
Total Acres:

5 to less than 10
Zoning:

OUE
View:

Pool
View:

true
Exterior Features:

Sidewalk
Water Source:

Well
Road Surface Type:

Asphalt
Road Frontage Type:

Private Road
Flood Zone Code:

A/AE/X
Additional Parcels:

true
Additional Parcels Description:

0212060002
Homestead:

true
Lease Restrictions:

false
Land Lease:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2023
Tax Lot:

34
Tax Legal Description:

LOT 34, FOX CREEK ACRES, SECTION 17, TOWNSHIP 36 SOUTH, RANGE 19 EAST 5 ACRES
Tax Book Number:

22-3
Tax Annual Amount:

9163.54

The Listing

Virtual Tour URL Unbranded:

https://www.propertypanorama.com/instaview/stellar/A4635408
Special Listing Conditions:

None

Heating & Cooling

Heating:

Electric
Heating:

true
Cooling:

Central Air
Cooling:

true

Utilities

Utilities:

Cable Connected
Sewer:

Septic Tank

Appliances

Appliances:

Dishwasher
Laundry Features:

Laundry Room

Schools

Elementary School:

Tatum Ridge Elementary
Middle Or Junior School:

McIntosh Middle
High School:

Booker High

The Community

Subdivision Name:

FOX CREEK ACRES II
Senior Community:

false
Community Features:

Horses Allowed
Waterview:

false
Water Access:

false
Waterfront:

false
Pool Private:

true
Pool Features:

In Ground
Pets Allowed:

Yes
Association:

false
Ownership:

Fee Simple

Parking

Garage:

true
Attached Garage:

true
Garage Spaces:

6
Carport:

false
Covered Spaces:

6
Open Parking:

true
Parking Features:

Driveway

Extra Units

Other Structures:

Barn(s)
# of Units Total:

2

Explore the Area

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Sale history

Date	Event	Source	Price	% Change
3/25/25 Mar 25, 2025	Pending	STELLAR_MLS	$2,600,000
2/14/25 Feb 14, 2025	Price Changed	STELLAR_MLS	$2,600,000	-10.3%
1/11/25 Jan 11, 2025	Listed / Active	STELLAR_MLS	$2,900,000

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Similar sold homes

This multifamily located in Fox Creek Acres East, FL 34240 is currently pending sale for $2,600,000. 7146 Territory Lane is a 3,859 square foot multifamily with – beds and – baths that has been on Estately for 80 days. 7146 Territory Lane is in the Fox Creek Acres East neighborhood of SARASOTA. This multifamily is in the attendance area of Mcintosh Middle School, Tatum Ridge Elementary School, and Booker High School.

Listing Courtesy of: STELLAR_MLS and COLDWELL BANKER REALTY.

Based on information from the My Florida Regional MLS DBA Stellar MLS 2025.

All information provided is deemed reliable but is not guaranteed and should be independently verified. Stellar MLS, Estately and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. Stellar MLS and Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law. For any questions please call (407) 499-8911.